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HomeMy WebLinkAboutAmendment-89-080AMENDMENT TO CONTRACT BETWEEN TBE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SANTA ANA The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1947, and witnessed November 25, 1946, and as amended effective October 1, 1951, February 1, 1954, September 1, 1956, July 1, 1959, November 1, 1960, September 1, 1963, April 1, 1964, February 1, 1965, January 16, 1969, November 1, 1970, June l., 1974, December 16, 1976, December 1, 1978, October 1, 1981, July 1, 1984, December 1, 1984 and July 1, 1985, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 12 are hereby stricken from said contract as executed effective July 1, 1985, and hereby replaced by the following paragraphs numbered 1 through 12 inclusive: 1.. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local miscellaneous members, age 50 for local police members, age 50 for those local fire members hired prior to October 1, 1981 and age 55 for local fire members hired on or after October 1, 1981. 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1947 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contract- ing agency. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of. said Retirement System: NO ADDITIONAL EXCLUSIONS 5. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law (28 at age 60 Full). 6. The percentage of final compensation to be provided for each year of credited prior and current service as a local fire member who entered into membership on or after October 1, 1981, shall be determined in accordance with Section 21252.6 of said Retirement Law (28 at age 55 Full). 7. The percentage of final compensation to be provided for each year of credited prior and current service as a local police member and those fire members who entered into membership prior to October 1, 1981 shall be determined in accordance with Section 21252.01 of said Retirement Law (28 at age 50 Full). 8. The following additional provisions of the Public Employees' Retirement Law, which apply only upon election of a contracting agency, shall apply to the Public Agency and its employees: a. Sections 21380 - 21387 (1959 Survivor Benefits) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959 Survivor Benefits). b. Sections 21263, 21263.1 and 21263.3 (Post -Retirement Survivor Allowance). C. Section 20930.3 (Military Service Credit). Statutes of 1974 for those local miscellaneous and those local safety members hired prior to October 1, 1981. d. Section 20461.6 (Reduction of Benefits), applied to Section 20930.3, Statutes of 1974 (Military Service Credit) for local miscellaneous and local safety members hired on or after October 1, 1981 and applicable to Section 21252.01 (2% @ 50 Full formula) for those local fire members members hired on or after October 1, 1981. e. Section 20024.2 (One -Year Final Compensation). 9. Public Agency, in accordance with Government Code Section 20740, ceased to be an "employer" for purposes of Section 20759 effective on December 16, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20759. 10. Public Agency shall contribute to said Retirement System as follows: a. With respect to local miscellaneous members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 6.569 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to annual change.) b. With respect to local safety members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 16.717 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to annual change.) C. A reasonable amount, as fixed by the Board, payable in one in- stallment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. d. A reasonable amount, as fixed by the Board, payable in one in- stallment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. 11. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. 12. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the �ryyry , 19 90 . %%f, BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM first CITY COUNCIL OF THE CITY OF SANTA ANA BY L-+�( ��YIryW�-' BY CHIEF, CONTRACT SERVICES DIVISION Presiding Of ice U!