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RES-2006-020RESOLUTION N0.2006 - 020 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM FOR PAYING AND REPORTING THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTIONS UNDER THE PUBLIC EMPLOYEES' RETIltEMENT SYSTEM FOR SAFETY POLICE EMPLOYEES WHEREAS, the City Council of the City of Anaheim has the authority to implement Government Code Section 20636 {C) (4) pursuant to Section 20691; and *~~ WHEREAS, the City Council of the City of Anaheim has a written agreement which specifically provides for the normal member contributions to be paid by the employer, and reported as additional compensation; and WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the City Council of the City of Anaheim of a Resolution to commence paying and reporting the value of said Employer Paid Member Contribution (EPMC}; and WHEREAS, the City Council of the City of Anaheim has identified the following conditions for the purpose of its election to pay EPMC: 1. This benefit shall apply to all Safety Police PERS employees. 2. Implementation of EPMC will be according to the following schedule: January 13, 2006 2.0% June 30, 2006 4.5% January 12, 2007 9.0% 3. The effective date of this resolution shall be January 13, 2006. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Anaheim elects to pay and report the value of EPMC, asset forth above. F:IOT3637CS.DOC THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 14th day of February 2006. AYES: Mayor Pringle, Council Members Chavez, Galloway, Hernandez NOES: None ABSENT: Council Member Sidhu ABSTAIN: None MAYOR OF THE CITY 0 ANAHEIM ATTE T: ,~.., OITY CLE OF CITY OF ANAHEIM APPROVED AS TO FORM: JACK WHITE, CTTY ATTORNEY By: F:10T3637CS.DOC