Ordinance No. 11321
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ORDINANCE NO. 1132
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
VERNON APPROVING AND AUTHORIZING AN AMENDMENT TO THE
CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF
VERNON AND THE BOARD OF ADMINISTRATION OF THE PUBLIC
EMPLOYEES' RETIREMENT SYSTEM
WHEREAS, the Public Employees' Retirement Law permits the
participation of public agencies and their employees in the Public
Employees' Retirement System (PERS) by the execution of a contract, and
sets forth the procedure by which public agencies may elect to subject
themselves and their employees to amendments to said Law; and
WHEREAS, the PERS Board of Administration and the City of
Vernon entered into a contract effective November 1, 1948, and witnessed
October 23, 1948 (the "Contract"), which provides for participation of
the City of Vernon and its employees in the PERS, and have made
amendments to the Contract 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, July 18, 1997, June 30, 2002, February 6, 2005
and February 3, 2007; and
WHEREAS, on March 19, 2007, the City Council adopted
Resolution No. 9269 declaring its intention to approve an amendment to
the Contract to provide Section 21362.2 (3% @ 50 Full Formula) for
local fire members; and
WHEREAS, Government Code Section 20471 provides that
approval of the Contract shall be by ordinance adopted not less than
20 days after adoption of the resolution of intention; and
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WHEREAS, the City Council of the City of Vernon wishes to
amend the Contract to provide benefits under Government Code Section
21362.2 (30 @ 50 Full Formula) for local fire members.
THE CITY COUNCIL OF THE CITY OF VERNON HEREBY ORDAINS:
SECTION 1: An amendment to the Contract between the City
Council of the City of Vernon and the Board of Administration,
California Public Employees' Retirement System is hereby approved and
authorized, a copy of said amendment being attached hereto, marked
Exhibit, and by such reference made a part hereof as though herein set
out in full.
SECTION 2: The Mayor or Mayor Pro-Tem of the City Council is
hereby authorized, empowered, and directed to execute said amendment
for, and on behalf of, the City of Vernon.
SECTION 3: There being no newspaper printed, published or
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
located outside on the wall near the second floor entrance to 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.
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SECTION 4: This Ordinance shall go into effect and be in
full force and operation from and after thirty (30) days after its
final passage and adoption.
APPROVED AND ADOPTED this 16th day of April, 2007.
Acting City Clerk
EONIS C. MAL13URG, Aayor
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STATE OF CALIFORNIA )
) ss
COUNTY OF LOS ANGELES )
I, MANUELA GIRON, Acting City Clerk of the City of Vernon, do
hereby certify that the foregoing Ordinance, being Ordinance No. 1132
was duly and regularly introduced at a regular meeting of the City
Council of the City of Vernon, held on Monday, April 2, 2007, and
thereafter finally adopted at a regular meeting of the City Council
held on Monday, April 16, 2007, and thereafter was duly signed by the
Mayor of the City of Vernon, by the following vote:
(SEAL)
AYES: Councilmen: Mayor Malburg, Gonzales, Davis,
McCormick, Ybarra
NOES: Councilmen: None
ABSTAINED: Councilmen: None
ABSENT: Councilmen: No e
c
MANUELA GIR N
Acting City Clerk
- 4 -
EXHIBIT
California
Public Employees' Retirement System
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, July 18,
1997, June 30, 2002, February 6, 2005 and February 3, 2007 which provides for
participation of Public Agency in said System, Board and Public Agency hereby agree
as follows:
A. Paragraphs 1 through 14 are hereby stricken from said contract as executed
effective February 3, 2007, and hereby replaced by 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 local prosecutors and
age 50 for local police and local fire members.
e , tvi c_.:a
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.
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. Local Prosecutors (included as local safety members);
d. 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 and local police
member shall be determined in accordance with Section 21362.2 of said
Retirement Law (3% 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 prosecutor shall be
determined in accordance with Section 21363.1 of said Retirement Law
(3% at age 55 Full).
FtJ
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).
e. Section 21573 (Third Level of 1959 Survivor Benefits) for local
miscellaneous members and local prosecutors only.
f. Section 21548 (Pre -Retirement Optional Settlement 2 Death
Benefit) for local miscellaneous members and local fire members
only.
g. Section 20423.6 ("Local Safety Member" shall include local
prosecutors, local public defenders, and local public defender
investigators as described in Government Code Section 20423.6).
h. Section 21574 (Fourth Level of 1959 Survivor Benefits) for 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 prosecutors.
b. Contributions required per covered member on account of the 1959
Survivor Benefits provided under Section 21574 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 fire members.
