RES-8268 Authorizing PERS to Grant an Additional Designated Period for Tow Years Additional Service CreditRESOLUTION NO. 8268
RESOLUTION NO 8268. A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF ORANGE AUTHORIZING THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO GRANT AN
ADDITIONAL DESIGNATED PERIOD FOR TWO YEARS
ADDITIONAL SERVICE CREDIT FOR THE CITY OF ORANGE.
WHEREAS, the City of Orange is a contracting public agency of the Public
Employees' Retirement System; and
WHEREAS, the City of Orange has been advised by the Public Agency Contract
Services of the Contract Services Division in the Public Employees' Retirement System
that if the City of Orange desires an additional designated period for Two Years
Additional Service Credit (section 20818) the City of Orange could request the
designated period based on the contract amendment effective March 31, 1985 which
provided for Two Years Additional Service Credit (section 20818) for the General
Services Director in the General Services Department.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Orange that the City of Orange does seek to add an additional designated period and
further resolve to direct the City Clerk to forward a certified copy of this resolution to the
Public Employees' Retirement System, indicating a desire of the City Council of the City
of Orange to add an additional designated period from December 15, 1993 to March
15,1994 for eligible local miscellaneous members.
ADOPTED this 14th day of December 1993.
GENE BEYER
Mayor of the City of Orange
S~~~<
By Mayor Pro Tern
Attest:
I hereby certify that the foregoing resolution was duly and regularly adopted by the City
Council of the City of Orange at a regular meeting thereof held on the 14th day of
December, 1993 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS: SPURGEON, BARRERA, BEYER, COONTZ, MURPHY
COUNCIL MEMBERS: NONE
COUNCIL MEMBERS: NONE
COUNCIL MEMBERS: NONE
71/~~~ ~-H
Y Cler of ttWCity of Orange
Reso. No. 8268
ORIGINAL TRANSMITTED TO P.E.R.S.
CERTIFICATE
of Compliance With
Section 20818 Government Code
In accordance with Section 20818, Government Code, and the contract between
the City of Orange and the Public Employees' Retirement System, the City of
Orange hereby certifies that:
1. Because of an impending curtailment of, or change in the manner of
performing service, the best interests of the City of Orange will be served
by granting such additional service credit.
2. Payment shall be made of the amount equal to the actuarial equivalent of
the difference between the allowance the member receives after receipt of
such service credit and the amount the member would have received
without such service credit with respect to all eligible employees who
retire during the specified period.
3. The City of Orange has elected to become subject to Section 20818
because of impending mandatory transfers, demotions, and layoffs that
constitute at least 1 % of the job classification, department or
organizational unit designated resulting from the curtailment of or change
in the manner of performing its services.
4. Its intention at the' time it became subject to Section 20818 was to keep all
vacancies or at least one vacancy in any position in any department or
other organizational unit created by retirements under this section
permanently unfilled thereby resulting in an overall reduction in the work
force of such department or organizational unit.
THEREFORE, the City of Orange hereby elects to provide the benefits of
Section 20818, Government Code, to all eligible local miscellaneous members
who retire within the designated period, December 15,1993 through March 15,
1994.
Attest: "
ORIGINAL SIGNED BY
MARILYN J. JENSEN"
City Clerk of the City of Orange
GENE BEYER
O"rG~~Ar%fdNl8rWfe
BY:_FRED l BARREJ?~
Mayor Pro Tem
Date: December 14, 1993
PUBLIC EMPWYEES' RETIREMENT SYSTEM
Contract Services Division
Public Agency Contract Services
P. O. Box 942709
Sacramento, CA 94229-
2709 916)
326-3420 916)
326-3240 (roD)CERTIFICATION
OF COMPLIANCE WITH GOVERNMENT
CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code
the future annual costs as determined by the System Actuary and/or the increase in retirement benefit(
s) have been made public at a public meeting of the
Ci ty
Council governing body)of the
City of
Orange public agency)on November 23rd I 1993 which is at least two weeks prior to the
adoption
of the
date)Resolution / Ordinance.Date fl<>""mhPr
14. 1 "en
ORIGINAL SIGNED BY
MARILYN J. .
IFNSEN"Clerk/Secretary I
I
City
Clerk Title PERS-CON-12A