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HomeMy WebLinkAboutORD NO 2302ORDINANCE NO. 2302 NEW SERIES AN ORDINANCE OF THE COUNCIL OF THE CITY OF BAKERSFIELD AUTHORIZING AMENDMENT TO THE CONTRACT BETWEEN THE CITY OF BAKERSFIELD AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM CONCERNING PROVISION FOR 15% INCREASE IN ALLOWANCES TO OR ON ACCOUNT OF CERTAIN MISCELLANEOUS MEMBERS RETIRED OR MEMBERS DECEASED PRIOR TO JULY 1, 1971. BE IT ORDAINED by the Council of the City of Bakersfield as follows: SECTION 1. That an amendment to the Contract between the Council of the City of Bakersfield and the Board of Administration, California Public Employees Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A," and by such reference made a part hereof as though set out in full. SECTION 2. That the Mayor of the City of Bakersfield is hereby authorized, empowered and directed to execute said amendment for and on behalf of the City of Bakersfield. SECTION 3. That this ordinance shall become effective thirty days from and after the date of its passage. .......... o0o .......... I HEREBY CERTIFY that the foregoing ordinance was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on the 29th day of November, 1976, by the following vote: CITY C~an E.x~ Cler.k of the Council of the Cit~/of Bakersfzeld 1976 APPROVED as to form: C%TY ATTORNEY of of Bakersfield A~E~D~ENT BO~%~RD OF ADML~IISTP~TION PUBLIC ~¥PLOYEES PJE'r_u%E~,~"NT ;d~D THE CI~£ COUNCIL OF ~HE CItY OF B~-,.t{SFI~LD The Board of Adm~ n~ stration, Biblic Employees, Retirement System~ hereinafter referred to as Boardr and the CITY COUNCIL of the CITY OF BAKERSF~LD~ hereinafter referred to as P~blic Agency~ havi~ entered into a contract under date of July 17~ 19~+, effective July 1~ 1944~ and as amended effective January 1, 1950, November 1~ 1957, October 1~ 1958, Apri~ 1~ 1965, October 1, 1967~ January 1~ 1971~ june 26~ 1972, January 22, 1973~ '~'[~y 23~ 1973~ September 16~ 1973~ and February 1~ 197~ ~fnich provide for participation of Public Agency in said System, Board and Public. Agency hereby agree as follows: ~e following subparagraph sha]l be added to Paragraph 8 of said contract: Section 21222.6 (providing for 15% increases in allowances payable 8.(e) i'or time co.~menc.ing on the first dgy of the cal'endar mo~th coincid- '~:ng ~:ith or next follo~n~ the effective date of tki$ ~umendment or prior 'to ~n!y I, 197t). Bo Paragraph 8.5 sb~]] be added to said contract: Pablic Agency, in accordance with Section 2o7~0, Government Code, shall cease to be an ,,employer,, for ~rposes of Chapter 6 of the Public Employees' P~tirement Law effective as of the effective date of this amendment to this contract. Accumulated contributions of the Public Agency as of the date of such amendment shR]~ be fixed and determined as provided in Section 20759~ Gover.oment Coder and such accumulated contributions and contributions hereafter made shall be held by the Board as provided in Sectio~ 20759~ Government ~ode. C. Paragraph 9 (a) sh~11 be stricken from said contract a d the follo~g paragraphs sh~] i be substituted therefor: 9- Public Agency sh~]l c~ntribute to said Retirement ~ystem as follows: With respect to ~iscellaneous members, the .l~O~c Agency shall contribute the following percentages of mont~hly salaries earned as misce]]=neous members of said System: (1) 0.565 percent until Ju~e 30, 1980 ~ account of the lia- bility for prior service benefits. (2) 9.328 percent on account of the lia i]ity for current service benefits. (3) 0.168 percent on account of the liatil~ty for the 1959 Su~-~ivors program. Ret. Form 702-1 · (4) 0.~00 percent for five (5) years from September 16, 1973 to provide the benefits under Section 21222.1 of the Govern- ment Code. T~ amendment shs]] be attached to said contract ~ud shsd]. become effective on the day of . Witness our hands this day of , BOARD OF AD,~,~ISTRATION ~JBLIC E~,~LO~' EET!RE2fiENT SYSr~ DY Carl J. Blechinger~ Executive Office~ crIT COUNCIL OF THE CITY OF I~r~'ding 0 f/i~er Clerk Approved as to form: Ret. Form 702-2 Aff av of osfing rh nan es STATE OF CALIFORNIA, t County of Kern ss. H. E. BERGEN, being duly sworn, deposes and says: That he is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and that o~ .........................?...e...~..e...~.~..e...r...._~. ...............................................................19._~.~. he posted on the Bulletin Board at the City Hall, a full, trne and correct copy of an ordinance passed by the Council of said City at a meeting thereof duly held on ........... .~..o...y.~_~...b..~.~'......2...~ ................................, 19...~_6...., which ordinance was numbere~ ....... ~.~.~.~ ..................New Series, and entitled: AN ORDINANCE OF THE COUNCIL OF THE CITY OF BAKERSFIELD AUTHORIZING AMENDMENT TO THE CONTRACT BETWEEN THE CITY OF BAKERSFIELD AND THE BOARD OF ADMINISTRATION OF THE CALIFOI~IA PUBLIC EMPLOYEES RETIREMENT SYSTEM CONCERNING PROVISION FOR INCREASE IN ALLOWANCES TO OR ON ACCOUNT OF CERTAIN MISCELLANEOUS MEMBERS RETIRED OR MEMBERS DECEASED PRIOR TO JULY 1, 1971. Subscribed and sworn to before me this .... ~.~.(~....... day of. ~..~nLl~.er ............................19..~.§.