ORD 370ORDINANCE NO. 370
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. That an amendment to the contract between the City of La Quinta
and the Board of Administration, California Public Employees' Reti! ement 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 City Manager 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 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 this 7t'day of May, 2002, by the following
vote:
AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pena
NOES: None
ABSENT: None
ABSTAIN: None
kor
alifornia
Ordinance No. 370
PERS / Military Service Credit
Adopted: May 7, 2002
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. 370 which was
introduced at a regular meeting held on the 16th day of April, 2002, and was adopted
at a regular meeting held on the 7th day of May, 2002, not being less than 5 days
after the date of introduction thereof.
I 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.
JU . GREEK, CMC, City Clerk
City of La Quinta, California
Ca1PERS
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
hereinafter referred to as Board, and the governing
hereinafter referred to as Public Agency, having
December 16, 1983, and witnessed November 1,
November 12, 1988, November 2, 1990, January
which provides for participation of Public Agency i
Agency hereby agree as follows:
Employees' Retirement System,
body of the above public agency,
entered into a contract effective
1983, and as amended effective
18, 1991 and November 1, 1991
n said System, Board and Public
A. Paragraphs 1 through 11 are hereby stricken from said contract as executed
effective November 1, 1991, and hereby replaced by the following paragraphs
numbered 1 through 11 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 by
express provisions thereof, apply only on the election of a contracting
agency.
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.
10. 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.
11. 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 emplo a and the Board.
B. This amendment shall be effectiiaJe on the day of
BOARD OF ADMINISTRATION;""
PUBLIC EMPLOYEES' RETI, RMENT SYSTEM
BY
KENNETH W. MA�,746N, CHIEF
ACTUARIAL & E-NOLOYER SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AMENDMENT
PERS-CON-702A (Rev. 8\96)
CITY COUNCIL
CITY OF LAQUINTA •�.��'
BY
PRESIDING OFFIC RJR
�vJ
COO
Witne,s'r�,Date
Attest:
Clerk