/A PUBLIC EMPLOYEES' RETIREMENT SYSTEM PERS-CON-702 (AMENDMENT) (Rev. 6/88) Witness Date Attest: �L- CJanice G r Approved as content �city Manager day of REQUEST FOR COUNCIL ACTION CITY COUNCIL AGENDA DATE December 20, 1989 TITLE PROPOSED ORDINANCE NO. NS- a ® k 7 AUTHORIZING AN AMENDMENT TO THE CITY'S CONTRACT WITH THE PUBLIC EMPLOYEE'S RETIREMENT SYSTEM (PERS) ITY ANAGER RECOMMENDED ACTION /q-09 — oSa"J ,.. c; 5oeD OCA) DATE OF COUNCIL ACTION DEC 20 1989 Placed Ordinance on first reading and authoeued publication of title. JAN 2 1990 OrdinanceNo—N s- 7o 4-2 adopted. ,. CLERK OF THE COUNCIL It is recommended that the City Council adopt the attached Ordinance which authorizes an amendment to the City's contract with the Public Employee's Retirement System (PERS) to provide Section 21252.01 benefit option (2% at Age 50 Full Formula) for all local police safety members, effective January 1, 1990. EXECUTIVE SUMMARY In awith ccordance AnavandnthefPolicecurrent Benevolentranum of Associationd(PBA)ndexebetwen cu ed eon February 16, 1989, the City agreed to amend its contract with PERS to provide, effective January 1, 1990, the "2% at age 50 Full Formula" benefit option for all police safety members employed since October 1, 1981. Police personnel hired prior to that date already have that benefit option. The amendment will standardize the benefit for all sworn Police personnel. On November 20, 1989, the City Council adopted Resolution No. 89-119 declaring its intention to approve such amendment to the City's contract with PERS in accordance with State Law. The PERS contract amendment process also requires that the City's final action authorizing the actual amendment to the contract be made in the form of an Ordinance. 200 Contract Services Division P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 326-3000 (Telecommunications Device for the Deaf) CERTIFICATION OF FINAL ACTION OF GOVERNING BODY I hereby certify: That the CITY COUNCIL the CITY OF SANTA ANA DATE: January 2, 1990 (Governing Body) 514 (Public Agency) adopted on January 2 .1990 by an affirmative vote of a majority of the (Date) members of said Governing Body, ORDINANCE No NS -2047 (Ordinance or Resolution) approving the attached contractual agreement between the Governing Body of said Agency and the Board of Administration of the Public Employees' Retirement System, a certified copy of said ORDINANCE in the form (Ordinance or Resolution) furnished by said Board of Administration being attached hereto. 4LERK OF THEeCOUNCI rk or cre y CITY OF SANTA ANA (Public Agency) PERS-CON-5 C0614 (Rev. 4/89) ORDINANCE NO. NS -?.047 AN ORDINANCE 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 EFFECTIVE JANUARY 1, 1990 THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION 1: That an amendment to the contract between the City of Santa Ana and the Board of Administration, California Public Employees Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A" and by such reference made a part hereof as through herein set out in full. SECTION 2: The Mayor of the City Council of the City of Santa Ana is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said agency. SECTION 3: The amendment to the contract attached hereto as "Exhibit A" shall be effective January 1, 1990. ADOPTED this 2nd ATTEST: Xa cie C. Guy Clerk of the Council COUNCILMEMBERS: day of January , 1990 . QelnH.You jMy—or Young Aye McGuigan Aye Acosta Aye APPROVED AS TO FORM: Griset Aye Norton Aye 6y4m. May Aye Pulido Aye Edward C er City Attorney AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SANTA ANA The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1947, and witnessed November 25, 1946, and as amended effective October 1, 1951, February 1, 1954, September 1, 1956, July 1, 1959, November 1, 1960, September 1, 1963, April 1, 1964, February 1, 1965, January 16, 1969, November 1, 1970, June 1, 1974, December 16, 1976, December 1, 1978, October 1, 1981, July 1, 1984, December 1, 1884 and July 1, 1985, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree.as follows: A. Paragraphs 1 through 12 are hereby effective July 1, 1985, and hereby numbered 1 through 12 inclusive: stricken from said contract as executed replaced by the following paragraphs 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local miscellaneous members, age 50 for local police members, age 50 for those local fire members hired prior to October 1, 1981 and age 55 for local fire members hired on or after October 1, 1981. 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1947 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contract- ing agency. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: NO ADDITIONAL EXCLUSIONS 5. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law (28 at age 60 Full). 