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HomeMy WebLinkAbout76-59 - Amending Retirement PlanRESOLUTION NO. 76-59 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, AMENDING CERTAIN SECTIONS OF THE RETIREMENT PLAN FOR EMPLOYEES OF THE CITY OF COSTA MESA. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the Retirement Plan for employees of the City of Costa Mesa, established as of July 1, 1962, was amended in its entirety as of July 1, 1973, for the benefit of certain of its employees participating in said Plan, Section 2.1 is now amended as follows: Eligibility Conditions Each employee who is in the service of the employer on the effective date of the Plan shall be eligible for participation as of that date. If he is not in the service of the employer on the effective date, he shall be eligible to participate in the Plan on the first day of a calendar month following his com- pletion of six months of continuous service. Effective July 1, 1972, a new employee is eligible to participate in the Plan on the date of employment and, unless an elected official of the City of Costa Mesa, it is mandatory to participate in the Plan. Nothing contained in this Amendment shall be held to alter or affect any of the provisions of this Plan other than as herein speci- fically provided. The effective date of this Amendment is May 1, 1976; this action is taken non pro tunc. PASSED AND ADOPTED this 3rd day of May, 1976. ATTEST: City Clerk of the City o os to Mesa Mayor of the C '11 o osta Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 76-59 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 3rd day of May, 1976. IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 4th day of May, 1976. J Cit Clerk and ex -officio Cie 1 of the City Council of the City of Vsta Mesa