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HomeMy WebLinkAboutRESO7363RESOL RESOLUTION OF INTENT OF PALO ALTO TO APP BETWEEN THE BOARD EMPLOYEES' RETIREME ALTO (P UTION NO. 7363 ION OF THE COUNCIL OF THE CITY ROVE AN AMENDMENT TO CONTRACT F ADMINISTRATION OF THE PUBLIC NT SYSTEM AND THE CITY OF PALO OLICE NON -MANAGEMENT) WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendment to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and change: RESOLVE WHEREAS , the following is a statement of the proposed To provide Government Code section 20615.5 (Discontinuing employer paid member contributions during the final compensation period and increasing members' pay rate) for employees represented by the Palo Alto Peace Officers' Association of the City's safety -members. NOW, THEREFORE, the Council of the City of Palo Alto as follows: does SECTION 1. The City Council of the City of Palo Alto does hereby give notice of intention to approve an amendment to the contract between the City of Palo Alto and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. P t SECTION 2. The City Council finds that this is not a roject under the California Environmental Quality Act, and herefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: October 17, 1994 AYES: ANDERSEN, FAZZINO, RNISS, MCCOWN, ROSENBAUM, SCHNEIDER, WHEEL.ER NOES: ABSENT: HUBER, SIMITIAN ABSTENTIONS: 1 941011injp 0031038 ATTEST: City Clerk APPROVED AS TO FORM sexa-C-4-0—&—LA) enior Asst. City Attorney Dir to of Human Resources 2 941011 mjp 0031038 EXHIBIT "A" AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF PALO ALTO The Board of Administration, Public Employees' Retirement System, hereinafter referred to as "Board" and the City Council of the City of Palo Alto, hereinafter referred to as "Public Agency", having entered into a contract which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraph B is amended to read as follows: Public Agency elects to be subject to Section 20615.5 (Discontinuing employer paid member contributions during the final compensation period and increasing members' pay rate) for: Percent Increase Member Category in Compensation Local miscellaneous employees represented by Local 715, SEIU, AFL-CIO, CLC Local miscellaneous employees in the Management and Confi- dential group "Local Police" employees in the Management and Confidential group "Local Fire" employees in the Management and Confidential group 7% 7% 9% 941012 rail) 0031040 1 • B. This amendment shall be effective on the day of , 1994. BOARD OF ADMINISTRATION PUBLIC EMPLOYEE'S RETIREMENT SYSTEM CITY OF PALO ALTO CITY COUNCIL OF THE By: By: Chief, Contract Services Division Mayor Public Employees' Retirement System ATTEST: City Clerk 2 941012 icjp 0031040