HomeMy WebLinkAboutRESO 4137• 'r
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RESOLUTION NO . 4137
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC
EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL
OF THE CITY OF PALO ALTO
WHEREAS, th e Publi c Employ ees' Retirem ent Law permits the
par ticipation of public agen cies and their employ ees in the Public
Emplo yees' Retirement System by the execution of a contract, and
sets forth the �-,cedure by which said p ublic agencies may elect
to subject themselves a nd thei r employees to amendme nts to said
Law; and
W HEREAS, one of the ste ps required in the procedure to am end
this co ntract is the a do ption by the legi sl ative body of th e
public agency of a re solutio n giving notice of the intention to
appr ove an a mendme nt to said contract, which resolution st' .all
c ontain a summary of the cha nges proposed in said contract.; and
WHEREAS, the follo wing is a summary of the prop osed chang es;
1. M onthly retir ement allowance s being paid on the eff ective
date of this a mendment to persons (or their beneficiaries)
who r etire d with credit for 20 or more years of servi ce to
this age ncy and whose allo wa nces we re ba sed m a five yea r
final compensation shall be increased for time be ginning
with the first da y of the ca lendar mo nth co incidin g with
or next follo wing the effective da te of this amendme nt.
Date of Rirement
June- 3I , 1951 or ear lier
July 1, 1951 thr ough June 30, 1952
July 1, 1952 to amendment date
Amount of Inc re ase
$25. 60
20.00
15.00
If retireme nt o ccurred within the spec ifie d date s and
c re dited ser vic e was leas than 20 yea rs, the incr ease shall
be in the same pr oportion to the above specified amount as
the year s of credite d se rvice bear to twenty. Inc rease s
gran ted under this para gr aph shall be in addition to any
prio r increa ses.
2. Retirement a llo wances paya ble for time comme ncing on the
fir st day of the ca le ndar month coinciding with or next
following the e ffective date of this amendme nt to or on
a cc ou nt of any member who retir ed on cm. pr ior to July 1, 1956,
ar e hereby increased by $10. 00 a month plu s a percentage
va rying accor ding to date of r etirement and ye ars of
service to a max imum of 5%.
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3. Retireme nt allow ances payable for tim e comm encing on th e
first day of the calend ar m onth c oi nciding with or next
following the effecti ve date of this amendment to or on
ac count of any person whose retirem ent bec ame effective
on or prior to December 31, 1961 are hereby increased
according to a sliding scale rangi ng fr om tw o percent
for th ose wh os e r eti rement bec am e effective d uring the
eighteen months endi ng December 31, 1961 to a ma xim um
of ten percent f or those wh ose reti rem ent b ecame effective
July 1, 1957 or ea rlie r but not to exceed the sum of $50
per month, as p rovided in G ov ernm ent Code Se ction 21251.6
added by Chapte r 2099, Stat utes of 1963.
NOW, THEREFORE, the Council of the City of Palo Alto does
RESOLVE as follows:
SECTION 1, That the City Council of the City of Palo Alto
gives, and it does he reby give notice of intenti on to appr ove
an amendment to co ntract between s aid City C ouncil and the
Bo ard of Administr ation of the Public Employees' Retirement
System, a copy of sa id amendment being attached heret o, marked
EXHIBIT A a nd by this re fer ence made a part ut ere of .
INTRODUCED AND PASSED: July 1, 1968
AYES: Arnold, B eahr s, Berwald, Clar k, Co mstock, Dias, Gallagher, Gullixson,
P ea rson, Spaeth
NOES: No ne
ABSENT: Wheatle y
APPROVED:
CERTIFICATION
I hereby certify that the forego ing is a tr ue a nd correct
copy of a Re solution adopted by the City Council of the City
of Palo Alto on M on da y, July 1, 1968, the o riginal of which
is on file in the Office of the City Cler k of the City of Palo
Alto .
