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HomeMy WebLinkAboutORD NO 4638ORDINANCE NO. 4 6 3 9 AN ORDINANCE OF THE CITY OF BAKERSFIELD ADDING CHAPTER 2.85 TO THE BAKERSFIELD MUNICIPAL CODE RELATING TO PENSION BENEFITS. BE IT ORDAINED by the Council of the City of Bakersfield as follows: SECTION 1. Chapter 2.85 of the Bakersfield Municipal Code is hereby added to read as follows: Chapter 2.85 PENSION BENEFITS 2.85.010 Definitions. 2.85.020 Pension benefits for public safety employees. 2.85.030 Employer paid member contribution (EPMC). 2.85.040 Amendments. 2.85.010 Definitions. A. As used in this chapter, "public safety employee" means any sworn police or fire safety personnel hired on or after January 1, 2011 and who has successfully completed his/her probationary period. B. As used in this chapter, "EPMC" means Employer Paid Member Contribution as that term is defined by CalPERS on the effective date of this ordinance. 2.85.020 Pension benefits for public safety employees. Effective January 1, 2011, a public safety employee will be eligible for a maximum retirement allowance with the Board of Administration of the Public Employees' Retirement System (PERS) at a 2% at age 50 formula based on his/her average salary calculated over 36 highest paid consecutive months. C:\DOCUME-1\rgafford\LOCALS-1\Temp\XPgrpwise\2.85 PensionsCombo.doc Page 1 of 3 Pages K 2.85.030 Employer paid member contribution (EPMC). Effective January 1, 2011, a public safety employee shall pay 100% of their member contribution to the Public Employees' Retirement System (PERS). 2.85.040 Amendments. Chapter 2.85 was adopted by the voters of the City of Bakersfield on November 2, 2010 and therefore, may only be changed or repealed by a vote of the People of the City of Bakersfield. SECTION 2. This Ordinance shall be posted in accordance with the California Elections Code and shall become effective ten (10) days after the date of its passage. --00000-- C:\DOCUME-1\rgafford\LOCALS-1\Temp\XPgrpwise\2.85 PensionsCombo.doc Page 2 of 3 Pages Ok-b O f- r ir, r-) P, 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 DEC 15 2010 , by the following vote: AYES' COUNCILMEMBER CARSON, BENHAM, WEIR, COUCH, HANSON, SULLIVAN, SCRIVNER ES: COUNCILMEMBER A Q K\Q ABSTAIN: COUNCILMEMBER ABSENT: COUNCILMEMBER 44-ck- ROBERTA GAFFORD, C CITY CLERK and EX OFFICIO CLERK of the Council of the City of Bakersfield By: HARVEY L. HALL Mayor APPROVED AS TO FORM: VIRGINIA GENNARO City Attorne V GINI GENNARO City Attorney VG:Isc C:\DOCUME-1\rgafford\LOCALS-1\Temp\XPgrpwise\2.85 PensionsCombo.doc Page 3 of 3 Pages ~,axFq C)- 4-n m -PiPIP AL APPROVED: DEC 1 5 2010 AFFIDAVIT OF POSTING DOCUMENTS STATE OF CALIFORNIA) ) ss. County of Kern ) ROBERTA GAFFORD, being duly sworn, deposes and says: That she is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and that on the 20th day of December, 2010 she posted on the Bulletin Board at City Hall, a full, true and correct copy of the following: Ordinance No. 4638, passed by the Bakersfield City Council at a meeting held on the 15th_day of December, 2010 and entitled: AN ORDINANCE OF THE CITY OF BAKERSFIELD ADDING CHAPTER 2.85 TO THE BAKERSFIELD MUNICIPAL CODE RELATING TO PENSION BENEFITS. ROBERTA GAFFORD City Clerk and Ex Officio of the Council of the City of Bakersfield By: 0z"A44 9-1-~ DDEP)fTY City Clerk SADOCUMENIIFORMS\AOP.ORD.wpd ni t- r- a Q