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HomeMy WebLinkAboutResolution 1976 - 0062-11 RESOLUTION NO.76-62 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN ThE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES’RETIREMENT SYSTEM AND ThE BOARD OF DIRECTORS OF ThE COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY ACTING FOR ITSELF AND COUNTY SANITATION DISTRICTS NOS.2,3,5,6,7,AND 11 WHEREAS,the Public Employees’Retirement Law permits the participation of public agencies and their employees in the Public Employees’ Retirement System by the execution of a contract,and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said law;and WHEREAS,one of the steps in.the procedure to amend this contract is the adoption by the legislative body of the public agency of a reso lution giving notice of its intention to approve an amendment to said contract,which resolution shall contain a summary of the change proposed in said contract;and WHEREAS,the following is a statement of the proposed change: PROVIDE FINAL COMPENSATION ON THE BASIS OF ONE YEAR (INSTEAD OF THREE YEARS). NOW,THEREFORE,BE IT RESOLVED,that the BOARD OF DIRECTORS of the COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY gives,and it does hereby give notice of intention to approve an amendment to the contract between the BOARD OF DIRECTORS and the Board of Administration of the Public Employees’Retirement System,a copy of said amendment being attached hereto,marked “Exhibit A”and by this reference made a part hereof. PASSED AND ADOPTED at a regular meeting held April 14,1976. Ret.Form 122 EXHIBIT A •1 M(ENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES’RETIREMENT SYSTEM AND THE BOARD OF DIRECTORS OF THE ~,~.‘ ..~‘COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY A(~TING FOR ITSELF AND COUNTY SANITATION DISTRICTS NO.2,3,4,5,6,7,AND 11 The Board of Administration,Public Employees’Retirement System, hereinafter referred to as Board and the BOARD OF DIRECTORS of the COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY,ACTING FOR ITSELF AND COUNTY SANITATION DISTRICTS NO.2,3,4,5,6,7,AND U,hereinafter referred to as Public Agency,having entered into a contract wider date of October 1, 1954,effective October 1,1954,andas amended effective July’l,1960, ~Ju1y 1,1961,February 1,1965,July 1,1973,and July 1,197k,and as provided in Chapter 170,Statutes of 1971,which provides for participa tion of Public Agency in said System,Board and Public Agency hereby agree as follows: A.The following subparagraph shall be added to Paragraph 6 of said contract: 6 Cd)Section 20024.2 (defining “final compensation”on the basis of average compensation earnable during the year immediately preceding retirement or any other one year period elected by the member)for miscellaneous members. B.Paragraph 6.5 shall be added to said contract: 6.5 Public Agency,in accordance with Section 20740, Government Code,shall cease to be an “employer”for purDoses of Chapter 6 of the Public Employees’ Retirement Law effective as of the effective date of this amendment to this contract.Accumulated con tributions of the Public Agency as of the date of such amendment shall be fixed and determined as provided in Section 20759,Government Code,and such accumulated contributions and contributions hereafter made shall be held by the Board as provided in Section 20759,Govern ment Code. C.Paragraph 7 (a)shall be stricken from said contract and the following Paragraph 7 (a)shall be substituted therefor: 7.a.With respect to miscellaneous members,the public agency shafl contribute the following percentages of monthly salaries earned as miscellaneous members of said System: Ret.Form 702-1 EXHIBIT “A” D.Paragraph 7 (a)shall be stricken from said contract and the following Paragraph 7 (a)substituted there~or: 7 (a)With respect to miscellaneous members,the public agency shall contribute the following percentages of monthly salaries earned as miscellaneous menf~ers ‘of said System: Ci)0.06 percent until June 30,1990 on account of the liabIlity for prior service benefita. (2)6.85 percent on account of the liability for current service benefits. (3)0.05 percent on account of the liability for the 1959 Survivor Program. E.This amendment shall be attached to said contract and shall be effective on the’day of BOARD OF ADMINISTRATION PUBIJC EMPLOYEES’RETIREMENT SYSTEM. BY Carl J.Blechinger,Executive Officer BOARD OF DIRECTORS OF THE COUNTY SMUTATION DISTRICT NO.1 OF ORANGE COUNTY ACTING FOR ITSELF AND COUNTY SANITATION DISTRICTS NO.2, 3~4,5,6,7,ANDI]. Clerk Ret.Form 702-2 BY EXHIBIT “A-i” CERTIFICATION OF GOVERNING BODY’S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the BOARD OF DIRECTORS (Governing Body) COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY,ACTING FOR of the ITSELF AND COUNTY SANITATION DISTRICTS NOS.2,3,5,6,7,AND 11, (Name of Public Agency) on April 14,1976 ,appearing at Page --- (Date) Volume of the (Minutes)(Official Records)of the BOARD OF DIRECTORS (Governing Body) ~4~~Iard PERS-ACT-12 (11/71) STATE OF CALIFORJ~IA ) )SS. COUNTY OF ORANGE ) I,J.WAYNE SYLVESTER,Secretary of theBoards of Directors of County Sanitation Districts Nos.’.l,2,.3,5,6,7,and 11 of Orange County,California,do hereby certify that the above and foregoing Resolution No.76-62 was regularly passed and adopted at a regular meeting of said Boards on the 14th day of April , 19 76, by the following vote,to wit: AYES:Directors Donald •Winn (Joint Chairman),Robert Battin, MichaelCallahan,Ralph Clark,Carol Weddle,Phillip Cox,Norman Culver,Milan Dostal,Henry Duke,Vernon Evans,Donald Fox,Henry Frese,John Garthe,Norma Gibbs, Francis Glockner,Miriam Kaywood,Alice MacLain,Don Mclnnis,Thomas McKnew,Richard Olson,Bob Perry,Thomas Riley,Kerm Rima,Donald Saltarelli,Laurence Schmit, George Scott,James Sharp,Donald Shipley,John Burton, Don Smith,Charles Stevens,Bernie Svalstad,Frances Wood,Henry Wedaa,Martha Weishaupt,and Robin Young NOES:None ABSENT:Directors Stanley Meyer and Howard Rogers IN WITNESS WHEREOF,I have hereunto set my hand this 14th day of April , 19 76. JiS~~cretary 5,6,7,and 11 of Orange County,California S-101