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HomeMy WebLinkAbout17-65 - EPMC for CMFA effective 10-29-17RESOLUTION NO. 17-65 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, FOR PAYING AND REPORTING THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTION (EPMC) RELATING TO COSTA MESA FIREFIGHTERS ASSOCIATION EMPLOYEES THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the governing body of the City of Costa Mesa has the authority to implement Government Code section 20636(c)(4) pursuant to Government Code section 20691; and WHEREAS, the governing body of the City of Costa Mesa has a written agreement which specifically provides for the normal member contributions to be paid by the employer, and reported as additional compensation; and WHEREAS, one of the steps in the procedures to change Section 20691 contributions is the adoption by the governing body of the City of Costa Mesa of a resolution for paying and reporting the value of said Employer Paid Member Contributions (EPMC) pursuant to 2 CCR section 571(a)(1); and WHEREAS, the governing body of the City of Costa Mesa has identified the following conditions for the purpose of its election to pay EPMC: This benefit shall apply to all Costa Mesa Firefighters Association employees. • For employees eligible for the 1st tier retirement benefit (3%@50), this benefit shall consist of paying six percent (6%) of the normal contributions as EPMC, and reporting the same percentage (value) of compensation earnable (excluding Government Code section 20636(c)(4)) as additional compensation. • For employees eligible for the 2nd tier retirement benefit (2%@50), this benefit shall consist of paying zero percent (0%) of the normal contributions as EPMC, and reporting the same percentage (value) of compensation earnable (excluding Government Code section 20636(c)(4)) as additional compensation. • The effective date of this Resolution shall be October 29, 2017. NOW, THEREFORE, BE IT RESOLVED that the governing body of the City of Costa Mesa elects to pay and report the value of EPMC, as set forth above. Resolution No. 17-65 Page 1 of 2 PASSED AND ADOPTED this 17th day of October, 2017. ATTEST: Brenda Green, tity Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) APPROVE AS Thomas Du rte, FORM: City Attorney I, BRENDA GREEN, City Clerk of the City Council of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 17-65 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 17th day of October, 2017, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: Stephens, Genis, Foley NOES: COUNCIL MEMBERS: Mansoor, Righeimer ABSENT: COUNCIL MEMBERS: None IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 18th day of October, 2017. :4 111 INNER R n Resolution No. 17-65 Page 2 of 2