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ORD-18-83 AMENDS CONTRACT BETWEEN PUBLIC EMPLOYEE RETIREMENT BY ADDING INCREASED SURVIVOR BENEFITSI i I I 1 I ORDINANCE NO. 18-83 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ORANGE AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ORANGE BY ADDING GOVERN- MENT CODE SECTION 21382.2 (INCREASED SURVIVOR BENEFITS) AND GOVERNMENT CODE SECTION 20818 (TWO YEARS ADDITIONAL SERVICE CREDIT) BOTH FOR LOCAL MISCEL- LANEOUS MEMBERS. WHEREAS, the City of Orange has granted in their labor agree- ments the additional benefits of Government Code Section 21382, and WHEREAS, said provlosloon provides increased benefits to depend- ents of employees whose death occurs during City service, and WHEREAS, Government Code Section 20818 provides for an addi- tional two years service credit for certain designated classifi- cations, and WHEREAS, the City of Orange is experiencing budgetary constraints. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ORANGE DOES ORDAIN AS FOLLOWS: SECTION I: That an amendment to the Contract between the City Council of the City of Orange and the Board of Administration of the Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto marked "Exhibit A", and by such reference is made a part hereof as though fully set forth herein. SECTION II: The Mayor of the City of Orange is hereby authorized, empowered and directed to execute said amendment for and on behalf of the City Council of the City of Orange. SECTION III; A summary of this Ordinance shall be published and a certified copy of the full text of this Ordinance shall be posted in the Office of the City Clerk at least five (5) days prior to the City Council meeting at which this Ordinance is to be adopted. A summary of this Ordinance shall also be published once within fifteen (15) days after this Ordinance's passage in the Orange City News, a newspaper of general circulation, published and circulated in the City of Orange. The City Clerk shall post in the Office of the City Clerk a certified copy of the full text of such adopted Ordinance along with the names of those City Council members voting for and against the Ordinance in accordance with Government Code Section 36933. This Ordinance shall take effect thirty (30) days from and after the date of its final passage. ADOPTED this 12th day of ATTEST: Ci~tkcr~ge STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF ORANGE ) I, MARILYN 'J. 'JENSEN, City Clerk of the City of Orange, California, do hereby certify that the foregoing ordinance was introduced at the regular meeting of the City Council held on the 21st day of June , 1983, and thereafter at a regular meeting of said City Council duly"held on the 12th day of July , 19 83. was duly passed and adopted by the following vote, to wit: -- AYES: COUNCILMEN: SMITH, BARRERA, MAYOR BEAM, PEREZ, BEYER NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: NONE WITNESS my hand and seal this 14th day of Jul V 19 81 Marilyn J. nsen City Clerk of the jl~ Cit./' of Orange Ord. No. 18-23 2- PLEASE DO NOT SIGN '"'EXHmIT ONLY" AMENDMENT TO CONTRACT BETWEEN __.J!l BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ORANGE The Board of Administration, Public Employees' Retirement System, herein- after referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract under date of May 13. 1958, effective July 1, 1958, and as amended effective October 1,1966, October 8,1971, January 16,1977, August 26,1979, April 1, 1982, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective April 1, 1982, and hereby replaced by the following paragraphs numbered 1 through 10 inclusive: 1. All words and terms used herein which are defined in the Puhlic Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local miscellaneous and age 55 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after,July 1, 1958 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 such as by express provisions thereof apply only on the election of contracting agencies. 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. Local Firemen (herein referred to as local safe~ members); b. Local Policemen (herein referred to as local safe~ members); c. Employees other than local safe~ members (herein referred to as local miscellaneous members). In addition .0 .he classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: BO ADDITIONAL EXCLUSIONS EXHIBIT A j j ..co,_ PLEASE DO ~0T SIGN "EXHIBIT ONLY" 4.The fraction of final compensation to be prov~ded for each year of credited prior and current aervice as a local miscellaneous member shall be that provided in Section 21251.13 of said Retirement Law with all service prior to Social Security termination September 30, 1971, subject to the reduction provided by aaid section. 5.The fraction of final compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21252.1 of said Retirement Law One-half pay at age 55). '6. The following additional provisions of the Public Employees'Retirem~nt Law which apply only upon election of a contracting agency shall apply to the Public Agency and its employees:a. Section 20952.5 (Age 50 voluntary retirement) for local safety members only..b. Section 21380-21387, (1959 Survivors Program), excluding Section 21382.2 (Increased 1959 Survivors benefits), for local miscel-laneous members only.c. Section 21}80-21387; including Section 21382. 2 (1959 Survivors Program with increased benefits), for local safe~ members only.d. Sections 21263/21263.1 ( Post-retirement survivor allowance).e. Section 20024. 2 (One-year final compensation).f. Sections 20818 (Additional service credit), Statutes of 1982.7. Public Agency, in accordance with Section 20740, Government Code,ceased to be an WemployerW,for purposes of Chapter 6 of the Public Employees' Retirement Law effective on January 16, 1977. Accumulated contributions of Public Agency as of the aforementioned date shall be fixed and determined as provided in Section 20759, Government Code,and accumulated contributions as of the aforementioned date and contributions thereafter made shall be held by the 30ard as provided in Section 20759, Government (}ode.' ~-8. Public AgencY,shall contribute to said Retirement System as follows:a. With respect to miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said Retirement System:1) 0.510 percent until June 30, 2000 on account of the liability for prior service benefits.2) 12.446 percent'on account of the liability for current service benefits.3) 0.039 percent on account of the liabili t)' for the 1959 Surri vorProgr8lll.l I o..:_':-~'~1-......_.....~'$...J"M;~ ...Lt>..7.~~.:'""---"'~~~', ~ t' LtASE DO I ,T SIGN "EXHIBIT ONLY"b. With r ect to local safety members,' agency shall contribute the fo._~ving percentages of monthly sa.dries earned as local safety members of said Retirement System:1) 0.236 percent u~til June 30, 2001 on account of the liability for prior service benefits.2) 16.595 percent on account of the liability for current service benefits.c. A reasonable amount per annum, as fixed by the Boerd ~o 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.d. 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 lav.9. 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.10. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within thirty 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, or adjustments on account of errors in contributions required of any employee may be made by direct cash payments between the employee and the Board. P~ments by Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders or cash.I i:..~-~:-:-""'~.:- r'~:'~' ....;,~:~.._'..-~.,.,..,~'A~j,;-. . B. This amendment shall be attached to said contract and small be effective on the day of . 19_. Witness our hands the dsy of . 19_. BOAHD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMBNT SYSTEM OF THE CITY OF ORANGE: o4J.i g/</t ';2- BY ;~ pre8i~ O~icer l Attest: ,~ Clerk ~ PERS CON- 702 ~~ BY Carl J. Blechinger, Executive Officer Approved as to form: j CY~hia G. t