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1962-0091ATTEST: RESOLUTION NO. 62R -91 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM DECLARING ITS INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE STATE EMPLOYEESt RETIREMENT SYSTEM AND THE CITY OF ANAHEIM. WHEREAS, the State Employeest Retirement Law permits the participation of public agencies and their employees in the State Employees' Retirement System by the exeCution of a contract, and sets forth the procedure by whichasaid public agencies may elect to subject-themselves and their employees to amendments to said law; and WHEREAS, one step in said procedure is the adoption by the legislative body of the public agency of a resolution giving notice of its intention to. approve an amendment tosaid contract, which resolution shall contain a summary of the changes proposed in said contract; and WHEREAS, attached is a summary of the proposed change: A monthly allowance shall be paid to certain eligible survivors of a member who dies before retirement. NOW, THEREFORE, BE IT RESOLVED by the Cit.y Council of the City of Anaheim that the City Council of the City of Anaheim gives, and it does hereby give notice of intention to approve an amendment to contract between said City Council and the Board of Administration of the State Employees' Retirement System, a summary of the major provisions of the proposed change is attached hereto, marked "Exhibit A," and by this reference made a part hereof. THE FOREGOING RESOLUTION is approved and signed by me this 30th day of January, 1962. r CI CLERK OF tHE CI OF ANAHEIM -e _r �j MANOR OF HE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE: ss. CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No 62R -91 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 30th day of January, 1962, by the following vote of the members thereof: AYES: COUNCILMEN: Chandler; Coons, Fry, Thompson and Schutte. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: None. AND I- FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 62R -91 on the 30th day of January, 1962. IN WITNESS WHEREOF, I helve hereunto set my hand and affixed the official seal of the City of Anaheim this 30th day of January, 1962. (SEAL) CITY`vCLERK OF THE CITY OF ANAHEIM BENEFITS Conditions: EXHIBIT A Benefits to Employees Under SERS SURVIVOR BENEFITS (Benefits provided by Sections 21380 -21386 of the Retirement Law) Survivors of members who elect coverage under the SERS survivor program and whose death occurs before retirement will receive a monthly life income as follows: Widow and two or more dependent children or Three or more dependent children, alone Widow and one dependent chili or Two dependent children, alone Widow, alone, age 62 (widower age 65) or One dependent child, alone If there is no widow or dependent child, then to each dependent parent (mother 62, father 65) 2 5 0 $18c 90 $90 1. A dependent child is one under the age of 18 and unmarried, or a disabled child of any age who has been continuously disabled since age 18. 2. A widow ceases to be eligible for a benefit upon her remarriage. 3. A widower will be eligible for a benefit the same as a widow provided he was dependent upon the deceased member for at least one -half of his support.. k. The basic death benefit currently included in your retirement program pro rides that should a mem`)er ,aie rrior to his retirement, his beneficiary would be paid the membe_'s accumulated contributions plus an additional amount equal to one- month's salary for each year of service, up to a maximum of six months. The above survivor benefits will he payable in addition to any basic death benefit the survivor may be entitled to receive. 5. If a member is covered under both the SERS survivor benefit described abov.' and the survivor benefits as provided in Section 21365.5 of the Retiremen. Law (Section 21337 for safety members), the survivor would receive the greater of the two allowances, but net both. Ret. Form 1171 -1 (1/60) 300 6. The special death benefit provided the widow of a safety member whose death is "in line of duty" is a monthly allowance equal to one -half of the member's "final compensation." If the widow is also eligible for a benefit under the survivor program herein described, she will not receive both benefits, rather she will receive the larger of the two. COST TO THE EMPLOYEE Each employee will contribute $2.0C a month in addition to his normal retire- ment contributions. He will continue to pay this additional amount until either termination of employment or retirement and under no circumstances will they be refundable. SF'FECTI VE DATE These survivor benefits will become effective on All present members of the System will be given the opp tunity by written balot select this survivor coverage. Persons who choose coverage will remain covered until they terminate their employment or retire. IT IS NOT NOW PROVIDED that do not choose coverage will be allowed to choose coverage at a later date. persons, who For agencies not covered under OASDI all future employees would be mandatorily covered under this program. For agencies who are covered under OASDI all future employees are mandatorily covered under OASDI and, therefore, are not eligible for the SERS survivor benefits. EXAMPLE Under the SERS survivor program, if a member passes away before retirement leaving a widow and four children, the widow would receive a monthly income of $250 until such time as the three oldest children have passed age 18 (so that she now only has one child under the age of 18) at which time her benefit would be reduced to $180. The $180 would continue tc_be paid until the last child passes the age of 16 at which time the payment would cease until the widow reaches the age of 62. She would then receive $90 a month for the remainder of her lifetime. The widow ceases to be eligible for her benefit when she remarries although benefits wot,ld continue to any remaining children under the age of 18. Ret. Form 1171 -2 (1/60) 300