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HomeMy WebLinkAbout16-Human Resources ORIGINAL CITY OF SAN BERNARDINO — REQUEST FOR COUNCIL ACTION From: LINN LIVINGSTON, DIRECTOR Subject: A RESOLUTION OF OF HUMAN RESOURCES INTENTION AUTHORIZING AN AMENDMENT TO THE CONTRACT Dept: HUMAN RESOURCES BETWEEN THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM Date: June 6, 2011 AND THE CITY OF SAN BERNARDINO ESTABLISHING A TWO- TIER RETIREMENT BENEFIT FORMULA FROM 3% @ 50 TO 3% @ 55 FOR NEW SAFETY EMPLOYEES. M/CC Meeting Date: June 20, 2011 Synopsis of Previous Council Action: On July 21, 2008, the Mayor and Common Council approved an ordinance authorizing the contract between the Public Employees' Retirement System (PERS) and the City of San Bernardino to provide a 3% @ 50 retirement benefit for Safety Employees. Recommended Motion: Adopt Resolution. Signatu Contact person: Linn Livingston Phone: 384-5161 Supporting data attached: Ward: FUNDING REQUIREMENTS: Amount: FUTURE SAVINGS Source: (Acct. No.) (Acct. Description) Finance: Council Notes: Agenda Item No. i E I I CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION Staff Report Subject: A Resolution of Intention authorizing an amendment to the contract between the Public Employees' Retirement System and the City of San Bernardino establishing a two-tier retirement benefit formula from 3% @ 50 to 3% @ 55 for new safety employees. Background: The City's negotiation team met and conferred with the safety bargaining groups to amend the Public Employees' Retirement System (PERS) contract to establish a two-tier retirement benefit formula from 3% @ 50 to 3% @ 55. As per PERS law, the City is required to amend its PERS contract to implement Section 21363.1 (3% @ 55 full formula). The effective date of the two-tier formula will be September 1, 2011, all safety employees hired on or after September 1, 2011, will participate in the 3% @ 55 formula. The attached Resolution and Schedule of Agency Actions (Exhibit A) authorizes an amendment of the City contract with PERS (Exhibit B) to provide the 3% @ 55 benefit for all new safety members. An ordinance will be taken to Mayor and Common Council on July 18, 2011, as per the Schedule of Agency Actions required by PERS for contract amendment. Financial Impact: No cost or savings anticipated for FY 2011-12. The City anticipates a 0.21% (estimated $92,000) employer rate reduction. Recommendation: Adopt Resolution. 2 1 Resolution No 2 RESOLUTION OF INTENTION AUTHORIZING AN AMENDMENT TO T HE 3 CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE CALIFORNI 4 PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO. 5 6 WHEREAS, the Public Employees' Retirement Law permits the participation of public 7 agencies and their employees in the Public Employees' Retirement System by the execution of contract, and sets forth the procedure by which said public agencies may elect to subjec 8 themselves and their employees to amendments to said Law; and 9 10 WHEREAS, one of the steps in the procedures to amend this contract is the adoption by 11 the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change propose 12 in said contract; and 13 14 WHEREAS, the following is a statement of the proposed change: 15 To provide Section 21363.1 (3.0% @ 55 Full formula) for local safety members. 16 NOW, THEREFORE, BE IT RESOLVED that the Mayor and Common Council of the 17 City San Bernardino do hereby give notice of intention to approve an amendment to the contrac 18 between said City and the Board of Administration of the Public Employees' Retirement System 19 a copy of said amendment being attached hereto, as Exhibit "A" and by this reference made 20 part hereof. 21 22 23 24 25 d 's 1 RESOLUTION OF INTENTION AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE CALIFORNI 2 PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO. 3 4 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor an 5 the Common Council of the City of San Bernardino at a meeting thereof, held 6 on day of , 2011, by the following vote,to wit: 7 8 COUNCILMEMBERS: AYES NAYES ABSTAIN ABSENT 9 MARQUEZ VACANT 10 BRINKER 11 SHORETT 12 KELLEY 13 JOHNSON MCCAMMACK 14 15 16 Rachel G. Clark, City Clerk 17 The foregoing resolution is hereby approved this day of 18 2011. 19 20 Patrick J. Morris, Mayor City of San Bernardino 21 22 Approved as to form: 23 JAMES F. PENMAN, City Attorney 24 BY 25 H enda Items:Reso.3.0%@55.2011 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM EffiBIT "A" Actuarial and Employer Services Branch Contract Maintenance Unit P.O. Box 942709 Sacramento, CA 94229-2709 (888) CaIPERS (225-7377) FAX (916)795-3005 SCHEDULE OF AGENCY ACTIONS FOR PLANNING YOUR AMENDMENT TO CONTRACT CaIPERS will prepare the documents necessary to amend your contract and provide them to you within 30 days of receipt of the Contract Amendment Request in our office. The contracting agency must have a current Amendment Cost Analysis before proceeding with an amendment to the contract. 1. 05/22/11 ENTER A DATE THAT IS 30 DAYS FROM THE DATE YOU EXPECT CalPERS TO RECEIVE THE CONTRACT AMENDMENT REQUEST FORM YOU SUBMITTED OR WILL BE SUBMITTING. This is the date you may expect to receive the documents from CalPERS that you will need to amend the Contract. 2. 