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HomeMy WebLinkAboutReso 1960-2516 No. 2516 RESOLUTION OF INTENTION TO 'APPROVE AN • AMENDMENT TO CONTRACT BETWEEN THE STATE EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF CHULA VISTA WHEREAS, the State Employees' Retirement Law permits the participation of Public Agencies and their employees in the State Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said Public Agencies may select to subject themselves and their employees to amendments to said Law; and WHEREAS, one step in said procedure is the adoption by the legislative body of the Public Agency of a resolution giving notice of its intention to ap- prove an amendment to said contract, which resolution shall contain a summary of the changes proposed in said contract; and WHEREAS, the following is a summary of the proposed change: to A monthly allowance shall be paid in lieu of the basic death benefit to certain survivors of a member who dies in employ- ment after qualifying for voluntary service retirement. 2. A monthly allowance shall be paid to certain eligible survivors of a member who dies before retirement. • NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF CHULA VISTA gives, and it does hereby give notice of intention to approve an amend- ment to contract between said CITY COUNCIL and the Board of Administra- tion of the State Employees' Retirement System, a summary of major pro- visions of the proposed amendment. and a copy of said amendment being attached hereto, marked "Exhibits A and B" respectively, and by this reference made a part hereof. CITY COUNCIL OF THE CITY OF CHULA VISTA BY (Name) _ Y 111111110 ' Title J,h S October 4. 1960 (Date adopted and approved) '"EXHIBIT A" ' ' Benefits to Employees Under SERS SURVIVOR BENEFITS (Benefits provided by Sections 21380-21386 of the Retirement Law) BENEFITS Survivors of members who elect coverage under the SERS survivor program and whose death occurs before retirement will receive a monthly life income as follows: Widow and two or more dependent children or $250 Three or more dependent children, alone Widow and one dependent child or $180 Two dependent children, alone Widow, alone, age 62 (widower age 65) or $ 90 One dependent child, alone If there is no widow or dependent child, then to each dependent parent (mother 62, father 65) $ 90 Conditions: 1. A dependent child is one under the age of 18 and unmarried, or a disabled child of any age who has been continuously disabled since age 18. 2. A widow ceases to be eligible for a benefit upon her remarriage. 3. A widower will be eligible for a benefit the same as a widow provided he was dependent upon the deceased member for at least one-half of his support. 4+. The basic death benefit currently included in your retirement program pro- vides that should a member die prior to his retirement, his beneficiary would be paid the member's accumulated contributions plus an additional amount equal to one-month's salary for each year of service, up to a maximum of six months. The above survivor benefits will be payable in addition to any basic death benefit the survivor may be entitled to receive. 5. If a member is covered under both the SERS survivor benefit described above and the survivor benefits as provided in Section 21365. 5 of the Retirement Law (Section 21337 for safety members), the survivor would receive the greater of the two allowances, but not both. Ret. Form 1171-1 (1/60) 300- Vst • 6. The special death benefit provided the widow of a safety member whose death is "in line of duty" is a monthly allowance equal to one-half of the member's "final compensation. " If the widow is also eligible for a benefit under the survivor program herein described, she will not receive both benefits, rather she will receive the larger of the two. COST TO THE EMPLOYEE Each employee will contribute $2.00 a month in addition to his normal retire- ment contributions. He will continue to pay this