HomeMy WebLinkAboutOrdinance 624 Amending PERS Contract to Implement Cost Sharing for MB POAORDINANCE NO. 624
AN ORDINANCE OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA
AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE
CITY OF MORRO BAY AND THE BOARD OF ADMINISTRATION OF THE
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
IMPLEMENTING SECTION 20516 (EMPLOYEES SHARING ADDITIONAL COST) FOR
LOCAL POLICE MEMBERS IN THE MORRO BAY PEACE OFFICERS ASSOCIATION
THE CITY COUNCIL
City of Morro Bay, California
THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA DOES HEREBY
FIND AND ORDAIN AS FOLLOWS.
SECTION 1. CONTRACT AMENDMENT. That an amendment to the contract between
the City Council of the City of Morro Bay 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. EXECUTION. The Mayor of the City Council is hereby authorized,
empowered, and directed to execute said amendment for and on behalf of said Agency, with the
effective date of the amendment being October 19, 2019.
SECTION 3. EFFECTIVE DATE. This Ordinance shall be in full force -and take effect 30
days after the date of its adoption, and prior to the expiration of 10 days from the passage
thereof shall be published at least once in the New Times SLO, a newspaper of general
circulation, published and circulated in San Luis Obispo County and thenceforth and thereafter
the same shall be in full force and effect.
SECTION 4. CERTIFICATION. The City Clerk shall certify to the adoption of this
ordinance, and shall cause the same to be posted and coed in the manner required by law.
INTRODUCED at a regular meeting of the City Council held on the 13th day of August
2019, by motion of Council Member Davis and seconded by Mayor Headding.
PASSED AND ADOPTED on the 10th day of S
ATTEST:
DA SWANSON, City Clerk
APP
RIS F. N
AS TO FORM:
EYER, City Attorney
2019,
Ordinance No. 624
Page 1 of 2
STATE OF CALIFORNIA )
COUNTY OF SAN LUIS OBISPO )
CITY OF MORRO BAY )
I, Dana Swanson, CITY CLERK OF THE CITY OF MORRO BAY, DO HEREBY
CERTIFY that the foregoing Ordinance Number 624 was duly adopted by the City Council of the
City of Morro Bay at a regular meeting of said Council on the 10th day of September, 2019, and
that it was so adopted by the following vote:
AYES: Headding, Addis, Davis, Heller, McPherson
NOES: None
ABSENT: None
Clerk, Dana Swanson
IN WITNESS WHEREOF I have hereunto set my hand and affixed the official seal of the
City of Morro Bay, California, this day of f, 2wov? .
SWANSON, City Clerk
Ordinance No. 624
Page 2 of 2
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California
Public Employees' Retirement System
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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 7/1 /1965,
and witnessed June 1, 1
965, and as amended effective August 15, 1981, November 19,
1983, January 7, 1989, June 24
October 17, 1998, April 13, 2000
1989, June 22, 1991, June 10, 1994, June 9, 1998,
June 22, 2002, September 13, 2002, June 21, 2003,
September 27, 2003, July 1, 2006, June 2, 2007, May 31, 2008, March
19, 11, September
17, 2011, December 10, 2011, and June 15, 2019 which provides for partici ation of
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Public Agency in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 19 are hereby s
effective June 15, 2019, and hereby
numbered 1 through 19 inclusive:
tricken from said contract as executed
replaced by the following paragraphs
1 is Contributions required of Public Agency and its employees shall be paid by
Public Agency to the Retirement System within fifteen days after the end of
the period to which said contributions refer or as may be prescribed by
Board regulation. If more or less than the correct amount of contributions
is paid for any period, proper adjustment shall be made in 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 Jq!! day of
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
ARNITA PAIGE, CHIEF
PENSION CONTRACTS AND PREFUNDING
PROGRAMS DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AMENDMENT CaIPERS ID #7048295140
PERS-CON- 02A
CITY COUNCIL
CITY nc nnnQQn Rov
Witness Date
Attest:
Clerk