HomeMy WebLinkAboutAGENDA REPORT 2014 1217 CCSA REG ITEM 09F ITEM 9.F.
clTY OF MOORPARK,CAUU NI
City Council Meeting
MOORPARK CITY COUNCIL °f 4241-010/4
ACTION: , _,
AGENDA REPORT ` 3 3. g".
TO: Honorable City Council BY
FROM: Deborah S. Traffenstedt, Deputy City Manager
(T51—
BY: .Teri Davis, Senior Management Analyt " p
DATE: December 9, 2014 (CC Meeting of 12/17/14)
SUBJECT: Consider Resolution Granting Another Designated Period for Two Years
Additional Service Credit Retirement Incentive Pursuant to Government
Code Section 20903 and Consistent with the City's Contract with
California Public Employees' Retirement System (CaIPERS)
BACKGROUND AND DISCUSSION
At the City Council's regular meeting on November 5, 2014, the Council directed staff to
schedule a resolution for a subsequent City Council regular meeting, approving and
designating the time period for the two years of additional service credit retirement incentive
for one Code Compliance Technician II position in the Community Development Department.
The staff report for the November 5 meeting included the information on required public
disclosure of the costs to the City for the proposed retirement incentive. That report is
available for public review on the City's website. The window period for filing of a retirement
application to be eligible for the two additional years of service credit is proposed to begin on
January 5, 2015, and end on July 2, 2015 (this time period is more than the minimum 90
days, but does not exceed the maximum 180 days permitted by CaIPERS). One retirement is
anticipated during the window period for the retirement incentive. The additional service will
be credited by CaIPERS after an eligible member has retired and is receiving a monthly
retirement allowance. The added cost to the retirement fund for any eligible employee who
retires during the specified period will be included in the contracting agency's annual valuation
report for the fiscal year that begins two years after the end of the designated period.
CaIPERS provides a resolution for adoption, and certification documents,which are included
as an attachment to this report. Following adoption action by the City Council, the resolution
and certification documents will be completed and signed by the Mayor and City Clerk and
forwarded to CaIPERS.
FISCAL IMPACT
The total estimated cost to the City for the two years additional service credit for the one
identified position is approximately $39,089.23. The cost of providing the additional service
credit for one employee would be offset by the elimination of another position at a higher
salary range.
72
Honorable City Council
December 17, 2014, Regular Meeting
Page 2
STAFF RECOMMENDATION
Adopt Resolution No. 2014-__ .
Attachment: Resolution to Grant Another Designated Period for Two Years Additional
Service Credit (and required certification forms)
73
RESOLUTION NO. 2014-
CITY COUNCIL
OF THE
--
CITY OF MOORPARK
RESOLUTION
TO
GRANT ANOTHER DESIGNATED PERIOD
FOR
TWO YEARS ADDITIONAL SERVICE CREDIT
WHEREAS, the City Council of the City of Moorpark is a contracting Public Agency of
the Public Employees' Retirement System; and
WHEREAS, said Public Agency desires to provide another designated period for Two
Years Additional Service Credit, Section 20903, based on the contract
amendment included in said contract which provided for Section 20903,
Two Years Additional Service Credit, for eligible members.
NOW, THEREFORE, BE IT RESOLVED, that said City Council does seek to add
another designated period, and does hereby authorize this Resolution,
indicating a desire to add a designated period from January 5, 2015
through July 2, 2015 for an eligible Code Compliance Technician II
member in the Community Development Department.
Adopted and approved this 17th day of December, 2014.
Attest:
Clerk/Secretary
Maureen Benson, City Clerk
(Rev. 1/96)
CITY COUNCIL
OF THE
CITY OF MOORPARK
Presiding Officer
Janice S. Parvin, Mayor
74
Resolution No. 2014-
Page 2
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Customer Account Services Division
Retirement Account Services Section
P. 0. Box 942709
Sacramento, CA 94229-2709
(888) CalPERS (225-7377)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of the Government Code
the future annual costs as determined by the System Actuary for the
increase/change in retirement benefit(s) have been made public at a public meeting
of the
(governing body)
City of Moorpark
(public agency)
On November 5, 2014 which is at least two weeks prior to the adoption of the
(date)
Resolution I Ordinance.
Adoption of the retirement benefit increase/change will not be placed on the consent
calendar.
Date ________ _
PERS-CON-12A (rev. 1196)
Clerk/Secretary
Maureen Benson
City Clerk
Title
75
Resolution No. 2014-
Page 3
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Customer Account Services Division
Retirement Account Services Section
P. 0. Box 942709
Sacramento, CA 94229-2709
(888) CalPERS (225-7377)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 20903
In accordance with Government Code Section 20903 and the contract between the
Public Employees' Retirement System, the City Council of the City of Moorpark hereby certifies
that:
1. Because of an impending curtailment of, or change in the manner of performing service,
the best interests of the agency will be served by granting such additional service credit.
2. The added cost to the retirement fund for all eligible employees who retire during the
designated window period will be included in the contracting agency's
employer contribution rate for the fiscal year that begins two years after the end of
the designated period.
3. It has elected to become subject to Section 20903 because of impending
mandatory transfers, demotions, and layoffs that constitute at least 1 percent of the
job classification, department or organizational unit, as designated by the
governing body, resulting from the curtailment of, or change in the manner of
performing, its services.
4. Its intention at the time Section 20903 becomes operative is to keep all vacancies
created by retirements under this section or at least one vacancy in any position in any
department or other organizational unit permanently unfilled thereby resulting
in an overall reduction in the work force of such department or organizational unit.
THEREFORE, the City Council of the City of Moorpark hereby elects to provide the
benefits of Government Code Section 20903 to all eligible members who retire within
the designated period, . lam 1ary 5, 2015 through . l11ly 2, 2015
Attest:
Clerk/Secretary
Maureen Benson, City Clerk
Date
CITY COUNCIL
OF THE
CITY OF MOORPARK
Presiding Officer
Janice S. Parvin, Mayor
2yr certification-PA (Rev. 4/04)
76
Resolution No. 2014-
Page 4
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Customer Account Services Division
Retirement Account Services Section
P. 0. Box 942709
Sacramento, CA 94229-2709
(888) CalPERS (225-7377)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
City of Moorpark
on December 17,2014.
(date)
PERS-CON-12 (rev. 1 /96)
(governing body)
(public agency)
Clerk/Secretary
Maureen Benson
City Clerk
Title
77