O1988
ORDINANCE NUMBER 1988 (ees)
(City Council Senes)
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF SANTA MONICA AUTHORIZING AN AMENDMENT TO THE CONTRACT
BETWEEN THE CITY COUNCil OF THE CITY OF SANTA MONICA AND
THE BOARD OF ADMINISTRATION OF THE
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES ORDAI N AS FOllOWS
SECTION 1 That an amendment to the contract between the City Council of the
City of Santa MOnica and the Board of Admmlstratlon, CalifornIa Public Employees'
Retirement System IS hereby authorized, a copy of said amendment being attached hereto,
marked Exhibit, and by such reference made a part hereof as though herein set out m full
SECTION 2 The City Manager IS hereby authOrized, empowered, and directed to
execute said amendment for and on behalf of the City
SECTION 3 Any provIsion of the Santa MOnica MUniCipal Code or appendices
thereto inconsistent With the provIsions of thiS Ordmance, to the extent of such
Inconsistencies and no further, are hereby repealed or modified to that extent necessary
to affect the provIsions of thiS Ordmance
SECTION 4 If any section, subsection, sentence, clause, or phrase of this
Ordinance IS for any reason held to be Invalid or unconstitutional by a decIsion of any court
of any competent JUriSdictIon, such decIsion shall not affect the validity of the remaining
portions of thIS Ordinance The City Council hereby declares that It would have passed thiS
Ordinance, and each and every section, subsection, sentence, clause, or phrase not
declared invalid or unconstitutional Without regard to whether any portion of the Ordinance
would be subsequently declared Invalid or unconstitutional
SECTION 5 The Mayor shall sign and the City Clerk shall attest to the passage of
thiS Ordinance. ThiS Ordmance shall take effect 30 days after the date of ItS adoption,
and prior to the eXpiration of 15 days from the passage thereof the ordinance or a
summary shall be published at least once In The Argonaut, a newspaper of general
Circulation, published and Circulated In Los Angeles County and thenceforth and thereafter
the same shall be In full force and effect.
APPROVED AS TO FORM
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Marsha Jones Moutrle
City Attorney
A
CalPERS
EXHIBIT
California
Public Employees' Retirement System
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AMENDMENT TO CONTRACT
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Santa Monica
'"
..
The Board of Administration, California Public Employees' Retirement System,
hereinafter referred to as Board, and the governing body of the above public agency,
hereinafter referred to as Public Agency, having entered Into a contract effective July 1,
1944, and witnessed Apnl 5, 1944, and as amended effective March 1, 1950,
September 1, 1951, June 1, 1954, November 1, 1960, February 1, 1962, September 12,
1965, November 1,1969, November 25,1973, January 20, 1974, March 3, 1974, June
28, 1981, May 13, 1984, January 1, 1992, Apnl 25, 1993, January 12, 1996, January
15, 1999 and November 13, 1999 which provides for participation of Public Agency In
said System, Board and Public Agency hereby agree as follows
A Paragraphs 1 through 12 are hereby stncken from said contract as executed
effective November 13, 1999, and hereby replaced by the following paragraphs
numbered 1 through 13 Inclusive.
1
All words and terms used herein which are defined In the Public
Employees' Retirement Law shall have the meaning as defined therem
unless otherwise speCifically provided "Normal retirement age" shall
mean age 60 for local miscellaneous members and age 50 for local fire
members; and age 55 for local police members and ocean beach
lifeguards
-r EASE DO NOT Sr~~J "EXHfBIT or!~ \
2 Public Agency shall partIcIpate m the Public Employees' Retirement
System from and after July 1, 1944 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 those, which by express provisions
thereof, apply only on the election of a contractmg agency
3 Employees of Public Agency m 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 Fire FIghters (herem referred to as local safety members).
b Local Police Officers (herem referred to as local safety members),
c Ocean Beach Lifeguards (mcluded as local safety members),
d Employees other than local safety members (herem referred to as
local miscellaneous members)
4 In addition to the classes of employees excluded from membership by
said Retirement Law, the followmg classes of employees shall not become
members of said Retirement System
NO ADDITIONAL EXCLUSIONS
5 The percentage of fmal compensation to be prOVided for each year of
credited pnor and current selVlce as a local miscellaneous member shall
be determIned m accordance With Section 21353 of said Retirement Law
(2% at age 60 Full)
6 The percentage of final compensation to be prOVIded for each year of
credited prior and current selVlce as a local ocean beach lifeguard
member shall be determmed m accordance With Section 21366 of said
Retirement Law (One-half pay at age 55 Full)
7. The percentage of final compensation to be proVided for each year of
credited pnor and current selVlce as a local fire member shall be
determined m accordance With Section 21362 of said Retirement Law (2%
at age 50 Full)
8 The percentage of final compensation to be prOVided for each year of
credited pnor and current service as a local pollee member shall be
determmed In accordance With Section 21363.1 of said Retirement Law
(3% at age 55) The reqUired employee contnbutlon rate IS 9% of
reportable compensation.
