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Home My WebLink About60-130RESOLUTION NO. 60-130 DECLARING INTENTION TO APPROVE AN AMENDMENT TO CONTRACT EXISTING BE- TWEEN THE BOARD OF ADMINISTRATION OF THE STATE EMPLOYEES' RETIREMENT SYSTF/4 AND THE CITY COUNCIL OF THE CITY OF SANTA ANA WHEREAS, the State Employees' Retirement Law permits the participation of public agencies and their employees in the State Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said law; and WHEREAS, one step in said procedure is the adoption by the legislative body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the changes proposed in said contract; and WHEREAS, the following is a summary of the proposed change: 1. A monthly allowance shall be paid to certain eligible survivors of a member who dies before retirement. NOW, THEREFORE, BE IT RESOLVED: ~nat the City Council of the City of Santa Ana gives, and it does hereby give notice of intention to approve an amendment to contract between said City Council and the Board of Administration of the State Employees' Retirement System, a summary of the major provisions of the proposed change and a copy of said amendment being attached hereto, marked "Exhibits A and B" respectively and by this reference made a part hereof. pASSED AND ADOPTED by the City Council of the City of Santa regular meeting held on the 5th day of July, 1960. Ana at its ATTEST: Cf~/K oF ~4E COUNCIL -1- STATE OF CALIPORNIA) COUNTY OF ORANGE ) SS CITY OF SANTA ANA ) I, MARION SUTTNER, do hereby certify that I ~un the Clerk of the Council of the City of Santa Ana; that the foregoing Resolution was regularly introduced to said Council at its regular meeting held on the 5th day of July, 1960, and was at said meeting regularly passed and adopted by the following vote, to-wit: AYES, COUNCILMEN: Royal E. Hubbard, Dale H. Heinly, Bob Brewer~ A. A. Hall NOES, ABSENT, COUNCILMEN: COUNCILMEN: Stanley C, Gould, Jr. None -2- Benefits to Employees Under SERS SURVIVOR BENEFITS (Benefits provided by Sections 21380-21386 of the Retirement Law) BENEFITS Survivors of members who elect coverage under the SERS survivor program and whose death occurs before retirement will receive a monthly life income as follows: Widow and two or more dependent children or Three or more dependent children, alone $25,0 Widow and one dependent child or Two dependent children, alone Widow, alone, age 62~ (widower age. 65) or One dependent child, alone $18o $ 90 If there is no widow or dependent child~ then to each dependent parent (mother 62, father 65) $ 9o Conditions: 1. A dependent child is one under the age of 18 and un~mrried, or a disabled child of any age who has been continuously disabled since age 18. 2. A widow ceases to be eligible for a benefit upon her remarriage. A widower will be eligible for a benefit the same as a widow provided he was 6ependent upon the deceased member for at least one-half of his support. The basic death benefit currently included in your retirement program pro- vides that should a member die prior to his retirement, his beneficiary would be paid the member's accumulated contributions plus an additional amount equal to one-month's salary for each year of service, up to a maximum of six months. The above survivor benefits will be payable in addition to any basic death benefit the survivor may be entitled to receive. If a member is covered under both the SERS survivor benefit described abovo and the survivor benefits as provided in Section 21365.5 of the Retiremenu Law (Section 21337 for safety members), the survivor would receive the greater of the two allowances~ but not both. Ret. Form ll71-1 (1/60) 300 The special death