HomeMy WebLinkAboutResolution 1954 - 0388RESOLUTION NO.3~—l
RESOLUTION AUTHORIZING A CONTRACT PROVIDING
FOR THE PARTICIPATION OF THE PUBLIC AGENCY
IN THE CALIFORNIA STATE EMPLOYEES’RETIREMENT
SYSTEM,MAKING ITS EMPLOYEES ~MBERS OF SAID
SYSTEM
WHEREAS,the California State Employees’Retirement Law
provides for the participation of Public Agency in the Calif
ornia State Employees’Retirement System,making its employees
members of said system,and
WHEREAS,the Board of Directors of County Sanitation
District No.1 of Orange County,California on the 2~th day of
July,1956 adopted a Resolution giving notice of intention to
approve a contract providing for such participation,and
WHEREAS,the employees of said Agency,whose memberships
in said Retirement System are contemplated,have approved
said participation,by majority vote,
NOW,THEREFORE,BE IT RESOLVED,that said Board of Directors
authorizes,and it does hereby authorize a contract between said
County Sanitation District No.1 of Orange County,California and
the Board of Administration,State Employees’Retirement System,
a copy of said contract being attached hereto marked Exhibit “A”
and by such reference made a part hereof as though herein set out
in full,and
BE IT FURTHER RESOLVED,that the presiding officer of said
Board of Directors be,and he is hereby authorized,empowered
and directed to execute said contract for and on behalf of County
Sanitation District No.1 of Orange County,California.
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EAi~IEIT “A”
CONTRACT
BETWEEN
THE BOARD OF DIREcTORS
of
COUNTY SANITATION DISTRICT NO.1 OF ORnNGE COUNTY
arid the
BOi~RD OF ADMI1~ISTF~ATION
of the
CALIFORNIt~STATE EMPLOYEES’RETIREI€NT SYSTEM
THIS AGREE1I~NT made this 1st day of October ,1954,
by and between the Legislative Body of COUNTY SANITi~TION DISTRICT
NO.1 OF ORi~NGE COUNTY,hereafter referred to as “Public Agency”,
and the Board of Administration,California State Employees’
Retirement System,hereafter referred to as “Board.”
WITNESSETH:
In consideration of the covenants and agreements hereinafter
contained and on the part of both parties to be kept and per
formed,Public Agency and Board hereby agree as follows:
1.Public Agency is to participate in the State Employees’
Retirement System,subject to the provisions of the State
Employees’Retirement Law.
2.Public Agency shall participate in said Retirenent
System,making its emp1oy~es members of said System,from and
after September 1,l95L~..
3.Employees of Public Agency in the following classes shall
become members of said Retirement System in accordance with the
provisions of sdid Retirement Law,governing membership in said
Retirement System,and subject to the further exclusions from
membership in the next following sentence:
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Number of Employees
Eligible for Membership
Classes of Employees On October 1,1954
a.Local Firemen,as defined
in the State Employees’None
Retirement Law •••.•
________________________
b.Local Policemen,as de
fined in the State
Employees’Retirement None
Law ...
_____________________________________________________
c.County Feace Officers,as
defined in the State None
Employees’Retirement law__________________________
d.Employees other than Local
Firemen,Local Policemen,
and County Peace Officers 25
In addition to the employees excluded from membership by said
Retirement Law,the following employees shall not become members of
the Retirement System:
NO ADDITION1~L EXCLUSIONS
Board and Public Agency agree that,except as provided in paragraph
12,no adjustment shall be made in the amount of contributions
provided in paragraph l2a on account of prior service,or in the
percentage provided in paragraph 12b,because of variations in the
numbers of employees who become members of said Retirement System
on the effective date hereof,from the number listed above,due to
termination of service by such causes as death,resignation or
discharge,or the employment of individuals not included in said
number0
4.Age 60 shall be the normal minimum age for retirement
for service,of miscellaneous members employed by public agency,
that is,members other than Local Firemen,Local policemen and
County Peace Officers,and one—sixtieth shall be the fraction of
final corn~ensation,as defined in said Retirement Law,to be
provided on the average,for each year of service as a member,by
the members’and Public Agency’s normal contributions,upon
retirement at said minimum age.
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5.Benefits on account of prior service,that is,service
credited hereunder as rendered to Public J~gency prior to the
effective date of participation,to respective members employed
by Public Agency as Local Firemen,Local Policemen or County Peace
Officers shall be allowed only as a percentage of the average
salary specified in said Retirerctent Law,for each year of
such service,and said percentage shall be percent of the
fraction of final compensation,as defined in the State Employees’
Retirement Law,for each year of service rend3red after said date,
as determined for said respective members under said law,for re
tirement for service at age 55,or upon qualification for service
retirement at a higher age.If a member retires for service before
attaining age 55,his prior service pension shall be reduced to
that amount which the value of the pension as deferred to age 55
will purchase at the actual age of retirement.
6.Prior service benefits to riiscellaneous members employed
by Public Agency,that is,members other than Local Firemen,Local
Policemen or County Peace Officers,upon retirement for service at
the normal minimum age entered in paragraph 4 hereof,shall be
allowed only as a percentage of the average salary specified in
Section 21253 of said Retirement Law,for each year of such service,
and said percentage shall be 100 per cent of the percentage
determined under said section.If a member retires for service
before attaining the normal minimum age entered in paragraph 4.
hereof,his orior service pension shall be reduced to that amount
which the value of the pension as deferred to said minimum age will
purchase at the actual age of retirement.