03/18/10 THE DATE AN ACTUARY WILL BE PRESENT TO PROVIDE INFORMATION REGARDING THE ACTUARIAL IMPACT UPON FUTURE ANNUAL COSTS. (The presence of an actuary is required if future costs of the benefit changes exceed'/of 1% of the future annual costs of the existing benefits.) 3. 06/20/11 ENTER THE DATE THE GOVERNING BODY WILL ADOPT THE RESOLUTION OF INTENTION DOCUMENT. Allow the necessary time after the date you expect to receive the needed documents from CalPERS (#1 above)to include adoption of the Resolution of Intention on the Governing Body's meeting agenda. The first reading of the Ordinance may be held on the same day the Resolution of Intention is adopted. 4. N/A ENTER THE DATE THE EMPLOYEE ELECTION WILL BE HELD. An employee election is required only if the employee contribution rate will change. If required, - s — - this election must follow the Governing Body's adoption of the Resolution of Intention (#3 above)and must be prior to the Adoption of the Ordinance(#5 below). 5. 07/18/11 ENTER THE DATE THE GOVERNING BODY WILL ADOPT THE-ORDINANCE. This date-must..be at-1east-20,days-aftbt the`°date the Governing Body adopts the Resolution of Intenfior�( �'atio�e). 6. 8/22/11 ENTER THE EFFECTIVE DATE OF THE ORDINANCE. This date is usually 30 days,after.the date,the_Governing.Body adopts'the final ordinance(#5 above)unless an Urgency Ordinance is adopted which establishes an earlier Ordinance effective date. 7. 09/01/11 ENTER THE EFFECTIVE DATE OF THE AMENDMENT TO CONTRACT. If there is no change in the employee or the employer contribution rates this date may be as early as the day after the effective date of the Ordinance(#6 above). if there is a change in the employee and/or the employer contribution rates, this date must be the first day of a payroll period and may not be earlier than the day after the effective date of the Ordinance (date#6). THIS FORM IS USED FOR PROPERLY PLANNING AND SCHEDULING THE AGENCY ACTIONS TO AMEND THE CONTRACT WITH CalPERS. CAREFULLY FOLLOWING THE GUIDELINES IN THIS FORM CAN PREVENT THE NEED TO RESCIND ACTIONS TAKEN BY YOUR GOVERNING BODY AND REPEATING THE PROCESS AS WELL AS AVOIDING UNNECESSARY DELAYS IN THE AMENDMENT EFFECTIVE DATE. THIS FORM SHOULD BE COMPLETED AND A COPY RETURNED TO THIS OFFICE WITH THE CONTRACT AMENDMENT REQUEST. PLEASE CALL YOUR CONTRACT ANALYST AT (888)225-73771F YOU HAVE QUESTIONS. Cities and Counties Schedule of Agency Actions (rev.6/09) I E%H IBIT "B" CAPERS California Public Employees' Retirement System 4001-MNUz=NVWMNEWNWI� AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees ' Retirement System and the City Council City of San Bernardino The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective March 1, 1945, and witnessed February 6, 1945, and as amended effective November 1, 1949, September 1, 1951, January 1, 1952, July 1, 1954, February 1, 1965, February 24, 1969, March 8, 1971, October 1, 1973, October 28, 1974, March 17, 1975, April 28, 1975, November 10, 1975, July 6, 1977, January 7, 1985, May 27, 1985, September 16, 1988, August 27, 1990, August 1, 1996, July 3, 1997, January 1, 1998, August 1, 1998, November 1, 1999, June 1, 2001, July 1, 2001, January 1, 2008, and January 1, 2009 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 14 are hereby stricken from said contract as executed effective January 1, 2009, and hereby replaced by the following paragraphs numbered 1 through 16 inclusive: 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 55 for local miscellaneous members; age 50 for local safety members entering membership in the safety classification on or prior to the effective date of this amendment to contract, and age 55 for local safety members entering membership for the first time in the safety classification after the effective date of this amendment to contract. 2. Public Agency shall participate in the Public Employees' Retirement System from and after March 1, 1945 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contracting agency. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorneys fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirement program. (b) Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than existing retirement benefits, provisions or formulas. (c) Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (d) Public Agency's election to file for bankruptcy under Chapter 9 (commencing with section 901) of Title 11 of the United States Bankruptcy Code and/or Public Agency's election to reject this Contract with the CaIPERS Board of Administration pursuant to section 365, of Title 11, of the United States Bankruptcy Code or any similar provision of law. (e) Public Agency's election to assign this Contract without the prior written consent of the CaIPERS' Board of Administration. (f) The termination of this Contract either voluntarily by request of Public Agency or involuntarily pursuant to the Public Employees' Retirement Law. (g) Changes sponsored by Public Agency in existing retirement benefits, provisions or formulas made as a result of amendments, additions or deletions to California statute or to the California Constitution. 4. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). 5. