Ordinance No. 10871 ORDINANCE NO. 1087
2
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
3 VERNON APPROVING AND AUTHORIZING AN AMENDMENT TO THE
4 CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY
5 COUNCIL OF THE CITY OF VERNON AND DECLARING THAT
SAID ORDINANCE SHALL TAKE EFFECT IMMEDIATELY
6
.7 WHEREAS, the Public Employees' Retirement Law permits the
8 participation of public agencies and their employees in the Public
9 Employees` Retirement System (PERS) by the execution of a contract, and
10 sets forth the procedure by which public agencies may elect to subject
11 themselves and their employees to amendments to said Law; and
12 WHEREAS, the PERS Board of Administration and the City of
13 Vernon entered into a contract dated October 23, 1948 (the "Contract"),
14 effective November 1, 1948, which provides for participation of the City
15 of Vernon and its employees in the PERS, and have made amendments to the
16 Contract effective April 1, 1956, October 1, 1960, July 1, 1966, October
17 1, 1972, May 1, 1974, November 1, 1975, December 1, 1976, March 1, 1979,
18 July 6, 1986, October 17, 1986, September 7, 1990, January 19, 1991,
19 September 21, 1991, December 24, 1993, October 30, 1994 and July 18,
20 1997; and
21 WHEREAS, on June 20, 2001, the City Council adopted
22 Resolution No. 7785 declaring its intention to approve an amendment to
23 the Contract to increase the retirement payout benefits to the entire
24 Safety Department, Police and Fire; and
25 WHEREAS, the City intended to adopt an ordinance amending
26 the Contract by June 30, 2002; and
27 WHEREAS, in accordance with Section 3A of the Fifth Side
28 Letter Agreement with the Vernon Police Officers' Benefit Association
1 ("VPOBA") effective September 1, 2001, the City agreed to take all
2 steps necessary to amend the retirement benefits of Group 2 employees
3 on or before July 1, 2002; and
4 WHEREAS, the City and the Vernon Fire Department have been
5 unable to reach an agreement about various benefit matters; and
6 WHEREAS, the City recently requested a new actuarial cost
7 report and contract amendment implementation schedule for police
8 members only to comply with the terms and conditions of the Fifth Side
9 Letter Agreement with the VPOBA; and
10 WHEREAS, the City Council of the City of Vernon adopte
11 Resolution No. 7978, on June 5, 2002, which declared its intention t
12 approve an amendment to the Contract; and
13 WHEREAS, Government Code Section 20471 provides that
14 approval of the Contract shall be by ordinance not less than 20 days
15 after adoption of the resolution of intention; and
16 WHEREAS, the City Council of the City of Vernon wishes to
17 amend the Contract to provide benefits under Government Code Section
18 21362.2, which provides 30 of pay at age 50 (3o at 50 Full formula) for
19 local police members only; and
20 WHEREAS, Chapters 4.3(e) and 4.4 of the Charter of the City
21 of Vernon provide that an ordinance declared by the City Council to be
22 necessary as an emergency measure for the immediate preservation of
23 the public peace, health, or safety, and containing a statement of the
24 reasons for its urgency, may be adopted in the manner provided in said
25 Charter, except that such emergency ordinance may be introduced and
26 adopted at one in the same regular or special meeting, and shall take
27 effect immediately; and
28 WHEREAS, there is an urgency in adopting this ordinance in
1 order to meet an accelerated time schedule to approve a contract
2 amendment by July 1, 2002, for the immediate preservation of the
3 public peace, health, safety, comfort, convenience and general welfare
4 of the City of Vernon and its inhabitants, employees and businesses.
5 THE CITY COUNCIL OF THE CITY OF VERNON HEREBY ORDAINS:
6 SECTION 1: The "Amendment to Contract Between the Board of
7 Administration of the Public Employees' Retirement System and the City
8 Council of the City of Vernon" is hereby approved and authorized, a copy
9 of said amendment being attached hereto, marked "Exhibit," and made a
10 part hereof by reference.
