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HomeMy WebLinkAbout06 - NB-1 - Amendment to Contract Between CalPers - 1/18/2011CITY COUNCIL AGENDA REPORT MEETING DATE: JANUARY 18, 2011 ITEM NUMBER: V-1 SUBJECT: AMENDMENT TO THE CONTRACT BETWEEN CALPERS AND THE CITY OF COSTA MESA TO INCLUDE PROVISIONS PURSUANT TO GOVERNMENT CODE 20516 "COST SHARING" (LOCAL SAFETY AND MISCELLANEOUS PLANS) DATE: JANUARY 11, 2011 FROM: ADMINISTRATIVE SERVICES DEPARTMENT/HUMAN RESOURCES DIVISION PRESENTATION DEBRA YASUI, HUMAN RESOURCES ADMINISTRATOR BY: BOBBY YOUNG, BUDGET AND RESEARCH OFFICER FOR FURTHER INFORMATION CONTACT: DEBRA YASUI AT (714) 754-5052 RYAN THOMAS AT (714) 754-5104 RECOMMENDATION: 1) Adopt a Resolution of Intention (Attachment 1) to approve an Amendment to the Contract between the Board of Administration of the California Public Employees' Retirement System (CaIPERS) and the City Council of the City of Costa Mesa (Exhibit) in order to implement Government Code Section 20516 "Cost Sharing" for Local Safety and Local Miscellaneous employees. 2) Introduce, give first reading to be read by title only to, and waive further reading of Ordinance No. (Attachment II), which authorizes the amendment to the CaIPERS contract to implement Government Code Section 20516 "Cost Sharing" for Local Safety and Local Miscellaneous employees. 3) Authorize the City Clerk to execute required CaIPERS certifications: a. Certification of Governing Body's Action — PERS-CON-12 (Attachment III). b. Certification of Employee Election PERS-CON-15 (Attachment IV). c. Certification of Compliance with Government Code Section 20516 for Local Safety and Miscellaneous (Attachment V). BACKGROUND: Presently, the City of Costa Mesa contracts for three retirement plans with CaIPERS: a 3% @ 50 plan for Sworn Police employees, a 3% @ 50 plan for Sworn Fire employees and a 2.5% @ 55 plan for Miscellaneous employees. At the City Council Meeting on October 12, 2010, the City Council approved a Side Letter of Agreement (LOA) that amended certain portions of the 2007-2013 1 Memorandum of Understanding (MOU) between the Costa Mesa Firefighters Association and the City. Specifically, the LOA called for the employees covered by the agreement to contribute 5% of the employee's PERSable earnings towards their employee retirement contribution, commencing October 24, 2010, and continuing through 26 consecutive pay periods. At the Special Meeting of the City Council Meeting on October 26, 2010, the City Council adopted Side Letter of Agreements (LOAs) with the Costa Mesa City Employees Association (CMCEA), the Costa Mesa Police Management Association (CMPMA), the Costa Mesa Police Association (CMPA) and Costa Mesa Fire Management Association (CMFMA); and a Resolution for Unrepresented Employees (Executive and Confidential). These LOAs and Resolution also called for increases in employee contributions towards retirement. Specifically, the CMCEA agreed to an additional employee contribution of 4% PERSable earnings towards the employee portion of retirement for 52 pay periods (total of 7.52%). The CMPMA and CMPA agreed to employee contributions totaling 5% PERSable earnings for 104 pay periods. The CMFMA also agreed to employee contributions of 5% PERSable earnings towards the employee retirement contribution commencing October 24, 2010. This would occur for a minimum of 26 consecutive pay periods and continue for up to 104 pay periods. The Unrepresented Executive and Confidential Employees would be subject to the same cost sharing as CMCEA members. On October 28, 2010, City staff submitted a request to CalPERS to initiate the contract amendment process. CalPERS confirmed that actuarial valuations will not be required. On December 16, 2010, the City received the contract amendment packet. ANALYSIS: This CalPERS contract amendment was a key provision of the negotiated agreements between the City and the CMFA, CMCEA, CMPA, CMPMA and CMFMA that were approved by the City Council on October 12 and October 26, 2010. The parties to these agreements considered a wide variety of issues in the context of good faith negotiations in accordance with Government Code Section 3500 et seq. (Meyers- Milias-Brown Act). CalPERS requires that clearly defined procedures be followed for contract amendments. The following are guidelines provided by CaIPERS in order to complete the contract amendment process: • First, a Resolution of Intention must be approved by the City Council, and a first reading of the Ordinance authorizing an amendment to the contract must occur. In addition, authorization for the City Clerk to provide "Certification of Governing Body's Action" and "Certification of Compliance with Government Code Section 20516" are required. • Government Code Section 20474 requires a secret ballot election by the employees affected whenever the contract is amended to provide a benefit which changes the employees' rate of contribution. This election must be held for each contract group prior to the adoption of the final Ordinance. E • A final reading of the Ordinance and a City Council vote on adoption must occur at least twenty (20) days after the adoption of the Resolution of