7.If the fraction stated in the preceding paragraph is
orie—sixieth,the provisions of Section 21251.1 of the State
Employees’Retirement Law,providing for a guaranteed percentage
of final compensation for each year of current service as a
member,SHALL apply to employees of Public Agency who become
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members of said Retirement System.
~.The provisions of Section 21252.4 of the State Employees’
Retirement Law,providing for a guaranteed percentage of final
compensation for each year of current service as a member,apply
to employees of Public Agency who become members,of the Retirement
System as Local Firemen,Local Policemen or County Peace Officers.
9.The provisions of Section 2l25~b of the State Employees’
Retirement Law,guaranteeing a minimum retirement allowance under
certain conditions shall apply to employees of Public agency who
become members of said Retirer:ent System.
10.The provisions of Section 21367.51 of the State Employees’
Retirement Law,providing a ~4OO death benefit after retirement
shall apply to employees of Public Agency who beco~e members of
said Retirement System0
11.The provisions of Section 20025 of the State Employees’
Retirement Law,providing for the portion of compensation which
shall be included in computations under the Retirement Law shall
apply to employees of Public iigency who become members of said
Retirement System.
12.Public Agency shall contribute to said Retirement System
as follows:
a.The sum of ~297.O~per annum,payable in equal monthly
-~r more or less frequent installments as Board shall
require,for a period of 25 years,on account of the
liability for benefits based on service rendered to
Public Agency prior to the effective date hereof.
b.5.25~per cent of total salaries paid by Public Agency
each month to its employees who are members of said
Retirement System,provided that only salary earned
as members of said System shall be included in said
total salaries,and the employees who are members of
said System shall include employees who become
members upon the effective date hereof and employees
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who become members thereafter.
c.A reasonable amount per annum,as fixed by Board,to cover
the costs of administering said System as it affects the
employees of Public Agency,not including the costs of
special valuations or of the periodical investigation and
valuation required by law,provided that said amount shall
be determined on the basis of the number of employees of
Public Agency who are members on July 1st of the
respective fiscal years,or with respect to the first year
of participation,on the effective date of said partici
pation.
d.A reasonable amount as fixed by the Board,payable in one
installment from tine to time as the occasions arise,to
cover the costs of special valuations on account of
employees of Public Agency,and the costs of the periodical
investigation into the experience under said Retirement
System,as it affects said employees,and the valuation
of the assets and liabilities’of said System on account
of said employees.
Contributions required of Public agency and its employees
~hail be subject to adjustment by the Board of Administration on
account of amendments to the State Employees’Retirement Law,and
on account of experience under the Retirement System,as dete~rmined
by the periodical investigation,valuation and determination
provided for by said Retirement Law.
13.Contributions required of Public Agency under paragraph
12 immediately preceding,and contributions required of Public
Agency’s employees who are riembers of said System,shall be paid
by Public ~.~gency to the State Employees’Retirement System within
thirty days after the end of the month or longer period to which
said contributions refer.If more or less than the correct amount
of contribution required of Public Agency or its employees is paid
for any period,proper adjustment shall be made in connection with
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P~dopted this 8th day of.September,1954.
g~L9~
_____
Chairman,/Boa d of Directors
County Sanitation •tJistrict No.1
Orange County,California
ATTEST:
~
_____
Secretary,Board of Directors
County Sanitation District No.1
Orange County,California
STATE OF CALIFORNIA)
56
COUNTY OF ORANGE )
I,ORA MAE MERRITT,Secretary of the Board of Directors of
County Sanitation District No.1 of Orange County,California,
do hereby certify that the foregoing Resolution was passed and
adopted at a regular meeting of the Board of Directors of County
Sanitation District No.1 of Or~:nge County,California,held On
the 8th day of September,1954,by the following roll call vote:
AYES:Directors J.L.McBride,Heinz Kaiser and
Courtney R.Chandler
NOES:Directors None
ABSENT:Directors None
IN ~JITNESS WHEREOF,I have hereunto set my hand and affixed
the official seal of County Sanitation District No.1 of Oran~e
County,California,this 8th day of September,1954.
~L ~
Secretar~,Board of Directors
County Sanitation District No.1
Oranf~e County,California
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subsequent remittances of Public Agency to the Board,to rectify
the errors;or such adjustments on account of errors made in
contributions required of employees,may be made by direct cash
payments between the employee in connection with whom the error
was made,andBoard.Payments of Public Agency to Board may be
made in the form of warrants,bank checks,bank drafts,certified
checks,money orders,or cash0
14.The provisions of Section 20024.01 of the State Employees
Retirement Law,which provide that “final compensation”shall mean
the highest average annual compensation earnable by a member during
any period of three consecutive years during his membership in the
System,SHALL APPLY to employees of Public Agency who become members
of said Retirement System.
Witness Our Hands the day and year first above written.
ATTEST:
~z
Secretary
ATTEST:
BOARD OF DIRECTORS
flame of Legislative Body of
COUNTY SANITATION DISTRICT NO.1
OF ORANGE COUNTY,CALIFORNIA
Name of Public Agency
~
county San tation District No.1
Crange County,California
BOARD OF ADMINISTRATION
STATE EMPLOYEES’RETIREMENT SYSTEM
Executive Officer
By
President,Board of Administra—
t ion
See ordginal contract No.~‘7 in contract file for
signatures of officials of the Board of Administration
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