CITY OF MOUNTAIN VIEW
RESOLUTION NO. 18787
SERIES 2023
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOUNTAIN VIEW
TO MODIFY CALPERS COST-SHARE CONTRIBUTIONS FOR ALL
UNREPRESENTED SAFETY PUBLIC EMPLOYEES' PENSION REFORM ACT EMPLOYEES WHEREAS, on June 15, 2015, the City Council of the City of Mountain View adopted total employee pension contributions for CaPERS Public Employees' Pension Reform Act (PEPRA) members in Unrepresented Safety employee groups; and
WHEREAS, the total employee contribution adopted is not to exceed 13.616% for Unrepresented Fire Managers and 14.148% for Unrepresented Police Managers and Hourly Safety employees, including the employees' 50% of the normal cost and any cost share; and WHEREAS, CaPERS has published the Annual Actuarial Valuation Report, which reflects an increase in the Safety PEPRA Normal Contribution effective Fiscal Year 2023-24 and resulting in the need to reduce the cost share for Unrepresented Safety and Unrepresented Safety Hourly employees to maintain the established total employee contribution; now, therefore, be it RESOLVED: that the City Council of the City of Mountain View hereby amends or approves the following for unrepresented safety employees effective the later of the pay period, including July 1, 2023, or upon CaPERS completion of the contract amendment process:
Unrepresented Safety Employees: Fire Managers and Police Managers
1. CalPERS Unrepresented Safety Employee Contribution-Police Managers: Effective the later of the pay period, including July 1, 2023, or as soon as administratively possible with CaPERS, the total pension contribution by employees on the 2.7% at 57 safety retirement formula established under the PEPRA shall be reduced by 0.75% to maintain the current total employee contribution of 14.148% in response to the increased CaPERS normal contribution for Fiscal Year 2023-24. The new PEPRA employee cost-share will be 2.148%.
2. CalPERS Unrepresented Safety Employee Contribution -Fire Managers: Effective the later of the pay period, including July 1, 2023, or as soon as administratively possible with CalPERS, the total pension contribution by employees on the 2.7% at 57 safety retirement formula established under the PEPRA shall be reduced by 0.75% to maintain the current total employee contribution of 13.616% in response to the increased CaPERS normal contribution for Fiscal Year 2023-24. The new PEPRA employee cost-share will be 1.616%. -1-
Resolution No. 18787
Employee Contribution
FY 2023-24
Employee
Unrepresented Safety Cost-Share,
Members Employee Effective the
Cost-Share pay period
Effective in Employee Cost-Share including
FY 2022-23 Change July 1, 2023
Fire Managers
PEPRA (2.7 @ 57) 2.366% -0.75% 1.616%
Police Managers
PEPRA (2.7 @ 57) 2.898% -0.75% 2.148%
Unrepresented Safety Hourly Employees
1. CaPERS Unrepresented Safety Employee Contribution-Hourly Police Employees:
Effective the later of the pay period, including July 1, 2023, or as soon as administratively possible with CaPERS, the total pension contribution by employees on the 2.7% at 57 safety retirement formula established under the PEPRA shall be reduced by 0.75% to maintain the current total employee contribution of 14.148% in response to the increased CalPERS normal contribution for Fiscal Year 2023-24. The new PEPRA employee cost share will be 2.148%.
Employee Contribution
FY 2023-24
Employee
Unrepresented Safety Hourly Cost-Share
Employees Employee Effective the
Cost-Share pay period
Effective in Employee Cost-Share including
FY 2022-23 Change July 1, 2023
Sworn Police Hourly
PEPRA (2.7@57) 2.898% -0.75% -2.148%
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Resolution No. 18787
The foregoing resolution was regularly introduced and adopted at a Regular Meeting of the City Council of the City of Mountain View, duly held on the 25th day of April 2023, by the following vote:
AYES: Councilmembers Abe-Koga, Kamei, Matichak, Ramirez, Ramos, Vice Mayor Showalter, and Mayor Hicks
NOES: None
ABSENT: None
ATTEST: APPROVED:
shaken eas Cilitie
HEATHER GLASER. ALISON HICKS
CITY CLERK MAYOR
Pursuant to Mountain View Charter § 709(b), I do hereby certify that the foregoing is an original or a correct copy of the Resolution passed and adopted by the City Council of the City of Mountain View at a Regular Meeting held on the 25th day of April 2023, by the foregoing vote.
Lacherteser
City of Mountain View
AC/2/RESO
036-04-11-23r
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