HomeMy WebLinkAbout63-110 - Retirement Plan - Addition of Disability Benefits4&
RESOLUTION NO. 63-110
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA
APPROVING THE ADDITION OF DISABILITY BENEFIT TO THE RETIREMENT
PLAN.
WHEREAS, the actuaries for the Employees' Retirement program have
indicated that it is possible to include provisions for disability benefits in
the existing Retirement Plan of the City of Costa Mesa without additional cost
to the City or the employees; and
WHEREAS, the Retirement Committee has studied the proposed plan for dis-
ability payments and recommends that it be included in the Retirement Plan of the
City of Costa Mesa; and
WHEREAS, this City Council deems it to be in the best interest of the City
that said provisions for disability payments be included in the Retirement Plan;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Costa
Mesa that said provisions for the payment of disability benefits to employees be,
and the same are hereby, approved, ratified and confirmed, and the amendment of
the Retirement Plan to include said payments is hereby authorized retroactive to
July 1, 1963•
PASSED AND ADOPTED, this 4th day of November, 1963•
yor of the City of Costa Mesa
ATTEST:
City Clerk of the City of Costa Mesa
STATE OF CALIFORNIA
COUNTY OF ORANGE ) SS.
CITY OF COSTA MESA )
I, C. K. PRIEST, City Clerk of the City of Costa Mesa and ex -officio Clerk
of the City Council of the City of Costa Mesa, hereby certify that the above and
foregoing Resolution No. 63-110 was duly and regularly passed and adopted by the
City Council of the City of Co; to Mesa at a regular meeting held on the 4th day
of November, 1963•
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of
the City of Costa Mesa, this 5th day of November, 1963•
City Clerk and ex -officio Clerk of the
City Council of the City of Costa Mesa