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ORDINANCE NO. NS -2514 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA ANA AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM THE CITY COUNCIL OF THE CITY OF SANTA ANA ORDAINS AS FOLLOWS: SECTION 1: The City Council of the City of Santa Ana hereby finds, determines and declares as follows: A. The Fourth Level of 1959 Survivor Benefits are available for California Public Employees' Retirement System (PERS) members whom Social Security does not cover under their current employment. CalPERS structures this benefit to provide a monthly allowance to the families of workers who die before retirement. B. As Social Security Benefits have improved over the years, additional levels of the CaIPERS 1959 Survivor Benefit program have been added. The fourth level of benefits will provide a monthly allowance payable to eligible survivors as follows: 1. A spouse with two or more eligible children, or a surviving family of three or more eligible children will receive a monthly allowance of $2280. 2. A spouse with one eligible child or a surviving family of two eligible children will receive a monthly allowance of $1900. 3. A surviving family of one eligible child, or a surviving spouse of age 60 or older or a dependent parent will receive a monthly allowance of $950. C. In accordance with provisions of the current Memorandum of Understanding between the City and the Police Officers' Association and to provide uniform benefits to all employees, the City agreed to amend its current contract with PERS to provide the Fourth Level of 1959 Survivor Benefit. D. There is no immediate fiscal impact to the City associated with this ordinance as the employer contribution rates are not expected to increase for the next five years. 55.A. Page 82