HomeMy WebLinkAbout1997-239
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RESOLUTION NO.
97-239
RESOLUTION OF THE CITY OF SAN BERNARDINO REQUESTING
THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
EXTEND THE FUNDING PERIOD FOR CURRENT AND PRIOR SERVICE
ACTUARIAL LIABILITIES.
WHEREAS, the City of San Bernardino is a contracting agency of the California Public
Employees Retirement System; and
WHEREAS, the City of San Bernardino is requesting a funding extension to help relieve
the Budget constraints; and
WHEREAS, the City of San Bernardino has been advised by the Actuarial and Employer
Services Division of the California Public Employees' Retirement System that
the governing body may request an extension of the funding period for the safety
plan for the current and prior service actuarial liabilities to June 30, 2011;
BE IT THEREFORE RESOLVED, that the governing body of the City of San
Bernardino does request an extension of the funding period for the safety plan for
current and prior service actuarial liabilities to June 30, 2011, and further resolves
to direct the City Clerk to forward a certified copy ofthis resolution to the
California Public Employees' Retirement System.
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97- 39
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RE: RESOLUTION OF THE CITY OF SAN BERNARDINO REQUESTING THE
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM EXTEND THE
FUNDING PERlOD FOR CURRENT AND PRIOR SERVICE ACTUARIAL
LIABILITIES.
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the
Mayor and Common Council of the City of San Bernardino at a
joint regular
4th
August
, 1997 by thefollowing
day of
meeting thereof, held on the
7 vote, to wit:
COUNCIL MEMBERS
AYES
NAYS
ABSTAIN ABSENT
NEGRETE
x
CURLIN
x
ARIAS
x
OBERHELMAN
x
DEVLIN
x
ANDERSON
x
MILLER
x
R~~~
The foregoing resolution is hereby approved this 51A. day of AU"rt , 1997.
'/~}tLr~
Tom Minor, Mayor -,
City of San Bernardino
Approved as to form
and legal content:
James F. Penman
City Attorney
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