City Clerk
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• EXHIBIT A
A;#!:. .till'£ TO c •;si?iCT D�r:�j:i TH3
$f?r;aD OF A! - .'"i i _4 T:r:l
AND T'iiS
CITY . Cc=2 :CIL
OFTiai
CITY frF ?ALC ALTO
The Eoa rd of Adninistr ati oas 'ublic F:;eloy.e3.* neti rul antSystaFts heretr.aftoi
re ferred to as c rds and the CI? CC.J CIL of the CITC 67 PLO ALTO, t.crair .:}ftsr re-
ferr ed tom= as ?alto .' •.1;: ey ::aria; entered into a c.ntr 'act under dat e of ;:a rch 9, 1942,
a ffective Jar: c / is. 1942, cwi rs anended effective January 1, 3543s April 1, 194:9,
Jan asry is 1952s J:tly 1, 1954, Febr:arf 1, 1955, a .d :iave7Z er 1, 1964, l aich pr ovides
for p rticimtion of 't:blic. Azeney in s aid Systey.s toad and ? ublic Aze:tcy Lercby
see as fa ll.owa:
A. Pera•-ra As 1 thr o°:tab 16 are h .trcby a triccca from said can tract to caec'..tcd
efft~ctivo .*an,:a y 1, 1942, a::1 as a=.c:.4ed efr octi vo .Ja nuari 1, 1943s April
1, 1?L9, JP r:u a ry 1, 1952, July- 1, 1954, r ebr.:c 7 1, 1956, ard o y r_: is c:: 1,
1964, :tnd a re he reby r epleced by the foli-.r1 ,; p razraptse au rel 1 t:tr3ttw
11. ikrtclu-hivo :
1. All Imrds and te rra used here in u!:icb arc defi::cd in tha . xblic
Eheloye_sf .:,oti. ro`on t Law stall have •tle -. aaia" as defined thcr' is
unless of:'.c r-r; e3 sp •':or_m1 retie :oat ese*
sha ll :eon 8:10 61 for r'.iscellaz-isou s a:.d aye 55 f or lo cal
sa fety . rren bors. -
S. ? blic r. �3ac r ohAll participate in the n4bl.ic Mes* ': e..i e: ro t
lo, V ~ Za • . ., . •.
Syst :- froA an d art -.:r Jan uary is 194:2, rids-:; its e-.'31o7eeo a taro -
loaner provided, mac- :i r3 of said System s:b jec t to alt nr ovisio-
of the ?iblic av1o ;-ec3' ?�tir eten t La e except, such as appl„- only on
election or a cnrtr ctin2 a:-.:emy a nd are not orov idcd for .her oin e.:Id
to all acte nd.r.ents to said iaa : i rca ter e: actej except 3:ch es by
empr ess provision ther eo f apply only as the eloction of c:+ :tracti::g
atere s.
j. E-rloyeos of Pt:blic Ace c7 in the fo llo w•in classes and ro :.ps
shall become r g. :bcrs of .:a id Set; r seat !Vote:: ote:.: except t:.osa•1 n
ea ch a•:c h cuss a d i oL) Vt.° a re ezclnd ed by 1�,w o: t: -.1s azyeoments
a. Loca l lire :ea (her ein refar viol to 83 loc al 3afetj : �e=:. er s) i
b. Loc al po licc on (hore ia "re fe rr ed to as local sa:etJ rz..kers);
. 8. Son cyace other thoc. 144;11 act ra-ters (he rein referr ed to
as niscolla.ta ai s nenbur s),,
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la addition to th2 e ..2Io yuo a earl led froze nefl orah.0 by se1d ietir e-
oat lay, t:.o f, 10 :^. : e:•. •lo; ees s:a11• n ot tcccr a .=3r.:. er s flip the
itstire:ent 3y3ten:
• EXCLfl s ? : c: S Cc:':' :rtee c.D C.; L i iir,;i:'.LY
BASIS HI= c.i ca Amp. 1, 1964
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• Wet. Fors 702-1
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the fraction of tirol cc::;)easation to be preAlled for each year of
credited cerv,ea cs r risco11t.r cous im:be r ' .Qon retireycnt at normal
rotirerent kiss sh all be 1/60 and sh all be applied a,, p rovided in
Sect:On 212 ,1 .1 of said iAiroaant Lay.
5. Tho tr action of final com?onsst1on to be provided fo r each year of
credited cervico ra a 1:cal caret; re, ber c::all be c_'ote.m. i ed in
accorOnnco with Section 21252.a of said Pettrr onent Law.
6. rereflts on . cc: unt of ; rior servic3 a -all be 1OQ of the fr action
of final c:+:)oN =;tion 5?ccifioi fo r riscellanc is : e.:bars in Para- •
graph t, above, bait conputed in accorda nce with Section 21253 of
said retirement Lei end for local has etf mo:ters sh all be 1)'J,
al' the fraction catablia%ed in accordance with : era ratih 5.
7. Contr ibutions for niacelloneous and local safety r, a;burrs s all be
subject to Sections 20601 and 206'.5 of said teti re::ont Lay
relyesct ivol +'.
8. T a followinc additio na l pror; si o ns of the Publi c Dn2loyeess etire-
i dnt Law which apply on ly u •0:i election of a coat : acting aecnc
shall a pply to tho Public A encf a nd its e: ;,1oyees3 -
a. Section 200214. 01 (ef; " final c o7p ereatio a" on t`.e heels of
a perio d of .nee► ca secutiv a fears).
b. Section 212r3(b) Or:vidit ire« . t allowan ce of
87?J.OI per rear under certain onaditioas).
C. Section 21357.51 (roviui-g a
after reti:•r=eat).
d. Section 20025 Cro v der„ *`cr iaclu
1init in computatio ns ;:tern ca oensa
0. Section t)752. 5 (0rovi
setir a eat age Cor loc al ca
coo rc t r.; pr ior to a im 55 a
#. Section 2]304.5 (arovil'i to
bate a re. receiv e curreat cervic
prior to as:-.b,{:ship).
b.
