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File #: 11-0384    Version:
Type: Agenda Item Status: Approved
File created: 4/5/2011 In control: Board of Supervisors
On agenda: 8/28/2012 Final action: 8/28/2012
Title: Human Resources recommending the Board consider adoption (Second Reading) of County Ordinance 4979, an Amendment to the Contract Between the Board of Supervisors of the County of El Dorado and the Board of Administration of the California Public Employees' Retirement System, as follows: "To provide Section 20475 (Different Level of Benefits), Section 21362 (2% at 50 Full formula), and Section 20037 (Three-Year Final Compensation) are applicable to local safety members entering membership for the first time in the safety classification after the effective date of this amendment to contract;" and "Section 20475 (Different Level of Benefits), Section 21353 (2% at 60 Full formula) and Section 20037 (Three-Year Final Compensation) are applicable to local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract." (Cont'd 8/14/12, Item 8)
Attachments: 1. 3A - Corrected CalPers Ordinance 4979 8-14-12.pdf, 2. 3B - Certification of Governing Body's Action.pdf, 3. 3B Email from E. Hane HR 8-14-12.pdf, 4. 2A - Resolution of Intention 8-7-12.pdf, 5. 2B - Amendment to Contract 8-7-12.pdf, 6. 2C - Safety Cost Disclosure Valuation Report 8-7-12.pdf, 7. 2D - Miscellaneous Cost Disclosure Valuation Report 8-7-12.pdf, 8. 2E- Safety Plan Summary of Provisions 8-7-12.pdf, 9. 2F - Miscellaneous Plan Summary of Provisions 8-7-12.pdf, 10. 2G - Summary Ordinance 8-7-12 See Revision 2J, 11. 2H - Ordinance 4979 8-7-12.pdf, 12. 2I - Blue Route.pdf, 13. 2J - Revised Summary Ordinance 8-7-12.pdf, 14. A - Exhibit Amendment.pdf, 15. B - Summary of Provisions.pdf, 16. C - Ordinance, 17. D - CalPERS Actuarial memo.pdf, 18. E - Fully executed Resolution 068-2011, 19. Fully executed Ordinance 4979.pdf, 20. Fully executed Resolution.pdf
Title
Human Resources recommending the Board consider adoption (Second Reading) of County Ordinance 4979, an Amendment to the Contract Between the Board of Supervisors of the County of El Dorado and the Board of Administration of the California Public Employees' Retirement System, as follows: "To provide Section 20475 (Different Level of Benefits), Section 21362 (2% at 50 Full formula), and Section 20037 (Three-Year Final Compensation) are applicable to local safety members entering membership for the first time in the safety classification after the effective date of this amendment to contract;" and "Section 20475 (Different Level of Benefits), Section 21353 (2% at 60 Full formula) and Section 20037 (Three-Year Final Compensation) are applicable to local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract." (Cont'd 8/14/12, Item 8)
Body
After meeting and conferring with Labor Representatives from all units, staff recommends the Board of Supervisors adopt the Ordinance to Ordain the Amendment to the Contract between the Board of Supervisors of the County of El Dorado and the Board of Administration of the California Public Employer's Retirement System. Staff recommends the second reading of the attached Ordinance announcing the County's intent to amend its contract with the California Public Employers' Retirement System as follows:

To provide Section 20475 (Different Level of Benefits) Section 21362 (2% @ 50 Full Formula) and Section 20037 (Three-Year Final Compensation) are applicable to local safety members entering membership for the first time in the safety classification after the effective date of this amendment to contract and and Section 20475 (Different Level of Benefits). Section 21353 (2% @ 60 Full formula) and Section 20037 (Three-Year Final Compensation) are applicable to local miscellaneous members entering membership for the first time in the m...

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