Agmt_1954_February 1_Amendment & correspondence

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.. c' - • ~ Ai~iEAII)~IENT Tf3 CONTf~ACT BETlw'EB~} THE BCr~Ltl OF AI~MIIdISTft11TICiAi STATE ~fPLOY~S ~ r~tETIRF.~EHT S:fSTF.~ Ain THE cITY coUPiCIL of TH~° czTY o~ SANTA ANA The Board of Administration, State Enaploy~sea~ Retirement System, and the CITY COUNCIL OH THE CITY of SANTA ANA, herei.na.ftsr referred to as Agency, having entered into a contract under date of Atavernber 25, ~.9t=b, effective Ju3y 1, 19t~?, which provides for the partici.patian of said Agency in said ~tiremsnt System, and said Contract being; based on size Retirement Lax'exclusitre of amendments thereto which chaa~ed benefits and ages df retirement, said Board of :~dminia- tration and said CITY COtJNCZL hereb,~ agree as fo3lo~rss 1. Paragraph 9 shall be and is hereby stricken from said Contract. 2. The following paragraphs shall be and are hereby added to said Contracts 9. Ths provisions of Section 213?.~l of the State kmploy~aes~ Ret~.remerit Law, providin€; a ~~~ death benefit after retire- r~nt S?3AI,L APPLY to persons who are rne~sbers becatts® of employ- ment by PRxbl,i.c Agency. ].l,.. The nravisiona of Section 20021.01 of the State Etttployeea~ Retirement Lax, which provide that "final compensation" shall mean the highest average annual compensation earnab],e by a member during any period of three consecutive years during his member- ship in the System: SHALL APPLY to employees of Public ~sgency srho became me~abors of said Retirer+~nt System. 3. The percent stated in paragraph 12b sha11 be amended to read 5.114. 4. This amendment shall be attached to said Contract and Shall be effective as of Eob_i~r.~:..Zst, ,~„~1954. ~iitne88 our hand this ! lath day Q ~anuar~v -,_____~,,, 19~~t. HOARID of AI1~tNISTRATION STATE E~€PLOYEES~ RET?.RI1~NT ~STE1+I Pre ant Attests Execu er CITY Cf~NCTL of TIC CITY OF SANTA ANA _ .. ~. ~ ~ ~ ~~ ~~''L es ng Qf cer Bayor Attests Clerk of the Council. FEB ~ 91954