=!4r) 41. death bene_it tipe a death
pens;
a :actor
o ,' a the iai'F vclt.:rt arf
with V_a:etit ?ay7.ecte
eat to sct. r ial disc o'u;t).
by aen bers to centri-
tho eurvico read red
Section 23334. 1 (providing for cr editi::a prior seri!ca cot o thers
v ise cr..:stable %hea the : e . ter has la or :core yeara of current
•trv ice).
Section 22251.!; (providing for increase s in allow ances payable
for time cti ws-ciaj on the rirat day of t1 e. c le. . der act; t4 coin.
swine w t .w.• r..xt follo:r;, y the o:.ectt ar.`date of this .'.er4.
n ea t to aarsa.3 retired on and prior to Jul - 1, 1:5L).
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Bet. 7or,, 732-2
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Section 212;51 .S (providinz for i ncreases in allowances payable
for time co: =: e ci ng on the :irst day of the calendar month
coinciding w ith o2 ne xt follol.ri!z the effective date or this
s. er%d aent to perso na retired on and ;Prior to 4.47 is 1956).
3. Section 212;;1.6 0 - 'iiding for increa see in allowances payable
f or time coy: encirg on the first day of . t .c calendar month
coinciding with or next following the of:activ e date of this
saor&ont to pe rso ns r_tir et prior to .3.n, .. : ry 1s -i962).
9. Public Afenv ;hall contribute to said . '.eLirenent Syste * as tolloast
'lath respect to miscellaneous ne5lberss the city shall contribute
the follow ing per contazas of monthly sal aries earned as misc el-
laneou s rmber e of said ;,ratent
(i) perc ent until irecwi3er 31s /931 on aceo:w.t cf t::o
liability for prior service benefits.
percent on aecou nt of the lied
e benefits.
for current
b. With res pect to local safety ne.aberss the cit; shall c' tribta
the fo lio ; ir.; pe rcentnes of rat.« Id sa?cries .ed as l ocal
sa fety -41,--,ber e of said 3;hear
(1)
per cen t u ntil iecenber 31s 1931 +crz account of em
ty for prior service benefits.
perce nt on accou nt or the lia bt
ben efits.
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e. A a per arras as fixe d by Board to cove. tear
cos ls sxt` odni aiste rin 4 sa id 3yeto a as it affects t eovaoyees
of Pub 3.ic Agoacys rot i:uindin., ^ t::o casts of special value :3
-or o fr ' !. a periodica l invostt -atlon and valua tion :a vi- ed by
lave provided tha t aid a:.:ourit shall ba da ter i, e ri on the basis
sr the n nber Or e rimy' e3 of Ubl+ a h react : o are : orted
as me=bers on a payr oll to be c 3ijnated by the system covering
one month of each year or w•itb respect to t.:e first year of
par ticipations on the affective date of =a id pmrticieatia a.
d. 1 reas onable a.-.o:zn t as tix s4 by the Boards pay bin to one install.
meet as the o ccssiv: s arises to cover casts of epcoial va l: t,iore
ea acco unt a 31o, -sea of ." bltc Agen cy anti mats of t koi 0erio'J•
Leal inve st it w+tier; and valuation re quire d by law.
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10. Cont ributions required of Public i .Zency and it s employees shall be
s ubject to c3 ust:..ert by Board on accc,:z nt of R-u ndisents to the P ublic
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E l oyee:0 :,e i cm:'nt Law, and on eceeu nt of the ex; .o ie:lce unde r •
the Rotirc -ent Syste , as Bete, ::ir+ed b,, the p.:riodical in vtstication
and valuation re: aro3 by s aid "etiro. snt Law .
3.1. Contrib utions roc fired of Public :.;,-ency s ad its enployoes shall be
paid by ;'a: .1ia ..t: e::cy to the R etire:: -Ant 33te: •a within thirty d ais
-after the end of the period to w:•ich said c oniri b.:tiers refer. If
more or leas than the c orr ect cont, of contribution t p aid for
spy period, proper adjust ment shell be made in connection with
subaoqu' nt rr:r:itt.arces, cr ed j;as tints on accaant of errors in
eon tribAions required or any c plofee ray be m ade by direct cash
payments bet:•oan the employee a d :c ard. ?a f::ents by P ublic Ace ncy
to £•oatd ma y be fade in tho form of w arra nts, ba nk checks, ba nk
drafts, cer tified checks, money ordors, or cash .
86 This a er.d,ent shall bocoa:e effective on tho day of
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LARD 0? ei:•:iSIST!:AI'I0:1
PUBLIC • r I;r=.
Rte.• 4
3Y
�'iliia : �. • 're :. xec ':tivi Officer
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CITY COUNCIL
OF 'ZEE
CITY c+f PALO ALTO
sr -3 ... a: . k4
Pres idin :. ,heel
a y�T L. •�
Atte; +;s i t� j� d'
6 i
Clerk
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