benefit provided the widow of a safety member whose death is "in line of duty" is a monthly allowance equal to one-half of the member's "final compensation." If the widow is also eligible for a benefit under the survivor program herein described, she will not receive both benefits, rather she will receive the larger of the two. COST TO TEE EMPLOYEE Each employee will contribute $2.00 a month in addition to his normal retire- ment contributions. He will continue to pay this additional amount until either termination of employment or retirement and under no circumstances will they be refundable. EFFECTIVE DATE These survivor benefits will become effective on (date). All present members of the System will be given the opportunity by written ballot to select this survivor coverage. Persons who choose coverage will remain covered until they terminate their employment or retire. IT IS NOT NOW PROVIDED that persons, who do not choose coverage will be allowed to choose coverage at a later date. For agencies not covered under OASDI all future employees would be mandatorily covered under this program. For agencies who are covered under OASDI all future employees are mandatorily covered under OASDI and, therefore, are not eligible for the SERS survivor benefits. Under the SERS survivor program~ if a member passes away before retirement leaving a widow and four children, the widow would receive a monthly income of $250 until such time as the three oldest children have passed age 18 (so that she now only has one child under the age of 18) at which time her benefit would be reduced to $180. The $180 would continue to be paid until the last child passes the age of 10 at which time the payment would cease until the widow reaches the age of 62. She would then receive $90 a month for the remainder of her lifetime. The widow ceases to be eligible for her benefit when she remarries although benefits would continue to any remaining children under the age of 18. Ret. Form 1171-2 (1/60) 300 EXHIBIT B BOARD OF AD;~INI.'~TRATI¢~ No~ 25, _~~~ 4~ 1, 1927, 1~1, Feb~ ~,mt~r 1, 1~ ~rMct.~ ~lc ~ tn said P~g~ ~r 1 of s~d Para ;ra~ 3 t~u'~gh 16 are hereby 10 1951, ~b~,~ 1, 19~, ~:~r ~ t~lu~t~, ~ploy,:~s of ~ublic %~en~ in the ah, all become ~l,a of said e~h such cla~ and /r~p a~ are a. Local Firemen b. Local local safety aa local ~a£ety ~ploy~S o$2~er t~mn local safety :~r~ (h~reln refer~d t~ as ~iscellar~s In ~ irish to ~he em~loyees exclude £r~a m~a~rsnip by eai~ im~ire~en% La~, thc follo~d,r~ employ~;s shall not b~come ~ Ret, "o~ 70~-1 4e All ~ord~ a~ t~rme v~ed herein ~tdc~ ar~,? ~fi~ ~n ~ Se~%ton 21252.4 (provtdtr~l f~r a ¢'a~r~.~ p~en~ge of final cm:p~neation for each ye~* of cur:~n% and prior ~erv!ce ~. a local e~.d%,ty ~). f~tt~ ~:024e01 (definf~ "final c~<;~nsation' on the basis of a :~i of three consecutive de Section 21~-5 ~.1 (pro~fd~n~ a m~n~ea retirt~r~ allow- eo Seett~: 21~,7.51 ( roviding a ,~400.00 cteath b~n,:fit upton death after Section 20025 (p~di~ for l~lusi~ of atton ~l~c~ or e~ty 1, 1~56 t~ ~ersons retir~i on ~! ~or to i. f~ction 21251e3 (~d~: for t$~ r~oalculation of ancez to l:ersO~z retired prior to October 1, 1951 for ti~e sh~l t~ dete~i~d in ac~nce ~th B~tion 2~4 ~, ~bl~c ~?eucy mhail *Jaim a~,,dmemt, om mcc~.~nt of the lia- to its e~lo?ees ~ a-~ ~d h~aftgr ~o~ ~ ~ of said Reti~t ~7~,~m~ .r~tded ~hat o~ ~ ea~d ~s ~ of s~td ~t~ sh~l ~ f~l~d in s~td Contri~itior~ ~e~ntred of }~Iblic ~ncT and Sta~ ~1~' ~tir~nt ~ the ~e~r~ ~, ~ i~i- p~d ~ ~blic ~ge~ ~ the Reti~t S~t~m ~r ~ ~nd of the ~od f~ vh~_ch s~d co~t~t~onm ~e or less ~ ~ ~,ct ~n$ of ~ntri~tton a~ ne~s o~Der ~us~nt shal] ~ ~de in ~n~t~on ~et. Form 702-3 CITY oF ,':: NTA ANA