HomeMy WebLinkAbout1805 - Ocean Lifeguard Retirement PlanNO. 1805
•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 (CHP 28
AT 50 - OCEAN LIFEGUARDS)
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
(CHP 2% at 50 - Ocean Lifeguards), 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.
10 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 be effective 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 official newspaper of the
City, 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
14th day of May 1979, and was adopted
on the 29th day of May 1979, by the
following vote, to wit:
ATTEST:
,,�, L,,
City Clerk
CERTIFIED AS THE CRIGINAt AND
CERTIFIED AS TO Pt ZMICATION
JUN 4 1979
DATE. ........ ........................
CITY CI:RK Oi TI
C- TY OF N F RT BEACH
D
AYES, COUNCILMEN Rvckoff. Williams,
Hart, Heather, Hummel, Strauss and McInnis
NOES, COUNCILMEN
ABSENT COUNCILMEN
a, "-,-7 �
May (pr
-2-
DDO /kb
4/30/79
3
X- Ei7Jl-lZVT TO COIT=CT BETWEUN THE
BOARD OF ADI-fINISTRATION
PUBLIC 0PLOYEES' RETIRE:IENT SYSTEM
AIM THE
CITY COUNCIL
OF THE
CITY OF NEWPORT BEACH
The Board of Administration, Public 1}1171.'65ees� RetiremeYaC System, herein-
.
after referred to as "Board ", and the gov rn g';r6q`d� d move public agency,
hereinafter referred to as "Public Agency "? bj3v; entered into a contract
under date of April 27, 1945, effective Jui, 1945,and as amended
effective March 1, 1948, November 1, 1951, April 1,'1956, October 31, 1970
September 18, 1971, December 11, 1971, September 24, 1977, December 18, 1977,
June 17, 1978, March 24, 1979, w1hieh provides for participation of Public Agency in
said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 11 are hereby stricken from said contract as
executed effective March 24, 1979, and hereby replaced by the
following paragraphs number 1 through 10 inclusive:'
1. All words and terms used herein which are defined in the Public
Employees' Retirement Law shall have the meaning as defined therein
unless otherwise specifically provided. "Normal retirement age"
shall mean age 60 for miscellaneous members and age 50 for local
safety members.
2. Public Agency shall participate in the Public Employees' Retirement
System from and after July 1, 1945, making its employees as
hereinafter provided, members of said System subject to all provisions
of the Public Employees' Retirement Law except such as apply only on
election of a contracting agency and are not provided for herein
and to all amendments to said Law hereafter enacted except such as
by express provisions thereof apply only on the election of contracting.
agencies.
3. Employees of Public Agency in the following classes shall become
members of said Retirement System except such in each such class
as are excluded by law or this agreement:
a. Local Firemen (herein referred to as local safety members);
b. Local Policemen (herein referred to as local safety members);
c. Lifeguards on ocean beaches (included as local safety members);
d. Employees other than local safety members (herein referred to as
miscellaneous members).
In addition to die classes of employees excluded from membership by
said Retirement Law, the following classes of employees shall not
become members of said Retirement System:
NO ADDITIONAL EXCLUSIUNS
EXHIBIT q
PERS -CON -702 -1
0',
a. 20019.3 (providing for inclusion of lifeguards on ocean beaches
as local safety members).
b. Sections 21380 -21388 (providing for allowances for survivors
of members covered under the 1959 Survivor's Program upon the
member's death before retirement).
c. Sectlon.20930.3. (allowing public service credit under the
provisions of Chapter 830, Stats. 1976, for up to four years
of continuous military or merchant marine service).
d. 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 'c' Agency added
aid
s benefit to its contract shall be given another opportunity
to elect to be covered under the program).
e. Section 20862.8 (providing service credit at retirement for
unused sick leave), for miscellaneous members.
7. Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on September 24, 1977.
Accumulated contributions of Public Agency as of the aforementioned
date shall be fixed and determined as provided in Section 20759,
Government Code, and accumulated contributions as of the afore-
mentioned date and contributions thereafter made shall be held by
the Board as provided in Section 20759, Government Code.
8. Public Agency shall contribute to said Retirement System as follows:
a. With respect to miscellaneous members, the agency shall
contribute the following percentages of monthly salaries
earned as miscellaneous members of said Retirement System:
(1) 9.145 percent on account of the liability for current
service benefits.