C. 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.
d. 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 shall be effective on the 27th day of May ,
2007
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF VERNON
BY
LORI MCGARTLAND, CHIEF
EMPLOYER SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
APPROWD A9 FORM:
ison, City Attorney
BY—e&
PRESIDING OFFICE�ario Gonza es,
Mayor Pro-Tem
April 26, 2007
Witness Date
Attest:
� Clerk
Clerk Manuela Giron, Acting City
AMENDMENT ER# 0209
PERS-CON-702A (Rev. 1M05)
SUPPORTING
DOCUMENTS
I
of
f
i
OFFICE OF THE CITY ATTORNEY
Jeff A. Harrison, City Attorney
4305 Santa Fe Avenue, Vernon, California 90058
Telephone (323) 583-8811 Fax (323) 826-1438
April 26, 2007
Ms. Danielle Brooks
Employer Representative
Public Agency Contract Services
California Public Employees' Retirement System
P. 0. Box 942709
Sacramento, CA 94229-2709
Re: Employer Code #0209; Section 105
Section 21362.2 (30 @ 50 Full Formula) for Local Fire
Members Contract Amendment
Dear Ms. Brooks:
In accordance with your letter of April 17, 2007, enclosed
please find the following documents:
1. Amendment to Contract, two original executed sets.
2. Certified copy of Ordinance No. 1132 adopted on April 16,
2007.
3. Original Certification of Final Action of Governing Body
(CON-5) form.
Once Ca1PERS has executed the Amendment to Contract, please
return one signed original for our records.
Sincerely,
Manuela Giron
Acting City Clerk
MG: j1
Enclosures
U
E.-)(cfusivefy industrid
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229-2709
(888) CalPERS (225-7377)
CERTIFICATION
OF
FINAL ACTION OF GOVERNING BODY
I hereby certify that the City Council of the
(governing body)
City of Vernon
(public agency)
adopted on April 16, 2007 , by an affirmative vote of a majority
(date)
of the members of said Governing Body;
No. 1132
Ordinance
(Ordinance or Resolution)
approving the attached contractual agreement between the
Governing Body of said Agency and the Board of Administration of the California Public
Employees' Retirement System, a certified copy of said Ordinance
(Ordinance or Resolution)
in the form furnished by said Board of Administration being attached hereto.
Cl°erk/Secretary
Manuela Giron, Acting City Clerk
Title
Date April 26, 2007
PERS-CON-5 (Rev. 1/96)
CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES)§
CITY OF VERNON )
I, Manuela Giron, Acting 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. 1132 - An Ordinance of the City Council of
the City of Vernon Approving and Authorizing an Amendment
to the Contract Between the City Council of the City of
Vernon and the Board of Administration of the Public
Employees' Retirement System.
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 of Vernon, County of Los Angeles,
State of California, this day of April 2007.
r
SEAL:
Acting City Clerk
CITY CLERK'S OFF -ICE
INTEROFFICE MEMORANDUM
DATE: June 11, 2007
TO: Sharon Duckworth, City Treasurer
Martha Valenzuela, Director of Personnel/Purchasing Agent
Willard Yamaguchi, Risk Manager/Chief Deputy City Attorne
FROM: Nelly Giron, City Clerk
RE: Resolution No. 9269 - A Resolution of the City Council of the
City of Vernon Declaring its Intention to Approve an
Amendment to the Contract Between the Board of Administration
of the California Public Employees' Retirement System and the
City Council of the City of Vernon
Transmitted herewith is a copy of Resolution No. 9269 referenced above,
which was approved by City Council on March 19, 2007.
Thank you.
NG:dr
c• Cindy Calzada
Ordinance No. 1132
Resolution No. 9269
Agreement No. 07-033
CITY CLERK'S OFFICE
INTEROFFICE MEMORANDUM
DATE: April 30, 2007
TO: Sharon Duckworth, City Treasurer
artha Valenzuela, Director of Personnel/Purchasing Agent
FROM: Nelly Giron, Acting City Clerk
RE: Ordinance No. 1132 - An Ordinance of the City Council of the
City of Vernon Approving and Authorizing an Amendment to the
Contract Between the City Council of the City of Vernon and
the Board of Administration of the Public Employees'
Retirement System
Transmitted herewith is a copy of Ordinance No. 1132 referenced above,
which was approved by City Council on April 16, 2007.
Thank you.