6. The percentage of final compensation to be provided for each year of credited prior and current service as a local fire member who entered into membership on or after October 1, 1981, shall be determined in accordance with Section 21252.6 of said Retirement Law (28 at age 55 Full). 7. The percentage of final compensation to be provided for each year of credited prior and current service as a local police member and those fire members who entered into membership prior to October 1, 1981 shall be determined in accordance with Section 21252.01 of said Retirement Law (28 at age 50 Full). 8. The following additional provisions of the Public Employees' Retirement Law, which apply only upon election of a contracting agency, shall apply to the Public Agency and its employees: a. Sections 21380 - 21387 (1959 Survivor Benefits) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959 Survivor Benefits). b. Sections 21263, 21263.1 and 21263.3 (Post -Retirement Survivor Allowance). C. Section 20930.3 (Military Service Credit). Statutes of 1974 for those local miscellaneous and those local safety members hired prior to October 1, 1981. d. Section 20461.6 (Reduction of Benefits), applied to Section 20930.3, Statutes of 1974 (Military Service Credit) for local miscellaneous and local safety members hired on or after October 1, 1981 and applicable to Section 21252.01 (2% @ 50 Full formula) for those local fire members members hired on or after October 1, 1981. e. Section 20024.2 (One -Year Final Compensation). 9. Public Agency, in accordance with Government Code Section 20740,' ceased to be an "employer" for purposes of Section 20759 effective on December 16, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20759. 10. Public Agency shall contribute to said Retirement System as follows: a. With respect to local miscellaneous members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 6.569 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to annual change.) b. With respect to local safety members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 16.717 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to annual change.) C. A reasonable amount, as fixed by the Board, payable in one in- stallment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. d. A reasonable amount, as fixed by the Board, payable in one in- stallment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. 11.Contributions required of Public Agency .and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. 12. Contributions required of Public Agency and its employees shall'be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the first day of January 19 90 BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF SANTA ANA BY gy CHIEF, CONTRACT SERVICES DIVISION Presiding Of ice PUBLIC EMPLOYEES' RETIREMENT SYSTEM PERS-CON-702 (AMENDMENT) (Rev. 6/88) .� •j; TO FORM 'r ckxo; ii-T-URNEY Witness Date Attest: WXk�� Janice C. G / l Approved as > content /City Manager ORANGE COUNTY REPORTER ....Since 1921.... 1212 N. Broadway, Ste. 250 Santa Ana, California 92701 Mailing Address: P.O. Box 1846 Santa Ana, California 92702-1846 Telephone (714) 543-2027 SANTA ANA CITY CLERK, COUNCIL P.O. Box 1988 Santa Ana CA 92702 Proof of Publication (2015.5 C.C.P.) CIN OF SANTA ANA ORDINANCES The City Council of the City of Santa Ana will consider adoption of the fol- lowing entitled ordinances at Its meet - Ing to be held on January 2, 1990: ORDINANCE NS -2034 - An Ordin- ance of the City of Santa Ana Amending the Santa Ana Municipal Code by Adding Sections 9-3.1, 9- 45.1, 9-67.1, 9.118.7 and Amending Section 9-5, 9-6, 9-7, 9-8, 932, 9-33, 9-34, 9-35, 9-35.1, 9-36, 9-39, 9-40, 9- 42, 9-43, 9-44, 9-45, 9-62, 9-63, 9-64. 9-66, 9.67, 9-91 Relating to Personnel Matters. ORDINANCE NS -2041 - An Oroln- ance of the City of Santa Ana Adding Article IV to Chapter 14 of the Santa Ana Municipal Code and Amending and Repealing Various Sections of ORG•-130634 State Of California 1 32 of Said Code, to Revise County of Orange ) ss the the Reu4tipn e(Arnbularcii Service. DANE ts2pp7 -EH Or In- - ORDINANCE NS -2034 anon :of the Cljy ;if sanld kna AutAm hbr`iz nq'Ari endment to sthe I am a citizen of the United States and a resident of the Contract Between the City Council of the City of Santa Ana and the Bard of State of California; I am over the age of eighteen years, Administration of the Callfo naoPublic Employees Retirement System Effec- and not a party to or interested in the above entitled