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Ordinance No. 826 ') 1 ORDINANCE NO. 826 2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF VERNON, AUTHORIZING AN ~ffiNDMENT OF THE CONTRACT BETWEEN THE CITY OF VERNON AND THE 3 BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIRE- MENT SYSTEH. 4 5 THE CITY COUNCIL OF THE CITY OF VERNON DOES ORDAIN AS FOLLOWS: 6 SECTION 1: That an amendment to the Contract between the 7 City Council of the City of Vernon and the Board of Administration, 8 California Public Employees' Retirement System is hereby author- 9 ized, a copy of said amendment being attached hereto marked 10 Exhibit "A", and by such reference made a part hereof as though 11 herein set out in full. 12 SECTION 2: The Mayor of the City of Vernon is hereby 13 authorized, empowered, and directed to execute said amendment for 14 and on behalf of said City of Vernon. 15 16 SECTION 3: This Ordinance shall take effect July 1, 1971. SECTION 4: There being no newspaper printed, published, or 17 circulated in the City of Vernon, the City Clerk is hereby 18 directed to certify to the passage of this Ordinance and shall 19 post the same, or cause the same to be posted, in three of the 20 most public places in the City of Vernon, to wit: The northwest 21 corner of 38th Street and Santa Fe Avenue; the northeast corner 22 of Leonis Boulevard and Pacific Boulevard; and on the bulletin 23 board in the lobby of the City Hall of said City, located at 4305 24 Santa Fe Avenue, all in the City of Vernon, County of Los Angeles, 25 State of California. 26 27 1971. 28 29 ADOPTED and APPROVED this 16th day of March -) / (';I I .' ~/'/ /! ~. :;' d ./'-i~'_~~"'--'-~'-'~Y~ . /0.. URLONG, Mayor .~' , ( 30 ATTEST: ~;Uy Clerk 31 32 1. 1 2 3 STATE OF CALIFORNIA ) ) ss. COUNTY OF LOS ANGELES ) 4 I, F. A. ZIEMER, City Clerk of the City of Vernon, do 5 hereby certify that the foregoing Ordinance, being Ordinance No. 6 826 , was duly and regularly introduced at a regular meeting 7 of the City Council of the City of Vernon, held on March 2. 8 1971 , and thereafter finally adopted at a regular meeting 9 of said City Council held on 10 following vote: March 16, 1971 , by the 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 AYES: Councilmen: Anderson, Furlong, Mai1liard, Malburg, Ybarra NOES: Councilmen: None ABSENT: Councilmen: None ~CitY Clerk 2. 1 2 AFFIDAVIT OF' POSTING 3 STATE OF CALIFORNIA ) ) 4 COUNTY OF LOS ANGELES ) ss. ) 5 CITY OF VERNON ) 6 7 I, F. A. ZIEMER, City Clerk of the City of Vernon, do 8 hereby certify that I did, on the 17th day of March 9 19 71, post three (3) copies of Ordinance No. 826 10 , one in each of the following 11 places, to wit: At the northwest corner of 38th Street and Santa 12 Fe Avenue, at the northeast corner of Leonis Boulevard and Pacific 13 Boulevard, and on the bulletin board in the lobby of the City Hall 14 of the City of Vernon, located at 4305 Santa Fe Avenue, all in 15 said City, there being no newspaper of general circulation printed 16 and published in the City of Vernon. 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 19 71 . Signed this 17th day of March ~y Clerk Subscribed and sworn to before me . -j this7~7dar,Of~~, .19.2!:... \..-"'~f, / h.,..) />;;~ tf-/.t( vV?cz<,'cL / C::::c//dv N~a~y Publ~c in and for the County of Los Angeles, State of California. OFFICIAL SEAL L RICHA.RD BURCH NOTARY PUBLIC-CALIFORNIA LOS ANGELES COUNfY My Commission Expires Mar. 24.1973 4305 Santa Fe Ave.. Vernon, Calif. 90058 SUPPORTING DOCUMENTS EXHIBIT A A:.1E~,rrXIE;JT TO CO'iT~~ACT BET:!EEN -THE BOARD OF AmiI1:ISTRATION PUBLIC Elll)LOYEES' FillTIi?ZNENT SYSTE:1 AI\TD THE CITt COUBCIL OF THE CITY OF VERNON The Board of Administration, Public Employees' Retireme~t System, hereinafter referred to as Board and the CITY CO~r:CIL of the CITY OF V.sJ.lmN, hereinafter referred to as Public As~ncy havinG enter~d into a contract under date of October 23, 1948, effective .;ovcwber 1, 1948, and as amended effective April 1, 1956, October 1, 1960, and July 1, 1966, "ltich provides for participation of Public Agency in said System, Board and ?ublic AGency hereby agree as follows: A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective November 1, 1943, and are hereby replaced by the follo\iing para- graphs n~mbered 1 through 11 inclusive: 1. All words and terms used herein which are defined in the Public 2T~10y- ees' Retirement Law shall have the meaninf!; as defined therein unless othervlise specifically provided. IItJormal retirement af.;o" shall rr,E:an B.";e 60 for rrUscellat:8cut; m'.;1 '.lCrbaLl c:.ge 55 for local s.s.fet.'{ lil,:;ydx:rs. 2. Public Agency shall part:i.cipate in the Public Em:)lo.:recs' Retire:nent System from and after :Jovember 1, 19!-l-G, making; its emplo:jTces as here- inafter provided, me"loers of said system suoject to all provisions of the Public ~m?loyees' lletiremcnt Law except such .asanply only on election of a contr<:.c:.ine as:,ency and are not LJrovided for herein and to all amendments to said Law hereafter enacted except such as by express nrovision thereof apply only on the election of contracting agencies. 