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HomeMy WebLinkAboutOrd 16862 4 Gj 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. 1686 ORDINANCE OF THE CITY OF BURLINGAME AUTHORIZING AMENDMENT TO CONTRACT BETWEEN THE CITY OF BURLINGAME AND THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (CALPERS) TO PROVIDE 3% AT AGE 55 FORMULA AND MILITARY SERVICE CREDIT FOR LOCAL SAFETY OFFICER EMPLOYEE/MEMBERS (POLICE) The City Council of the City of Burlingame ordains as follows: Section 1. Pursuant to the California Government Code and the Contract between the City of Burlingame and the California Public Employees Retirement System (CALPERS), the City wishes to amend its contract to provide for a 3% at age 55 formula (Gov't Code § 21361.1) and military service credit (Gov't Code § 21024) for local safety officer employees/members (Police). On May 6, 2002, the City Council adopted a Resolution of Intention to consider this amendment at a duly noticed public hearing, and notice of that public hearing has been properly provided. Written comments and oral testimony of all interested persons have been considered. Section 2. The Amendment to Contract between the City ofBurlingame and the Board of Administration, Californ ia Public Employees Retirement System is hereby authorized, a copy of this amendment is attached to this ordinance, marked Exhibit, and by such reference is made a part hereof as though herein set out in full. Section 3. The Mayor of the City of Burlingame is hereby authorized, empowered, and directed to execute this amendment for and on behalf of the City of Burlingame. Section 4. This ordinance shall be published as required bylaw days after its adoption. and shall take effect thirty M or I, ANN T. MUSSO, City Clerk ofthe City ofBurlingame, do hereby certifythat the foregoing ordinance was introduced at a regular meeting of the City Council held on the 6th day of May, 2002, an d adopted thereafter at a regular meeting of the City Council held on the 3rd day of June, 2002, by the following vote: 1 2 3 4 5 6 7 8 9 10 11 12 13 14, 15 16 17 18 19 20 21 22 23 24 25 26 27 28 AYES: COUNCILMEMBERS: BAYLOCK, COFFEY, GALLIGAN, JANNEY, O'MAHONY NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None S:AOcdinances�ord1686.ord.wpd Ci Clerk 2