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: a. CROSSING GUARDS HIRED ON OR AFTER JANUARY 1, 1952; b. LIBRARY PAGES HIRED ON OR AFTER MARCH 17, 1975; C. LIFEGUARDS; d. SENIOR LIFEGUARDS; e. SUPERVISING LIFEGUARDS; f. RECREATION INTERNS; g. RECREATION AIDES; h. RECREATION LEADERS; L SENIOR RECREATION LEADERS; j. RECREATION SPECIALIST; k. LOCKER ATTENDANTS; I. VEHICLE OPERATORS; AND M. EXTRA RELIEF HEAVY LABORERS (EXTRA BOARD). 6. Prior to January 1, 1975, those members who were hired by Public Agency on a temporary and/or seasonal basis not to exceed 6 months were excluded from PERS membership by contract. Government Code Section 20336 superseded this contract provision by providing that any such temporary and/or seasonal employees are excluded from PERS membership subsequent to January 1, 1975. Legislation repealed and replaced said Section with Government Code Section 20305 effective July 1, 1994. 7. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member in employment before and not on or after January 1, 2008 shall be determined in accordance with Section 21354 of said Retirement Law (2% at age 55 Full). 8. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member in employment on or after January 1, 2008 shall be determined in accordance with Section 21354.5 of said Retirement Law (2.7% at age 55 Full). 9. The percentage of final compensation to be provided for each year of credited prior and current service as a local safety member entering membership in the safety classification on or prior to the effective date of this amendment to contract shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 10. The percentage of final compensation to be provided for each year of credited current service as a local safety member entering membership for the first time in the safety classification after the effective date of this amendment to contract shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). 11. Public Agency elected and elects to be subject to the following optional provisions: a. Sections 21624, 21626 and 21628 (Post-Retirement Survivor Allowance). b. Section 21222.1 (One-Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. C. Section 20042 (One-Year Final Compensation). d. Section 21024 (Military Service Credit as Public Service). e. Section 21222.2 (One-Time 5% Increase - 1971). Legislation repealed said Section effective January 1, 1980. f. Section 21319 (One-Time 15% Increase for Local Miscellaneous Members Who Retired or Died Prior to July 1, 1971). Legislation repealed said Section effective January 1, 2002. 1'! '" + t 4 R �t t/j ►. I'r rA g. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local miscellaneous members and local fire members only. h. Section 20903 (Two Years Additional Service Credit) for local miscellaneous members only. i. Section 21635 (Post-Retirement Survivor Allowance to Continue After Remarriage) for local fire members only. j. Section 20475 (Different Level of Benefits). Section 21363.1 (3% @ 55 Full formula) is applicable to local safety members entering membership for the first time in the safety classification after the effective date of this amendment to contract. 12. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on April 28, 1975. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 13. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 14. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21574 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local miscellaneous members and local safety members. b. A reasonable amount, as fixed by the Board, payable in one installment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. C. A reasonable amount, as fixed by the Board, payable in one installment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. 15. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. 16. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the day of , BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF SAN BERNARDINO BY BY DARRYL WATSON, CHIEF PRESIDING OFFICER CUSTOMER ACCOUNT SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM Witness Date Attest: Clerk AMENDMENT ER#61 PERS-CON-702A CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. 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 of the (governing body) (public agency) on (date) Clerk/Secretary Title PERS-CON-12 (rev. 1/96) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services (888) CalPERS (225-7377) SUMMARY OF MAJOR PROVISIONS 3% @ 55 Formula (Section 21363.1) Local Safety Members SERVICE RETIREMENT To be eligible for service retirement, a member must be at least age 50 and have five years of CalPERS credited service. If provided by the employer's contract, mandatory retirement age for local safety members is age 60. The monthly retirement allowance is determined by age at retirement, years of service credit and final compensation. The basic benefit is 3% of final compensation for each year of credited service upon retirement at age 55. If retirement is earlier than age 55, the percentage of final compensation decreases for each quarter year of attained age to 2.40% at age 50. The allowance is limited to 90% of final compensation. Final compensation is the average monthly pay rate during the last consecutive 36 months of employment, or 12 months if provided by the employer's contract, unless the member designates a different period of 36 or 12 consecutive months when the average pay rate was higher. Certain items of special compensation earned during your