HomeMy WebLinkAboutOrd 1567ORDINANCE NO. 1567
ORDINANCE OF THE CITY OF BURLINGAMEAUTHORIZING AN AMENDMENT
TO THE CONTRACT BETWEEN THE CITY OF BURLINGAME AND THE BOARD
OF ADMINISTRATION OF
THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
The CITY
COUNCIL of the
CITY OF BURLINGAME does hereby ordain as
follows:
Section 1.
An amendment to
the contract between the City of Burlingame and
the
Board of Administration, California Public Employees' Retirement System is hereby
authorized, a copy of said amendment being attached hereto as Exhibit A, and by such
reference made a part hereof as though herein set out in full.
i n 2. The Mayor of the City of Burlingame is hereby authorized, empowered,
and directed to execute said amendment for and on behalf of the City.
Section 5. This ordinance shall be published in accordance with law and shall take
effect thirty (30) days after the date of its adoption.
®�
Mayor
I, Judith A. Malfatti, City Clerk of the City of Burlingame, do hereby certify that the
foregoing Ordinan
ce was introduced at a meeting of the City Council of the City of
Burlingame on _March 19 , 1997, and the Ordinance was duly adopted at a regular meeting
of the City Council on APRIL 23 199 7, by the following vote:
AYES: COUNCILMEMBERS: HARRISON, JANNEY, KNIGHT, O'MAHONY, SPINELLI
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
C:\WP51 \PILPS\PERSAMN.ORD
AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF BURLINGAME
The Boazd 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, 1942, and witnessed July 6, 1942, and as amended
effective July 1, 1954, July 1, 1956, April 1, 1963, March 1, 1964, April 1, 1965, March 16,
1967, November 1, 1968, September 1, 1970, April 1, 1973, May 1, 1974, November 1, 1974,
February 20, 1975, March 16, 1975, July 1, 1976, August 16, 1976, May 1, 1979, December 1,
1985, December 1, 1987, December 6, 1989 and November 15, 1990 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
November 15, 1990, 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 55 for local
miscellaneous members and age 50 for local safety members.
2. Public Agency shall participate in the Public Employees' Retirement System from
and after July 1, 1942 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 contracting
agency.
3. Employees of Public Agency in the following classes shall become members of
said Retirement System except such in each such class as aze 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:
a. PLAYGROUND LEADERS WHO ARE PAID ON AN HOURLY
BASIS, POLICE CADETS AND LIBRARY PAGES HIRED ON OR
AFTER MARCH 16,1967; AND
b. FIRE CADETS AND CROSSING GUARDS HIRED ON OR AFTER
MAY 11 1974o
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 21354 of said Retirement Law (2% at age 55 Full).
6. The percentage of final
compensation
to be provided for each yeaz of credited
prior and current service
as a local
safety member shall be
determined in
accordance with Section
21362 of said Retirement Law (2% at age
50 Full),
7. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 21573 (Third Level of 1959 Survivor Benefits).
b. Section 20425 ("Local Police Officer" shall include employees of a police
department who were employed to perform identification or
communication duties on August 4, 1972 and who elected to be local
safety members).
c. Section 21222.1 (Special 5% Increase -1970). Legislation repealed said
Section effective January 1, 1980.
d. Section 21222.2 (Special 5% Increase -1971). Legislation repealed said
Section effective January 1, 1980.
e. Sections 21624, 21626 and 21628 (Post -Retirement Survivor Allowan
ce).
f. Section 21319 (Special 15% Increase
for Local Miscellaneous Members).
g. Section 20690, Statutes of 1978, (Reduction of Normal Member
Contribution Rate). From May 1, 1979 and until December 1, 1985, the
normal local miscellaneous member contribution rate shall be 3.5% and
local safety member contribution rate shall be 4.5%. Legislation repealed
said Section effective September 29, 1980.
h. Section 20690, Statutes of 1980, (To Prospectively Revoke Section 20690,
Statutes of 1978).
i. Section 20042 (One -Year Final Compensation).
8. Public Agency, in accordance with Government Code Section 20790, ceased to be
an "employer" for purposes of Section 20834 effective on August 16, 1976.
Accumulated contributions of Public Agency shall be fixed and determined as
provided in Government Code Section 20834, and accumulated contributions
thereafter shall be held by the Board as provided in Government Code Section
20834.
9. Public Agency shall contribute to said Retirement System the contributions
determined by actuarial valuations of prior and future service liability with respect
to local miscellaneous members and local safety members of said Retirement
System,
10. Public Agency shall also contribute to said Retirement System as follows:
a. Public Agency shall contribute $1.50 per member, per month on account
of the liability for the 1959 Survivor Benefits provided under Section
21573 of said Retirement Law. (Subject to annual change.) In addition,
all assets and liabilities of Public Agency and its employees shall be
pooled in a single account, based on term insurance rates, for survivors of
all local miscellaneous members and local safety members.
b. A reasonable amount, as fixed by the Board, payable in one installment
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.
c. A reasonable amount, as fixed by the Boazd, payable in one installment 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 26th day of May , 1997
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE
CITY OF BURLINGAME
BY BY /C.e..G:. %'i1'a' %%�tr,ns
KENNETH W. MARZION, CHIEF PRESIDING OFFICER �—
ACTUARIAL &EMPLOYER SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Grp-�,P �3 . / X97
Witness ate
�' /�.� Via/ V
AMENDMENT
PERS-CON-702A (Rev. 8\96)