tive RDINANCE NS -2046 - An ornln- matter. I am the principal clork of the printer and ante of the city of Santo Aria publisher of the ORANGE COUNTY REPORTER, a news-' ahs MunnicpaltlCode too Provide an paper published in the English language in the City of Appeal Procedure of Denial of a Santa Arte, and adjudged a newspaper of general circula- �DFoo�father o��a tion as defined by the laws of the State of California by Inf rma complete copy of the ordirl Is on file In urs the Superior Court of the County of Orange, State of Ca office ez f the il� i� f thePlaCouncil, Cry lifornia, under date of June 2, 1922, Case Nis, 13,421. c4i652n. That the notice, of which the annexed is aprinted copy, JANICEC, GUi`, Clerk of the Council has been published in each regular and entire issue of(ORCn13o634) said newspaper and not in any supplement thereof on ec 26 the following dates, to -wit: 12/26/89 EXECUTED ON : 12/26/89 AT LOS ANGELES, CALIFORNIA I certify (or declare) under penalty of perjury that the foregoing is true and correct. ..............................1.... :................. Signature REQUEST FOR COUNCIL ACTION CITY COUNCIL AGENDA DATE November 20, 1989 TITLE PROPOSED AMENDMENT TO THE CITY'S /a-i2i4- o�3rr DATE OF COUNCIL ACTION NOV 2 0 1989 Re olution No Z2-115 CONTRACT WITH THE PUBLIC EMPLOYEE'S adopted. RETIREMENT SYSTEM (PERS) „�� CLERK OF THE COUNCL-101-� RECOMMENDED ACTION 1. Adopt Resolution #99-119 declaring the City Council's intention to amend the City's contract with the Public Employees' Retirement system to provide Section 21252.01 benefit options (2% at age 50 formula) for local police safety members employees employed from and after October 1, 1981. 2. Direct the Clerk of the Council to include in the Minutes the following (GC7507): a. The City's premium rate will increase .927 percentage points to 16.717% of the applicable local safety payroll effective January 1, 1990. b. The estimated cost of this rate increase will be approximately $142,800 for the last half of FY 89-90. EXECUTIVE SUMMARY In accordance with provisions of the current Memorandum of Understanding (MOU) between the City and the Police Benevolent Association (PBA), the City agreed to amend its contract with PERS to provide the 112% at age 50" benefit formula for all sworn Police safety members employed since November 1, 1981. Police personnel hired prior to that date already have that benefit option. The amendment standardizes the benefit for all sworn Police personnel . The contract amendment process specified in the PERS law requires adoption of a Resolution of Intention no less than 20 days prior to adoption of an ordinance authorizing the actual amendment to the contract. The enabling ordinance is scheduled for adoption on 12/18/89. Funds are budgeted and available within the Police Department budget. 071 35F RESOLUTION NO. 89-119 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA DECLARING INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA ANA AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEE'S RETIREMENT SYSTEM (PERS). WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public 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 of the steps in the procedure to amend this contract 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 change proposed in said contract; and WHEREAS, the following is a statement of proposed change: To provide Section 21252.01 (2% at Age 50 Full Formula) for all local police safety members. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Ana: 1. That the City Council of the City of Santa Ana does hereby give notice of intention to approve an amendment on December 18, 1989 to the contract between the said governing body and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto as an "Exhibit" and by this reference made a part hereof. 2. That this Resolution shall be operative from and after November 20, 1989. ADOPTED this 20th day of November, 1989. ATTEST: iICE C., QTY erk of the Coun it COUNCIL MEMBERS: Yo ung Acosta McGuigan Griset May Pulido Norton —Aye —Sye- -&YE- —Qi I Yo g, Mayor'' APPROVED AS TO FORM: EDWMW&—,-- City Attorney * * * C O P Y * * * AMENDMENT TO CONTRACT BETWEEN THE COUR IC EMPLOYEES' ADMINISTRATION �IRRAEMENTNSYSTEM AND THE CITY COUNCIL i OF THE . CITY OF SANTA ANA The Board of Administration., Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1947, and witnessed November 25, 1946, and as amended effective October 1, 1951, February 1, 1954, September 1, 1956, July 1, 1959, November 1, 1960,.September 1, 1963, April 1, 1964, February 1, 1965, January 16, 1969, November 1, 1970, June 1, 1974, December 16, 1976, December 1, 1978, October 1, 1981., July 1, 1984, December 1, 1984 and July 1, 1985, which provides for participation of Public Agency in said System, Baard and Public Agency hereby agree as follows: A. -Paragraphs 1 through. 