HomeMy WebLinkAboutAgmt_1946_November 25_SERS_Amendment to Contract
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a~. BOARD OF ADMINISTRATION
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EARl. W. CHAPMAN
EXECUTIVE OP'I"ICER
DONALO"GALLAGHER. PRE;:SIDENT
WALtER C. KENNEDY, VIelE PR..1DENT
JOHN R. CORNWELL
RALPH H. COWING
JAMES S. DEAN
THEODORE H. JENNER
ROY C. PLOBS
HAROLD H. ROBINSON
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RALPH R. NELSON
ACTUARY
AT iJh~t Pi<\S-i
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STATE OF CAL.IFORNIA
BOARD OF ADMINISTRA I Iv...
1PWARD K. COOMBS
AS81l!tV~NT EXECUTIVE OFFICER
CIT'f CLERK
LAUREN C. HAIGHT
. ....1.TANT ACTUARY
'tate ~mp:lotlees' ~etiremmt 'tlstem
13.20 K STREET
SACRAMENTO 14
November 19, 1951
PLEASE DIRECT YOUR REPLY TO SECTION
REFER TO MEMBER ACCOUNT NUMBER
City of Santa Ana
City Hall
Santa Ana, California
Attention: Miss Erma Keeler
Gentlemen:
The Board of Administration has approved the Amend-
ment to the Contract between the City of Santa Ana and the
State Employees' Retirement System. The Contract, already
executed by the officials of said Agency, has now been executed
by the officials of the Board of Administration on NO'lember 16,
1951.
A copy of the amended contract is enclosed for your
files.
VE OFFICER
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Encl.
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September 20, 1951.
State of Callfornia, .
Board of Ade1n18t~a'lon,
S'&~lo1e..' RllUreIHnt 87st81l,
1320 r.: S'~e' '
Sa01"8lllento, 1!,
California.
Attention: Mr. Lameen C. Haight
Assistant Aotuar1
Gentlemsnl
Enolosing herewith for your information,
the following.
Two copies ot Resolution ot lntenUon No. S04S
to approve aIIen4altnt to oontraot pl"Ovld1ng tor
parUolpatlon 1n State Emploree.' Retirement
S"8tO, wh1ch are certine! to b7 the C11I1 Clerk.
Tr1pl1oate ooples ot Amendment to Contraot betwe8ft
the Ibard Of Adm1nlstratlonl State EllIpl01ees'
Rstir...nt S1Stsm and Clt1 counoll of the City ot
Santa Ana.
'l'wo certined oonles ot 01"d1nanoe Jo. 1))2 authol'-
1z1ng an amendment to the oontract providlng tor
the partioipation of the C1ty of Santa Ana 1n'the
California State Empl07e..' Retirement 81sto,
lII8k1ng 1ts empl07ees members ot uid '7ste8l.
one oOP1 of Covern1ng Bod7' s aotion, de. ted Sept.
20, 1951. , .
Yours '1er1 trul:r.
OUr Clerk.
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-loUD OF ADMINlisl-1I/I. ~'ON
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H. M. BIENEDICT. PRIE.ID.NT
DONAu:I,GALL.AQHItR. VICIE PRE.IDINT
JOHN R. CORNWELL.
RALPH M. COWING
JAMES DEAN
THEODORE H. JENNii:.R
WALTERC. KENNEDY
HAROLD H. ROBINSON
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EARL W. CHAP"AN ..
lI:XIECUTIVI: O....ICIER
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RALPH R. NIELSON
ACTU....Ry
EDWARD K. COON..
......I.T....NT J:X..C::UTIV.I O....ICIER
STATE OF CA\..IFORNIA
BOARD OF ADMINISTRATION
~tate tff'mplo\lees' ~etirement ~\lstem
LAUREN C. HAIGHT
....II.I.T....NT ....CTUAIIY
1320 K STREET
SACRAMENTO 14
August 2, 1951
City of Santa Ana
Santa Ana, California
Attention: Eru Keeler
PLEASIE. DIRECT YOUR REPLY TO SIECTION
REFER TO MEMBER ACCOUNT NUN.".
Gentlemen:
We are enclosing herewith the following documents in connection with the
proposed a~endment to the contract between the Board of Administration and the
ClT'I'V ClmlWCIlL OF THE CITY OF SAIl'i'A ANA .
1. Resolution of Intention, ~~22-d, in triplicate, with a copy of the amend~ent
attached, must be adopted at least 20 days prior to adoptinC resolution
approving amend'llent. *Trro copies properly executed must be returned -tothis
System. (Chapter 4 (1), of the State Employees' Retirement Law.)
2. Amendment, in quadruplicate.
(The 3JJlendment should be executed in triplicate and returned to the Hetirement
Office, after the provisions of Chapter 4 have been complied 11ith. Retain the
4th copy for your files.)
