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1975-178RESOLUTION NO. 75R -178 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF 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 amendments to said law; and WHEREAS, one of the steps in the procedure to amend this contract is the adoption by the legislative body of the public agency of a reso- lution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: PROVIDE SERVICE CREDIT AT RETIREMENT FOR UNUSED SICK LEAVE NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Anaheim gives, and it does hereby give notice of intention to ap,prcr e an amendment to the contract between the CITY COUNCIL and the Board of Administration of the Public Employees' Retirement iystern, a copy of said amendment being attached hereto, marked a: Eti:ib t A" and by this reference made a part hereof. April. 8, 1975 ate ad opted and approved) CITY COUNCIL OF THE CITY OF ANAHEIM ATTEST: M ip r City Clerk Ret. ?arm 122 STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 75R -178 was intro- duced and adopted at a regular meeting of the City Council held on the 8th day of April, 1975, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Seymour and Thom NOES: COUNCIL MEMBERS: Pebley and Sneegas ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 75R -178 on the 8th day of April, 1975. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 8th day of April, 1975. CITY CLERK OF THE CIT OF ANAHEIM I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 75R -178 duly passed and adopted by the Anaheim City Council on April 8, 1975. 412. 1. -t-r City Clerk/ -3 The Board of Administration, Public Employees' Retirement System, herein- after referred to as Board and the CITY COUNCIL of the CITY OF ANAHEIM, here- inafter referred to as Public Agency having entered into a contract under the date of July 25, 1950, effective September 1, 1950, as amended effective July 1, 1956, September 1, 1956, July 1, 1959, May 1, 1962, August 1, 1962, January 22, 1965, April 28, 1967, September 27, 1968, July 2, 1971, October 1, 1973, December 26, 1974, and as provided by Chapters 170 and 316, Statutes of 1971, which provide for participation of Public Agency in said System, Board and Public:Agency hereby agree as follows: A. The following subparagraph shall be added to Paragraph 6 of said contract: AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ANAHEIM 6(d) Section 20862.8 (providing service credit at retirement for unused sick leave). B. Paragraph 6.5 shall be added to said contract: 6.5 Public Agency, in accordance with Section 20740, Government Code, shall cease to be an "employer" for purposes of Chapter 6 of the Public Employees' Retirement Law effective as of the effective date of this amendment to this contract. Accumulated contributions of the Public Agency as of the date of such amendment shall be fixed and determined as provided in Section 20759, Government Code and such accumulated con tributions and contributions hereafter made shall be held by the Board as provided in Section 20759, Government Code. C. Paragraph 7(a) and 7(b) shall be stricken from said contract and the following Paragraph 7(a) and 7(b) shall be substituted therefor: 7. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the public agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said System: (1) 0.17 percent until June 30, 2000 on account of the liability for prior service benefits. Ret. Form 702 -1 BY BY BOARD OF ADMINISTRATION PUBLIC .E PLOYEES' RETIREMENT SYSTEM Approved as to fora: (2) 8.67 percent on account of the liability for current service benefits. (3) 0.50 percent on account of the liability for the 1959 Survivors program. b. With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 0.151 percent until June 30, 2001 on account of the liability for prior service benefits. (2) 19.559 percent on account of the liability for current service benefits. (3) 0.077 percent on account of the liability for the 1959 Survivors program. D. This amendment shall be attached to said contract and shall become effective on the day of Witness our hands this day of BY Carl J. Blechinger, Executive Officer Presiding Officer CITY COUNCIL OF THE CITY OF ANAHEIM Attest: Clerk Lloyd C. Graybill, Administrative Adviser Ret. Form 702 -2