11 SECTION 2: The Mayor and the City Clerk are hereby
12 authorized to execute said Amendment for, and on behalf of, the City
13 Council of the City of Vernon.
14 SECTION 3: This ordinance is declared to be urgently
15 required for the immediate preservation of the public peace, health,
16 safety, comfort, convenience and general welfare of the City of Vernon
17 and its inhabitants, and shall take effect immediately upon its
18 adoption. The following is a statement of the facts necessitating the
19 urgency:
20 a. There is a current and immediate threat to the public
21 health, safety and welfare arising from potential litigation and its
22 expense if the PERS contract amendment is not effective prior to
23 July 1, 2002.
24 b. Absent immediate correction, the City would be unable
25 to meet the accelerated time schedule to approve an amended.contract,
26 thereby detrimentally affecting the lives and quality of life of
27 residents, businesses and employees.
28 SECTION 4: There being no newspaper printed, published or
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circulated in the City of Vernon, the City Clerk is hereby directed to
certify to the passage of this ordinance and shall post the same, or
cause the same to be posted, within fifteen (15) days after its passage
in accordance with Section 36933 of the Government Code, in three (3) of
the most public places in the City of Vernon, to wit: the northwest
corner of 38th Street and Santa Fe Avenue, the northeast corner of
Leonis Boulevard and Pacific Boulevard, and on the bulletin board in the
lobby of the City Hall of said City, located at 4305 Santa Fe Avenue,
all in the City of Vernon, County of Los Angeles, State of California.
SECTION 5: This Ordinance shall take effect immediately
upon adoption.
APPROVED AND ADOPTED this 26th day of June, 2002.
ATTEST:
BRUCE V. MALKENHORST, City Clerk
EONIS C. MALBtTRG, Ma or
- 4 -
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STATE OF CALIFORNIA )
) ss
COUNTY OF LOS ANGELES )
I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do
hereby certify that the foregoing Ordinance, being Ordinance No. 1087,
was duly and regularly introduced at an adjourned regular meeting of the
City Council of the City of Vernon, held on Wednesday, June 26, 2002,
and thereafter was duly signed by the Mayor of the City of Vernon, by
the following vote:
(SEAL)
AYES:
NOES:
ABSTAINED:
ABSENT:
Councilmen:Malburg, Ybarra, Gonzales, and
McCormick
Councilmen: None
Councilmen: None
Councilmen: Davis
BRUCE V. MALKENHORST, City C erk
- 5 -
Ca1PERS
California
Public Employees' Retirement System
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Vernon
EXHIBIT
The Board of Administration, California Public Employees' Retirement System, hereinafter
referred to as Board, and the governing body of the above public agency, hereinafter referred
to as Public Agency, having entered into a contract effective November 1, 1948, and
witnessed October 23, 1948, and as amended effective April 1, 1956, October 1, 1960, July
1, 1966, October 1, 1972, May 1, 1974, November 1, 1975, December 1, 1976, March 1,
1979, July6, 1986, October 17, 1986, September 7, 1990, January 19, 1991, September 21,
1991, December 24, 1993, October 30, 1994 and July 18, 1997 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
July 18, 1997, and hereby replaced by the following paragraphs numbered 1 through
13 inclusive:
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 November 1, 1948 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.
FLEASE DO NOT SIGN "EXHIBIT ONLY"
3. Employees of Public Agency in the following classes shall become members of
said Retirement System except such in each such class as are 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:
NO ADDITIONAL EXCLUSIONS
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 year of credited
prior and current service as a local fire member shall be determined in
accordance with Section 21362 of said Retirement Law (2% at age 50 Full).
7. The percentage of final compensation to be provided for each year of credited
prior and current service as a local police member shall be determined in
accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full).
8. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 21571 (Basic Level of 1959 Survivor Benefits) for local police
members only.
b. Sections 21624, 21626 and 21628 (Post -Retirement Survivor
Allowance).
C. Section 21024 (Military Service Credit as Public Service), Statutes of
1974.
d. Section 20042 (One -Year Final Compensation).
PLEASE DO NOT SIGN "EXHIBIT ONLY"
e. Section 21573 (Third Level of 1959 Survivor Benefits) for local
miscellaneous members and local fire members only.
f. Section 21548 (Pre -Retirement Optional Settlement 2 Death Benefit) for
local miscellaneous members and local fire members only.
9. Public Agency, in accordance with Government Code Section 20790, ceased to
be an "employer" for purposes of Section 20834 effective on November 1, 1975.
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.
10. 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.
11. Public Agency shall also contribute to said Retirement System as follows:
a. Contributions required per covered member on account of 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 fire 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 Board, 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.
12. 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.
