Resolution 12103CITY OF ALAMEDA RESOLUTION NO. 12103
RESOLUTION OF INTENTION
TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN
THE BOARD OF ADMINISTRATION OF
THE PUBLIC EMPLOYEES° RETIREMENT SYSTEM AND
THE CITY COUNCIL OF THE CITY OF ALAMEDA
WHEREAS, the Public Employees' Retirement Law peiluits 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 procedure to amend this
contract is the adoption of 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 21382.4 (Third Level of
1959 Survivor Benefits) for local
miscellaneous members.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
City of Alameda does hereby give notice of intention to approve an
amendment to the contract between the City Council and the Board
of Administration of the Public Employees° Retirement System, a
copy of said amendment being attached hereto, as "Exhibit A" and
by this reference made a part hereof.
AGREEMENT
AUTEORIEING THE RELEASE OF
1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES
INTO THE
THIRD LEVEL 1959 SURVIVOR BENEFIT POOL
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF ALAMEDA
WHEREAS, the City County of the City of Alameda has adopted a Resolution of
Intention to include in its contract with the Board of Administration,
Public Employees' Retirement System, pursuant to Government Code
Sections 21380- 21387, including Government Code Section 21382.4, the
Third Level of 1959 Survivor Benefits for local miscellaneous members;
and
WHEREAS, Government Code Section 21382.4, requires all assets and liabilities
of all contracting agencies subject to this section, and their
employees who are covered by this section, to be pooled into a single
account;
NOW THEREFORE BE IT AGREED:
Accumulated and /or future contributions required of the City of
Alameda and its covered employees are to be released, pursuant to the
provisions of Government Code Section 21382.4, to a single account
referred to herein as the Third Level 1959 Survivor Benefits Pool.
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
CITY COUNCIL
OF THE
CITY OF ALAMEDA
BY BY
CHIEF, CONTRACT SERVICES DIVISION Presiding Officer
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
C0505 (Rev. 4/89)
Exhibit A
Date
I, the undersigned, hereby certify that the foregoing Resolution
was duly and regularly adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the seventh of
May, 1991, by the following vote to wit:
AYES: Councilmembers Arnerich, Camicia, Lucas, Roth
and President Withrow - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this eighth day of May, 1991.
Diane elsch, City Clerk
City of Alameda