Loading...
00-027 CalPERS.:~-; r AGREEMENT TC~ POOL 1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES BETVI/EEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM ANID THE CITY COUNCIL CITY OF CUPERTINO WHEREAS, Government Code Section 21574.5 provides for a single employer rate to be established to provide I~enefits under said Section on account of members employed by contracting agencies electing to include the provision of said Section in their contracts; and WHEREAS, Government Code Section 21574.5, requires pooling of all assets and liabilities of all contracting agencies subject to said Section; NOW, THEREFORE BE IT AGREED, that assets and liabilities of the City of Cupertino and its covered employees :;hall be pooled, pursuant to the provisions of Government Code Section 21574.5. BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY KENNETH W. MARZION, CHIEF ACTUARIAL & EMPLOYER SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY COUNCIL CITY OF CUPERTINO B ~ _% SIDING OFFICER John Statton, Mayor ~~~~ -~ Date PERS-CON-59 (Rev. 9/00) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION CIF COMPLIANCE WITH GOVERNMENT CODE SECTION 7507 I hereby certify that in accordance with ~~ection 7507 of the Government Code the future annual costs as determined b~/ the System Actuary and/or the increase in retirement benefit(s) have been made public at a public meeting of the City Council of the (governing body) City of Cupertino (public agency) on __ November 6. 200o which is at least two weeks prior to the adoption of the (date) Resolution /Ordinance. Cle k/Secretary Administrative Clerk Title Date November 9, 2000 PERS-CON-12A (rev. 1/96) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION OF GCIVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the City Council Of the (governing body) City of Cupertino (public ~igency) On November 9, 2000 (date) _ ~ ~~ Cler Secretary Administrative Clerk Title PERS-CON-12 (rev. 1/96) RESOLUTION NO. 00-279 A RESOLUTION OF THE CITY COUNCIL, OF THE CITY OF CUPERTINO PROVIDING NOTICE OF AN INTENT TO APPROVE AN AMENDMENT TO A CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM APdD THE CITY OF CUPERTINO 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, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution 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: To provide Section 21574.5 (Indexed Level oI~ 1959 Survivor Benefits) for local miscellaneous members NOW, THEREFORE, BE IT RESOLVI?D that the City Council of the City of Cupertino does hereby give notice of intention to approvf; an amendment to the contract between the City of Cupertino and the Board of Administration of the Public Employees' Retirement system, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino on the 6`h day of November, 2000, by the following vote: Vote Members of the Cit Council AYES: Burnett, Chang, James, Lowenth~il, Statton NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: /s/Kimberly Smith /s/J~~hn Statton City Clerk Mayor, City of Cupertino i ORDINANCE NO. 1846 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING AN AMENDMErJT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF CUPERTINO AND TI-IE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMI'LOYL-L-S' RETIREMENT SYSTEM REGARDING PUBLIC SERVICE CREDIT FOR PEACE CORPS OR AME:t2ICA CORPS:VISTA SERVICE THE CITY COUNCIL OF THE CITY OF CUPERTINO HEREBY ORDAINS AS FOLLOWS: Section 1. That an amendment to the contract between the City Council of the City of Cupertino and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit I, and by such reference made a part hereof as though herein set out in full. Section 2. The Mayor of the City of Cupertino is hereby authorized, empowered, and directed to execute said amendment for and on behalf of the City of Cupertino. Section 3. The City Clerk shall cause this ordi;aance to~be published at least once in a newspaper of general circulation in the Cit:~ of Cupertino within I S days after its adoption, in accordance with Government (ode Section 36933, shall certify to tl~e adoption of this ordinance and shall cause this ordinance and her certification, tobether with proof of publication, to be entered in the Book of Ordinances of the Council of this City. INTRODUCED at a regular meeting of the City Council of the City of Cupertino the 17`" of April, 2000 and ENACTED at a regular meeting of the City Council of the City of Cupertino on May 1, 2000 by tl~e following vote: Vote: Members of the City Cowlcil THis is Ayes: Burnett, Chang, James, Lowenthal, StT~t~ENT ~STpTCERTIFY ~-AT Noes: None ORIGINAL pN F RUE AND CORRErHE ~1'Hlly Absent: None ATTF !~ IN PHIS OFFICECT Cpp~. OF _ST (DATE) Abstain: None CITY CLERK OF Tf;c CITY ~ -a~ BY C' C, kRrllvp ATTEST: APPROVED .~'-- ,s/Kimberly Smith City Clerk /s/John Statton Mayor, City of Cupertino