(2) 0.282 percent on account of the liability for the
1959 Survivor Program.
EXHIBIT
PERS-CON- 7022)
4. The fraction of final compensation to be provided
for each year of
credited prior and current service as a miscellaneous member shall
be determined in accordance with Section 21251.13
of said Retirement
Law (2% at age 60).
5. The fraction of final compensation to be provided
for each year
of credited prior and current service as a safety
member sball
be determined in accordance with Section 21252.01
of said
Retirement Law (22 at age 50).
6. The following additional provisions of the Public
Employees' Retirement
Law which apply only upon election of a contracting agency shall apply
to the Public Agency and.its employees:
0',
a. 20019.3 (providing for inclusion of lifeguards on ocean beaches
as local safety members).
b. Sections 21380 -21388 (providing for allowances for survivors
of members covered under the 1959 Survivor's Program upon the
member's death before retirement).
c. Sectlon.20930.3. (allowing public service credit under the
provisions of Chapter 830, Stats. 1976, for up to four years
of continuous military or merchant marine service).
d. 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 'c' Agency added
aid
s benefit to its contract shall be given another opportunity
to elect to be covered under the program).
e. Section 20862.8 (providing service credit at retirement for
unused sick leave), for miscellaneous members.
7. Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on September 24, 1977.
Accumulated contributions of Public Agency as of the aforementioned
date shall be fixed and determined as provided in Section 20759,
Government Code, and accumulated contributions as of the afore-
mentioned date and contributions thereafter made shall be held by
the Board as provided in Section 20759, Government Code.
8. Public Agency shall contribute to said Retirement System as follows:
a. With respect to miscellaneous members, the agency shall
contribute the following percentages of monthly salaries
earned as miscellaneous members of said Retirement System:
(1) 9.145 percent on account of the liability for current
service benefits.
(2) 0.282 percent on account of the liability for the
1959 Survivor Program.
EXHIBIT
PERS-CON- 7022)
Y
M
V
b. With respect to local safety members, the agency shall
contribute the following percentages of monthly salaries
earned as local safety members of said Retirement System:
(1) 19.538 percent on account of the liability for current
service benefits.
(2) .004percent on account of the liability for the
1959 Survivor Program.
c. A reasonable amount per annum, as fixed by the Board to cover
the costs of administering said System as it affects the
employees of Public Agency, not including the costs of special
valuations or of the periodical investigation and valuations
required by law.
d. A reasonable amount as fixed by the Board, payable in one
installment as the occasions arise, to cover the costs of
special valuations on account of employees of Public Agency,
and costs of the periodical investigation and valuations
required by law.
9. Contributions required of Public Agency and its employees shall be
subject to adjustment by Board on account of amendments to the
Public Employees' Retirement Law, and on account of the experience
under the Retirement System as determined by the periodical
investigation and valuation required by said Retirement Law.
.10. Contributions required of Public Agency and its employees shall
be paid by Public Agency to the Retirement System within thirty
days after the end of the period to which said contributions
refer or as may be prescribed by Board regulation. If more or
less than the correct amount of contributions is paid for any
period, proper adjustment shall be made in connection with
subsequent remittances, or adjustments on account of errors
in contributions required of any employee may be made by
direct cash payments between the employee and the Board.
Payments by Public Agency to Board may be made in the form
of warrants, bank checks, bank drafts, certified checks,
money orders, or cash.
B. This amendment shall be attached to said contract and shall be effective on
the day of , 19
EXHIBIT A
PERS- CON -702
0
i
Witness our hands this
BOARD OF ADMINISTRATION
PUBLIC MPLOYEES' RETIREMENT SYSTEM
BY
Carl J. Blechinger, Executj facer'
p7§,LT.
Approved as to form.
Legal Office, PMS
EXHIBIT A
day of 19
OF THE
BY
Presiding officer
-Attest:
Clerk
PERS-CON-7020-4
lu
f
a
CITY OF NEWPORT BEACH
Increased costs to the City of Newport Beach amending the Public Employees'
Retirement System contract to provide 2% @ 50 Retirement Formula for
Lifeguards.
Safety Members
Estimated annual P.E.R. expense before amendments $48,482.00
Estimated increase P.E.R.S. expense for: (Note 1)
2% @ 50 Retirement Formula for Lifeguards $ 2,205.00
Estimated annual P.E.R.S. expense providing
2% @50 Retirement Formual for Lifeguards $50,687.00
NOTE 1: The above estimate is based on the annual budgeted wages of Lifeguards
for Fiscal Year 1979/80.
E0911 A