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HomeMy WebLinkAboutCC Res 2869 1979-04-22 I WHEREAS, WHEREAS, ImEREAS, I RESOLUTioN NUMBER ~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, GIVING NOTICE OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY OF SEAL BEACH. 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 one of the steps in the procedure to amend this contract is the adoption by the legislative 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 the following is a statement of the proposed change: To provide Section 2l25l.0l (2% at 50) for local police members only, Section 20930.3 (Military Service Credit) for local police members only. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Seal Beach, California, hereby gives notice of intention to approve an amendment to the contract between the City of Seal Beach 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. PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Bea~california, at a meeting thereof held on the ~~ day of 'LJMY ,l97 by the following vote: ) AYES: Councilmen NOES: ABSENT: I ATTEST: Councilmen Councilmen ~ cZ-a-vL/ ~~ Mayor vr --- . .1i!: Employees' Retirement System .'Post 'bffice Box 1953 Sacrmnento CA 95"809 . Resolution Number . CERTIFICATION OF COMPLIANCE WITH GOVERNHEN'l' CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary have been made public at a public meeting at least two weeka I prior to the adoption of the increase in public retirement plan the City of Seal Beach (public agency) Sections 2l25l.0l and 20930.3 (optional benefit) City Council of (legislative body) on the 23rd of A~ril. 1979. (date benefits as provided by the which was adopted by the Date: ~~~77 . ~~ b,~_ of da1 title I , PIIS-CQR-12A (9-78) . , . Resolution Number - CERTIFICATION OF GOVERNING BODY'S ACTION hereby certify that the foregoing is a t'rue and correct copy of a Resolution adopted by the City Council (Governing Body) of the City of Seal Beach (Name of Public Agency) April 23, 1979 . appearing at Page (Date) I on Volume of the (Minutes) (Official Records) of the Seal Beach City Council (Governing Body) (TV CLERK or Secretary of the Board I PEK~-CON-12 (11/77)