HomeMy WebLinkAboutReso 1991-16440 RESOLUTION NO. 16440
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING PARTICIPATION IN THE PUBLIC AGENCY
RETIREMENT SYSTEM (PARS) AND AMENDING FY lggl-g2 BUDGET
TO PROVIDE FOR EMPLOYER CONTRIBUTIONS FOR PART-TIME,
SEASONAL AND TEMPORARY WORKERS AND PARS PLAN FEES AND
APPROPRIATING FUNDS THEREFOR
The City Council of the City of Chula Vista does hereby resolve as follows:
WHEREAS, The Omnibus Budget Reconciliation Act of lggO (O.B.R.A. lg90},
enacted by Congress, contains a requirement that public sector employers provide
Social Security to all employees not already covered by a retirement system
effective January 1, 1992; and,
WHEREAS, the new law allows a public agency to implement a retirement
program in lieu of Social Security; and,
WHEREAS, staff has analyzed Social Security, Public Employees Retirement
System {PERS), Deferred Compensation, Money Purchase Plans and PARS; and,
WHEREAS, all part-time employees received a memo describing PARS and Social
Security and part-time employees were surveyed for preference in joining Social
Security or PARS, and,
WHEREAS, 132 survey forms were returned: 118 indicated a preference for
PARS, 12 indicated a preference for Social Security and 2 survey forms were
unspecified; and,
WHEREAS, after careful consideration, it is staff's recommendation that the
City implement PARS.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista does hereby approve participation in Public Agency Retirement System {PARS)
and amends the FY 1991-92 budget to include City contributions to PARS for
elected officials, part-time, seasonal and temporary employees and PARS plan
fees.
BE IT FURTHER RESOLVED that the amount of $24,824 is hereby appropriated
from the unappropriated balance of the General Fund and transferred into the 5145
accounts of each department.
Resolution No. 16440
Page 2
BE IT FURTHER RESOLVED that the City Manager is hereby appointed as the
Plan Administrator.
/to by
as
Presented by
Candy Boshelq/ Bruce M. Boog
Di rector of Personnel City Attorney
Resolution No. 16440
Page 3
PASSED, APPROVED and ADOPTED by the City Council of the City of Chula
Vista, California, this lOth day of December, 1991, by the following vote:
YES: Councilmembers: Grasser Horton, Malcolm, Moore, Nader
Rindone
NOES: Councilmember: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Tim Nader, Mayor
ATTEST:
Beverly ~Auth'elet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do
hereby certify that the foregoing Resolution No. 16440 was duly passed, approved,
and adopted by the City Council held on the lOth day of December, 1991.
Executed this lOth day of December, 1991.