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R-10039 ., RESOLUTION NUMBER 10039 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AUTHORIZING THE CITY TO PAY AND REPORT TO THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTIONS WHEREAS, the governing body of the City of Santa Monica has the authority to implement Government Code Section 20636(c)(4) pursuant to Section 20691; arid WHEREAS, the governing body of the City of Santa Monica has a written labor policy or agreement which specifically provides for the normal member contributions to be paid by the employer, and reported as additional compensation; and WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the governing body of the City of Santa Monica of a Resolution to commence paying and reporting the value of said Employer Paid Member Contributions (EPMC), NOW THEREFORE, the City Council of the City of Santa Monica does hereby resolve as follows: SECTION 1. The City of Santa Monica elects to pay and report the value of EPMC, as follows: This benefit shall apply to all (miscellaneous member) employees of the Employees Action Committee. This benefit shall consist of paying seven percent (7%) of the normal contributions as EPMC, and reporting the same percent (value) of compensation earnable as additional compensation, but excluding the option provided by Government Code Section 20636(c)(4). 1 The effective date of this benefit shall be May 29, 2005. SECTION 2. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: 2 Adopted and approved this 25th day of May, 2005. ~~ . I-Pam O'Connor, Mayor I, Maria Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 10039 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 25th day of May, 2005, by the following vote: Ayes: Council members: Mayor O'Connor, Mayor Pro Tern Katz, Bloom, Genser, McKeown, Shriver Noes: Council members: None Abstain: Council members: None Absent: Council.mernbers: Holbrook ArrEST: \.u ~ ~~~.J- Maria M. Stewart, ity Clerk 3