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CITY COUNCIL MEETING DATE: <br />JULY 5, 2016 <br />TITLE; <br />AMEND RESOLUTION NO. 94 -027 TO <br />MEMORIALIZE CERTAIN CHANGES TO <br />THE PAYMENT AND REPORTING THE <br />VALUE OF EMPLOYER PAID MEMBER <br />CONTRIBUTIONS TO THE CALIFORNIA <br />PUBLIC EMPLOYEES RETIREMENT <br />SYSTEM <br />{STATEGIC PLAN NO. 7, 6} <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1 at Reading <br />❑ Ordinance on 2 I Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED <br />TO <br />FILE <br />NUMBER <br />Amend Resolution No. 94 -027 to memorialize certain changes to the payment and reporting the <br />value of Employer Paid Member Contributions to the California Public Employees Retirement <br />System (CaIPERS) for local miscellaneous and local safety members <br />DISCUSSION <br />On June 20, 1994 the City of Santa Ana adopted Resolution 94 -027 agreeing to pay the normal <br />member contributions as employer paid member contributions ( "EPMC ") and report the full <br />monetary value of contributions as compensation earnable for employees classified as local <br />miscellaneous and local safety members. At that time, the EPMC was 7% for local miscellaneous <br />CaIPERS members and 9% for local safety members. <br />On July 7, 2008, the City of Santa Ana adopted Resolution 2008 -050 to provide the 2.7% @ 55 <br />retirement formula for local miscellaneous members. As part of this formula, the EPMC increased <br />from 7% to 8 %. The City began paying this 8% of the normal contributions on January 1, 2009 <br />and has continued to pay the 8% pursuant to several written labor policies and agreements with <br />several miscellaneous bargaining units. The local safety members EPMC remained the same at <br />9 %. <br />55A -1 <br />