1 GJA:bg A22-03222 (10-17-2022)
01448600.DOCX
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OFFICE OF THE CITY ATTORNEY
CHARLES PARKIN, City Attorney
411 W. Ocean Boulevard, 9th Floor
Long Beach, CA 90802
RESOLUTION NO.
A RESOLUTION OF INTENTION BY THE CITY
COUNCIL OF THE CITY OF LONG BEACH TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE BOARD OF
ADMINISTRATION OF THE CALIFORNIA PUBLIC
EMPLOYEES’ RETIREMENT SYSTEM AND THE CITY OF
LONG BEACH
WHEREAS, the California Public Employees’ Retirement Law permits the participation of public agencies and their employees in the California Public Employees’ Retirement System (CalPERS) 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, the City of Long Beach entered into a contract with the Board of Administration of CalPERS to provide for the City’s participation in CalPERS effective July 1, 1950, which has been amended from time to time; and
WHEREAS, one of the steps in the procedures to further amend said contract is the adoption by 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 proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20516(f) (Employee Sharing Additional Cost) of 2% for Classic Public Safety employees in the in the Long Beach Lifeguard Association (LGA) toward the City’s required employer contribution to CalPERS, via payroll deductions. The cost sharing contribution will be in addition to the 9% statutory employee contribution already paid by the employee, and will decrease the employee’s contribution to a total of 11.0%.
RES-22-0188
EXHIBIT “A”