CC Resolution No. 4282 ~ Resolution No. 4282
RESOLDTION OF INTENTION TO.APPROVE AN
AMENDMENT TO CANTBACT BETWEEN TSE
~ BOARD OF ADTSII~IISTRATION OF THE~
PiJBLIC II~LOYEES ~ BETIBEMEDIT SYS~i
AND TSE
CITY COIINCIL
OF T~
CITY ~F CUPERTINO
~ W~REAS,. the Public Employees' Retiremeat Law permits the participatioa of
public agencies and their employees ia the Public F~mployees'
8etirement System by the e~e~utioa of a contract, aad sets forth the
procedure by which said publie ageacies may elect ta subject them-
selves and their employees to ~+~a~~*+ts to said law; aad
~ WBEREAS,. one.of the steps ia the procedure to~amead th~s contract is the
adoptioa by, the legislative body of, the public agency of a resolu-
tioa giviag aotice of its intentian to approve aa~ameadmeat to
said coatract,. which r.esolutioa shall. coataia a sv~ary of the
chaage~proposed ia said contract; aad ~
~S; the. followiag is a~ statemeat of the proposed chaage:
Providea service credit at retiremeaz for uaused sick.leave.
NOW,. TSEBEFOBE,. BE IT BESOI:VED,. that the goveraiag: body of the ~bo~re agency
gives, aad it does•hereby give aotice of: iateatioa to approve an
ameadmeat to the coatract.betwe~ the said goveraiag bodp aad the
Board of Ad~aistratioa of the Pvb Lic Em~loyees' 8etiremeat System,
a copy~ of Ssid a~~ *+d~++p~+t bei~ig attached hereto, as aa "E~ibit"
aad by. this. refereace made a part herecf.- . .
CI1Y COIINCIL
OF TBE
CITY OF~ CiJPERTIlTO
W !Y
BY ~
(Name) Rober W. yers
~ ' Mayor, City of Cupertino
. (Title)
October 5,. 1976
(Date adopted. aad. approved) Bet. Form I22
~ - • ~TT ' Attachment
. - ~ - ~ Res. No. 4282 .
AMENDMII~TT~ TO CONTRACT BEI1~+~ffi+1 T~
~ BQARD.. C!F' A~iIl~tISTRATION
~ ' PBBI.IC II~fPIA~YEF~S' REi'IRFfi~lENT SY3TIIK . .
~ ~ AND T~
CITY COIINCIZ ~ c~<~ .
(}p' ~E~ ~Q%~'~ ~ .
. CIT~f C~F'~ CUPII~'1'Il~10 .
. ~ ~,T'/•y.•~~
~4 ? ~
r
~
~e Board oY Administr.atioa,. Public ~mployees' RetiremeattiS~,stem,,~ . '
herea.na~ter referred tc as Board, and the CITY COUNCII. of the CtTY ~ f~^,A
~ ~ C~PETTIPTO,. hereiaafter re~erred to as Public Agency having . entered ~to;;:~,•~,:~
. a coatract uader date of Ju].~ 10, 1967, eYfective August 16, 196?,. a~`d~ae'~,!'~
ameaded efYective June 1,.. 1973,, aad Harch 1, 1974, which provide ~Yor pa~
icipation of Pnblic Agencq ia said Svstem, Board and Public AgencT hereby~
agree.as follove: .
A. ~e Yollowfng anbparagraph ahall be:added tc Paragraph ? oY ~aid
~ coatract: '
~ ~
. ~ • ?.c. Section:20862.8 (providing.service credit at:retixement ior
• ~ ~ • naused sick leave).
B.. Paragraph ?.5 aball be:added to eaid contract: . .
. ~.5 Public Agency, in.accordaace~ai,th Sectioa 20740, Goverament.
~ Code,. shall cesae to be- sa rr~~o~n g~ p~oaee of .
Chapter 6 of'the Public. ~aployees' Retirement Iaw ePfec-
tive aB ot the=ePYective date of this amendment to thie
' coatract_ 6ccumulated caatributioas of ths Public Agency
~ae~ oY the~ date o~' such . smendment sball be fized aad deter-
m3aea as.~oviaea i.a sectioa zo759, Governmeat Code. and
euch accumulated. contributione. aa~: coatributi.one here-
~ .aPter mad~ eball be held hy the Bosrd aB~provided ia~ .
. . . Sectioa ZO'~9,. Governiaest Code. , ~ '
C~.. Paragraph. 8(a) sbaI.l be atrickea irom aafd~ contract and .
tbe.followiag paragraph.shall be substituted thereior:
S.-` Public Ageacy aha'Ll contribute.to said Betiremeat Syatem as~
~ follows:~
a~~Vith respect'to miseell.aaeous members,: the Public Agencp
shall contribute•the Yolloxing percentages oS monthly
ealarie~:earned~.ae miscelleneous a~bere of said Syatem:
~ ~ . .
' Bet~ For~ 702-1 .
' ~1) '0.499~percen~.until June 30t 1890 on acconat oY
the li.abili~? for prior service benefits.
6.037 percent oa accouat oY the liability Por~
. curreat_service benefits.
D•, This. amendment ~ s23a11. be attached to said contract aad sl~a].1 become
eYfective, on the day of ~ .
•
Witnees~ our haac3s this day of d~, .
- -
' ' $
BOARD CtF bDAfIl~IISTRATION CITY CODNCIL~~~~ .
PUBLIC FMPIpYEFS ~ SYS'gM ~ . C~' 'i~ ~ '
CITY C~ C ~ .
_ ~ . ~
HY . • ~
Carl. J.. Blechisser, ~cecutive. Otficer . Presiding Ofticer
~
. Attest:° ~ .
~ Clerls
.
Approaed as~ ta form: .
• City~Attorney
i'"
. . _
, .
CERTlFICATION OF_GOVERNlN6 BOOY'S ACTION " ~
~ I hereby certify. that thr fo~egoing is.a true and co~rect copy ~
of a Resolutio~ adopted by tfie CITY COUNCIL ~
. ( Gove rn i ng Body
of , the GITY CS~' CUPERTII~tiO ~
.
(Name of Pvblic Agency
ort October S, 197b appearing at Page ' 3 ,
: (pate .
~
Volume- of~the (Minutes) (Officiai Reco~ds~.of.the .
CITY CODNC ~ ' .
~ (Governing Body .
,
CI CLEWC or ~
Secreta of the: Boar~ ,
PERS-ACT-12 (T1/71) .
. ~ ' ~ ~ / ~
APPROVED:
ATTEST: /sf Robert W. Meyers
Mayor
/s/ Wm. E. Ryder
City Glerk
AYES: FROLICH, JACKSON, NELLIS, 0'KEEFE, MEYERS
NOES: NONE
ABSENT: NONE
A.BSTAIN: NONE
10/5/76