HomeMy WebLinkAboutOCSD-16 EXPIRED
03131/2002
ORDINANCE NO. 00SD-16
AN ORDINANCE OF THE BOARD OF DIRECTORS OF ORANGE
COUNTY SANITATION DISTRICT PROVIDING FOR AN EARLY
RETIREMENT INCENTIVE PROGRAM BY GRANTING
ADDITIONAL SERVICE CREDIT TO ELIGIBLE DISTRICT
EMPLOYEES, AS AUTHORIZED BY THE COUNTY
EMPLOYEES RETIREMENT LAW OF 1937, CALIFORNIA
GOVERNMENT CODE SECTION 31641.04
WHEREAS, the Board of Directors of Orange County Sanitation District has previously
adopted Resolutions and Ordinances approving Early Retirement Incentive Programs for all
eligible District employees, as authorized by California Government Code Section 31641.04; and
WHEREAS, previously adopted Incentive Programs were, as provided by law, for a fixed
period of time, each of which has now expired; and
WHEREAS, Districts Management has reported to the Board the desirability of
implementing a further Early Retirement Incentive Program due to the implementation of
changes in the manner of performing District services and the savings of money and other
economic benefits that will flow to the District by the retirement of eligible employees; and
WHEREAS,the Board of Directors has determined that changes in the manner of
performing District services, and the total cost savings of having higher compensated employees
retire early,will exceed the total actuarial costs of the additional service credit granted to those
who retire under this Program.
NOW, THEREFORE, the Board of Directors of Orange County Sanitation District does
hereby ORDAIN:
Section 1: California Government Code Section 31641.04, as a component provision
of the County Employees Retirement Law of 1937, is hereby adopted and deemed applicable to
all regular, full-time employees, by the Board of Directors, upon the adoption of this Ordinance.
Section 2: All regular,full-time employees of the Orange County Sanitation District
who are eligible to participate as members and retire under the Orange County Employees
Retirement System, shall be granted two (2)additional years of service credit for retirement
benefit purposes, provided they retire from regular employment of the District during the period
of January 18, 2002 through and including March 31, 2002.
Section 3: The General Manager of the District, or his designee, is authorized to
execute any and all contracts or other documents, and to transfer all required funds to the
Orange County Employees Retirement System, in order to implement the authorized actions
provided for herein.
Section 4: The total cost savings resulting from the retirement of employees in
positions which are subsequently filled at a lower level, or when the position is held vacant for a
period of time, shall exceed the total actuarial cost of the additional service credit granted to
those employees who retire, together with the related paid leave payoff costs.
Section 5: District shall pay to the Orange County Employees Retirement System 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 District and the Board of Retirement of the Orange
County Employees Retirement System.
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 required by
law.
PASSED AND ADOPTED by the Board of Directors of the Orange County Sanitation
District at a regular meeting held December 19, 2001.
Orman ke red , ir, Board of Directors
Orang unty Sanitation District
ATTEST:
Penny Ky , Secretary o he Board of
Directors, range Coun Sanitation District
*O
ThomasWoodruff, General C nsel
G:\wp.dWydminSS\Ordinan.a O01\OCSO 16-EadyRet.doc
STATE OF CALIFORNIA )
)SS.
COUNTY OF ORANGE )
I, PENNY M. KYLE, Secretary of the Board of Directors of Orange County
Sanitation District, do hereby certify that the above and foregoing Ordinance
No. OCSDA 6 was passed and adopted at a regular meeting of said Board on the 19t'
day of December, 2001, by the following vote, to wit:
AYES: Norm Eckenrode, Chair; Mike Alvarez; Connie Boardman; Brian
Brady; Guy Carrozzo; Alberta Christy; Brian Donahue; Michael
Duvall; James M. Ferryman; Alice Jempsa; Tony Kawashima; Beth
Krom; Mark Leyes; Shirley McCracken; Roy Moore; Joy L.
Neugebauer; Russell Patterson; Anna L. Piercy; Tod Ridgeway;
Gerald N. Sigler; Jim Silva
NOES: None
ABSENT: Steve Anderson; Don Bankhead; Shawn Boyd; Paul Walker
IN WITNESS WHEREOF, I have hereunto set my hand this 19th day of
December, 2001.
lwv�e�w
Penny M. Koh
Secretary of the Board o irectors
Orange County Sanitation District
\\LEAD\DATA2\WP.DTA\ADMIN\BS\CRDINANCES\ORDINANCE CERMFICATION.DOC