HomeMy WebLinkAboutRES CC 1997 1390 1997 0917Resolution No: 97 -1390
AGREEMENT
TO POOL
1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF MOORPARK
WHEREAS, Government Code Section 21574 provides for a single employer rate to be
established to provide benefits under said Section on account of members
employed by contracting agencies electing to include the provision of said Section
in their contracts; and
WHEREAS, Government Code Section 21574, requires pooling of all assets and liabilities of all
contracting agencies subject to said Section;
NOW, THEREFORE BE IT AGREED, that assets and liabilities of the City of Moorpark and its
covered employees shall be pooled pursuant to the provisions of Government Code
Section 21574.
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
BY
KENNETH W. MARZION, CHIEF
ACTUARIAL & EMPLOYER SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
PERS - CON -59 (Rev. 7/96)
CITY COUNCIL
OF THE
G
Date
ATTEST:
Patrick Hunter
Mayor
l%
Y
MOORPARK
2V 799 Moorpark Aven-j- `J )nrpar'r, California 93021 (805) 529 -686-
STATE OF CALIFORNIA )
COUNTY OF VENTURA )
CITY OF MOORPARK )
ss.
I, Lillian E. Hare, City Clerk of the City of Moorpark, California,
do hereby certify under penalty of perjury that the foregoing
Resolution No. 97- 1390 was adopted by the City Council of the
City of Moorpark at a meeting held on the 17th day of
September , 1997, and that the same was adopted by the
following vote:
AYES: COUNCILMEMBERS EVANS, PEREZ, TEASLEY, WOZNIAK AND MAYOR
NOES:
HUNTER
ABSENT:
ABSTAIN:
WITNESS my hand and the official seal of said City this 22
day of September 1 , 1997.
0°4
F
Clerk
C, 0' ian E. Hare, CMC
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