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HomeMy Public PortalAbout77-086 (09-20-77)~: - :, ~ - _ RESOLUTLON N0. 77-86 RESOLUTION OF INTENTION TO APPROVE AN Ap1ENDMENT ,T0 C01~TRACT BETWEEN TAE _ ~, ' BOARD OF AD24I2,, ~STRATION OF THE - PUBLIC EMPLOYEE$~~~ RETIREMENT SYSTEM- ~D ;'THE . .' CITY COUNCIL , _ OF THE ,... CITY OF LYNWOOD .•S. _ ~ WHEREAS,, 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 them-- selves and their employees to amendments to said law; and. WHEREAS, -one of the steps in the pror_edure to amend this contract is the adoption by the legislative body of the public agency of a resolu- tion 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 . .WHEREAS, the following is a statement of the proposed change: Provides that miscellaneous members not covered by Federal Social Security who did not elect to be covered by the 1959 S~irvivor Benefit when Public Agency added said benefit to its contract shall be given. another opportunity to elect `to be covered under the program. ' NOW, THEREFORE, BE IT RESOLVED,. that the governing body of the above agency . gives, and it does hereby give notice of intention to approve an -~"~~~` ~" `"`"- -~ amendment to~the'contract between the-said governing body--and the - ----.. -.___.. Board of Administration of the Public Employees' Retirement System, ,,,,;.; a copy of said amendment being attached hereto, as an "Exhibit" 1 ~``"A ~~- and by. this reference made a part hereof. ~, , _ ` ' ' ~ ' ~: ~~ ~_• _ ~ .. b1 - ,' .ATTEST: Cit .Clerk, Ci y of Lynwood September 20, 1977 (Date adopted and approved) -- ~•- CITY COUNCIL OF THE CITY OF LYNWOOD BY (Name Mayor of the City. of Lynwood (Title) Ret-.<~ Form._122 ~ ~ - - .. ~ ~ - i '~ 1, . ; ~ .. - 'i ( i~ AI~ZEIdD~I~:I~'I' 7'0 CONS'}.ZJ1.C7' BFT1'~~EN THE BOARD OF Allit1Il~(ISTFiATY:OI7 ' PUBLIC E11ZPI,U1'EES ~ RF:TIRF,~'riENT SYSTEi~2 . AND `i,I CITY COfJNCIL -. ~ ~ OF THE CIT'E` OF ZYI~~~OOD iV . ,~ The Board of Administration, Public E'mployees' Retirement System, hereinafter referred to as Board and the City Council of the City- of Lyn~vood, hereinafter re- ferred to as Public Agency, having entered. into a contract under. date of 2~Tay 7, 191.6, effective July 1, 1946, as amended effective November 1, 1.951, February 1, 1954-; August 1, 1959, December 1, 1964, November' 13, 1966, Jn~ZUary 1, 1975, July 13, 1975, September 7, 1975, and November 14,.1976, an~I v;hich provide for participation of Public Agency in said .System, Board and Rzblic Agency hereby agree as follows: . `A. The following subparagraph shall be added to Paragraph 5 of said contract: 5. (f~ Section 21389 (providi.ng that miscellG:neouv members not covered by federal Social Security vriio did not elect to be covered by the 1959 Survivor Benefit wY~en Public Agency added said benefit to its. contract shall be given another opportunity to elect to be covered under the program) for miscellaneous members. . B. This amendment shall be attached to said contract and shall become effective,on the ~ dqy of Witness our hands this BOARD OF A1TI'YZINISTRATION PUBIrIC. ErdPLAYEES ~ RETIREtIENT SYSTETZ BY Carl J. Blechinger, Executive Officer Approved as to form: Zega1 Office, PERS .r davy of CITY COUNCIL, OF THE CITY OF LYNI'~00D ,; ;: `~' " -:. - BY ~~~~ Presiding. Officer >, ~~:: Atte:at: `~ , ,,:~, s"'" ~~ .. Clerk ~- :.;Y --~ . '~~~ ~~~ ~`.~.. ;,. Ret. Farm 70?..-1. .. STATE OF CALIFORNIA ) ~. _. s s o COUNTY OF LOS ANGELES.) I,. the undersigned; City Clerk of the City of Lynwood, do~~her.eby certify that the above and foregoing . resolution was duly-adopted by the City Council of said City at.a regular meeting thereof held in the City Hall of said City on the 20th day of Sepaember 1977, and passed by the following vote.: AYES: Councilmen Byork, Green, Higgins, Rowe • ~ NOES: Councilmen None ABSENT: Councilmen Morris ~`, .,.~ .~ - .. _ .. ,. -' 0 EP INE Lo SHEPHERD ~! ''' City Clerk, City of Lynwood I~ •~ f .. - i . ... . - ~ - - - ------_ -- _ _ ._~_.~._..- = - - -- -- - - - F--