HomeMy WebLinkAboutORD NO 1281..... .. j : .;' ..: -.
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ORDI-NA~CE N0. 1281 NEW S~Ig~_. ... ~ ....
AN ORDINANCE PR0'~DING ~OR TE CONTRi~TION
_ .'-~.:~. PENSION· FUND 0F THE FIRE DEPAR~NT...~
BE IT 0RDAI~D by the Council 0f the City of Ba'~'~sfield,
~enew~' a fo~e~ membe~ of the Fire DopaPtment of
.._'. ~..~"'.~'~ ' ' f_
_. of. Bake~sfield...~e-ente~s the' service of said department, said..m~be~
and the City s~ll, respectively, pay in~o said f~d a. s~:~"of money
w~ Will-b~ing the..aCco~t of said employee in said retirement
.... f~d to the ·level it Mould have been had said emPloyee not left
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employ 02- ~e City. Said s~ mhall be in addition to the s~-sps'~fied
in She last paragraph of Section x77 (1S.) c of the Cha~'te~ of the
City?~.f Bakersfield. "~. -'
Said su~ to 'be so paid into said f~d by the City and b~'.'
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.t.he re-employed msmb'ev of the Fi~e Department shall be ~especti:wzly
computed actua.v~ally, which computation shall be presented to the
Pension Board of the' Fire Department fo~ approval; upon approval by
said' Pension Board, the auditor and the t~easu~er shall pay said'
s~s ~so app~ov.~d,.f~0m the funds of the City and 2~ 'the. salary of
Said membe~ so ~e-employed, ~espectively, in the ~e~ 'and withinTM
.- a pe~iod of tirae, as ~y be determined by actuarial computation and
_- approved by said Pension Bo~d.
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I HEREBY CERTIFY that the foregoing ordinance was duly
passed and adopted by the Council'of the City of Bakersfield at a
regular meetirLg thereof held on the ?th day of March .,
1960, by the following vote:
LFA ' 6 "'~!.~¥ "'."'"N.'K"~ COLL,"'R, CR~:S. ~)~O~IN, BTIERN,
AYES: BA .... ~ _--
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01t~ C~erk and Ex-OfFicio Clerk of the
Council of the City of Bakersfield.
APPROVED~'this ...?-1;1'~'.. day of March 1960.
Affii avit of losting ri nanres
STATE OF CALIFORNIA, ~
County of Kern~ ss.
MARIAN S. IRVIN, being duly sworn, deposes and says:
That she is the dul.v appointed, acting and qualified City Clerk of the City of Bakersfield; and that
the 8th day of March, 60
on ........................................................................................... ,19 ........ she posted on the Bulletin Board at
the City Hall, a fall, true and correct copy of an ordinance passed by the Counci~l of said City at a
the 7th day of March, 60
meeting thereof duly held on ............................................................................. ,19 ........ , which ordinance
was numbered ........... .1...2..8...1. ............... New Series, and entitled:
AN ORDINANCE PROVIDING FOR THE CONTRIBUTION
BY THE CITY AND BY RE-EMPLOYED MEMBER OF THE
FIRE DEPARTMENT TOWARD THE RETIREMENT AND
PENSION FUND OF THE FIRE DEPA~TMENTo
Subscribed and sworn to before me this
.' .day of .......... .Ma..r.c.h., ..................... , 19_6.__0._.
. '.~ : Notary Publicjn.". and for the County of Kern, St~e of California
RESOLUTION NO. 1-60
WHEREAS, a pension and retirement system has been'created
by the Charter of the City of Bakersfield providing for a retirement
fund and disability benefits to the members of the Fire Department,
which retirement fund is to be paid to members of said department
or their dependents as set forth in said Charter, and the amount
to be contributed by the City and by each member of said department"
is based upon an actuarial computation based upon the age of the
member entering the service of the City in said department, the
number of yea:~s anticipated in the employ of the department, and
the amount to be contributed by both the City and the employee to
allow a retirement benefit to be paid any member retiring after 20
years of service and the minimum age of 55 years, or at the compulsory
retirement age of 62 years, as the case may be, and
WHEREAS, there is provision in Section 175 (ll) C (5) which
permits a member who has discontinued his service with the City
to become agztn a member of the system, and requires a redep6stt
in the retirement Fund within a period of six months of an amount
equal to that which he withdrew, and which provides that his rate of
contr'tbutton For Futtme yea~s shall be the same as his rate prior to
the termination of his membership, and
WHEREAS, no provision has been made For any contribution by
either the City or the re-employed member of said department for a
contribution toward said Fund for the period during which said
re-employed member was separated from the service of the City, and
which under actuarial computation will permit a pension payment to
the retired e~loyee or to his dependents, at the rates set Forth
in the Cha~ter, and
WEEREAS, it is the desire of this Board that said discrepancy
be rectified by proper ordinance to equalize and maintain said fund
on a sound actuarial basis, by providing for a contribution to said
fund by both the City and the employee so re-employed to carry out
the intent and p~pose of the Charter and maintain said fund on
an actuartally sound financial basis,
NOW, THEREFORE, BE IT RESOLVED by the Pension Board for the
Fire Department that the Council is requested to pass an " ordinance
requiring the payment by both the re-employed employee in said
department and the City of a su~ payable monthly to be compute~-~.0n
an actuarial basis in order that said member of said system so
re-employed shall pay a proportionate amount into the fund which
will permit said member or his dependents to receive the amount set
OUt in the Charter.
00o ..........
I HEREBY CERTIFY that the foregoing Resolution was duly
passed and adopted by the Pension Board of the Fire Department at
a regular meeting thereof held on the 24th day of February, 1960.
Secretary o~ the"Pension B°~rd
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