ORD 390ORDINANCE NO. 390
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF LA QUINTA, CALIFORNIA, AUTHORIZING AN
AMENDMENT TO THE CONTRACT BETWEEN THE CITY
COUNCIL OF THE CITY OF LA QUINTA AND THE BOARD
OF ADMINISTRATION OF THE CALIFORNIA PUBLIC
EMPLOYEES' RETIREMENT SYSTEM
THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, DOES
ORDAIN AS FOLLOWS:
SECTION 1. An amendment to the contract between the City Council of La
Quinta and the Board of Administration of the California Public Employees'
Retirement System is hereby authorized; a copy of said amendment being attached
hereto, marked Exhibit A, and by such reference made a part hereof as though
herein set out in full.
SECTION 2. The Mayor of the City of La Quinta is hereby authorized,
empowered, and directed to execute said amendment for and on behalf of the City.
SECTION 3. This Ordinance shall take effect 30 days after its adoption, and
prior to the expiration of 15 days from the passage thereof shall be published at
least once in the Desert Sun, a newspaper of general circulation in the City of La
Quinta and thence from and thereafter the same shall be in full force and effect.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta
City Council held on this 4t' day of November, 2003, by the following vote:
AYES: Council Members Henderson, Osborne, Perkins, Sniff, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
DON ADOLPH, Mayor
City of La Quinta, California
Ordinance No. 390
CaIPERS - 2.5% at 55
Adopted: October 21, 2003
Page 2
ATTEST:
JUNE S. GREEK, CMC, City Clerk
City of La Quinta, California
(City Seal)
APPROVED AS TO FORM:
M. ATHE INE JENSO , City A orney
City of La Quinta, California
Ordinance No. 390
CaiPERS - 2.5% at 55
Adopted: October 21, 2003
Page 3
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss.
CITY OF LA QUINTA )
I, JUNE S. GREEK, City Clerk of the City of La Quinta, California, do hereby certify
the foregoing to be a full, true, and correct copy of Ordinance No. 390 which was
introduced at a regular meeting on the 21 ' day of October, 2003 and was adopted
at a regular meeting held on the 4t' day of November, 2003 not being less than 5
days after the date of introduction thereof.
further certify that the foregoing Ordinance was posted in three places within the
City of La Quinta as specified in a Resolution of the City Council.
JUNE S. GREEK, CMC, City Clerk
City of La Quinta, California
DECLARATION OF POSTING
I, JUNE S. GREEK, City Clerk of the City of La Quinta, California, do hereby certify
that the foregoing ordinance was posted on November 7, 2003, pursuant to
Council Resolution.
JUNE S. GREEK, City Clerk
City of La Quinta, California
CaIPERS
California
Public Employees' Retirement System
EXHIBIT A
AMENDMENT TO CONTRACT
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of LaQuinta
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
December 16, 1983, and witnessed November 1, 1983, and as amended effective
November 12, 1988, November 2, 1990, January 18, 1991, November 1, 1991 and
June 7, 2002 which provides for participation of Public Agency in said System, Board
and Public Agency hereby agree as follows:
A. Paragraphs 1 through 11 are hereby stricken from said contract as executed
effective June 7, 2002, and hereby replaced by the following paragraphs
numbered 1 through 12 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.
2. Public Agency . shall participate in the Public Employees' Retirement
System from and after December 16, 1983 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 bg
express provisions thereof, apply only on the election of a contracting
agency.
n;L ki
�-MTSIGH "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. 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:
a. SAFETY EMPLOYEES.
5. The percentage of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member in
employment before and not on or after the effective date of this
amendment to contract 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 miscellaneous member in
employment on or after the effective date of this amendment to contract
shall be determined in accordance with Section 21354.4 of said
Retirement Law (2.5% at age 55 Full).
7. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 20938 (Limit Prior Service to Members Employed on
Contract Date).
b. Section 21573 (Third Level of 1959 Survivor Benefits).
C. Section 20042 (One -Year Final Compensation).
d. Section 21024 (Military Service Credit as Public Service), Statutes
of 1976.
8. Public Agency, in accordance with Government Code Section 20834, shall
not be considered -an "employer" for purposes of the Public Employees'
Retirement Law. Contributions of the Public Agency shall be fixed and
determined as provided in Government Code Section 20834, and such
contributions hereafter made shall be held by the Board as provided in
Government Code Section 20834.
9. Public Agency shall contribute to said Retirement System the contribution
determined by actuarial valuations of prior and future service liability with
respect to local miscellaneous members of said Retirement System.
10. 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.
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 covet - the costs of special
valuations on account of employees of Public Agency, and costs of
the periodic. investigation and valuations required by law.
11. 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.
12. 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 day of .
BOARD OF ADMINISTRATION CITY COUNCIL'
PUBLIC' EMPLOYEES RETIREMENT S1-STEM CITY OF LAQUINTA
BY BY
KENNETH W. MARZION, CHI PRESIDING OFFICqO
ACTUARIAL &EMPLOYE VICES DIVISION �'�
PUBLIC EMPLOYEES' EMENT SYSTEM
Witness Da
8
Attest:,..,
Clerk
AMENDMENT ERS 1351
PERS-CON-702A (Rev. 8\02)