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m <br />9' <br />CITY COUNCIL <br />Old THE <br />CITY OF SANTA ANA <br />WIMRNANs the public Rmployees" Retirement law permits the participation of public <br />agencies and their employees in the Public Nmployees" letiremont System <br />by the execution of a contraoC, and sets forth the procedure by which <br />said, public, agencies may elect to subject themselves and thein* employees <br />to amendments to said law) and <br />WMUkO, one of the steps required in the procedure to amend this contract is <br />the adoption by the legislative 'body of the publics agency of a resolu- <br />tion giving notice of .its intention to approve an amendment to said <br />centrad, which resolution shell contain a summary of the changes <br />proposed in said contract) and <br />WHMMat the following is a summmy of the major provieicna of the proposed chan$esa <br />1* provides upon death of a miscellaneous or local safety member who <br />retired for service or disability for the continuation of orae -half <br />the retirement allowance to certain survivors. <br />p. Safety formula changed to at 50 (from 1/e at 55). <br />NOW, '+i RSFORN, 8N IT fiBSOV%D# that the CITY COUNCIL of the CITY OV SANTA ANA <br />gives, grad it does hereby give, notice of intention to approve an amend- <br />mont to contract between said CITY COUNCIL and the Board of Administration <br />of the Public :employees° Retirement System, a copy of said amendment and <br />a summary of the major provisions of the proposed changes beim; attached <br />hereto, marked Nxhibits °"A" and "V*$ and by this reference made a part <br />hereof. <br />CITY COUNCIL <br />k' <br />ams <br />Rot. porm 122 <br />