12 are hereby stricken from said contract as executed effective July 1, 1985, and hereby replaced by the following paragraphs numbered 1 through 12 inclusive: 1. All words and terms usedherein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local. miscellaneous members, age 50 for local police members, age 50 for those local fire members hired prior to October 1, 1981 and age. 55 for local fire members hired on or after October 1, 1981. 2. Public Agency shall participate inthe Public Employees' Retirement System from and after July 1, 1947 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only -on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contract- ing agency. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: - a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); ., * * COPY * * * C. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: Y:, NO ADDITIONAL EXCLUSIONS 5 The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law (2% at age 60 Full). 6. The percentage of final compensation to be provided for each year of credited prior and current service as a local fire member who entered �> into membership on or after October 1, 1981, shall be determined in accordancewithSection 21252.6 of said Retirement Law (28 at age 55 '�..) Full) . ems,. 7. The percentage of final compensation to be provided for each year of. i;l credited prior -and current service as a local police member and those dL fire members who entered into membership prior to October 1, 1981 shall be determined in accordance with Section 21252.01 of said Retirement Law (2% at ague 50 Full). 8. The following additional provisions of the Public Employees' Retirement Law, which apply only upon election of a contracting. agency, shall apply to the Public Agency and its employees: a. - Sections 21380 - 21387 (1959 Survivor Benefits) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959 Survivor Benefits). b. Sections 21263, 21263.1 and 21263.3 (Post -Retirement Survivor Allowance). C. Section 20930.3 (Military Service Credit-). Statutes of 1974 for those local miscellaneous and those local safety members hired prior to October 1, 1981.. d. Section 20461.6 (Reduction of Benefits), applied to Section 20930.3, Statutes of 1974 (Military Service Credit) for local .miscellaneous and local safety members hired on or after October 1, 1981 and applicable to Section 21252.01 (2% @ 50 Full - formula) for those local fire members members hired on or after October 1, 1981. Q. Section 20024.2 (One -Year Final. Compensation). * * * C O P Y * * * 9. Public Agency, in accordance with Government Code Section 20740, ceased to be an "employer" for purposes of Section 20759 effective on December 16, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter. shallbe held by the Board as provided in Government Code Section 20759. 10. Public Agency shall contribute to said Retirement System as follows: a. With respect to local miscellaneous members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: b. q c . d. (1) 6.569 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to annual change.) With respect to local safety members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 16.717 percent until June 30, 2000 on account of the liability for current service benefits.(Subject to annual change.) A reasonable amount, as fixed by the Board, payable in one in- stallment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. A reasonable amount, as fixed by the Board, payable in one in- stallment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. 11. Contributions required of Public A gency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. * * * C 0 P Y * * * 12. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the 0, 19 BOARD OF ADMINISTRATION (�Z!,- PUBLIC EMPLOYEES' RETIREMW' SYSTEM BY ` ^� CHIEF, CONTRACQ! RVICES DIVISION PUBLIC EMPLO,ES'' RETIREMENT SYSTEM PERS-CON-702 (AMENDMENT) (Rev. 6/88) CITY COUNCIL OF THE CITY OF SANTA ANA p�S� BY Presiding Officer Witness Date Gam,, Al 7 Attest:i Clerk "J' �.4Zcr day of