Intention (February 15, 2011 City Council Meeting). The City Attorney recommends that an Urgency Ordinance be acted on concurrently. If the Urgency Ordinance is adopted, it may take effect as early as the day following adoption, February 16, 2011. If the regular Ordinance is adopted, it may take effect no less than 30 days later. In this case, the effective date of the regular Ordinance will be March 18, 2011. • The effective date of the contract amendment must be the first day of a payroll period and may not be earlier than the day after the effective date of the Ordinance (or Urgency Ordinance). Therefore, the earliest possible effective date of the contract amendment would be February 27, 2011, the first day of a payroll period. ALTERNATIVES CONSIDERED: The LOAs were adopted by the City Council and represent the successful conclusion of the legal process. As such, no alternatives are being considered. FISCAL REVIEW: The implementation of the LOA articles with CMCEA, CMFA, CMPMA, CMPA, CMFMA, and the Resolution affecting the Unrepresented Executive and Confidential groups will provide an annual total cost savings to the City of approximately $3.6 million. Implementing this resolution will provide a savings of approximately $1,167,000 in the 2010-2011 fiscal year. It is estimated that for the two (2) fiscal years following the cost sharing contract amendment, the City will achieve a cost savings of approximately $6.0 million. LEGAL REVIEW: The City Attorney's Office has reviewed the attached documents and, where appropriate, approved them as to form. CONCLUSION: In order to amend the CalPERS contract, the following must occur: adoption of the "Resolution of Intention to Approve an Amendment to the Contract between the Board of Administration of the California Public Employees' Retirement System and the City Council of the City of Costa Mesa"; introduction and first reading of the Ordinance authorizing the amendment to the contract to implement Government Code Section 20516 "Cost Sharing"; and authorization given to the City Clerk to execute required CalPERS certifications. The amendment must be completed in order to obtain the cost savings agreed to through the side letters with the various employee groups. 3 DEBRA YASUI Human Resources Administrator/Risk COLLEEN O'DONOGHUE Assistant Finance Director STEPHEN N. MANDOKI Director of Administrative Services KIMBERLY HALL BARLOW City Attorney DISTRIBUTION: City Manager Assistant City Manager City Attorney City Clerk Assistant Finance Director Budget and Research Manager ATTACHMENTS: I Resolution of Intention and Exhibit Amendment to Contract II Ordinance No. III Certification of Governing Body's Action (PERS-CON-12) IV Certification of Employee Election (PERS-CON-15) V Certification of Compliance with Government Code Section 20516 for Local Safety and Miscellaneous 011811 Council Agenda Report-CalPERS Contract Amendment Cost 01/06/2011 2pm Sharing for Local Safety and Local Miscellaneous n IN •I I ii 1 lii'111!11115112 ■ BOARD OF ADMINISTRATION CITY COUNCIL 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 20516 (2.469% Employees Sharing Cost of Additional Benefits) applicable to Section 21354.4 (2.5% @ 55 Full formula) for local miscellaneous members; and Section 20516 (5% Employees Sharing Cost of Additional Benefits) applicable to Section 21362.2 (3% @ 50 Full formula) for local safety members. 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 reference made a part hereof. Presiding Officer Title Date adopted and approved (Amendment) CON -302 (Rev. 4/96) 5 W California Public Employees' Retirement System The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective August 13, 1978, and witnessed August 7, 1978, and as amended effective July 15, 1979, October 25, 1987, October 30, 1992, September 18, 1994, January 4, 1996, June 22, 1998, June 16, 2000, December 31, 2000, May 20, 2001, December 19, 2002, September 28, 2008, August 20, 2009 and June 6, 2010 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 16 are hereby stricken from said contract as executed effective June 6, 2010, and hereby replaced by the following paragraphs numbered 1 through 16 inclusive: 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 55 for local miscellaneous members and age 50 for local safety members. C: M Y 2. Public Agency shall participate in the Public Employees' Retirement System from and after August 13, 1978 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contracting agency. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorneys fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirement program. (b) Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than existing retirement benefits, provisions or formulas. (c) Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (d) Public Agency's election to file for bankruptcy under Chapter 9 (commencing with section 901) of Title 11 of the United States Bankruptcy Code and/or Public Agency's election to reject this Contract with the CaIPERS Board of Administration pursuant to section 365, of Title 11, of the United States Bankruptcy Code or any similar provision of law. (e) Public Agency's election to assign this Contract without the prior written consent of the CaIPERS' Board of Administration. (f) The termination of this Contract either voluntarily by request of Public Agency or involuntarily pursuant to the Public Employees' Retirement Law. 7 (g) Changes sponsored by Public Agency in existing retirement benefits, provisions or formulas made as a result of amendments, additions or deletions to California statute or to the California Constitution. 4. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). 5. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: 6. Assets heretofore accumulated with respect to members in the local retirement system have been transferred to the Public Employees' Retirement System on September 18, 1994 and applied against the liability for prior service incurred thereunder. That portion of the assets so transferred which represent the accumulated contributions (plus interest thereof) required of the employees under said local system has been credited to the individual membership account of each such employee under the Public Employees' Retirement System. 7. Benefits paid to pensioner or annuitants under the local system on or prior to September 18, 1994 shall be continued and paid at their existing rates by the Public Employees' Retirement System as authorized by Section 20481 of the Government Code. 8. The percentage of final compensation to be provided for local miscellaneous members in employment before and not on or after September 28, 2008 for each year of credited prior service is 0% and the percentage of final compensation to be provided for each year of credited current service is 100% and determined in accordance with Section 21354 of said Retirement Law (2% at age 55 Full). 9. The percentage of final compensation to be provided for local miscellaneous members in employment on or after September 28, 2008 for each year of credited prior service is 0% and the percentage of final compensation to be provided for each year of credited current service is 100% and determined in accordance with Section 21354.4 of said Retirement Law (2.5% at age 55 Full). FQ i 10. The percentage of final compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 11. Public Agency elected and elects to be subject to the following optional provisions: a. Section 20042 (One -Year Final Compensation). b. Section 20965 (Credit for Unused Sick Leave), C. Sections 21624 and 21626 (Post -Retirement Survivor Allowance). d. Section 21573 (Third Level of 1959 Survivor Benefits) for local miscellaneous members only. e. Section 20903 (Two Years Additional Service Credit). f. Section 20938 (Limit Prior Service to Members Employed on Contract Date) for local safety members only. g. Section 21536 (Local System Service Credit Included in Basic Death Benefit) for local safety members only. h. Section 21427 (improved Nonindustrial Disability Allowance) for local fire members only. i. Section 21031 (Public Service Credit for Limited Prior Service) for local miscellaneous members only. j. Section 21024 (Military Service Credit as Public Service). k. Section 21027 (Military Service Credit for Retired Persons). I. Section 21023.5 (Public Service Credit for Peace Corps, AmeriCorps VISTA, or AmeriCorps Service). DO NOT SIGN "EXHIBIT ONLY" M. Section 20516 (Employees Sharing Cost of Additional Benefits): Section 21354.4 (2.5% @ 55 Full formula) for local miscellaneous members. From and after the effective date of this amendment to contract the miscellaneous employees of Public Agency shall be assessed an additional 2.469% of their compensation for a total contribution rate of 10.469% pursuant to Government Code Section 20516. Section 21362.2 (3% @ 50 Full formula) for local safety members. From and after the effective date of this amendment to contract the safety employees of Public Agency shall be assessed an additional 5% of their compensation for a total contribution rate of 14% pursuant to Government Code Section 20516. 12. Public Agency, in accordance with Government Code Section 20834, shall not be considered an "employer' for purposes of the Public Employees' Retirement Law. Contributions of the Public Agency shall be fixed and determined as provided in Government Code Section 20834, and such contributions hereafter made shall be held by the Board as provided in Government Code Section 20834. 13. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 14. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21573 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local miscellaneous members and local safety members. b. A reasonable amount, as fixed by the Board, payable in one installment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. C. A reasonable amount, as fixed by the Board, payable in one installment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. M 15. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. 16. