RESOLUTION NO. 23-0156
A RESOLUTION OF INTENTION OF THE MANHATTAN
BEACH CITY COUNCIL APPROVING AN AMENDMENT TO
THE CONTRACT BETWEEN THE BOARD OF
ADMINISTRATION CALIFORNIA PUBL IC EMPLOYEES'
RETIREMENT SYSTEM AND THE CITY OF MANHATTAN
BEACH CITY COUNCIL
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 procedures to amend this 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 (Employees Sharing Additional Cost) of 3% for classic local safety members in the Unrepresented Employees Executives and Confidential group.
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhi bit" and by this reference made a part hereof.
ADOPTED on November 21, 2023.
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
RICHARD MONTGOMERY
Mayor
ATTEST:
____________________________
LIZA TAMURA
City Clerk