Attachment 1
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CITY OF MOUNTAIN VIEW
RESOLUTION NO.
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 CalPERS Public Employees’ Pension Reform Act (PEPRA) members in Unrepresented Safety employee groups; and
WHEREAS, the total employe e contribution adopted is not to exceed 14.366% for Unrepresented Fire Managers and 14.798% for Unrepresented Police Managers and Hourly Safety employees, including the employees’ 50% of the normal cost and any cost-share; and
WHEREAS, CalPERS has published the Annual 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 CalPERS 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 CalPERS, the total pension contribution by employees on the 2.7 % at 57 safety retirement formula established under PEPRA shall be reduce d by 0.75% to maintain the current total employee contribution of 14.798% in response to the increased CalPERS normal contribution for Fiscal Year 2023-24. The new PEPRA employee cost-share will be 2.798%.
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 PEPRA shall be reduc ed by 0.75 % to maintain the current total employee contribution of 14.366% in response to the increased CalPERS normal contribution for Fiscal Year 2023-24. The new PEPRA employee cost-share will be 2.366%.
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Unrepresented Safety
Members
Employee Contribution
FY 2023-24
Employee
Cost-Share
Effective in
FY 2022-23
Employee Cost-
Share Change
Employee
Cost-Share,
Effective the
Pay Period Including
July 1, 2023
Fire Managers
PEPRA (2.7 @ 57) 3.116% -0.75% 2.366%
Police Managers
PEPRA (2.7 @ 57) 3.548% -0.75% 2.798%
Unrepresented Safety Hourly Employees
1. CalPERS 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 CalPERS, the total pension contribution by employees on the 2.7 % at 57 safety retirement formula established under PEPRA shall be reduce d 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%.
Unrepresented Safety Hourly
Employees
Employee Contribution
FY 2023-24
Employee
Cost-Share
Effective in
FY 2022-23
Employee Cost-
Share Change
Employee
Cost-Share,
Effective the
Pay Period Including
July 1, 2023
Sworn Police Hourly
PEPRA (2.7 @ 57) 2.898% -0.75% 2.148%
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AC-LB/6/RESO
036-05-23-23r