NG:dr
c: Ordinance No. 1132
Agreement No. 07-033
CERTIFICATE
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES)§
CITY OF VERNON
I, Manuela Giron, Acting 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. 1132 An Ordinance of the City Council of
the City of Vernon Approving and Authorizing an Amendment
to the Contract Between the City Council of the City of
Vernon and the Board of Administration of the Public
Employees' Retirement System.
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 of Vernon, County of Los Angeles,
State of California, this day of April 2007.
SEAL:
Acting City Clerk
AFFIDAVIT OF POSTING
I, Manuela Giron, Acting City Clerk, of the City of Vernon do hereby
certify that on the 18th day of April 2007, I did post three copies of
the following:
ORDINANCE NO. 1132 — An Ordinance of the City Council of the City
of Vernon Approving and Authorizing an Amendment to the Contract
Between the City Council of the City of Vernon and the Board of
Administration of the Public Employees' Retirement System.
On each of the following places, to wit: on the bulletin board outside
the main entrance to the City Hall of the City of Vernon located at
4305 Santa Fe Avenue; at the northwest corner of 38th Street and Santa
Fe Avenue; the northeast corner of Leonis Blvd., and Pacific Blvd.,
all in said City, there being no newspaper of general circulation
printed and publishe in the City of Vernon.
Date: ' //� U � `
Manuela Giro
Acting City Clerk
State of California )
)ss
County of Los Angeles)
On April 24, 2007 before me, Marisol Trujillo ,
Notary Public, personally appeared Manuela Giron
personally known to me (or proven to me on the basis of satisfactory
evidence) to be the person(s) whose name(s) is/are subscribed to the
instrument and acknowledged to me that he/she/they executed the
same in his/her/their authorized capacity, and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon
behalf of which the person(s) acted, executed the instrument.
MARISOL TRUALO
Y Commission * 1684907
"J Notary Public - CcNfomio
Los Angeles County
`
fury Comm. Expires Apr 18, 201
WITNESS my hand and official seal
CERTIFICATE
8
STATE OF CALIFORNIA )
) SS
COUNTY OF LOS ANGELES)
I, Manuela Giron, Acting City Clerk of the City of Vernon,
County of Los Angeles, State of California, hereby certify that
the attached is a full and complete copy of:
ORDINANCE NO. 1132 - AN ORDINANCE OF THE CITY
COUNCIL OF THE CITY OF VERNON APPROVING AND
AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN
THE CITY COUNCIL OF THE CITY OF VERNON AND THE
BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES'
RETIREMENT SYSTEM
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the official seal of the City of Vernon, County of Los Angeles,
State of California, on this 18th day of April 2007.
r
SEAL:
ft
1Ianuela Giron
Acting City Clirk
CITY TREASURER'S OFFICE
CITY CLERK DISTRIBUTION
W01 T WA RTN/
INTER -DEPARTMENT MEMORANDUM
Fif& " 9CAD i r4G - APPROVED APR 0 Z '07 CITY COUNCIL
DATE: March 27, 2007 gc(-. 00160 AL 96A-01A r APPROVED A PR 16 0, 7 CI1 Y CO NICIL
TO: Honorable Mayor Leonis C. Malburg and
Honorable City Council Members of the City of Vernon
FROM: Sharon Duckworth, City Treasurer
RE: Disclosure of Cost Analysis for PERS Contract Amendment
(Actuarial Valuation)
o�D. II32
Gentlemen:
On March 19, 2007, the City Council adopted Resolution No. 9269
declaring its intention to approve an amendment to the PERS contract
to provide 3% @ 50 formula (Section 21362.2) for local fire members.
A copy of the Summary of Major Provisions supplied by Ca1PERS is
enclosed for your review.
The City Council will be considering for first reading on April 2,
2007, an ordinance authorizing the PERS amendment.
In accordance with Government Code Section 7507, the following
future annual costs as determined by the CalPERS System Actuary for
the increase in retirement benefits must be made public at the
April 2, 2007 meeting with respect to the proposed plan amendment:
1)
Change
in the
Present Value of Benefits
$6,175,632
2)
Change
in the
Accrued Liability
$4,598,061
3)
Change
in the
Total Employer Rate
6.121%
i
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
(888) CalPERS (225-7377)
SUMMARY OF MAJOR PROVISIONS
3% @ 50 Formula (Section 21362.2)
Local Safety Members
SERVICE RETIREMENT
To be eligible for service retirement, a member must be at least age 50 and have five years of
CalPERS credited service. If provided by the employer's contract, mandatory retirement age for
local safety members is age 60.
