Loading...
HomeMy WebLinkAbout1756 - PERS 1959 Survivors Benefit0 A n ORDINANCE NO. 1756 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (ADDITIONAL CHOICE TO ELECT THE 1959 SURVIVORS BENEFIT) The City Council of the City of Newport Beach DOES ORDAIN as follows: SECTION 1. That an amendment to the Contract between the City Council of the City of Newport Beach and the Board of Administration, California Public Employees' Retirement System (Additional Choice To Elect The 1959 Survivors Benefit), is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A ", and by such reference made a part hereof as though herein set out in full. SECTION 2. The Mayor and City Clerk of the City of Newport Beach are hereby authorized, empowered and directed to execute said amendment for and on behalf of the City of Newport Beach. SECTION 3. This Ordinance shall take effect thirty (30) days after the date of its adoption, and prior to the expiration of fifteen (15) days from the passage thereof shall be published at least once in the Newport Harbor Ensign, a newspaper of general circulation, published and circulated in the City of Newport Beach, and thenceforth and thereafter the same shall be in full force and effect. This Ordinance was introduced at a regular meeting of the City Council of the City of Newport Beach held on the 19 25th day of October , 1977, and was adopted on • L R the 14th day of following vote, to wit: ATTEST: City Cl k IffED AS ,'!HE ORI 1 L &ITY CLE &K O THE CITY OF NEWPORT AEl 1 November 1977, by the AYES, COUNCILMEN: Dostal, Barrett, Kuehn McInnis, Rogers, Ryckoff, Williams NOES, COUNCILMEN: None DDO /bc 10/19/77 $LEASE RFTURN To CITY CLERK CITY OF NEWPORT BEACH 3300 NEWPORT BOULEVARD NEWPORT BEACH, CAt.1F. 92663 AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH • The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board and the City Council of the City of Newport Beach, hereinafter referred to as Public Agency having entered Into a contract under date of April 27, 1945, effective July 1, 1945, and as amended effective March 1, 1948, November 1, 1951, April 1, 1956, October 31, 1970, September 18, 1971 December 11, 1971 and September 24, 1977, which provides 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 7 of sold contract: 7(, , 6) Section 21389 (providing that miscellaneous members not covered by federal Social Security who did not elect to be covered by the 1959 Survivor Benefit when Public Agency added said benefit to its contract shall be given another opportunity to elect to be covered under the program). B. This amendment shall be attached to said contract and shall become effect - Ive on the !Ilob day of Aseembes, 1043�- Witness our hands this i=ce day of a.�o„a.er-. 1977 BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY _ • Carl J. Flechinger, &a cutive Officer Approved as to form: CITY COUNCIL OF THE CITY OF NEWPORT BEACH B d� as ding Offic r Attest: Legal Office, PERS Clem Rat, form 702