3. ~l!llIltUllll.- Ordinance, in triplicate, approving the amendment to the contract.
(To be adopted by the affi~ative vote of two-thirds of the members of the
governing body not less than 20 days after the adoption of the Resolution of
Intention, F122-d, in precedinr, Item 1. The numbers of days and publications
are to be inserted in Section 3 of ~ - r~28d, to comply .with local require-
ments. T:~ copies of res&lntton are to be returned to this office.)
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4. Report of governing body's action.
(To be completed and one copy returned to the System.)
After receipt of the above information, the amendment will be executed by the
Board of Administration and a copy will be returned for your records.
LAUPLN C. HAIGHT
Assistant Actullq
*122-dt Resolution or Intention
Enc1s.
F709 6/51 250
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September 20, 1951.
(date)
Board of Administration
State Employees' Retirement System
Sacramento 14, California
Gentlemen:
I hereby certify to the following facts:
1. That the 01 t:r 00118011 of said Agency adopted on
(Name of Governing Body)
August 6th. , 19~, a resolution with a copy of
the contract attached, giving notice of intention to approve an
amendment to the contract providing for the participation of said
Agency in the State Employees' Retirement System, making its
employees members of said System, a certified copy of said resolu-
tion, in the form furnished by said Board of Administration, being
attached hereto.
2. That the (lit, OouaoU of said Agency adopted on
(Name of Governing Body)
Aucnst 6th, , 19-51" and by the affirmative vote
of two-thirds of the members of said governing body, a
Resolution , approving said amendment to the
(Resolution or Ordinance)
contract providing for participation of said Agency in the State
Employees' Retirement System, making its employees members of said
System, a certified copy of said Resolution in
(Resolution or Ordinance)
the form furnished by said Board of Administration, being attached
hereto.
Yours truly,
City of Santa Ana
( Name of Agency)
City ~k~4~
by: Jrt dAAAIH J
Deputy
F 130d (Guar. % & Comp.) 10-41 400
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"EXHIbIT A"
AJilEdDi'JENT TO CON'l'RACT bEr'i/EEN
TH~ BOARD OF ADtuNISTRATION
S'rATE El'1PLOYEES' RETIREliJEN'l' SIS'fEM
AllD
CITY COUNCIL
(Governing 30dy
OF 1'Hl!;
CITY OF SANTA ANA
(NAjVJE OF PUBLIC AGENCY)
The Board of Administration, State Employees I Reti rement System, and the
CITY COUNCIL of the CITY OF' SANTA ANA ,
(Governing lOody) (Name of Public Agency)
hereinafter referred to as Agency, having entered into a contract under date of
November 25 , 19 46 , effective Jul! 1 , 19 47 ,
which provides for the partTCTPa tion 0 l' said Agency n sai d Retiremen t-rrystem,
aGd said Contract beinS based on the Retirement Law exclusive of amendments
thereto which changed benefits and ages of retirement, said (ooard of Administra-
tion and said CITY COljNCIL hereby agree as follows:
(GovernL1g Eody)
1.
2.
Paragraphs 4, 5, 6, 7, 8, 9, and 10 shall be and are hereby stricken
from said Contract.
l'he following paragraphs shall be and are hereby added to said Contract:
4.
Age 60 shall be the Hormal age for retirement for service, of
persons who are miscellaneous members because of employment by
Fublic Agency, that is, members other than Local Firemen, Local
Policemen or county Peace Officers, and one-sixtieth shall be
the fraction of final compensation, as defined in said Retire-
ment Law, to be provided for each year of service as a member
upon retirerrient at age 60, and the provisions of Section 21251.1
of said Retirement Law, providine; for a t.:,uaranteed percentage of
said final compensation, shall apply.
Prior service benefits to mis.ce llaneous members employed by Public
Agency, that is, members other than Local Firemen, Local policemen,
or County Peace Offic ers, upon retirement for service, shall be
allowed only as a percBntase of the averae;e salary specified in
Section 21253 of said Retirement Law, for each year of such ser-
vice, anmd percentage shall be 100 per cent of the percentage
determined under sa~.d Section for tneage at retirement.
5.
6.
Age 22 shall be the minimum age for retirement for service, of
persons who are members because of employment by Public Agency
as Local Firemen, Local Policemen, or County Peace Offic ers and
the provisions of Section 212$2.4 of the State Employees' Retire-
ment Law, providing for a guaranteed percentage of final compensa-
tion for each year of current service as a member, shall apply to
such jrlembers.
7.
