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O1988 (2) ORDINANCE NUMBER 1988 (CCS) (City Council Series) 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 ORDAIN AS FOLLOWS: SECTION 1. That an amendment to the contract between the City Council of the City of Santa Monica and the Board of Administration, 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 in 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inconsistent with the provisions of this Ordinance, to the extent of such inconsistencies and no further, are hereby repealed or modified to that extent necessary to affect the provisions of this Ordinance. 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 ofthis Ordinance. The City Council hereby declares that itwould 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. Thie t1rrfin~nt"o en~1I t'!:lli'o offo,..t ~n rI!:I\lC- !:toft.or tho rI~+o nf ite ~rI"ntinn 1111.... _1'\..11111I0.oI1"...._ ~II""''' .........,._ _11_'".1'\. _v _....,.... ......._1..11_ _........_ __ .lo.o,;J> ....__,..,..._11, 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: Marsha Jones Moutrie City Attorney A CalPERS EXHIBIT California Public Employees' Retirement System .............. - ............ AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees' Retirement System and the City Cou.ncil 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 April 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, April 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 stricken 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 therein 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. - "'~.SE DO NOT S!r-~IIIEXH/BIT m'" . 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 described 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 police members and local fire members. 10. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 11. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits 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 police 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 administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. Adopted and approved this 10th day of October, 2000. , KenG~ State of California ) County of Los Angeles) ss. City of Santa Monica ) I M:::Iri:::l M ~t""W:::lrt r.itv r.IArk nf th"" r.itv nf ~:::Int:::l Mnnif'~ nn h"'r<>hv ...."'rtifv th::" th", "I ...~..- .... -~----'-, -'-J -----... -. ....- -'''.1 -. --....- ...-...--, -- "-'--1 --....'1 ....-.. .....- foregoing Ordinance No. 1988 (CCS) had it's introduction on September 12, 2000, and ...__ _-1__.1._-1 _.I. &.1-_ l"__.L_ ...__~__ I"""'lo:.&.... ,...._.___~I ___.1.:__ '-_1-1 __ __.I._L _~..._ ^^^^ L WellS elUUf.lI~U ell U1~ ;:lelllLel MUI1I(;el \.oilY \.oOUnGII meeung nelQ on UGIODerl U, LUUU, DY the following vote: A v",c::. . . 'S~~' Council members: a...Inlnrnnli' RnC!:.:.nC!:toin lA,...ll'onu.ln J:.oin~"oin Oln",,,,, . __..." __", I '_""'_II~"_III, '.'_1 ,_"""......, I VII I....LvllIl .....""'...,11.1 Mayor Pro Tem O'Connor, Mayor Genser Noes: Council members: None Abstain: Council members: None Absent: Council members: None ATTEST: ,t/ I i A~ ft;u Maria" Stewart, Cit{Clerk 1/