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2003-082RESOLUTION NO. 2003R- 82 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM GIVING NOTICE OF ITS INTENT TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY OF ANAHEIM AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 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 elements of said Law by amending such Contract; and WHEREAS, the City of Anaheim has previously entered into a contract with the Board of Administration of the Public Employees Retirement System dated July 25, 1950, which contract has been amended on several previous occasions; and WHEREAS, one of the steps in the procedure to amend the above described contract is the adoption by the City Council of a resolution giving notice of its intention to approve an amendment to the contract, which resolution shall contain a summary of the of the change or changes proposed in the contract; and WHEREAS, the following is a statement of the proposed change: To provide the Pre-Retirement Optional Settlement No. 2 Death Benefit under Government Code section 21548 and to replace the current $500 Retiree Death Benefit with a $5,000 Retiree Death Benefit under Government Code section 21623.5 for Police Officers. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that notice be hereby given of its intention to approve said amendment to the contract between the City of Anaheim and the Board of Administration of the Public Employees Retirement System, a copy of which amendment is attached hereto as Exhibit A and by this reference is made a part hereof. Anaheim this THE FOREGOING RESOLUTION is apgr, qved and adopted.j~the City 20th day of !vlav ~,~i1~)3. Mayor of the City of Anaheirli~ I~' Council of the City of attest: :: ,/-City Clem of tv City of Anaheim Approved as to Form: Jack L. White / City AttorneyI, j> // by ~ce]~S Ne~wbe~~~(~~ Senior AssiStant City Attorney 49194.1 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary and/or the increase in retirement benefit(s) have been made public at a public meeting of the ci~ Council of th'e (goveming body) City of Anaheim on ~y 20, 2003 (date) Resolution / Ordinance. (public agency) which is at least two weeks prior to the adoption of the City Clerk Title Date iv~y 21, 2003 PERS-CON-12A (rev. 1/96) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the Aua_heim C±ty C~)unc±'l of the City ~ (governing body) o£ A~a_he lm on May 20, 2002 (date) (public agency) T~le City Clerk . PERS-CON-12 (rev. 1/96) STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, SHERYLL SCHROEDER, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 2003R-82 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 20th day of May, 2003, by the following vote of the members thereof: AYES: MAYOR/COUNCIL MEMBERS: Pringle, Hernandez, McCracken, Tait, Chavez NOES: MAYOR/COUNCIL MEMBERS: None ABSTAINED: MAYOR/COUNCIL MEMBERS: None ABSENT: MAYOR/COUNCIL MEMBERS: None d'1'-Y CLERI~OF TH"E CITY OF ANAHEIM (SEAL)