Benefits on account of prior service, that is, service credited
hereunder as rendered to Public Agency prior to the effective date
of pe.rticipation, to respective persons who are members because of
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employment by Public Agency as Local Firemen, Local Folicf\men or
County Peace Officers, shall be allowed only as a percentage of
the average salary specified in said Retirement Law, for each year
of such service, and said percentage shall be 100 per cent of the
fraction of final compensation, as defined in the state Employees I
Retirement Law, for each year of service rendered after said date,
as determined for said respective members under said law, for
retirement for service at age 22' or upon qualification for service
retirement at a higher aee. If a member retires for service before
attaining age 5S, his prior service pension shall be reduced to that
arrlo~Dt which the value of the pension as deferred to age 22 will
purchase at the actual age of ret irement.
8. The provisions of Section 21258b of the State Employees' Retirement
Law, guaranteeing a minimum retirement allowance under certain condi-
tIons shall apply to persons who are members because of employment
by Public Agency.
9. The provisions of Section 21367.5 of the State Employees' Retirement
Law, providing a ~300 death benefit after retirement shall apply to
persons who are members because of employment by Public Agency.
10. The provisions of Section 20025 of the State Employees' Retirement
Law, providine that there shall be no maximum limitation in the
compensation which shall be included in computations under the
Retirement Law, shall apply to employees of Public Agency who be-
come members of said Hetirement System.
11. The retirement allowances of persons who were r~embers because of
employmen t by Public A, ency and \-Jho were retired prior to the
effective date of this ~mendment shall be recalculated on the
basis of this contract, but in no event shall any allowance be
decreased, and said allowances shall be paid for time beginnir~
wi th the effec ti ve date of this amendment in the recalculated
amounts. Paragraph 9 of this contract shall apply to persons
retired prior to the effective date of this amendment ana whose
death occurs while receiving a retirement allowance based on time
after said effective date because of employment by Publ ic ilgency.
12. PUblic Agency shall contribute to said Retirement System as follows:
a. The s'lm of ~65,093.00 per annum, or more freq1 ent installments
as Board shall require, for the period of years stated in said
Contract, less the time elapsed from the date of' participation
to the effflcti ve date hereof.
b. S.071 per cent of total salaries paid by Public Agency each
mon th to its employees who are members of sa id hetirement Sys-
tern, provided that only salary ear'ned as members of said System
shall be included in said total salaries, and the employees who
are members of said system shall include employees who are mem-
bers upon the effective date hereof and employees who become
members thereafter.
c. A reasonab Ie amo',mt per annum, all fixed by T'oard, to cover the
costs of administering said System as it affects the e~ployees
of Pllblic Agency, not including the costs of special valuations
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3.
4.
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or of the periodic 131 inves tiga tion and valuation requ ired by
law, provided that said amount shall be determilled on the
basis of the number of employees of Public Agency who are mern-
bel'S on July 1st of the respective fiscal years.
d. A reasonable amount as fixed by the "_,0131'0., payable in one
installment froen time to time as the occasions arise, to cover
the costs of srecial valuations on account of em;"loyees of
Public Agency, and the costs of the periodical investigation
into the experience under said Retirement System, as It affects
said employees, and the veluati.on of the assets and liabilities
of said System on account of said employees.
Contributions required of Public Agency and its employees shall be
subject to adjustment by the board of administration on account of
amendments to the state Employees' Retirement Law, and on account
of experience under the Retirement System, as determined by the
periodical investisation, valuation and determination provided for
by said Hetirement Lavl.
Contributions required of Public Agency und'lr the paragraph immedi-
ately preceding, and contributions required of Public AE';ency's
employees who are members of said Sys tem, shall be paid by rubl ic
Agency to the State Employees' Retirement System within thirty days
after the end of the month or longer period to which said contribu-
tions refer. If morA or less than the correct amount of contribu-
tions required of Public agency or its employees is paid for any
period, proper adjustment shall be made in connection with subseCluent
remi ttances of Public !-;.t;ency to the,30ard, to rectify the errors; or
such adjustments on account of errors m~de in contributions re~lired
of employees, may be made by direct cash payments between the employee
in connection wi th whom the error was made, and board. Payments of
Fubllc ,.gency to '<oard may be made in the form of warrants, bank
checks, bank drafts, certified checks, monel orders, or cash.
ilenefi ts, includinG retirement allowances, prior to the effective date
of thls aJ'llendment, shall not be affected by this amendment, unless
otherwise provided herein.
Thls amendment shall he attached to said Contract and shall be effec-
tive as of October 1 , 19 21.
day of
, 19
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\~itness our hand this
Attest:
CITY COLNCIL of
Name of Legislative Body
Clerk.
CITY OF SANTA ANA
Name of Public Agency
By
presi6ing Officer
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Attest:
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Executive Officer
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BOARD OF ADhINIS'i'RATION
S'l'A'lB EHPL0YEES' RETlhEiJc1<'l' SfS'lSl<;
By
President, '5oard of l\drninistration