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HomeMy WebLinkAbout12-09 - Amendment to Contract (CALPERS and City Council)RESOLUTION NO. 12-9 •off rolarelETURM •k BOARD OF ADMINISTRATION CALIFORNIAPUBLIC EMPLOYEES'RETIREMENT CITY COUNCIL CITY OF COSTA MESA WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 20475 (Different Level of Benefits). Section 21353 (2% @ 60 Full formula) is applicable to local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract. NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this refence made a part hereof. 0 Mayor Title February 7, 2012 Date adopted and approved Amendment) :CON -302 (Rev. 4/96) - STATE OF CALIFORNIA COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 12-9 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 7th day of February, 2012, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: MONAHAN, RIGHEIMER, BEVER, LEECE, MENSINGER NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 8th day of February, 2012. C JULI FOLCIK, CITY CLERK (SEAL)