additional amount until either termination of employment or retirement and under no circumstances will they be refundable. EFFECTIVE DATE These survivor benefits will become effective on January 1, _.961 (date). All present members of the System will be given the opportunity by written ballot to select this survivor coverage. Persons who choose coverage will remain covered until they terminate their employment or retire. IT IS NOT NOW PROVIDED that persons, who do not choose coverage will be allowed to choose coverage at a later date. For agencies not covered under OASDI all future employees would be mandatorily covered under this program. For agencies who are covered under OASDI all future employees are mandatorily covered under OASDI and, therefore, are not eligible for the SERS survivor benefits. EXAMPLE Under the SERS survivor program, if a member passes away before retirement leaving a widow and four children, the widow. would receive a monthly income of $250 until such time as the three oldest children have"passed age 18 (so that she now only has one child under the age of 18) at which time her benefit would be reduced to $180. The $180 would continue to be paid until the last child passes the age of 18 at which time the payment would cease until the widow reaches the age of 62. She would then receive $90 a month for the remainder of her lifetime. The widow ceases to be eligible for her benefit when she remarries although benefits would continue to any remaining children under the age of 18. i Ret. Form 1171-2 (1/60) 300 *Mown '" AMINE .. •' cour ` a' C 'VISTA- . • Bond of :tai&en State ` ,. 3 ` #y it .stem# r� r referred t,oela �,. a the CIOxman. of the cm MIA VISTA, hereinafter •• . refer to as Public • ham end into a ceattract unther date at Ault 31, 19148 affective October 1, 19148, sn4 as emended d effective October 1,..19$14, Ileveldxtr i, 1955 -and January 1, 3$60, teach provides for participation Of Public Aged' in said System, Board end Pablic Agemz7 hereby agree as follows: A. Paragraphs 3 through 10 are herelay atrial= from said Contract as ex. , - eauted effective O " 3 19148, as wed a ffecti a'fir 1,, , dov :34 MO and Jam 1r 1960, and are hereby replaced . by the fc � P 'numbered 3 'through 8 inclusive!) 3. EmplciesS of Public following classes ezd graaps , shall become e' of Said Retirement System except such in . ' �s � o .uded` law or this , ety' tem- , i. b. P ^b Y It✓a t ) . & to 013 34cal Safety ' L members); ‘ . is• car than local acey n 9 e (herein -fe red,to as 141430412,1100176 s e )• ' ' . In addition ti to , . Retirement `��,� the following� 1. � t�ebe� .�. ` . Lay, he T.tlb-k o eO3 h41 mt. .;s+:,txn; • bets of the t+ Sc . __„" ,. - NO #.L SIO ' 4 1k. . and need herein which .defined iu the State . t Ret,drelateriti,; t shall Woo the as d , _ , therein unleso eft eroise"apecifi:callylprovided. Venial retire* meat mss- a „mean ego 6p for a end • 55 tar local safety s0` ,• . ' , hn. u ■ • '' 5. The fell] dng prvi n3', t e 2an L and .ate.. _t�e , . - e y „ _ , a. /&.shalZ be the Sn of final oceponeation 'i be . vided fez' Ceet4 yea .Q? anadited current servico ea a mi ccl* . lanai cr upon retirement'et roma retiromest age* . - b r , Senorita oO actiount,af ea011 year of prior serrice shad$. be • - , , ; � tho Optima Of fib. tion ceded - ` '23153'of and thin.e each - year of ourrent service upon-retirement f . . . ., 1c. Tha f3Ma ��,6f _St r + �9�'. ` , ' .Law 014v-emit ug a° '.a contracting • . , ahall e • , ! t , (1) Section 2125l41. (pry for a �.s Percentage . . fib commotion Zor each year of Current ice a m. s1lanaous )„ . - (2) Section 2125004 (Providing felt .d gnerasboed percentage , . of fin4 compensation for each year'or current e as a°local. safety ). • , . (3) Section 20026a (defining "duo., cavanaattann on the , ' . - basis c '°a period of three consecutive yeas). . . (Os) sebum 2�.l (welan a etir� �' an ::.,;- , yeee subject to rt in conditions)* ' (5) t X7.3 . �� ,• 3 t ea wit . .death t c , k, ,(6) Section s• ‘.9 , ) f.