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RESOLUTION NO. 77-66
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, AMENDING 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, and amended in its entirety as of
July 1, 1973, by the City of Costa Mesa, a City incorporated and exist-
ing under the laws of the State of California for the benefit of certain
of its employees participating in said Plan, is hereby amended as
follows:
4.8 Special Payment to Retired Employees
Effective July 1, 1977, the monthly amount of retirement benefits
payable to participants then retired and living on that date and
receiving benefits under Sections 4.1, 4.2, or 4.3 shall be in-
creased by one and one-quarter percent for each full calendar
quarter so retired from July 1, 1975, to July 1, 1977.
BE IT RESOLVED THAT the effective date of this amendment shall be
July 1, 1977.
BE IT FURTHER RESOLVED THAT nothing contained in these amendments
to the restated Retirement Plan shall be held to alter or affect any of
the provisions of this Plan other than as herein specifically provided.
PASSED AND ADOPTED this 6th day of June, 1977.
Xao@r±of the City ofsa
ATTEST:
Ci4V,lerk of the City of Cost 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. 77-66 was duly and regularly passed and adopted
by the said City Council at a regular meeting thereof, held on the 6th
day of June, 1977.
IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa this 7th day of June, 1977.
City Clerk and ex -officio Clerk o the
City Council of the City of Cosmesa