The monthly retirement allowance is determined by age at retirement, years of service credit and
final compensation. The basic benefit is 3% of final compensation for each year of credited
service upon retirement at age 50. The allowance is limited to 90% of final compensation.
Final compensation is the average monthly pay rate during the last consecutive 36 months of
employment, or 12 months if provided by the employer's contract, unless the member designates a
different period of 36 or 12 consecutive months when the average pay rate was higher. Certain
items of special compensation earned during your final compensation period will be included in
your final compensation, in accordance with Board regulations.
DISABILITY RETIREMENT
Members substantially incapacitated from performing the usual duties for the position for his/her
current employer, and from performing the usual duties of the position for other CalPERS covered
employers (including State agencies, schools, and local public agencies), and where similar
positions with these other employers with reasonably comparable in pay, benefits, and promotional
opportunities are not available, would be eligible for disability retirement provided they have at
least five years of service credit. The monthly retirement allowance is 1.8% of final compensation
for each year of service. The maximum percentage for members who have between 10.000 and
18.518 years of service credit is one-third of their final compensation. If the member is eligible for
service retirement the member will receive the highest allowance payable, service or disability. If
provided by the employer's contract, the benefit would be a minimum of 30% of final compensation
for the first five years of service credit, plus 1 % for each additional year of service to a maximum
benefit of 50% of final compensation.
INDUSTRIAL DISABILITY RETIREMENT
Members permanently incapacitated from performing their duties, as defined above under
Disability Retirement, and the disability is a result of a job. -related injury or illness may receive an
Industrial Disability Retirement benefit equal to 50% of their final compensation. If provided in the
employer's contract and the member is totally disabled, the disability retirement allowance would
equal 75% of final compensation in lieu of the disability retirement allowance otherwise provided.
If the member is eligible for service retirement, the service retirement allowance is payable. The
total allowance cannot exceed 90% of final compensation.
PRE -RETIREMENT DEATH BENEFITS
Basic Death Benefit: This benefit is a refund of the member's contributions plus interest and up to
six months' pay (one month's salary rate for each year of current service to a maximum of six
months).
PERS-CON-52 (rev. 2/05)
1957 Survivor Benefit: An eligible beneficiary may elect to receive either the Basic Death Benefit or
the 1957 Survivor Benefit. The 1957 Survivor Benefit provides a monthly allowance equal to one-
half of the highest service retirement allowance the member would have received had he/she
retired on the date of death. The 1957 Survivor Benefit is payable to the surviving spouse or
registered domestic partner until death or to eligible unmarried children until age 18.
1959 Survivor Benefit: (If provided by the employer's contract and the member is not covered
under social security.) A surviving spouse or registered domestic partner and eligible children may
receive a monthly allowance as determine by the level of coverage. This benefit is payable in
addition to the Basic Death Benefit or 1957 Survivor Benefit. Children are eligible if under age 22
and unmarried.
Pre -Retirement Optional Settlement 2 Death Benefit: (If provided by the employer's contract.) The
spouse or registered domestic partner of a deceased member, who was eligible to retire for
service at the time of death, may to elect to receive the Pre -Retirement Optional Settlement 2
Death Benefit in lieu of the lump sum Basic Death Benefit. The benefit is a monthly allowance
equal to the amount the member would have received if he/she had retired for service on the date
of death and elected Optional Settlement 2, the highest monthly allowance a member can leave a
spouse or registered domestic partner.
Special Death Benefit: A surviving spouse, registered domestic partner, or eligible children or step
children may receive a monthly allowance equal to one-half of the final compensation. If the cause
of death is due to external violence or physical force while on the job, and there are eligible
surviving children in addition to a spouse or registered domestic partner, the allowance may be
increased to a maximum of 75%.
COST -OF -LIVING ADJUSTMENTS
The cost of living allowance increases are limited to a maximum of 2% compounded annually
unless the employer's contract provides a 3, 4, or 5% increase.
DEATH AFTER RETIREMENT
The lump sum death benefit is $500 (or $600, $2,000, $3,000, $4,000 or $5,000 if provided by the
employer's contract) regardless of the retirement plan chosen by the member at the time of
retirement.
TERMINATION OF EMPLOYMENT
Members who have separated from employment may elect to leave their contributions on deposit
or request a refund of contributions and interest. Those who leave their contributions on deposit
may apply at a later date for a monthly retirement allowance if the minimum service and age
requirements are met. Members who request a refund of their contributions terminate their
membership and are not eligible for any future benefits unless they return to CalPERS
membership.
