Resolution 15160CITY OF ALAMEDA RESOLUTION NO. 15160
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 ALAMEDA TO INCLUDE
PROVISIONS PURSUANT TO GOVERNMENT CODE 20516 "COST
SHARING" FOR LOCAL POLICE MEMBERS AND FOR LOCAL FIRE
MEMBERS
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 end variable cost sharing pursuant to Section 20516 (Employees Sharing
Cost of Additional Benefits) applicable to Section 21362.2 (3% @ 50 Full
formula) and Section 20042 (One -Year Final Compensation) for local safety
members; and
to provide Section 20516 (Employees Sharing Additional Cost) of 6% for
classic local safety 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 City of Alameda 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.
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 a regular
meeting assembled on the 21 st day of June, 2016, by the following vote to wit:
AYES: Councilmembers Daysog, Ezzy Ashcraft, Matarrese, Oddie
and Mayor Spencer — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of
said City this 22nd day of June, 2016.
Lara Weisigeri L.Aty Clerk
City of Alame a
Approved as to Form:
Janet C. rn, City Attorney
City of ameda