13. 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 shalleffective on the _
BOARD OF ADMINISTRATAQ
PUBLIC EMPLOYEES' REEMENT SYSTEM
BY
KENNETH W. MARZIO CHIEF
ACTUARIAL & EMPL R SERVICES DIVISION
PUBLIC EMPLOYEEETIREMENT SYSTEM
44)
Q
AMENDMENT
PERS-CON-702A (Rev. 8\96)
day of -4
CITY COUNCIL
CITY OF VERNON
BY
PRESIDING OFFIC�
O
Witness Date O
Attest: C(�
44)
_, 4
Clerk
CITY COUNCIL
LEONIS C. MALBURG
Mayor
THOMAS A. YBARRA
Mayor Pro—Tem
WM. "BILL" DAVIS
Councilman
H. "LARRY" GONZALES
Councilman
W. MICHAEL MCCORMICK
Councilman
BRUCE V. MALKENHORST
City Administrator/City Clerk
FAX (323) 826-1438
City Council
City of Vernon
Honorable Members:
EDUARDO OLIVO
City Attorney
FAX: (562) 869-1883
KEVIN WILSON
Director of Community Services & Water
FAX: (323) 826-1435
KENNETH J. DeDARIO
Director of Municipal Utilities
FAX: (323) 826-1425
STEVEN E. PARKER
Fire Chief
FAX: (323) 826-1407
CITY HALL BRUCE W. OLSON
4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058 Police Chief
TELEPHONE (323) 583-8811 FAX: (323) 826-1481 7/\
`Vv
June 20, 2002 `0� �.
G"1>9 v
On June 5, 2002, the City Council approved Resolution No. 7978
recommending that the City provide additional retirement benefits (3%
@ 50 Full Formula) to the Police Department's Sworn Personnel and
amend the contract with Ca1PERS. At this time it is necessary that
Ordinance No. 1087 be adopted, approving and authorizing an amendment
to the contract between the Board of Administration of the Public
Employees' Retirement System.
This has been reviewed by the City Attorney and it is hereby
recommended that Ordinance No. 1087 be approved and adopted.
Very truly yours,
$�� V, W-,&4
r�
Bruce V. Malkenhorst�%
City Administrator/City Clerk
BVM/gm
IFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
yXctuadai and Employer Services Division
Contract Maintenance Unit
P.O. Box 942709
Sacramento, CA 94229-2709
(916) 326-3420 FAX (916) 326-3005
SCHEDULE OF AGENCY ACTIONS
FOR PLANNING YOUR AMENDMENT TO CONTRACT
CalPERS will prepare the documents necessary to amend your contract and provide
them to you within 30 days of receipt of an amendment to contract request in our
office. Of course, if needed, the contracting agency must have a current
Amendment Cost Analysis before requesting the amendment to contract.
1.,5'-9/"6%ENTER A DATE THAT IS 30 DAYS FROM THE DATE YOU EXPECT CaIPERS
TO RECEIVE THE CONTRACT AMENDMENT REQUEST FORM YOU
SUBMIT-TED OR WILL BE SUBMITTING. This is the date you may expect to
receive the documents from CaIPERS that you will need to amend the Contract.
2 " D OkENTER THE DATE THE GOVERNING BODY WILL ADOPT THE RESOLUTION
OF INTENTION DOCUMENT. Allow the necessary time after the date you expect
to receive the needed documents from CaIPERS (#1 above) to include adoption of
the Resolution of Intention on the Governing Body's meeting agenda. The first
reading of the Ordinance may be held on the same day the Resolution of Intention
is adopted.
3. NeV
1z_,6 P't-
612-7 4(
ENTER THE DATE THE EMPLOYEE ELECTION WILL BE HELD. An employee
election is required only if the employee contribution rate will change. If
required, this date may be as early as the day after the date the Governing Body
adopts the Resolution of Intention (#2 above) and must be prior to the Adoption
of the Ordinance (#4 below).
ENTER THE DATE THE GOVERNING BODY WILL ADOPT THE ORDINANCE.
This date must be at least 20 days after the date the Governing Body adopts the
Resolution of Intention (#2 above).
5.(0 _07926LENTER THE EFFECTIVE DATE OF THE ORDINANCE. This date is usually 30
days after the date the Governing Body adopts the final ordinance (#4 above)
unless an Urgency Ordinance is adopted which establishes an earlier Ordinance
effective date.
