HomeMy WebLinkAboutOrdinance No. 128 ORDINANCE NO. 128 -
PROVIDING ADDITIONAL SERVICE CREDIT TO ELIGIBLE
DISTRICTS' EMPLOYEES WHO RETIRE EARLY
AN ORDINANCE OF THE BOARD OF DIRECTORS OF
COUNTY SANITATION DISTRICT NO. 1 OF ORANGE COUNTY,
CALIFORNIA, PROVIDING FOR AN EARLY RETIREMENT
INCENTIVE PROGRAM BY GRANTING ADDITIONAL
SERVICE CREDIT TO ELIGIBLE DISTRICTS' EMPLOYEES
AS AUTHORIZED BY THE COUNTY EMPLOYEES
RETIREMENT LAW OF 1937, GOVERNMENT CODE
SECTION 31641.04.
WHEREAS, the Boards of Directors of County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7,
11, 13 and 14 adopted Joint Resolution No. 95-19 and Joint Resolution No. 95-53 approving an
Early Retirement Incentive Program for all eligible Districts' employees, as authorized by
California Government code Section 31641.04; and
WHEREAS, pursuant to the provisions of the Joint Ownership, Operation and
Construction Agreement by and among County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7, 11, 13
and 14, District No. 1 is the appointed authorized agent to act for every other District; and
WHEREAS, the Board of Directors of County Sanitation District No. 1, acting as agent
for County Sanitation Districts Nos. 2, 3, 5, 6, 7, 11, 13 and 14, adopted Ordinance No. 126 on
June 28, 1995, incorporating all of the same provisions as in Joint Resolutions Nos. 95-19 and
95-53; and
WHEREAS, the Boards of Directors of County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7,
11. 13 and 14 have determined that the manner of performing service, and the total cost
savings of having higher compensated employees retire and lower compensated employees
hired to replace the retirees exceeds the total actuarial cost of the additional service credit
granted to those who retire under this program.
NOW THEREFORE, the Board of Directors of County Sanitation District No. 1 of Orange
County, California, does hereby ORDAIN:
Section 1: All regular employees of the County Sanitation Districts of Orange County,
California, who are eligible to participate as members and retire under the Orange County
Employees Retirement System are granted two (2) additional years of service credit for
retirement benefit purposes, provided, they retire from regular employment of the Districts
during the period of January 12, 1996 through and including March 30, 1996.
1
Section If: The General Manager of the Districts is authorized to execute any and all
contracts or other documents and to transfer all required funds in order to implement the
authorized actions provided for herein.
Section III: The total cost savings of positions filled at a lower level or held vacant for a
period of time shall exceed the total actuarial cost of the additional service credit granted and
related paid leave pay-off costs.
Section IV: For a period of five years, or until such time as the full actuarially determined
cost is paid to OCERS, the Districts' Controller will conduct an annual postaudit to verify that the
savings exceed the actuarial and related costs attributable to the additional service credit, and
report the findings of that audit to the Finance, Administration and Human Resource Committee.
The first report will be presented during the fourth quarter of FY '96.
Section V: This ordinance shall become effective January 12, 1996.
Section VI: The Secretary of the Board shall certify to the adoption of this Ordinance
and shall cause a summary to be published in a newspaper of general circulation as the District
is required by law.
PASSED AND ADOPTED by the Board of Directors of County Sanitation District No. 1 at
a regular meeting held December 13, 1995.
Chairman, Board of Directo
County Sanitation District No. 1 of
Orange County, California
Secretary of o of vectors
County Sani tion trict No. 1 of
Orange County, Ca ifornia
2000-GX01
20361_1 2
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I, PENNY KYLE, Secretary of the Board of Directors of County Sanitation District
No. 1 of Orange County, California, do hereby certify that the above and foregoing
Ordinance No. 128 was passed and adopted at a regular meeting of said Board on the
13th day of December, 1995, by the following vote, to wit:
AYES: Pat McGuigan, Chair, James M. Ferryman, William G. Steiner
NOES: None
ABSTENTIONS: None
ABSENT: Mark A. Murphy, Thomas R. Saltarelli
IN WITNESS WHEREOF, I have hereunto set my hand this 13th day of
December, 1995.
Penny Kyle
Secretary oft Boar f Directors
County Sanitation District No. 1
of Orange County, California
J:�WTF 128