-:`,......, i " ungg of'compensation • without -- ,,, . .-- � . one which c . . - , a s - ' • ,a f� . ; ,•. . '(7) gcm q.ar 2,5 (providing for age 50 as the . . �t retie Win. f�, local ' _ -p licaten, Wit'' cow" pe ° office=V. , - ' .s (8) seaman 965.5 (PrOtrittina a MO:UV Calagenee in lima Of the baste, .death benefit for-iertain Clirvilrare of - ember who dies in employcaot after qualifying far ' • (9) Section �,�..3 (pr+ r d .for the � ticn cf t allocanceS to persons retired prior to October 10 1951 - for Una cementing on October iv 19$1. in accordance - with this contract as coasuuledv effective October i., .. • p ided„t at aU � ybe de r edd((by such . ' rece - ii+ on* o ' k'tEi1NY'T..i:,, tionT•for Such I�.eoaloul9r- tin shall be dote.. in ice” Section 20024 iad of Section j, )"* - , • . ______,......iiiii.iimilmiiiimit ......, ,i,.' ‘ , a ,. ° ux " S (10) .a ,e 6* x" 9,- ton 210.6 (providing for elleivancen,for;m'ot's of members von death before r t) t6 be effective on the .effect. . ire date of Wi t. 6e Pubi o Shall contribute 'o staid'Retirement Soften as follows: - - a., pare of . s ►ri - for y - _ Vote Ateptied,between the effeotive.date of t contract and the a ff+�vo dates tf f thin a nt, on account'. of the liability-for prior rice* b. Percent of �e a e by Public.Agency- • ' h nt to its employees + are hereafter become ambers of said Retirement SystMs provided that Onier salary earned es . .+,.. ,-- of said:ate . shy Os imitated ' ' , in said total ea arise - , co figi00 per month for ch -4o,oloee covered under 'the provisions • of - : N � " � }o . . ' d. . A, reasonable �t ' � as �d by to cover . • the mete of administering esid,'System se it affects the a ploves of Public gm's not including costs of special . valuntiono or of the periodical investigation and valuation- . . required by lass provided that said ,,,.11,- , shell bi deter. mined on the #.` of Public b of f �.ve, fist Agency re on .- .. • - yeas,. or_with revect , . ' ; W Participations . on the effective ,.� .,�, t P �,,. 4111,„ ' d r. , i1 • � 1t.t�fl:.f t 'G�w f.v�. . ,. Etii4T Boards '� +R+,w eon ' installment 2 4,5, .:-.•*.-,,, mime Wises to steer coats of value one on aCcount of employees of Pic Agency, . and costs of the periodical.•investigation end valuation . ` (ii by . •, , 1. Contributims required et Public Agouti and its employees shall be . �jeo1 .to adjust ; board on account of a to . State .,,. .v -.e t Retirement i Laws on account o en r the Retirement Systems ,es dot ►zted by the periodical i cs" ga- . tion and valuation required by eeid Retirement Law. . . 8. ntribetionc required of Public en1 and. itsy vithin Ahab- be paid by Public Agency to.t Y :tz'- --ors,»av ,-� ithin thirty diem , after the and of the'wed to ,, •h said contributions ;e'er. if , more or Leo than the,correct• of cent 'ton is paid for , . E ■ .. r r. k ' Y a Rya 8 e� t» *"c ;" ,, . any periods proper addustmentf, shall be made in connection vith , Subsequent e a" atlustments on account at err in ctmtributtotw required 3.cy ee mar be made by direct cash roymetoto between the employee and Board. P me tc by Public , Amoy to Board may be made in the farm of wavrantelp bank cheeks, . bank *meta* certified checks, money off. or cash. Bit This amendment � be attached to said contract and shall become effect-► _ the on a2' ° ' • , • -Wilmette our 'hands this diAV of * WARD OF ADMINISTRUZon - E` , M aNCI , ,• CS T . cL T CE? is VISTA . , . a,. q, � ''�a�r/ 5�.p V _ „iA 'M.P 3 , . nijitaiini - ,,-- . - - i " �}. , t fficak n v . ♦ „ , a ' i u ' , re ` 1 {Y, , ` Ys r _ ' < 1 • • CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the CITY COUNCIL(Body of the City of Chula Vista on October 4, (Name of Public Agency) 19 60, appearing at Page , Volume of the (Minutes) (Official Records) of the CITY COUNCIL • (Governing Body) / CI Y LERK or Secretary of they ' oard` •T t • ` • Ret. Form 949 (Rev. 9/57) 75