6. '7L/-P ENTER THE EFFECTIVE DATE OF THE AMENDMENT TO CONTRACT. If there
is no change in the employee or the employer contribution rates this date may be as
early as the day after the effective date of the Ordinance. (#5 above). If there is a
change in the employee and/or the employer contribution rates, this date must be
the first day of a payroll period and may not be earlier than the clay after the
ffeptive date of #ie Ordinance / (date #5). t o -7�� �
�pLt2
THIS FORM 1 BEING PROVIDED TO'YO AN EMPLOYER S L -SERVICE TOOL FOR PROPERLY
PLANNING AND SCHEDULING THE AGENCY ACTIONS TO AMEND THE CONTRACT WITH CaIPERS.
CAREFULLY FOLLOWING THE GUIDELINES IN THIS FORM CAN PREVENT THE NEED TO RESCIND
ACTIONS TAKEN BY THE GOVERNING BODY OF YOUR AGENCY AND REPEATING THE PROCESS
AS WELL AS AVOIDING UNNECESSARY DELAYS IN THE AMENDMENT EFFECTIVE DATE. THE
FORM 1S FOR YOUR USE ONLY AND NEED NOT BE RETURNED TO CaIPERS. PLEASE CALL THE
CONTRACTS MAINTENANCE UNIT IF YOU HAVE QUESTIONS.
Cities and Counties Schedule of Agency Actions (Eff. 411102)
10
City Council
City of Vernon
Honorable Members:
May 28, 2002
Transmitted herewith is the Actuarial Valuation Report prepared for
the City of Vernon dated May 2, 2002, from CalPERS and an Amendment to
the Contract. A copy of this Report is available for review by the
general public.
At this time it is recommended that the City provide additional
retirement benefits (3% @ 50 Full Formula) to the Police Department's
Sworn Personnel. In order to do so we must amend our contract with
Ca1PERS. The change in the present value of benefits if we proceed
with the amendment is $4,057,512.00. The present value of future
employer and employee contributions is $7,571,009.00.
It is hereby recommended that the Actuarial Valuation Report be
accepted and that approval be granted to proceed with a Notice of
Intent which will enable us to proceed with required necessary action.
Very truly yours,
Bruce V. Malkenhorst
City Administrator/City Clerk
BVM/gm
JUL-01-2002 MON 04:50 PM OLIVO & PLASCENCIA FAX NO. 562 869 1883 P. 01
N p ..
Actuarial & Employer Services Division ' « ytq
P-0. Box 942709 ���
Sacramento, CA 94229-2709
Telecommunications Device for &6) 326-3240
{91 326.3420 r- (916) � ED G 2
JJN 24 A10 :24
200 - 0. Y l VERNON
RISK H9NI,�MEN 7 Employer Code #020) "
�. Joan Fr • ncone
isk Manager/versonh
City of Veyrrio►
4305 Santa F Avonue
Vernon, CA 90058
Dear Ms.
Post-W Fax Note 7671
r,�a�c
°� ►
Froi _
Co.
Godl.lopl
Phone k_' �_
,hone H -
We have received the Resolution of Intention to amend your CalPERS contract to
provide Section 21362.2 (3% (P 50 Full formula) for local police members only.
Fnclosed are the followingdocuments
uments necessary to complete the proposed
amendment:
1. Amendment to Contract.
2. Certification of Final Action of - Governing Body (Form .CON 5).
Your agency adopted the Resolution of Intention on June 5, 2002, therefore, the earliest
data the: final Ordinance may be adopted is June 25, 2002, pursuant to Government
Code Section 20471. THERE ARE NO EXCEPTIONS TO THIS LAW.
The effective date of this amendment cannot be earlier than the first day of a payroll
period following the effective date of the Ordinance. Please insert the effective date on
the last page of the Amendment to Contract.
The following documents must be returned to this office. ORIGINAL SIGNATURES
AIRE REQUIRED ON ALL DOCUMENTS.
1. Amendment to Contract, two original executed sets.
2. Ordinance, original or certified copy.
3, Certification of Final Action Governing Body (CON-5), original.
N
l�#
Pleaso notify your personnel/payroll staff, as of the effective date of the amendment to
the contract: (For assistance in payroll reporting, contact our Employer Education Unit
at OiWj'�2-613420.)
