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SR-100-000-05 Council Meeting: December 16, 2003 Santa Monica, CA To: Mayor and City Council From: City Staff Subject: Enrollment of City Council Members in the Public Employees Retirement System (PERS) Introduction This report requests that the City Council provide direction to staff regarding enrollment of Council Members in the Public Employee Retirement System (PERS). Background In November of 1998 a measure to amend the City Charter pertaining to compensation for City Council Members appeared on the ballot and was passed by the voters. During preparation of the 2003/04 budget, the City Council inquired whether Council Members should be enrolled in PERS under the terms of the Charter Amendment. Staff responded in the June 10, 2003 Information Item addressing budget study session questions. On June 16, 2003, the City Council adopted a budget that included funds for prospective enrollment of Council Members in PERS. Discussion PERS has no requirement for adoption of a resolution by Council to prospectively enroll its members. This item is before the Council to ensure that the action that staff will take to enroll Council Members is publicly noticed. 1 Budget/Financial Impact For the current fiscal year, the total due to PERS for enrollment of Council Members is $7,206 which is available at account number 01273.511780 as a result of the Council’s adoption of the 2003/04 budget. Recommendation It is recommended that the City Council deliberate and provide direction to staff regarding enrollment of City Council Members in PERS. Prepared by: Susan E. McCarthy, City Manager 2