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RES-7859 Amending Resolution No. 7846 Relating to the Qualifying Retirement Benefit Plan for Part-Time EmployeesRESOLUTION NO. 7859 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AMENDING RESOLUTION NO. 7846 RELATING TO THE QUALIFYING RETIREMENT BENEFIT PLAN FOR PART-TIME EMPLOYEES AS REQUIRED BY THE OMNIBUS BUDGET RECONCILIATION ACT OF 1990 TO MODIFY THE CITY AND EMPLOYEE CONTRIBUTION RATES ON A NONE TIME ONLY BASIS FOR THE PERIOD FROM JUNE 16, 1991 THROUGH JUNE 29, 1991.WHEREAS, the Council has authorized the City Manager to development and implement an alternative qualifying retirement plan for part-time, temporary, and seasonal employees; and WHEREAS, the Council has also established a contribution level of 7.5%, comprised of 3. 75% employee contribution and 3.75% city contribution; and WHEREAS, the Personnel Department has evaluated the merits of implementing the mandatory 3. 75% employee deduction in conjunction with the anticipated part-time salary increases; and WHEREAS, the Personnel Department recommends that the City pay the full 7.5% part-time benefit for the period from June 16, 1991 through June 29, 1991.NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Orange that the City contribution level is changed from 3.75% to 7.5% for the period from June 16, 1991 through June 29, 1991 and effective June 30, 1991 the City contribution level is changed to 3.75%. After June 30, 1991 the 3.75% city contribution rate shall remain in effect until such time as it is required to change by law or city Council Attest: rr- 9- (fi.f~~~C1ty Cle of ~ y 0 Orange 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 9th day of July, 1991 by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ, SPURGEON COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE J~&r. V~;~ city Clerk 0 e ~ Orange RESO. NO. 7859