California Public Employees' Retirement System
Lincoln Plaza - 400 P Street - Sacramento, CA 95814
27 FAX 323 581 7924
CITY OF VERNON
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715628691883
CITY ATTORNEY
07/02 08:27
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OK
CITY OF VERNON
4305 SANTA FE AVENUE
VERNON, CALIFORNIA 90058
Phone# (323) 583-8811
Fax# (323) 826-1438
TnWE: 6130-1 a, -vet
Number of Pages including this page is
If you do not receive all pages please call b5t_ at (323) 583-8811 ext �/ 1.
CITY COUNCIL
LEONIS C. MALBURG
Mayor
THOMAS A. YBARRA
Mayor Pro -Tern
WM. 'BILL" DAVIS
Councilman
H. "LARRY" GONZALES
Councilman
W. MICHAEL MCCORMICK
Councilman
BRUCE V. MALKENHORST
City Administrator/City Clerk
FAX (323) 826-1438
CITY HALL
4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058
TELEPHONE (323) 583-8811
July 2, 2002
CalPERS
Actuarial & Employer Services Division
Attn: Barbara Patterson
P.O. Box 942709
Sacramento, CA 94229-2709
Re: Amendment to Contract
Dear Ms. Barbara Patterson:
EDUARDO OLIVO
City Attorney
FAX: (562) 869-1883
KEVIN WILSON
Director of Community Services & Water
FAX: (323) 826-1435
KENNETH J. DeDARIO
Director of Municipal Utilities
FAX: (323) 826-1425
STEVEN E. PARKER
Fire Chief
FAX: (323) 826-1407
BRUCE W. OLSON
Police Chief
FAX: (323) 826-1481
Transmitted herewith are the two original executed sets of the
Amendment to Contract between the Board of Administration California
Public Employees' Retirement System and the City of Vernon approved by
the Vernon City Council on June 26, 2002. Upon complete execution of
such amendment, please forward a fully executed original copy to the
attention of the undersigned.
If you have any questions regarding this matter, please call Mr. Eric
Fresch at 323/583-8811 ext. 175.
Very truly yours,
CITY OF VERNON
11IG d'. is J. Or co
Chief Deputy City Clerk
UUM
CC: Eric Fresch
Joan Francone
Ordinance File No. 1087
Agreement File No. 02-038
PERS Agreement File
CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES)§
CITY OF VERNON )
I, Gloria J. Orosco, Chief Deputy City Clerk of the City of
Vernon, County of Los Angeles, State of California, do hereby
certify that the attached is a true and correct copy of:
Ordinance No. 1087 - An Ordinance of the City Council of
the City of Vernon Approving and Authorizing an Amendement
to the Contract Between the Board of Administration of the
Public Employees' Retirement System and the City Council of
the City of Vernon and Declaring that Said Ordinance Shall
Take Effect Immediately.
The original of said record has been retained in the
offices of the City Clerk of the City of Vernon, said offices
being in the City of Vernon, County of Los Angeles, State of
California.
IN WITNESS HEREOF, I have hereunto set my hand and affixed
the Official Seal of the City f Vernon, County of Los Angeles,
State of California, this 61�( day of July 2002.
SEAL:
'Gloria J. O osco
Chief Deputy City Clerk
Ca1PERS
Actuarial & Employer Services Division
PO Box 942709
Sacramento, CA 94229-2709
Telecommunications Device for the Deaf - (916) 326-3240
(916) 326-3420 FAX (916) 326-3005
July 29, 2002
Ms. Joan Francone
Risk Manager/Personnel Assistant
City of Vernon
4305 Santa Fe Avenue
Vernon, CA 90058
Dear Ms. Francone:
Employer Code #0209
Reply to Section 105
The contract amendment has been executed by CalPERS. The effective date of the
contract amendment is June 30, 2002.
If you have any questions regarding your contract, please do not hesitate to contact,
Barbara Patterson at (916) 326-3616.
