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HomeMy WebLinkAbout23657 RESOLUTION NO. 23657 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING PAYING AND REPORTING THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTIONS FOR THE PUBLIC EMPLOYEES RETIREMENT SYSTEM (PERS) FOR EMPLOYEES OF THE EXECUTIVE MANAGEMENT WHEREAS, the governing body of the City of Palm Springs has the authority to implement Government Code Section 20636(c)(4) pursuant to Section 20691; WHEREAS, the governing body of the City of Palm Springs has an agreement which specifically provides for the normal member contributions to be paid by the employer, and reported as additional compensation; WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the governing body of the City of Palm Springs of a Resolution to commence paying and reporting the value of said Employer Paid Member Contributions (EPMC); WHEREAS, the governing body of the City of Palm Springs has identified the following conditions for the purpose of its election to pay EPMC; • This benefit shall apply to all employees of Executive Management (EX) in the Miscellaneous Group, including the Police Chief and Fire Chief in the Safety Group • This benefit shall consist of paying 0% of the normal contributions as EPMC, and reporting the same percent (value) of compensation earnable* {excluding Government Code Section 20636(c)(4)} as additional compensation. • The effective date of this Resolution shall be September 14, 2014. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: RESOLVED, that the governing body of the City of Palm Springs elects to pay and report the value of EPMC, as set forth above. ADOPTED this 3rd day of September 2014 David H. Ready, Ci r ATTEST: James Thompson, City Clerk CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. 23657 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on September 03, 2014, by the following vote: AYES: Councilmember Foat, Councilmember Lewin, Mayor Pro Tern Hutcheson and Mayor Pougnet. NOES: None. ABSENT: Councilmember Mills ABSTAIN: None. mes Thompson, City Clerk 6-�City of Palm Springs, California * Note: Payment of EPMC and reporting the value of EPMC on compensation earnable is on pay rate and special compensation except special compensation delineated in Government Code Section 20636(c)(4) which is the monetary value of EPMC on compensation earnable.