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HomeMy WebLinkAboutResolution 1991 - 0160• RESOLUTION NO.91-160 APPROVING PROVISIONS FOR SATISFACTION OF PAYMENT OF FICA TAXES FOR DIRECTOR-EMPLOYEES MANDATED BY FEDERAL OMNIBUS BUDGET RECONCILIATION ACT OF 1990 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 PAYMENT BY THE DISTRICTS TO THE DISTRICTS’DEFERRED COMPENSATION PLAN FUND ON BEHALF OF DISTRICTS’ DIRECTOR-EMPLOYEES IN LIEU OF CONTRIBUTIONS PURSUANT TO THE FEDERAL INSURANCE CONTRIBUTIONS ACT (“FICA”)AS MANDATED BY THE FEDERAL OMNIBUS BUDGET RECONCILIATION ACT OF 1990 ***** WHEREAS,the United States Congress enacted the Federal Omnibus Budget Reconciliation Act of 1990 (“OBRA”),changing several provisions of the Federal Social Security Act,as applied to local government entity employees;and, WHEREAS,OBRA amended the prior law by adding a new Section 3121(b)(7) (F) to the Internal Revenue Code,by expanding the definition of “employment”for Federal Insurance Contribution Act (“FICA”)tax purposes to include service performed after July 1, 1991 as an employee for a local government entity,unless the employee is a member of a retirement system of such entity;and, WHEREAS,the provisions of OBRA require compliance with the requirement to make FICA contributions on behalf of local government agencies employees by not later than December 31,1991; and, WHEREAS,the Internal Revenue Service has adopted final regulations under Section 3121(b)(7)(F)of the Internal Revenue Code,containing rules relating to local government entity Superseded by 98-4 employees and determination of membership in the local entity retirement system;and, WHEREAS,the Districts’Director-Employees are not eligible for participation in the Districts’Retirement Plan,to wit:County of Orange Employees Retirement System;and, WHEREAS,the Internal Revenue Service regulations allow a contribution,into an Internal Revenue Code Section 457 Deferred Compensation Plan,,as meeting the requirements for retirement system contribution,in lieu of making the contributions to FICA; and, WHEREAS,the Districts have enacted Resolution No.81-166, effective October 14,1981,authorizing Districts’Directors to participate in the Districts’Internal Revenue Code approved Deferred Compensation Plan;and, WHEREAS,•the Directors have determined that they can satisfy the legal requirements of Internal Revenue Code Section 3121(b)(7)(F)in the most cost effective manner by having the Districts contribute the minimum sum authorized by Internal Revenue Service regulation,to wit:7.5%of the employee’s compensation to the Districts’Deferred Compensation Plan Fund. NOW,THEREFORE,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 RESOLVE,DETERMINE AND ORDER: Section 1 Pursuant to Internal Revenue Code Section 3121(b)(7)(F),the Districts approve the payment of the sum equal 2 to 7.5%of the compensation payable to each Director into the Districts’Deferred Compensation Plan account.Said contributions will be made in accordance with the Districts’Plan approved under Internal Revenue Code Section 457,and shall be made on behalf of each District Director-Employee. Section 2 Upon’payment of the sums set forth above,no payments are required nor shall be made on behalf of any of the Districts’Director Employee pursuant to the Federal Insurance Contributions Act (“FICA”),except the health insurance portion (currently 1.45%)of the FICA tax for those Director-Employees who commenced service with the Districts on or after April 1,1986. Section 3 Section 4.2 of the Districts’Deferred Compensation Plan,providing for a minimum annual contribution of $300.00 per year,is hereby ordered waived on behalf of the contributions to be made on behalf of each District Director Employee. Section 4 That the contributions provided for in Section 1 hereof shall commence with payment of any compensation after November 1,1991. PASSED AND ADOPTED at a regular meeting of the Boards of Directors held this 9th day of October,1991. TLW:pj(B5) 10102191 3 STATE OF CALIFORNIA) )SS. COUNTY OF ORANGE ) ~ I,RITA J.BROWN,Board 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.91—160 was passed and adopted at a regular meeting of said Boards on the 9th day of October,1991,by the following vote,to wit: AYES:Fred Barrera,Bob Bell,Buck Catlin,John Collins,John C.Cox, Jr.,Norman E.Culver,Burnie Dunlap,Richard B.Edgar,William D.Ehrle,James V.Evans,James H.Flora,Peter Green,Don R. Griffin,Dan Griset,John M.Gullixson,Evelyn Hart,Jack Kelly,Frank Laszlo,William D.Mahoney,Robert H.Main,Pat McGuigan,Keith A.Nelson,Irv Pickler,Ruthelyn Plummer, Leslie A.Pontious,Charles E.Puckett,Miguel Pulido,Don R. Roth,Phil Sansone,Sal A.Sapien,Mark Schwing,Sally Anne Sheridan,Jim Silva,Roger R.Stanton,Peer A.Swan,Charles E. Sylvia,James A.Wahner NOES:None ABSENT:Walter K.Bowman,Carrey J.Nelson,Arthur G.Newton 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 9th day of October,1991. Rita J.Brown,oard Secretary - Boards of Directors,County Sanitation Districts Nos.1,2,~3,5, 6,7,11,13 and 14 of Orange C~uhty, California