Sincerely,
Public Agency Contract Services
BP:jm
Enclosure
C0308 (Rev. 9/99) n
California Public Employees' Retirement System
Lincoln Plaza - 400 P Street - Sacramento, CA 95814
CAPERS
California
Public Employees' Retirement System
AMENDMENT Tf()CONTRACT
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Vernon
The Board of Administration, California Public Employees' Retirement System, hereinafter
referred to as Board, and the governing body of the -above public agency, hereinafter referred
to as Public Agency, having entered into a contract effective November 1, 1948, and
witnessed October 23, 1948, and as amended effective April 1, 1956, October 1, 1960, July
1, 1966, October 1, 1972, May 1, 1974, November 1, 1975, December 1, 1976, March 1,
1979, July 6, 1986,' October 17, 1986, September 7, 1990, January 19, 1991, September 21,
1991, December 24, 1993, October 30, 1994 and July 18, 1997 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
July 18, 1997, and hereby replacedby the following paragraphs numbered 1 through
13 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 November 1, 1948 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.
I
,s
3.
Emyies of Public Agency in the following classes shall becomes members of
- said Retirement -System except such in each such class as are exuded by law
or this agreement:
a. Local Fire Fighters. (herein referred`to as local safety members);
b. Local Polite Officers (herein referred to as local safety members);
C. Employees other than local safety members. (herein referred to as looal .,
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:
NO ADDITIONAL EXCLUSIONS
5.
The percentage of final compensation to be provided. for each year of 4redited
'a
prior and current service aslocal miscellaneous member shall be determined
in accordance withiSection 21354 of said Retirement Law (2% at age 55 Full).
6.
The percentage of final compensation to be provided for each year of credited
prior and current serviceas a local fire member shall be determined in
accordance with Section 21362 of said Retirement Law 2% at age 50 Full).
T:
The percentage of final compensation to be provided for each year of credited
prior and current service as a local police member shall ' be determined in
accordance with Section 21362.2 of said Retirement Law (3% at 50 Fu ''
8.
Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 21571 (Basic Level of 1959 Survivor Benefits) for local police
members only.
b. Sections 21624, 21626 and 21628 (Post -Retirement Survivor
Allowance).
C. Section 21024 (Military Service Credit as Public Service), Statutes of
1974.
d. Section 20042 (One -Year Final Compensation).
F'
s
_
e. Section 21573 (Third Level * of 1959 Survivor Benefits) for local
miscellaneous members and local fire members only.
f. Section 21548 (Pre -Retirement Optional Settlement 2 Death Benefit) for
local miscellaneous members and local fire members only.
9. Public Agency, in accordance with Government Code Section 20790, ceased to
be an "employer" for purposes of Section 20834 effective on November 1, 1975.
Accumulated contributions of Public Agency shall be fixed and determined as
provided in AGovernment Code Section 20834, and accumulated Contributions
thereafter, shall be held by the Board as provided in Government Code Section
20834.
10. 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.
11. Public Agency shall also contribute to said Retirement System as follows:
a. Contributions required per covered member on account of the 1959
Survivor Benefits provided under Section 21573 of said Retirement taw.
(Subject to annual change.) In addition, all assets and Iiabdities of Public
Agency and its employees shall be pooled in a single account, based on
term insirirance rates, for survivors of all local miscellaneous members
and local fire 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 Board, 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.
12. 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 periodicinvestigation and valuation required by
said Retirement Law.
13. Contributions required of Public Agency and Its employees shall.: be paid by
Public Agenc-y-,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.
304A
Ri, This amendment shall'be effective on the day of 2002
h
a.
WARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF VERNON
BY BY_
s
KE E MA62 I ,CHIEF E DI G OFFICER . NIS ,%,. MALBURG, Mayor
ACT RIA & EMPLOYER SERVI B. DIVISION
4 PUBLIC PLOYEES' RETIREMENT SYSTEM
Witne s Date
Attest:
Clerk BRUCE V. MALKENHORST, City Clerk
APPROVED AS TO FORM:
EDUARDO OLIVO, Cit to] #ey
f
AMENDMENT
PERS-CON-702A (Rev. 8\96)
DATE:
TO:
FROM:
RE:
CITY ADMINISTRATOR/CITY CLERK'S
INTER -OFFICE MEMORANDUM
August 21, 2002
Joan Francone, Risk Manager/Personnel Assistant
Nelly Giron
Assistant to the Chief Deputy City Clerk
Ordinance No. 1087
Transmitted herewith is a copy of Ordinance No. 1087 approving and
authorizing an amendment to the contract between the Board of
Administration of the Public Employees' Retirement System and the City
Council of the City of Vernon and declaring that said ordinance shall
take effect immediately, approved on June 26, 2002.
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