HomeMy WebLinkAboutRESO 9375RESOLUTION NO. 9375
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO ELECTING TO BE
SUBJECT TO SECTION 22893 OF THE PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL
CARE ACT WITH RESPECT TO MEMBERS OF PALO ALTO POLICE MANAGEMENT
ASSOCIATION TO ESTABLISH A HEALTH BENEFIT VESTING REQUIREMENT
FOR FUTURE ANNUITANTS
WHEREAS, (1) Government Code 22893 provides that a local agency contracting under
the Public Employees' Medical and Hospital Care Act may amend its
resolution to provide a post retirement vesting requirement to employees
who retire for service, and
WHEREAS, (2) City of Palo Alto is a local agency contracting under the Act for
participation by members of the Palo Alto Police Management Association
and
WHEREAS, (3) City of Palo Alto certifies, certain employees are represented by a
bargaining unit and subject to a memorandum of understanding, and
WHEREAS, (4) The credited service for purposes of determining the percentage of
employer contributions shall mean service as defined in Section 20069,
except that not less than five years of that service shall be performed
entirely with the City of Palo Alto and
WHEREAS, (5) The contribution for active employees cannot be less then what is defined
in Section 22892(b); now, therefore be it
RESOLVED, (a) That the employer's contribution for each annuitant first hired on or after
the effective date of this resolution shall be the amount necessary to pay
the full cost of his/her enrollment, including the enrollment of family
members, in a health benefits plan or plans up to a maximum of 100
percent of the weighted average of the health benefits plan premiums for
employees or annuitants enrolled for self alone plus 90 percent of the
weighted average of the additional premiums required for enrollment of
family members in the four health benefits plans that have the largest
number of enrollments during the fiscal year to which the formula applied,
plus Administrative fees and Contingency Reserve Fund, and be it further
RESOLVED, (b) That the percentage of employer contribution payable for post retirement
health benefits for each annuitant shall be based on the employee's
completed years of credited service based upon Government Code
Section 22893; and be it further
RESOLVED, (c) That City of Palo Alto has fully complied with any and all applicable
provisions of Government Code Section 7507 in electing the benefits set
forth above; and be it further
RESOLVED, (d) That coverage under the Act be effective on December 1. 2013.
VESTING NEW PERS BY GROUP 100/90 Revision November 2012
Adopted at a regular meeting of the Palo Alto City Council at 250 Hamilton A. venue, Palo Alto,
California this 28th day of October, 2013.
Signed:
~i1/C1 J;~V J1ftJy Clerk
Approved as A, ~~
Deputy City Attorney ~
Attest:
INSTRUCTIONS
VESTING NEW PERS BY GROUP 100/90 Revision November 2012
This resolution is the approved form designated by the Public Employees' Retirement System. It
should be used by a Public Agency which is contracting for coverage under the Public Employees'
Medical and Hospital Care Act when the agency desires to provide a post retirement vesting
requirement to future annuitants as authorized by Section 22893 of the Government Code.
If the resolution (RESOLVED) is filed on or before the tenth day of any month, it will be effective on
the first of the following month (date stamped as received in the office of the Board of
Administration, Public Employee's Retirement System, 400 Q Street, P.O. Box 942714, Sacramento,
CA 94229-2714)
Persons retired prior to this effective date are not affected by this vesting agreement. Please submit a
copy of the appropriate agreement or MOU(s) with the vesting resolution.
WHEREAS, (2) should be completed with full name of the contracting agency and recognized
employee organization.
WHEREAS, (3) (choose the appropriate paragraph)
WHEREAS, (3) should be completed with full name of the contracting agency.
WHEREAS, (4) should be completed with full name of the contracting agency.
RESOLVED, (c) should be completed with full name of the contracting agency.
RESOLVED, (d) should be completed with the date the coverage is to become effective.
Because resolutions serve as our legal contract, we require the original resolution, certified
copy with original signatures, or a copy of the resolution with the agency's raised seal.
For resolution processing, deliver to the following:
Overnight Mail Service
California Public Employees' Retirement System
CASD, Contract & Membership Services Section
400 Q Street
Sacramento, CA 95811-6210
Regular Mail
California Public Employees' Retirement System
CASD, Contract & Membership Services Section
PO BOX 942714
Sacramento, CA 94229-2714
The certification shown following the resolution is to be completed by those individuals authorized to
sign for the Public Agency in legal actions and is to include the name of the executive body; i.e. Board
of Directors, Board of Trustees, etc., the location and the date of signing.
VESTING NEW PERS BY GROUP 100/90 Revision November 2012