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HomeMy WebLinkAboutResolution 1986 - 0029 (REPEALED)RESOLUTION NO.86-29 APPROVING REVISIONS TO THE DEFERRED COMPENSATION PR OG RAM FOR THE AS S IS TAN T DE PAR TMEN T H EADS AND SUPERVISORS OF THE DISTRICTS A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.1,2,3,5, 6,7,11,13 AND 14 OF ORANGE COUNTY,CALIFORNIA, APPROVING REVISIONS TO THE DEFERRED COMPENSATION PROGRAM FOR THE ASSISTANT DE PARTMENT HEADS AND SUPERVISORS OF THE DISTRICTS ***** WHEREAS,the Districts,by Resolution No.81—166,adopted by the Boards of Directors on October 14,1981,approved and adoptec~ a Deferred Compensation Plan;and, WHEREAS,as a part of the compensation program for certain employees of the Districts,and in conjunction with the adopted Deferred Compensation Plan,the Districts have previously approved certain contributions to the individual accounts of certain employees;and, WHEREAS,the Boards of Directors desire to revise the program of Districts’participation. NEW,THEREFORE,the Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County, Cal if ornia, DO HEREBY DETERMINE,RESOLVE AND ORDER: Section j:The Districts hereby approve a contribution of Districts’funds of an annual sum equal to a maximum of two (2%) percent of the gross annual salary of the Assistant Department Heads and an annual sum equal to a maximum of one (1%)percent of the gross annual salary of the Supervisors (the “matching funds contribution”),provided said employees voluntarily withhold from 1 their salary and contribute an equal sum to the Deferred Compensation Plan. The Districts will further provide a contribution of an annual sum equal to two and one—half (2—1/2%)percent of the gross annual salary of the Assistant Department Head employees described herein,exclusive of the “matching funds contribution” amount hereinabove described,without requirements for any matching contribution by the individual employees (the “non— matching funds contribution”). The Districts will further provide a contribution of an annual sum equal to two (2%)percent of the gross annual salary of the Supervisor employees described herein,exclusive of the “matching funds”contribution”amount hereinabove described, without requirements for any matching contribution by the individual employees (the’“non—matching funds contribution”). The participating Assistant Department Head and Supervisor employees shall not be entitled to withdraw any “matching funds contributions”deposited by the Districts to the individual employee’s investment account under the Plan,except upon the death or retirement of the individual employee,or until the employee has completed three (3)years of employment and participation in the Plan.Upon the occurrence of any of the above,all funds then on deposit will be deemed vested for the benefit of the employee’s account. The participating Assistant Department Head and Supervisor employees shall not be entitled to withdraw any “non—matching funds contributions”that have been deposited by the Districts to 2 the individual employee’s investment account under the Plan, during the three (3)years immediately preceding termination of employment,except upon the death or retirement of the employee. ~~ion 2~:This program shall be for the benefit of the Assistant Department Head and Supervisor employees,which classifications are set forth on Exhibit “A”,attached hereto and incorporated herein by reference.In the event other classifications are added to the category of Assistant Department Heads or Supervisors by action of the General Manager or Boards of Directors of Districts,said classes shall be deemed to be governed by the terms of this Resolution concurrently therewith, and shall be terminated only by action of the Boards of Directors. Section ~:The General Manager and the Director of Finance are hereby authorized to execute individual Deferred Compensation Participation Agreements with each eligible employee,and are further authorized to execute any and all documents relating to investment and payment transactions relating to this Plan, provided that such documents are approved as to form by the Districts’General Counsel. Section j:The revisions provided for in this Resolution shall become effective February 14,1986. PASSED AND ADOPTED at a regular meeting of the Boards of Directors held this 13th day of February,1986. (24) 0 3 GI~UP A Manage!Tent (0) (1) (1) (3) (4) (5) (1) (1) (1) (5) (0) (1) (1) (1) (1) (2) (1) (2) (0) (1) (2) (1) (2) (2) (1) (.3) (2) (0) (2) (11) (2) (1) (2) (1) (1) (1) (2) (2) (2) (1) (1) (0) (2) (0) (5) (0) (0) 81 Accounting Supervisor Chief of Industrial Waste Operations Engineer Senior Engineer Associate Engineer Assistant Engineer Procurerrent &Property thief Laboratory Director Chief Operator II Facilities Supervisor Principal Accountant Budget &Admin.Analyst S Ass’t.Laboratory Director Chief Operator I Senior Accountant. Principal Engr.Associate Principal Admin.Assistant Principal Construction Inspector Plant Supervisor Board Secretary Electrical Field Supervisor Instrumantation Field Supervisor Mechanical Field Supervisor II Supervising Lab &Research Analyst Senior EnvironnEntal Specialist Electrical Foreman Instrumantatjon Foreman Mechanical Field Supervisor Principal Industrial Waste Rep. Shift Supervisor Training Supervisor Personnel Analyst Senior Administrative Assistant Senior Foreman Collection Facilities Foreman Senior Mechanical Foreman Mechanical Foreman Foreman Equipmant Operator Foreman Senior Buyer Warehousing Foreman Groundskeeping Foreman Accountant Jr.Engineer Principal Lab &Research Analyst Principal Personnel Assistant Assistant Training Supervisor (1)Superintendent (1)Director of Finance (1)Director of Operations (1)Director of Engineering Chief Admin.Assistant Ass’t.Director of Finance Ass ‘t.Superintendent Ass’t.Director of Operations Ass ‘t.Director of Engineering Personnel Administrator Senior Facilities Supervisor EXHIBIT “A 6/20/84 1/22/86 (Revised) i~partirent Heads (1)Assistant General Manager (1)Chief Engineer 2 B Supervisors 4 Assistant I~partxrent Heads (1) (1) (1) (1) (1) (1) (0), .6 EXHIBIT “A”‘10 RESOLUTION NO.86-29 I •~‘••-~•‘ STATE OF CALIFORNIA) )ss. COUNTY OF ORANGE ) I,RITA J.BROWN,Secretary of the Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7,11,13 and 14 of Orange County, California,do hereby certify that the foregoing Resolution No.86—29 was passed and adopted at a regular meeting of said Boards on the 13th day of February,1986,by the following vote,to wit: AYES:Ruth Bailey,Michael Beverage,Richard Buck,Norman Culver, Richard B.Edgar,Ruth Finley,Don R.Griffin,Dan Griset, Robert Hanson,Evelyn Hart,Ronald B.Hoesterey,Carol Kawanami,Philip Maurer,Sally Anne Miller,James Neal,Carrey Nelson,Chris Norby,Richard Partin,Bob Perry,Ruthelyn Plummer,Richard Polis,Thomas F.Riley,Joyce Risner,Bob Siefen,Don E.Smith,Roger Stanton,John Sutton,Peer A.Swan, Charles Sylvia,James Wahner NOES:None ABSENT:William Mahoney,Don Roth,Sal Sapien IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official seal of County Sanitation District No.1 on behalf of itself and Districts Nos.2,3,5,6,7,11,13 and 14 of Orange County,California,this 13th day of February,1986. Rita J.Browfr Secretary Boards of Directors,County Sanitation Districts Nos.1,2,3,5 6,7,11,13 and 14 of Orange County, California