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HomeMy WebLinkAboutOrd 167310 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. 1673 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, FOURTH LEVEL OF 1959 SURVIVOR BENEFITS, AND MILITARY SERVICE CREDIT FOR LOCAL SAFETY OFFICER EMPLOYEE/MEMBERS (FIRE) 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), fourth level of 1959 survivor benefits (Gov't Code § 21574), and military service credit (Gov't Code § 21024) for local safety officer employees/members (Fire). On October 16, 2001, 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 FD 1; e and the Board of Administration, California 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 an days after its adoption. d on behalf of the City of Burlingame. Section 4. This ordinance shall be published as required by law an d shall take effect thirty I, ANN T. MUSSO, City Clerk ofthe City of Burlingame, do hereby certify _--Ma or r that the foregoing ordinance was introduced at a regular meeting of the City Council held on the 16th day 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 of October, 2001, and adopted thereafter at a regular meeting of the City Council held on the 19th day of November, 2001, by the following vote: AYES: COUNCILMEMBERS: COFFEY, GALLIGAN, JANNEY, O'MAHONY, SPINELLI NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE City Clerk C:\Fll .ES\ORDINANC\calpersemn.pecwpd `a