"' ~ ~SE DO NOT S'(\~, tiEXHfBlT O~ r"
9 Public Agency elected and elects to be subject to the following optional
provIsions'
a Section 20421 (" Local Safety Member" shall Include ocean beach
lifeguards of a city as descnbed In Government Code Section
20421 )
b. Section 21571 (BaSIC Level of 1959 SUrviVor Benefits) for ocean
beach lifeguards
c Section 21222 1 (Special 5% Increase-1970) Legislation repealed
said Section effective January 1, 1980.
d Sections 21624 and 21626 (Post-Retirement Survivor Allowance)
for local police members and local fire members only
e Section 20042 (One-Year Final Compensation) for local police
members and local fire members only
f Section 21024 (MIlitary Service Credit as Public Service). Statutes
of 1976.
g Section 20903 (Two Years Additional Service Credit)
h Section 21573 (Third Level of 1959 Survivor Benefits) for local
miscellaneous members, local pohce members and local fire
members.
10 Public Agency shall contnbute to said Retirement System the contnbutions
determIned by actuanal valuations of pnor and future service liability With
respect to local miscellaneous members and local safety members of said
Retirement System
11 PubliC Agency shall also contnbute to said Retirement System as follows'
a. Contnbutlons reqUIred per covered member on account of the 1959
Survivor BenefJts proVided under Section 21573 of said Retirement
Law. (Subject to annual change.) In addition, all assets and
liabilities of Public Agency and Its employees shall be pooled In a
Single account, based on term Insurance rates, for SUrviVorS of all
local miscellaneous members, local pohce members and local fire
members
b. A reasonable amount, as fixed by the Board, payable In one
Installment Within 60 days of date of contract to cover the costs of
admlnlstenng said System as It affects the employees of Public
Agency, not Including the costs of speCial valuations or of the
penodlc Investigation and valuations reqUIred by law.
C A reasonable amount, as fixed by the Board, payable m one
Installment as the occasions anse, to cover the costs of special
valuations on account of employees of Public Agency, and costs of
the penodic Investigation and valuations required by law
12 Contnbutlons required of Publrc 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 expenence under the
Retirement System as determmed by the penodlc mvestlgatlon and
valuation required by said Retirement Law.
12 Contnbutlons reqUired of Public Agency and Its employees shall be paid
by Publrc Agency to the Retirement System within fifteen days after the
end of the penod to which said contributions refer or as may be prescnbed
by Board regulation If more or less than the correct amount of
contributions IS paid for any penod, proper adjustment shall be made m
connection With subsequent remittances. Adjustments on account of
errors In contributions required of any employee may be made by direct
payments between the employee and the Board
B.
This amendment shall be effective on the
day of
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETI REMENT SY&!=M CITY OF SANTA MONICA
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BY "y \.- BY , r\\~\..\
KENNETH W M~RZIQ ~fE1= PRESIDING OFFICE~~\\\~\ \ \)\.
ACTUARIAL & EM R SERVICES DIVISION r~~~'V"
PUBLIC EMP~ ) RETIREMENT SYSTEM ~\ ~~~..~
('\;'~ , ~ \)\:l ~
_,' C'_ b..S
'\...Wltness Date
Attest:
Clerk
AMENDMENT
PERS.CON-702A (Rev 8\96)
Adopted and approved this 10th day of October, 2000
State of California )
County of Los Angeles) ss
City of Santa MOnica )
I, Marla M Stewart, City Clerk of the City of Santa MOnica, do hereby certify that the
foregoing Ordinance No 1988 (CCS) had It's introduction on September 12, 2000, and
was adopted at the Santa MOnica City Council meeting held on October 10, 2000, by
the follOWing vote
Ayes
Council members Holbrook, Rosenstein, McKeown, Feinstein, Bloom,
Mayor Pro Tern O'Connor, Mayor Genser
Noes'
CouncIl members None
Abstain Council members None
Absent Council members None
ATTEST-
r ~~na " Stewart, C~