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HomeMy Public PortalAboutRES-CC-2009-23Resolution #23- 2009 A RESOLUTION REVISING THE CITY OF MOAB PERSONNEL POLICIES AND PROCEDURES MANUAL WHEREAS, the Utah State Retirement System sets forth guidelines regarding the procedures for post -retirement employment; and WHEREAS, the City of Moab follows said guidelines; and WHEREAS, the City of Moab has been following Utah Retirement System guidelines for payments to a defined contribution plan for post -retirement employees, as revised January 1, 2004; and WHEREAS, the January 1, 2004 guidelines called for required employer payments to a defined contribution plan for post -retired employees; and WHEREAS, the City has been making payments to a defined contribution plan for a post -retirement employee since approximately August, 2005; and WHEREAS, the City of Moab became aware in September, 2009 that the Utah Retirement System guidelines for payments to a defined contribution plan for post -retirement employees changed in July, 2005 without notice to the City of Moab; and WHEREAS, the June 2007 guidelines provide that payments to a defined contribution plan for certain post - retirement employees are now voluntary and not required; and WHEREAS, the City of Moab wishes to continue to make payments to a defined contribution plan for certain post -retirement employees; and WHEREAS, the City of Moab would like to establish this practice in the City of Moab Personnel Policies and Procedures Manual. NOW THEREFORE, WE, THE GOVERNING BODY OF THE CITY OF MOAB, do hereby revise the City of Moab Personnel Policies and Procedures Manual Section to read as follows: 7.23 Retirement Employees may retire from service by complying with the conditions of the retirement system. For exempt status post -retirement employees who retired prior to August 15, 2005, the City shall make a payment to a defined contribution plan in the same manner as provided for by Utah Retirement System guidelines for non-exempt status post -retirement employees. This resolution shall take effect immediately upon passage. Passed and adopted by action of the Governing Body of the City of Moab in open session this 13th day of October, 2009. CITY OF MOAB By: David L. Sakrison Mayor Attest: Rachel Ellison City Recorder Resolution #23-2009