Ordinance No. 856 - Amendment to CalPers AgreementORDINANCE NO. 856
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD, CALIFORNIA, AUTHORIZING AN AMNDMENT TO
THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF
ROSEMEAD AND THE BOARD OF ADMINISTRATION OF THE
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM.
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 themselves and their employees to amendments
to said Law; and
WHEREAS, one of the steps in the procedure to amend this contract is the adoption by the
governing board of the public agency of an ordinance which formalizes its
intention to approve an amendment to said contract; and
• WHEREAS, the following is a statement of the proposed change:
To provide Section 21354.5 (2.7%@55 Supplemental formula) and
Section 20042 (One-Year Final Compensation) for local miscellaneous
members.
NOW, THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES ORDAIN AS
FOLLOWS:
SECTION 1.
That an amendment to the contract between the City Council of the City of Rosemead and the
Board of Administration of the California Public Employees' Retirement System is hereby
authorized.
• SECTION 2.
That a copy of the amendment to the contract between the City Council of the City of Rosemead
and the Board of Administration of the California Public Employees' Retirement System is
attached as an Exhibit.
PASSED AND ADOPTED this 251h day of September, 2007.
,IV
ATTEST:
~La rw
Nina Castruita
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD ' )
I, Nina Castruita, City Clerk of the City of Rosemead, do hereby certify that
Ordinance No. 856 was duly and regularly approved and adopted by the Rosemead City
Council on the 25th of September, 2007, by the following vote to wit:
• Yes: LOW, NUNEZ, TRAN
No: CLARK, TAYLOR
Absent: NONE
Abstain: NONE
k ,j A,
Nina Castruita
City Clerk
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