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HomeMy WebLinkAboutOrd 1076,• S � - '.. ORDINANCE N0,_ 1�?5 AN ORDINANCE OF THE CITY COUNCIL of the (Name of Governing Body) CITY Ox �:LIP;,A1� authorizing an (Name of Pubiic iigency) AMErariEuT TO T`:E CONTnACT BETWE"i Ti'G CITY COUNCIL Or' THE CITY OF RURLTD?UnME .(Governing Body) ~� AND 'iilE BOARD OF R:/MINISTRATIOk OF TME CALIFCRN L� PUBLIC El1PLOYEES' RETIREMENT SYSTEM, The City Council of the City of Burlingame (Name of Governing i3ody) (Name of Public Agency) does ordain as follows: SECTION I, Thac an amendment to the Contract between the _ City Council (Name of of the _ City of surlinaame and the Board of Governing Body) (Nar:.e of Public Agency) ,�. Administration, Caiifornia Public Employees' Retirement System is hereby authorized,`' a, copy of said amendment being attached hereto, marked "Exhibit A",.and'by such refer-.-' ecce made a -part hereof as though herein set out in full, Sf~CTtON 2. The Mawr of the (7itle of Presiding Officer) r;+v rr,,,,,,-; i is hereby authorized, empowered, and directed to (Name o. Gover ii ng Bc'y) execute said amendment for and on behalf of said Agency. SECTION �, This Ordinance shall take effect �Q_ days after the date of its adoption, and prior to the expiration of �n days from the passage thereof shall be published at least __ +,.,; � in the no„+;R„� c ��i; i �P,- , (Name of Newspaper) a newspaper of general circulation, published and circulated in the city of (Name of R „r�y,*yaamP and thenceforth and thereafter the same Public Agency) shy=ll be in full force and effect, � _ Adopted .and approved this 6th day of July i9_�. Attest: Clerk PERS-ACT-Ii (Ar„�e,drer,t) (9/71) i rr , ` fsW..c_+a.�,� (Pr iding Officer DATE:July 7, 1976 Board of Administration Public Employees' Retirement System P.O. Box 1953 Sacramento, California 95809 I hereby certify: That the Ci tv Cg4nCi 1 of the City of Burlingame adopted on July 6,.1976 by an affirmative vote of a maJority of the members of said governing body, ordinance No, 1076 approving the attached Amendment between the governing body of said Agency and the Board of Administration of the Public Employees' Retirement System, a certified copy of said Amendment in the form furnished by said Board of Administration being attached hereto, clerk or Secr ary City of Burlingame Name of Agency PERS-ACT-S (1/74) AMENDMENT TO CONTRACT BET4YEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY CCi7NCIL OF THE CITY OF BURLINGAME The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board and the CITY COUNCIL of the CITY OF BURLINGAME, hereinafter referred to as Public Agency, having entered into a contract under date of July 6, 1942, effective July 1, 1942, and as amended effective February 1, 1954, July 1, 19567 April 11 1963, March 11 1964, April 11 1965, March 16, 1967, November 1, 19689 September 1, 1970, April 1, 1973, May 11 1974, November 1, 1974, February 20, 19759 March 16, 1975, and July 1, 1976, and as provided by Chapters 170 and 316, Statutes of 1971, which provide for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The Pollawing subparagraph shall be added to Paragraph 5 of said contract: 5• (f) Section 21222.6 oP the Government Code (providing for 15� increases in allowances payable for time commencing on the first day of the calendar month coinciding with or next following the effective date of this amendment or on account of certain miscellaneous members retired or deceased prior to July 1, 1971). B. Paragraph 6 (a) shall be stricken from said contract and the following Paragraph 6 a) shall be substituted therefor. 6. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellan eous members, the public agency shall contribute the Pollouving percentages of monthly salaries earned as miscellaneous members of said System: (1) 0.72 percent until June 30, 1980 on account of the liability for prior service benefits. (2) 9.01 percent on account of the liability for current service benefits. Ret. Form 702=1 (3) 0.24 percent until October 31, 1984 to provide the benefits shall become under Section 21222.1 and 21222.2 of the Government Code. (4) 0.11 percent on account of the liability for the 1959 survivor program. C. This amendment shall be attached to said contract anal shall become effec- tive on the Sixteenth day of August, 1976 Witness our hands this 6th day of July, 1976 BOARD OF AD2rLTslISTRATION PUBLIC EMPLOYEESI RETIREbMTT SYSTEM BY Carl J. Blechinger, Executive Officer CITY COUNCIL OF THE CITY OF BURLINGAME Presidi ficer Mayor Pro Tempore Attest: Jerk Ret, Form 702-2