Resolution 14745CITY OF ALAMEDA RESOLUTION NO.14745
RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO
CONTRACT BETWEEN THE BOARD OF ADMINISTRATION,
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE
CITY COUNCIL, CITY OF ALAMEDA
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 (Employees Sharing Cost of Additional
Benefits) applicable to Section 21354 (2% @ 55 Full and Modified formula)
and Section 20042 (One -Year Final Compensation) for local miscellaneous
members. The maximum permanent employee cost sharing contributions
are not to exceed 1.868 %.
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 an "Exhibit" 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 7th day of November, 2012, by the following
vote to wit:
AYES: Councilmembers Bonta, deHaan, Johnson, Tam and
Mayor Gilmore — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the
seal of said City this 8th day of November, 2012.
X11 �
Lara Weisiger, City Cle4)
City of Alameda