HomeMy WebLinkAboutOrdinance No. 132 ORDINANCE NO. 132
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 No. 1, 2, 3, 5, 6, 7, 11.
13 and 14 adopted Resolution No. 95-19 and 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 Resolution Nos. 95-19 and
95-53; and
WHEREAS, the Boards of Directors of County Sanitation District 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 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 I: 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 1, 1997 through and including March 31, 1997.
Section Il: 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: 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 V: This Ordinance shall become effective January 1, 1997.
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 October 23, 1996.
Chair of the Board of Directqrs
County Sanitation District No. 1
of Orange County, California
ATTEST:
Secretary of t a f Directors
-County Sanit n s I No. 1
of Orange County, alifomia
J:IWPD0C1BMRDW 0RD132.WPD
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. 132 was passed and adopted at a regular meeting of said Board on the
23rd day of October, 1996, by the following vote, to wit:
AYES: Pat McGuigan, Chair, James M. Ferryman, Mark A. Murphy,
Thomas R. Saltarelli, William G. Steiner
NOES: None
ABSTENTIONS: None
ABSENT: None
IN WITNESS WHEREOF, I have hereunto set my hand this 23rd day of October,
1996.
'Penny Ky
Secretary to lhe Bard of Directors of County
Sanitation District No. 1 of Orange County,
California
J:W PDOCWTORMSWTWA 32