HomeMy WebLinkAboutOrdinance No. 131 ORDINANCE NO. 131
PROVIDING ADDITIONAL SERVICE CREDIT TO ELIGIBLE
DISTRICTS' EMPLOYEES WHO RETIRE EARLY
AN URGENCY 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 of Orange County, California 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 of Orange County, California, 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, 1, 13 and 14 of Orange County,
California, adopted Ordinance No. 128 on December 13, 1995, incorporating all of the
same provisions as in Joint Resolutions Nos. 95-19 and 9553; and,
WHEREAS, the Boards of Directors of County Sanitation Districts Nos. 1, 2, 3, 5,
6, 7, 11, 13 and 14 of Orange County, California determine that a change in the manner
of performing service, or the total cost savings of having higher compensated
employees retire and lower compensated employees hired to replace the retirees is
expected to exceed the total actuarial cost of the additional service credit granted to
those who retire under this program by affording additional service credit is in the best
interests of the Districts.
NOW, THEREFORE, the Board of Directors of County Sanitation District No. 1 of
Orange County, California, does hereby ORDAIN:
Section 1: Pursuant to the authority set forth in California Government Code
Section 31641.04, all regular employees of the County Sanitation Districts of Orange
County, California, who 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 July 24, 1996 through and including July 30, 1996.
Section 2: 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 3: 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 post-
audit 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,
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31930j 2
Administration and Human Resources Committee. The first report will be presented
during the fourth quarter of Fiscal Year 1996-97.
Section 4: Districts shall pay the actuarially determined cost of this early
retirement incentive program over a period not to exceed five (5) years and on such
other terms and conditions as shall be set forth in a mutually agreed upon written
contract between the Districts and the Board of Retirement of the Orange County
Employees Retirement System.
Section 5: This Ordinance is enacted as an Urgency Ordinance in order to
allow for the processing of additional service credit to those eligible Districts' employees
retiring subsequent to March 30, 1996, who were not eligible for the previous retirement
incentive.
Section 6: 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 July 24, 1996.
Chairman, Board of Directft
County Sanitation District No. 1 of Orange County,
California
ATf
:,Iew�
Secretary of Bo�n d of Directors
County San tior strict No. 1 of
Orange County, California
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31939_1 3
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. 131 was passed and adopted at a regular meeting of said Board on the
24th day of July, 1996, by the following vote, to wit:
AYES: Pat McGuigan, Chair, James M. Ferryman,
Thomas R. Saltarelli, Roger R. Stanton
NOES: None
ABSTENTIONS: None
ABSENT: Mark A. Murphy
IN WITNESS WHEREOF, I have hereunto set my hand this 24th day of July,
1996.
i
Penny Kyle
Secretary of Bo of Directors of County
Sanitation District No. 1 of Orange County,
California
JAWPDOGW D19 N.131