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HomeMy WebLinkAboutRES NO 131-14(1)RESOLUTION NO. 13 1- 1 4 0 ! AMENDMENT NO. 1 TO RESOLUTION NO. 131 -14 MODIFYING PAYING AND REPORTING THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTIONS WITH TIME -IN -GRADE EXCEPTIONS FOR GENERAL SUPERVISORY AND MANAGEMENT CLASSIFICATIONS RECITALS WHEREAS, the governing body of the City of Bakersfield has the authority to implement Government Code Section 20636 (c) (4) pursuant to Section 20691; and WHEREAS, the governing body of the City of Bakersfield has elected to pay all or a part of the normal member contributions to the California Public Employees' Retirement System (CaIPERS) pursuant to Government Code Section 20691, and applicable labor policies or agreements; and WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the government body to the City of Bakersfield a Resolution to commence paying and reporting the value of said Employer Paid Member Contribution (EPMC); WHEREAS, the governing body of the City of Bakersfield may elect a time - in -grade Exception to said Employer Paid Member Contributions (EPMC) within a given group or class of employees as defined in Government Code Section 20636(e)(1) and as specifically authorized in Title 2, California Code of Regulations Section 569; WHEREAS, the governing body of the City of Bakersfield has identified the following conditions for the purpose of its election to pay EPMC and the application of said Exception: • This benefit shall apply to all employees of the Management classifications hired before January 1, 2013. • This benefit shall consist of paying 7.5% of the normal contributions as EPMC. • For management employees hired before January 1, 2013 the City of Bakersfield will pay EPMC and report the value of EPMC with the City of Bakersfield. In so resolving, the governing body of the City of Bakersfield agrees to abide by Section 569, the terms of which are incorporated -by- reference as if fully set forth herein. - Page 1 of 2 Pages - o``gAKF9� v o ORIGINAL • The effective date of this Resolution shall be July 14, 2014. NOW, THEREFORE, BE IT RESOLVED that the governing body of the City of Bakersfield elects to pay and report the value of EPMC, as set forth above. ---- - - - - -- 000---- - - - - -- I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on JUI 7 3 2014, by the following vote: OY V AYE COUNCIL MEMBER RIVERA, MAXWELL, WEIR, SMITH, HANSN, SULLIVAN, JOHNSON NO COUNCIL MEMBER IVY. ABSTAIN: COUNCIL MEMBER Nor-L- ABSENT: COUNCIL MEMBER the APPROVED JUL 2 3 2014 By A6/ KEN WEIR VICE -MAYOR APPROVED AS TO FORM: VIRGINIA GENNARO Ci 12 City Attorney CITY CLERK and E4(Jfficio Clerk of Council of the City of Bakersfield - Page 2 of 2 Pages - o``ZPKF9 s v o ORIGINAL