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HomeMy WebLinkAboutResolution 82-71b_wOLUTION NO, 82-71 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AUTHORIZING AN AMVWDRMXT TO CORRECT AN ERROR IN THE CONTRACT BETWEEN THE CITY OF SANTA ANA AND THE BOARD OF ADMINISTRATION, PUBLIC VMPLOYMES' RETIREMENT ,SYSTEM WHEREAS, the City Council of the City of Santa Ana hereinafter referred to as Public Agency, and the Board of Administration of the Public Employees' Retirement System entered into as contract effective July 1, 1e947 providing for the participation of Public Agency in the Public Employees' Retirement System; and WHEREAS, seaid contract was amended effective October 1, 1981. However, due to an inadvertent omission Age 50 discount (;lection 20952.5) was deleted when the contract was amended to include 2% @ 50 £Full, formula. An amendment for a reduction in benefits (Section 20461.6) to 2% 0 55 Full formula for future safety employees requires the agency to become mandatorily subject to age 50 discount again; and WHEREAS, Rection 20461 of the Government Code provides that errors in a contract may be: corrected through contract error amendments executed by the adoption of suitable resolutions by the contracting parties; NOW, THEREFORE BE IT RESOLVED, that said governing body of .Public Agency authorizes, and it does hereby authorize, o contract error amendment to said contract effective October 1, 19131 as follows: A. The paragraph 7,f shall be added to said contract as follows: Section 20952.5 (Age 50 voluntary retirement) for local safety members only. BE IT FURTHER RESOLVED, that the presiding officer of the governing body of Public Agency be and is hereby authorized, empowered, and directed to execute said amendment for .and on behalf" of Public Agency. Adopted this 7th day of June__. _ 19 gZ BOARD OF ADMINISTRATION PUBLIC EMPLOYERS' RETIREMENT SYSTEM Carl J Blechi er,Exe•utivc Of' car s BYE Si y C. icausi �q, eput pExecutive Officer Approved as to form;!�1 0 CITY COUNCIL OF THE CITY OF SANTA ANA cv 13Y Presiding Off :or GORDON BRICKEN, MAYOR Attest: t' `Z Ele e r,'Legal Office, PERS �NIF C. GUY GwLERK OF THE COU CIL_ 0upLasm _y1uy ACyurjiey,i y of Santa Ana MAYOR Gordon Bricken VICE MAYOR R. W. Luxembourger COUNCIL MEMBER John Acosta Daniel E. Griset ). Ogden Markel Patricia A. McGuigan Alfred C. Serrato CITY MANAGER A.). Wilson. CITY ATTORNEY Edward J. Cooper CLERK OF THE COUNCIL Janice C. Guy I June 11; 1982 Ms. Ellen H. Baltezore, Chief Contracts Division Public Employees' Retirement System P.O. Box 1953 Sacramento, CA 95809 Dear Ms. Baltezore: 20 CIVIC CENTER PLAZA • P.O. BOX 1988 SANTA ANA, CALIFORNIA 92702 (714) 834-4906 Enclosed are two certified copies of Resolution No. 82-71 authorizing amend- ment to the City of Santa Ana's contract with P.E.R.S. to correct an error of omission. This resolution was duly approved by the Santa Ana City Council on June 7, 1982. Please execute both copies of the resolution on behalf of P.E.R.S. and return one copy for our permanent files. Sincerely, CLERK OF THE COUNCIL By; Nancy yron Dean Asst. lerk of the Enclosures Council STATE OF CALIFORNIA EDMUND G. BROWN 1R Governor PUBLIC EMPLOYEES' RETIREMENT SYSTEM 1416 NINTH STREET, P,O. BOX 1953 a SACRAMENTO, CALIFORNIA 95809 Telephone (916) 445_6570 March 1, 1982 Employer Code #137 Mr. D.E. Bott 4/a Director of Personnel kA City of Santa Ana ®'982 20 Civic Center Plaza 61" of Santa Ana, CA 92701 oeYSp'pe� aoparA PNA Dear Mr. Bott: Enclosed are copies of the Resolution Authorizing An Amendment to Correct An Error In The Contract. This will correct the error made in your contract when your agency provided for a reduction in benefits from 2% @ 50 Full formula to 2% @ 55 Full formula for future local safety members and Age 50 Voluntary Retirement for local safety members, Government Code Section 20952.5 was omitted. This amendment will correct your contract retroactive to October 1, 1981 - the date this error was made. Form CON -12, Certification of Governing Body's action, is also enclosed. When your governing body has adopted the enclosed Resolution, please return two executed copies to this office together with the form CON -12 certification. A copy of the error amendment will be returned for ,your records after it has been signed by our Executive Officer. If you have any question, please do not hesitate to contact this office. Sincerely yours, 1L/' Ellen H. Baltezore, Chief Contracts Division EHB/KMK:ddw Enclosure REQUEST FOR COUNCIL ACTION CITY COUNCIL AGENDA DATE June 7. 1982 TITLE RESOLUTION AUTHORIZING AN AMENDMENT TO THE CITY'S CONTRACT WITH P.E.R.S. TO CORRECT AN ERROR OF OMISSION DATE OF COUNCIL ACTION L- "1 - 6- +�.4wfi'L"'"..rr ,� c CITY MANAGER / CLERK OF THE COUNC ACTION ( // It is recommended that the City Council adopt the attached Resolution authorizing the Mayor to execute an amendment to correct an error in the contract between the City of Santa Ana and the Board of Administration of the Public Employees" Retirement System (P.E.R.S.). EXECUTIVE SUMMARY Effective October 1, 1981, the City amended its contract with P.E.R.S. to provide a different level of benefits for new employees hired on or after that date, including a reduction of the 2% at Age 50 benefits formula for future police and fire safety employees to the 2% at Age 55 formula. However, the contract amendment prepared by the P.E.R.S. staff inadvertently omitted a mandatory provision regarding the actuarial discounting (reduction) of pension benefits for such future safety employees who might choose to take a service retirement after age 50 but prior to attaining age 55. Section 20461 of the Government Code provides that errors in a contract may be corrected through contract error amendments executed by the adoption of suitable resolutions by the contracting parties. Adoption of the attached Resolution prepared by P.E.R.S. authorizes the Mayor to execute said contract error amendment for and on behalf of the City of Santa Ana.