HomeMy WebLinkAbout7032-5AMENDMENT A TO CITY OF NEWPORT BEACH
SEVENTH AMENDED AND RESTATED EMPLOYMENT
AGREEMENT — CITY CLERK
WHEREAS, on May 24, 2022, the City of Newport Beach, a California
municipal corporation and Charter City ("Employer" or "City") and LEILANI I.
BROWN ("Employee"), an individual (sometimes collectively referred to herein as
"the Parties") entered into a Seventh Amended and Restated Employment
Agreement ("Agreement") for the period of May 24, 2022 through May 24, 2026;
WHEREAS, given increases in the cost of medical insurance and to aid in
the recruitment and retention of valuable employees, the City Council wishes to
amend the Agreement; and
WHEREAS, this amendment will not be binding until it is approved by the
City Council.
NOW, THEREFORE, it is mutually agreed between the Parties as follows:
1. Section 4.J, Employee Benefits, Retirement-CaIPERS of the
Agreement is amended to read as follows:
J. Retirement-Ca1PERS
Employee is a California Public Employees' Retirement System ("CaIPERS")
classic member. Employee is enrolled in the City's Tier I "Classic" CaIPERS
retirement program. Employee contributes thirteen percent (13%) of compensation
earnable towards Employee's retirement benefit which is designated as follows:
Eight percent (8%) member contribution, 2.42% of compensation earnable as cost
sharing per Government Code section 20516(a) and 2.58% of compensation
earnable as cost sharing per Government Code section 20516(f).
Employee's retirement contributions shall be tied to the retirement
contributions required by Tier I non -safety employees covered by the Key &
Management Compensation Plan ("Plan"). If there are changes to the retirement
contributions required by Tier I non -safety employees covered by the Plan, as set
forth in a council -approved Plan, during the term of this Agreement, this Agreement
shall be deemed amended and Employee will be subject to the same formula or
percentage contribution as it is applied to the Tier I non -safety Key & Management
employees covered under the Plan and for the same duration.
Employee retirement contributions that are in addition to the normal CalPERS
Member Contribution shall be calculated on Base Salary, special pays, and other
pays normally reported as "PERSable" compensation (known either as
compensation earnable or pensionable compensation) and will be made on a pre-tax
basis through payroll deduction, to the extent allowable by law.
2. Except as expressly modified herein, all other terms and provisions set
forth in the Agreement shall remain unchanged and shall be in full force and effect.
Signatures on the next page
Brown Employment Contract Page 2 of 3
EMPLOYER
CITY OF NEWPORT BEACH
A Munici 1 Corporation
Kevin M,4Won, Mayor
Date:
APPROVED AS TO FORM:
By: -t'�c &1--1
ar n C. Harp, City Attorney
ATTEST:
M.
EMPLOYEE,
An Individual
Date: It - -�- low
Date: / 0(2 7 / 2 Z,
Date: �G ZGZ
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Brown Employment Contract Page 3 of 3