HomeMy WebLinkAboutResolution 1970 - 0156RESOLUTION NO.70-156
AUTHORIZING TRE PUBLIC EMPLOYEES RETIREMENT
SYSTEM TO CONDUCT AN ACTUARIAL STUDY OF
BENEFITS PROVIDED FOR IN 1970 LEGISLATURE
A RESOLUTION OF THE BOARD OF DIRECTORS OF
COUNTY SANITATION DISTRICTS NOS.1,2,3,
5,6,7,AND 11,OF ORANGE COUNTY,CALIFORNIA
AUTHORIZING THE PUBLIC EMPLOYEES RETIREMENT
SYSTEM TO CONDUCT AN ACTUARIAL STUDY OF
BENEFITS PROVIDED FOR IN 1970 LEGISLATURE
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WHEREAS,the California State Legislature has recently
enacted legislation providing for increased benefits under the
Public Employees’Retirement Law;and,
WHEREAS,in order to determine the cost of incorporating
said increased benefits into the contract between Public
Employees’Retirement System and County Sanitation Districts
of Orange County,
NOW THEREFORE,the Boards of Directors of County Sanitation
Districts Nos.1,2,3,5,6,7,and 11,of Orange County,
California,do hereby resolve,determine and order:
Section 1 That the Public Employees’Retirement System
be authorized to conduct an actuarial study to determine the
cost to the Districts of incorporating increased benefits provided
for by the 1970 legislature into the Districts’contract with
PublicEmployees’Retirement System;and,
Section 2 That the General Manager and Secretary be
authorized to enter into an agreement with Public Employees
Retirement System to conduct said actuarial study for a total
amount not to exceed $500.00.
PASSED AND ADOPTED at an adjourned regular meeting held
November 12,1970.
STATE OF CALIFORNIA
)Ss.
COUNTY OF OPfdJGE )
I,J.WLYI~E 3YLV~STER,Secratary of the Boards of
Directors of Cou:~ty Sanitation Districts Nos.1,2,3,5,6,7,and 11,
of Orange Count,~i,Cdifornia,do h~reby certify that the
above and fore~oin~Resolution No~7O-156 was regularly
passed and.adopted at an cdjourned regular meeting of
said Boards on the 12th day of November
197 0 ,by the following vote,to wit:
AYES:Directors Norman E.Culver (Chairman),Gilbert
Arbiso,Morton Baum,Jack Berton,Jerry Christie,
Robert Clark,Jesse Davis,Robert Finnell,Norma
Gibbs,Jack Green,Lorin Griset,Robert Harvey,
Wade Herrin,Edgar Hirth,Joseph Hyde,Don Mclnnis,
Derek McWhinney,Clifton Miller,Lindsley Parsons,
Ellis N.Porter,Donald Shipley,Hal Sims,Don
E.Smith,Henry Wedaa,Donald Winn,Edward Just and
Alton E.Allen
NOES:None
ABSENT:Director Mark Stephenson
IN WITNESS WHEREOF,I have hereunto set my hand
this 12th day of November ,19 70
ret a ry
Boards~of~Di ~ctors,County
Sanitation Districts Nos.1,2,3,5,6,
7 and 11,of Orange County,
California
S-102