2004-064RESOLUTION NO. 2004 R-64
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM GIVING NOTICE OF
ITS INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT
SYSTEM AND THE CITY OF ANAHEIM
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 amendment to said Law; 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, and effective
September 1, 1950, which contract has been amended on several occasions; and
WHEREAS, one of the steps in the procedures to amend the above-mentioned 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 change or changes
proposed in the contract; and
WHEREAS, the following is a statement of the proposed changes:
To provide Section 20516: 2.5% Employee Sharing of Costs of Additional
Benefits applicable to Section 21362.2, 3% @50 Full Formula for Local Police
Members.
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Anaheim
does hereby give notice 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 made a part
hereof.
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THE FOREGOING RESOLUTION is approved and adopted by the City Council of the
City of Anaheim this 20t:h day of April 2004, by the following roll call vote:
AYES: Mayor Pringle, Council Members: Chavez, Hernandez, McCracken, Tait
NOES: None
ABSENT:
None
ABSTAIN: None
MAYOR OF THE CITY OF ANAHEIM
ATTES,']-: ~)
APPROVED AS TO FO~vl:
JACK L..WHITE, ClT, y/ATTORN/E,,Y
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