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HomeMy Public PortalAboutResolution 02-4102 California Public Employee's Retirement System (CalPers) Employer paid member contributions 8%1 1 RESOLUTION NO. 02 -4102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY ELECTING TO PAY EIGHT PERCENT OF EMPLOYER PAID MEMBER CONTRIBUTIONS TO THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM FOR THE CITY'S LOCAL AGENCY MISCELLANEOUS MEMBERS WHEREAS, the City Council of the City of Temple City has the authority to implement Government Code Section 20691; and WHEREAS, the City Council of the City of Temple City has a written labor policy which specifically provides for the normal member contributions to be paid by the employer, which up to this time has been seven percent (7 %); and WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the City Council of the City of Temple City of a Resolution to commence or increase said Employer Paid Member Contributions (EPMC); and WHEREAS, the City Council of the City of Temple City has identified the following conditions for the purpose of its election to pay Employer Paid Member Contributions: This benefit shall apply to all permanent full -time employees of the City of Temple City classified as CaIPERS Local Agency Miscellaneous Members. • This benefit shall consist of the City paying eight percent (8 %) of the normal member contributions (EPMC). • The effective date of this Resolution shall be Friday, August 23, 2002. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TEMPLE CITY, AS FOLLOWS: SECTION 1. The City of Temple City elects to pay Employer Paid Member Contributions (EMPC), as set forth above. SECTION 2. The City Clerk shall certify to the adoption of this resolution. PASSED, APPROVED AND ADOPTED this 16th day of July, 2002. ATTEST: rc4181-el'i-6' k Mayor Resolution No. 02 -4102 July 16, 2002 Page 2 I, City Clerk of the City of Temple City, do hereby certify that the foregoing resolution, Resolution No. 02 -4102, was adopted by the City Council of the City of Temple City at a regular meeting held on the 16th day of July, 2002, by the following vote: AYES: Councilman - Souder, Wilson, Zovak, Vizcarra, Gillanders NOES: Councilman -None ABSENT: Councilman -None ABSTAIN: Councilman -None hlaA-1_-(*rc, 4/6-1,,J.Ju(-ek City Clerk 2 1