final compensation period will be included in your final compensation, in accordance with Board regulations. DISABILITY RETIREMENT Members substantially incapacitated from performing the usual duties for the position for his/her current employer would be eligible for disability retirement provided they have at least five years of service credit. The monthly retirement allowance is 1.8% of final compensation for each year of service. The maximum percentage for members who have between 10.000 and 18.518 years of service credit is one-third of their final compensation. If the member is eligible for service retirement the member will receive the highest allowance payable, service or disability. If provided by the employer's contract, the benefit would be a minimum of 30% of final compensation for the first five years of service credit, plus 1% for each additional year of service to a maximum benefit of 50% of final compensation. INDUSTRIAL DISABILITY RETIREMENT Members permanently incapacitated from performing their duties, as defined above under Disability Retirement, and the disability is a result of a job-related injury or illness may receive an Industrial Disability Retirement benefit equal to 50% of their final compensation. If provided in the employer's contract and the member is totally disabled, the disability retirement allowance would equal 75% of final compensation in lieu of the disability retirement allowance otherwise provided. If the member is eligible for service retirement, the service retirement allowance is payable. The total allowance cannot exceed 90% of final compensation. PRE-RETIREMENT DEATH BENEFITS Basic Death Benefit: This benefit is a refund of the member's contributions plus interest and up to six months' pay (one month's salary rate for each year of current service to a maximum of six months). PERS-CON-53(rev.6/07) 1957 Survivor Benefit: An eligible beneficiary may elect to receive either the Basic Death Benefit or the 1957 Survivor Benefit. The 1957 Survivor Benefit provides a monthly allowance equal to one- half of the highest service retirement allowance the member would have received had he/she retired on the date of death. The 1957 Survivor Benefit is payable to the surviving spouse or registered domestic partner until death or to eligible unmarried children until age 18. 1959 Survivor Benefit: (If provided by the employer's contract and the member is not covered under social security.) A surviving spouse or registered domestic partner and eligible children may receive a monthly allowance as determine by the level of coverage. This benefit is payable in addition to the Basic Death Benefit or 1957 Survivor Benefit. Children are eligible if under age 22 and unmarried. Pre-Retirement Option 2W Death Benefit: (If provided by the employer's contract.) The spouse or registered domestic partner of a deceased member, who was eligible to retire for service at the time of death, may to elect to receive the Pre-Retirement Option 2W Death Benefit in lieu of the lump sum Basic Death Benefit. The benefit is a monthly allowance equal to the amount the member would have received if he/she had retired for service on the date of death and elected Option 2W, the highest monthly allowance a member can leave a spouse or registered domestic partner. Special Death Benefit: A surviving spouse, registered domestic partner, or eligible children or step children may receive a monthly allowance equal to one-half of the final compensation. If the cause of death is due to external violence or physical force while on the job, and there are eligible surviving children in addition to a spouse or registered domestic partner, the allowance may be increased to a maximum of 75%. COST-OF-LIVING ADJUSTMENTS The cost of living allowance increases are limited to a maximum of 2% compounded annually unless the employer's contract provides a 3, 4, or 5% increase. DEATH AFTER RETIREMENT The lump sum death benefit is $500 (or $600, $2,000, $3,000, $4,000 or $5,000 if provided by the employer's contract) regardless of the retirement plan chosen by the member at the time of retirement. TERMINATION OF EMPLOYMENT Members who have separated from employment may elect to leave their contributions on deposit or request a refund of contributions and interest. Those who leave their contributions on deposit may apply at a later date for a monthly retirement allowance if the minimum service and age requirements are met. Members who request a refund of their contributions terminate their membership and are not eligible for any future benefits unless they return to CalPERS membership. EMPLOYEE CONTRIBUTIONS Local safety members covered by the 3% @ 55 formula contribute 9% of reportable earnings. Those covered under a modified formula (coordinated with Social Security) do not contribute on the first $133.33 earned. The employer also contributes toward the cost of the benefits. The amount contributed by the employer for current service retirement benefits generally exceeds the cost to the employee. In addition, the employer bears the entire cost of prior service benefits (the period of time before the employer provided retirement coverage under CaIPERS). All employer contribution rates are subject to adjustment by the CaIPERS Board of Administration. PERS-CON-53(rev_6/07)