HomeMy WebLinkAboutReso - CC - 025-1976RESOLUTION NO. 25-76
RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF BURLINGAME
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 required 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 amend-
ment to said contract, which resolution shall contain a summary
of the changes proposed in said contract; and
WHEREAS, the purpose of the proposed amendment is to change the benefits,
retirement age and contributions for local safety members from
those provided under and with respect to Section 21252.1 to
those provided under and with respect to Section 21252.01 of
the Government Code.
WHEREAS, attached is a summary of the major provisions of the plan as
proposed to be amended.
NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF
BURLINGAME gives, and it does hereby give, notice of intention
to approve an amendment to contract between said CITY COUNCIL
and the Board of Administration of the Public Employees' Retirement
System, a copy of said amendment and a summary of the major pro-
visions of the proposed changes being attached hereto, marked
Exhibits "A" and "B" and by this reference made a part hereof.
March 1, 1976
(Date adopted and approved
CITY COUNCIL
OF THE
CITY OF BURLINGAME
Charles F. �1'm
City Manager
Title
Ret. Form 122