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions "refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY LORI MCGARTLAND, CHID It EMPLOYER SERVICES DIV` ff N PUBLIC EMPLOYEES' RETIREMENT SYSTEM AMENDMENT ER# 1193 PERS-CON-702A day of , CITY COUNCIL CITY OF COSTA MESA BY PRES(61W, OFFICER Witness Date Attest: Clerk 11 ATTACHMENT II ORDINANCE NO. 11 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF COSTA MESA AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY OF COSTA MESA AND BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. WHEREAS, due to the ongoing economic difficulties, the City recently negotiated and approved revised agreements with its employees whereby all employee groups will contribute additional sums towards the employee portion of their retirement contribution; and WHEREAS, to effectuate this cost-sharing agreement under the State of California Public Employee Retirement Law Section 20516, an amendment to the contract between Costa Mesa and the California Public Employees' Retirement System must be approved. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY ORDAIN AS FOLLOWS: Section 1. That an amendment to the contract between the City Council of the City of Costa Mesa and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit "A," and by such reference made a part hereof as though herein set out in full. Section 2. The Mayor of the City of Costa Mesa is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency. Section 3. The Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Ordinance and shall cause the same to be published and posted pursuant to the provisions of law. Section 4. This Ordinance shall take effect and be in full force thirty (30) days from and after the passage thereof, and prior to the expiration of fifteen (15) days from its passage shall be published once in the DAILY PILOT, a newspaper of general circulation, printed and published in the City of Costa Mesa or, in the alternative, the City Clerk may cause to be published a summary of this Ordinance and a certified copy of the text of this Ordinance shall be posted in the office of the City Clerk five (5) days prior to the date of adoption of this Ordinance, and within fifteen (15) days after adoption, the City Clerk shall cause to be published the aforementioned summary and shall post in the office of the City Clerk a certified copy of this Ordinance together with the names and member of the City Council voting for and against the same. PASSED AND ADOPTED this day of , 2011. 12 ATTEST: Julie Folcik City Clerk of the City of Costa Mesa Gary Monahan Mayor of the City of Costa Mesa APPROVED AS TO FORM: Kimberly Hall Barlow, City Attorney 13 STATE OF CALIFORNIA ) COUNTY OF ORANGE )ss CITY OF COSTA MESA ) I, Julie Folcik, City Clerk and ex -officio clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Ordinance No. 09- was introduced and considered section by section at a regular meeting of said City Council held on the 21 st day July 2009, and thereafter passed and adopted as a whole at a regular meeting of said City Council held on the day of , 2009, by the following roll call vote: AYES: NOES: ABSENT: ABSTAIN: IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this day of 12009. City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa 14 ATTACHMENT I.II CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalPERS (225-7377) I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the (governing body) (public agency) on (date) Clerk/Secretary Title PERS-CON-12 (rev. 1196) of the 15 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalPERS (225-7377) hereby certify that the following employees of the City of Costa Mesa have expressed their approval or disapproval of said agency's intention to amend its contract to provide Section 20516 (2.469% Employees Sharing Cost of Additional Benefits) applicable to Section 21354.4 (2.5% @ 55 Full formula) for local miscellaneous members; and Section 20516 (5% Employees Sharing Cost of Additional Benefits) applicable to Section 21362.2 (3% @ 50 Full formula) for local safety members on the basis described in the Resolution of Intention adopted by said agency's governing body on , in such manner as to permit each employee to separately and secretly express his choice and that the outcome of such election was as follows: Number of employees eligible to vote Local Police Officers as defined in Govt. Code Section 20425 Local Fire Fighters as defined in Govt. Code Section 20433 Local Miscellaneous Members as defined in Govt. Code Section 20383 Number of votes approving said participation Clerk or Secretary Date Number of votes disapproving said participation (Amendment) PERS-CON-15 (Rev. 9/03) 16 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalPERS (225-7377) I hereby certify that in accordance with Section 20516 of the Government Code, City of Costa Mesa and its miscellaneous employees have agreed in writing to share the costs of the following benefit: Section 21354.4 (2.5% @ Full formula). Signature Title Witness Date PERS-CON-500 (Rev. 1/96) 17 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalPERS (225-7377) 11121M 01 RON If d�' MZW-41472 VE hereby certify that in accordance with Section 20516 of the Government Code, City of Costa Mesa and its safety employees have agreed in writing to share the costs of the following benefit: Section 21362.2 (3% @ 50 Full formula). Signature Title Witness ®ate PERS-CON-500 (Rev. 1/96) MR