CC Resolution 1990-068^#=G RESOLUTION NO. 90-66
RESOLUTION OF IN'T'*ION
To APPROVE AN MwiDKNN' To CONTRACT
BETWEEN TUB
BOARD OF ADDIXHISTRATION
OF TUE
PUBLIC DIP LOYEES' RE"'IRI* SYS*
AND
CITY COOOCIL
OT THE
CIT'Y OF LA QUINTA
WHEREAS, the Public Employees' Retirement Law permits the participation of
public agencies and their employees in the Public Employees'
Retir*ment System by the execution of a contract, and sets forth
the procedure by which said public agencies may elect to sub*ect
themselves and their employees to amendments to said Law; and
WHEREAS, one of the steps in the procedure to amend this contract is the
adoption*'by the governing body of the public agency of a resolution
giving notice of its intention to approve an amendment to said
contract, which resolution shall contain a sum*ary of the change
proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To remove the exclusion of ELECTED OFFXCXALS".
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency
does hereby give notice of intention to approve an amendment to
the contract between the said governing body and the Board of
Administration of the Public Employees' Retirement System, a copy
of said amendment being attached hereto, as an Exhibit" and by
this reference made a part hereof.
BY
NAME
Mayor
TITLE)
September 4, 1990
Date adopted and approved) Ret. Form 122
C0302
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* CONTRACT
BETWEEN THE
BO*D OF ADMINIS*ATION
OF THE
PUBLIC D(PLOYEES' R*IRDNT SYSTDL
AND THE
CITY COUNCIL
OFTHE
CITY OF LA QUINTA
The Board of Administration, Public Employees' Retirement System, hereinafter
referred to as Board, and the governing body of 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, which provides for participation of Public Agency
in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 *hrough 10 are hereby stricken from said contract as executed
effective Novem6er 12, 1988, 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'1
shall mean age 60 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 sub*ect 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. 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 D*LOXE*S.
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5. The percentage of final compensation to be provided for each year of
credi*ed prior and current service as a local miscellaneous member
shall be determined in accordance with Section 21251.13 of said
Retirement Law 2* at age 60 Full).
6. Public Agency elected to be subject to the following optional
provisions:
a. Section 20835.1 Limit Prior Service to Members Employed on
Contract Date).
b. Sections 21380-21387 1959 Survivor Benefits) including
0 Section 21382.4 Third Level of 1959 Survivor Benefits).
7. Public Agency, in accordance with Government Code Section 20759, 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 20759, and such
contribut.19n5 hereafter made shall be held by the Board as provided in
Govermment'Code Section 20759.
8. Public Agency shall contribute to said Retirement System the
0 contrIbutions determined by actuarial valuations of prior and future
z
service liability with respect to local miscellaneous members of said
Retirement System.
9. Public Agency shall also contribute to said Retirement System as
follows:
CD
a. Public Agency shall contribute $2.50 per employee, per month on
account of the liability for the 1959 Survivor Benefits provided
under Section 213B2.4 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 in-
stallment 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 in-
stallment 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
*mployees' 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.
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11. Contributions required or Public Agency and i*s 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 Qr less than the
correct amount of contributions is paid for any period* proper
adjustment shall be made in connec*ion with subsequent remittances.
Adjustments on account Qf errors in contributions required of any
employee may be made by direct payments between the employee and the
Board.
B. This amendment shall effective on the day of
19
BOARD OF ADMINISTRAT I* CITY COUNCIL
PUBLIC EMPLOYEES' R *MENT SYSTEM OF THE
CITY OF LA QUINTA
Q
BY_____________ BY__________
CHIEF1 CONTRA* SERVICES DIVISION Presiding Qfficer *
PUBLIC EMPL*ES' RETIREMENT SYSTEM *
Witnes5 Date
Attest
Clerk
PERS-CON-702 AMENDMENT)
Rev. 6/8*)
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^#=GPublic Employees' Retircuent System
Public Agency Contgact Service.
Contgact Services Division Section 220
Poet Office Box 142709
Sacramento. CA *4229-2709
*elephone 116) 326-3420
326-3000 TelecOwnunications
*vice for the *af)
cE;tTZF:CATION OF COMPL*ANCE WZT!
GpVERNMENT CODE SECTION 7507
X hereb* certify that in accordance with Section 7507 of the Government
Code the future annual co5ts as determined by the System Actuary and/ar the
increase in retirement benefit(s) have been sade public at a public meeting
by the City Council of the City of La Quinta
governing body) public agency)
at least two weeks prior to the adoption of the final Ordinance/Resolution.
Date3 Septett'ber 6, 1990 original **nature
City Clerk
official title
PERS-CON-12A Rev. 11/Il)
C0601
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^#=G Pub1*c Emp1oyees* Retreme*t 8y.teu
Public Age*cy Contract Servicel
Coftiract Service. DIvi*Lon gection 220
Po.t ofice Do* 942709
Secrauento, CA 14229-3709
lelephone ILE) 2E-3420
325-3000 elecomunicationl
Device *or the Dea*)
CERTZFZC*XON 0? GOVERWX** 30*Y,8 ACTION
Z hereby certiy that the forego*ng is a true and correct copy of a
Resolution adopted by the La Quinta City Council
CcovernLng *y)
of the City of La Quinta
*aue 0g *blic Age*cy)
September 4, 1990
Dete*
Secretary of the loard
PcS*ON-13
C0500 Rev. 11/88)
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