3. Emplo~Tees of Public Agency in the following classes sb.all become ,,\em- bers of said Retirement System except such in each such class as are excluded by law or this agreel;lent: a. Local firemen (herein referred to as local safety members); b. Local policemen (herein referred to as local safety members); c. Employees other than loca.l firer.lcn and local policemen (herein referred to as miscellaneous members). . The following employees shall be excluded front membership in said Retirement System: NO ADDITIONAL EXCLUSIQ;lS Het. Form 702-1 4. The fraction of final compc'1sation to be ~)rovirled for, each year of crerlited current service as a jTliscelJ.,"neous mClaber uoon retirement at normal retirement D.,C:C shall be 1/50 and shall be applied as p1'o- vided in Section 21251.13 of said Retirement Law. 5. The fraction of final com?ensation to be provided for each year of credited current service as a local safety member shall be determined in accordance with Section 21252.1 of said Retirement Lm-T. 6. Benefits on account 'of prior service shall be 100% of the fraction of final compensation specified for miscellaneous members in Para- graph 4 above, but computed in accordance with Section 21253 of said Retirement Law, and for local safety members shall be 100% of the fraction established in accordance witri Paragraph. 5. 1. Contributions for miscellaneous and local safety members shall be subject to Sections 20603 and 20602 respectively of said Retirement Law. 8.. The follouine additional provlslons of the Public Employees' Eetire- . ment Law .-Thich aT)ply only upon election of a contracting aGency shall apply to the Public Agency and its employees: a. Section 20024.01 (defining "final compensation" on the basis of a period of three co~secutive years). b. Section 21253.1 (providi:'j;:-~a ;,Llnimum retirement allowance of ;,?1200.00 per year under certain conditions). c. Section 21367.51 (providing a ~500.00 death benefit upon death after retirement). d. Section 20025 (providin~ for inclusion of compensation without linn t in computations where compensation is a factor). e. Section 21365.5 (provirling monthly,allowance in lieu of the basic death benefit for certain survivors of a member who dies in employ- ment after qualifying for voluntary service retirement). f. Section 20952.5 (providing for age 50 as the minim~~ voluntary retirement aEe for local safety rr.embers with benefit pay:r:ents commencing prior to age 55 subject to actuarial discount). g. Section 21380-7 (providi!1g for allowances for survivors of mem- bers covered under the program upon death before retire:ne:1t). h. Section 21251.3 (providing for increases in allowances payable for time co~~encing on April 1, 1956, to persons retired prior to April 1, 1956). i. Section 21251.6 (providing for increases in allowances payable for time cc~~encing on July 1, 1966 to persons retired prior to January 1, 1962). Ret. F'orm 702-2 9. Public Agency shall contribute to said Hetirement System as follo'\ol5: a. \{i th respect to miscellaneous nembers, the public aGency shall contribute the follm-ling 'Percenta~;es of monthly salaries earned as miscellaneous members of said System: (1) 0.130 .percent until June 30, 2001 on account of the liability for prior service benefits. (2) 11.404 percent on account of the liability for current service benefits. b. With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 2.202 percent until October 31, 1973 on account of the liability for prior service benefits. (2) 9.655 percent on account of the liability for current service benefits. c. A reasonable amount per annum, as fixed by Board to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or the periodical investi~ations and valuation required by law, p:r'ovi(led that said amount stlall becli'tcr'T,il1E:d on the bacis of the number of employees of ~~ublic Agency who are re[)Qrted as members on a payroll designated by the System covering one month of each year, or with respect to the first year of participation, on the effective date of said participation. d. A reasonable amount as fixed by the Board, payable in one install- ment as the occasions arise, to cover costs of special valuations on account of em~lJyees of Public Agency, and costs of the neriod- ical investigation and valuation required by law. 10. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of &11endmcnts to the ?ublic Employees I lletirement La,.;, and on account of experience under the Retirement System, as determined by the periodical investigation and valuation ~equired by,said i~tirement Law. 11. Contributions required of Public Agency and its e~)loyees shall be paid by Public Agency to the lietirement System ',.;i thin thirty days after the end of the period to Hhich said contributions refer~ If more or less than the correct amount of contribution is paid for any period, proper adjusunent shall be made in connection with subsequent Ret. Form 102-3 .' ' remittances or adjust:-n~mt on account. of errors in contributions re- quired of a~y employee may be made by direct cash pa;yments between the employee and Beard. Payments by Public AGency to Board may be made in the form of warrants, bank checks, bank drafts, certifi~d checks, money orders, or cash. B. This amendment shall be effective on the . Witness our hands this BOARD OF ADi'IINISTRATION PUBLIC E}l?LOYE~S' RETI~'llitIT SYS~1 BY William ~. Payne, ~xecutive Officer day of ' day of . CITY COUNCIL OF THE CITY OF VERNON BY Presiding Officer Attest,: Clerk Ret. F'orm 102-4