EMPLOYEE CONTRIBUTIONS
Local safety members covered by the 3% @ 50 formula contribute 9% of reportable earnings.
Those covered under a modified formula (coordinated with Social Security) do not contribute on
the first $133.33 earned.
The employer also contributes toward the cost of the benefits. The amount contributed by the
employer for current service retirement benefits generally exceeds the cost to the employee. In
addition, the employer bears the entire cost of prior service benefits (the period of time before the
employer provided retirement coverage under CaIPERS). All employer contribution rates are
subject to adjustment by the CalPERS Board of Administration.
PERS-CON-52 (rev. 2/05)
Ca1PERS
California
Public Employees' Retirement System
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, July 18,
1997, June 30, 2002, February 6, 2005 and February 3, 2007 which provides for
participation of Public Agency in said System, Board and Public Agency hereby agree
as follows:
A. Paragraphs 1 through 14 are hereby stricken from said contract as executed
effective February 3, 2007, and hereby replaced by 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 local prosecutors and
age 50 for local police and local fire 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.
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. Local Prosecutors (included as local safety members);
d. 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 and local police
member shall be determined in accordance with Section 21362.2 of said
Retirement Law (3% 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 prosecutor shall be
determined in accordance with Section 21363.1 of said Retirement Law
(3% at age 55 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).
e. Section 21573 (Third Level of 1959 Survivor Benefits) for local
miscellaneous members and local prosecutors only.
f. Section 21548 (Pre -Retirement Optional Settlement 2 Death
Benefit) for local miscellaneous members and local fire members
only.
g. Section 20423.6 ("Local Safety Member" shall include local
prosecutors, local public defenders, and local public defender
investigators as described in Government Code Section 20423.6).
h. Section 21574 (Fourth Level of 1959 Survivor Benefits) for 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 prosecutors.
Ic
b. Contributions required per covered member on account of the 1959
Survivor Benefits provided under Section 21574 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 fire members.
C. 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.
d. 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.
This amendment shall be effective on the 27th day of May
2007
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF VERNON
BY aaK.if1 BY
LO+MAqTILAND, C IEF PRESIDING OFFIC HiI ario Gonzales,
EMR ERVICES DIVISION Mayor Pro-Tem
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
APPROVED. TO FORM:
() ,, n
J4VJ A. frrison, City Attorney
April 26, 2007
Wit ss Date
Atte t:
Cler Late
Giro , Acting City Clerk
AMENDMENT ER# 0209
PERS-CON-702A (Rev. 10\05)
CITY ATTORNEY DISTRIBUTION
Actuarial & Employer Services Branch
P.O. Box 942709 Affk',
-
Sacramento, CA 94229-2709
Telecommunications Device for the Deaf (916) 795-3240
CaIPERS (888) CalPERS (225-7377) FAX (916) 795-3005
May 23, 2007
Ms. Sahron L. Duckworth
City Treasurer
City of Vernon
4305 Santa Fe Avenue
Vernon, CA 90058
Dear Ms. Duckworth:
Employer Code #0209
Reply to Section 125
The contract amendment has been executed by CalPERS. The effective date of the
contract amendment is May 27, 2007.
If you have any questions regarding your contract, please do not hesitate to contact our
office at (888) CalPERS (225-7377).
Sincerely,
.�2. (� lirraGz�i
Public Agency Contract Services
DB:rc
Enclosure
f �1WNFIIiF.
r�
CITY ATTORNEY DEPT.
California Public Employees' Retirement System
www.calpers.ca.gov
4 ,
4305 Santa Fe Avenue, Vernon, California 90058
Telephone (323) 583-8811
February 21, 2008
Coded Systems Corporation
Attn: Ann Marie Six
120 Main Street
Avon, NJ 07717
Re: Code Supplement No. 65 containing Ordinance Nos. 1132 through
1145.
Dear Ms. Six:
As we discussed on the phone, here are the above Ordinances to be
codified.
■ 1134 is not included as it is currently being worked on.
■ 1132, 1143, and 1144 are included in the package for your
record but are not to be codified.
With regards to Supplement 64, just confirming our phone conversation,
Ordinance 1107 will remain and Ordinance 1125 should be removed. Once
supplement 64 is ready, please forward 50 sets of said supplement to my
attention.
If you have any questions, please call me at 323/583-8811 ext. 266.
Sincerely,
An--�
el y Gi
City Clerk
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