NVF:SH
6/9/25
2216083.doc/T-46317 1
Council Agenda: 6/17/2025
Item No.: 2.46
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
RESOLUTION NO. ______________
A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN
JOSE INCREASING THE MONTHLY STIPEND FOR NON-
CITY EMPLOYEE MEMBERS OF THE BOARDS OF
ADMINISTRATION FOR THE FEDERATED CITY
EMPLOYEES’ RETIREMENT SYSTEM AND THE POLICE
AND FIRE RETIREMENT PLAN, AS RECOMMENDED BY
THE SALARY SETTING COMMISSION
WHEREAS, in November 2014, voters in the City of San José passed Measure G, amending the powers and duties of the Salary Setting Commission (“Commission”) to include making biennial recommendations to the City Council regarding the monthly stipend for non-City employee members of the retirement boards which administer the City of San José retirement plans (“Retirement Boards”); and
WHEREAS, the Commission met on March 24, 2025 and made a recommendation regarding the amount of the stipend which it deems appropriate for non-City employee members of the Retirement Boards; and
WHEREAS, the City Council has reviewed and considered the recommendation of the Commission.
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NVF:SH
6/9/25
2216083.doc/T-46317 2
Council Agenda: 6/17/2025
Item No.: 2.46
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SAN JOSE THAT:
The stipend for non-City employee members of the Board of Administration for the Federated City Employees Retirement System and the Board of Administration for the Police and Fire Retirement Plan is hereby increased from $280 per monthly board meeting to $305 per monthly board meeting.
ADOPTED this _____ day of ___________, 2025, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
MATT MAHAN
Mayor
ATTEST:
TONI J. TABER, CMC
City Clerk