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CC - 2008-78 - Amending the CA Public Employees Retirement System Plan0 RESOLUTION: 2008-78 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, IN THE MATTER OF AMENDING THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM PLAN TO INCLUDING EMPLOYER PAID MEMBER CONTRIBUTIONS. WHEREAS, the governing body of the City of Rosemead has the authority to implement Government Code Section 20691;and WHEREAS, the governing body of the City of Rosemead has a written labor policy or agreement which specifically provides for the normal member contributions to be paid by the employer; and WHEREAS, one of the steps,in the procedures to implement Section 20691 is the adoption by the governing body of the City of Rosemead of a Resolution to commence. said Employer Paid Member Contributions (EPMC); and WHEREAS, the governing body of the City of Rosemead has identified the following conditions for the purpose of its election to pay EPMC: • This benefit shall aply to all employees who are enrolled in CalPERS This benefit shall consist of paying 8% of the normal member contributions as EPMC. • The effective date of this Resolutions shall be August 1, 1992. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD HEREBY RESOLVES AS FOLLOWS: ' The governing body of the City of Rosemead elects to pay EPMC, as set forth above. PASSED, APPROVED AND ADOPTED this 18th day of November 2008. John Tran MAYOR ATT ST: loria Molleda City Clerk APPROVED AS TO FORM: 11 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD ) 1, Gloria Molleda, City Clerk of the City of Rosemead, do hereby certify that the foregoing Resolution No. 2008-78 being: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, IN THE MATTER OF AMENDING THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM PLAN TO INCLUDING '-EMPLOYER PAID MEMBER CONTRIBUTIONS. was duly and regularly approved and adopted by the Rosemead City Council on the 18""' of November 2008, by the following vote to wit: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None Gloria Molleda City Clerk 0 0