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REQUEST FOR COUNCIL ACTION CITY COUNCIL AGENDA DATE TTTNF. TR., igen �__ Vie• �e�. �•. u• •..aa ;s ;aua� au •a; RECOMMENDED . • DATE OF COUNCIL ACTION JUN 18 1990 Ordinance No, A ) S — 2 . Q.., . Aa..-. CLERK OF THE COUNCIL Adopt an Urgency Ordinance authorizing an amendment to the City's contract with the California Public Employee's Retirement System (PERS) to provide Section 21252.01 benefit option (2% at age 50 Full Formula) for all local fire safety members, effective July 1, 1990. EXECUTIVE SUMMARY In accordance with provisions of the current Memorandum of Understanding between the City of Santa Ana and the Fireman's Benevolent Association (FBA) the City agreed to amend its contract with PERS to provide, effective July 1, 1990, the 112% at age 50 Full Formula" benefit option for all safety members employed since October 1, 1981. Fire personnel hired prior to that date already have that benefit option. The amendment will standardize the benefit for all sworn personnel. On May 21, 1990, the City Council adopted Resolution No. 90-054 declaring its intention to approve such amendment to the City's contract with PERS in accordance with State Law. Because an unanticipated need by PERS to revise their previously completed valuation/cost data, the lengthy contract amendment process was delayed by six weeks. Consequently, the documentation necessary to the adoption of said Resolution could not be provided earlier than May 21, 1990. Additionally, because final reading of the ordinance authorizing the amendment to the PERS contract cannot occur earlier than twenty days after the adoption of the Resolution of Intention, it is now necessary to adopt this ordinance as an urgency measure so that the effective date of the contract amendment will coincide with the July 1, 19.9,,o date specified in the MOU with the Fireman'senevolent Association. 218 5 .