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HomeMy WebLinkAboutResolution 95-053RESOLUTION NO.95-53 EXTENDING EARLY RETIREMENT INCENTIVE PROGRAM PROVISIONS FOR ALL ELIGIBLE DISTRICTS’ EMPLOYEES 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, EXTENDING EARLY RETIREMENT INCENTIVE PROGRAM PROVISIONS FOR ALL ELIGIBLE DISTRICTS’ EMPLOYEES PURSUANT TO THE PROVISIONS OF CALIFORNIA GOVERNMENT CODE SECTION 31641.04 WHEREAS,on March 8,1995,the Boards of Directors of Districts adopted Resolution No.95-19,authorizing an Early Retirement Incentive Program,for certain classifications in the Maintenance Department of the Districts,in accordance with California Government Code Section 31641.04;and, WHEREAS,it has been determined that the total cost savings of positions filled at a lower level shall exceed the total actuarial cost of the additional service credit granted and associated paid leave pay-off costs;and, WHEREAS,as an effective method to accelerate the organizational change sought by the Boards of Directors and Management,it is the desire of the Boards of Directors of the Districts to extend the Early Retirement Incentive Program to the remainder of the eligible employees of the Districts. 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 That the provisions of California Government Code Section 31641.04 providing for the additional two years of service credit for retirement purposes are hereby adopted and made applicable to all eligible employees of the Districts. Section 2 That all individuals retiring subsequent to March 1,1995,who were not entitled to the previous retirement incentive,be credited with two additional years of service,in accordance with this Program. Section 3 That this Resolution shall take effect and be in full force during the period May 1,1995 through June 30,1995. Section 4 That for a period of five years,or until such time as the full actuarially-determined cost of the additional two years’service is paid to OCERS,the Districts’Controller will conduct an annual post-audit to verify that the savings exceed the actuarial and associated costs attributable to the additional service credit,and report the findings of that audit to the Finance,Administration and Human Resources Committee. Section 5 That any other Resolution or motion,or portions thereof,that conflicts herewith is hereby repealed and made of no further effect. PASSED AND ADOPTED at a regular meeting held May 24,1995. 2000-00019 135981 2 STATE OF CALIFORNIA) )SS. COUNTY OF ORANGE I,PENNY KYLE,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.95-53 was passed and adopted at a regular meeting of said Boards on the 24th day of May,1 995,by the following vote,to wit: AYES:Steve Anderson,George Brown,John Collins,John C.Cox,Jr.,Jan Debay,Barry Denes,Shirley Dettloff,Norman Z.Eckenrode,James M. Ferryman,Don R.Griffin,John M.Gullixson,Barry Hammond,Victor Leipzig,WaVy Linn,Pat McGuigan,Mark A.Murphy,Margie L.Rice, Julie Sa,Thomas R.Saltarelli,Sal A.Sapien,Sheldon S.Singer,Roger R.Stanton,Peer A.Swan,Charles E.Sylvia,Daniel T.Welch,Bob Zemel NOES:None ABSENT:Cecilia Age,Burnie Dunlap,Glenn Parker,William G.Steiner 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 24th day of May,1995. Penny Kyle,cre r Boards of Director ounty Sanitation Districts Nos.1,2,3,5,6,7,11,13 and l4of Orange County,California Fl 2.053