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RESOLUTION NO. 1569
RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE BOARD OF ADMINISTRATION OF THE STATE EMPLOYEES'
RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF DOWNEY.
WHEREAS, the State Employees' Retirement Law permits the participation of
public agencies and their employe=es in the State 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 step in said procedure is the adoption by the legislative body
of the public agency of a resolution giving notice of its intention to approve
am amendment to said contract, which reolution shall contain a summare of the
changes proposed in said contract; and
WHEREAS, the following is a statement of the proposed changes:
1. A monthly allowance shall be apdi to certain survivors of a
member who dies before retirement.
2. Additional death benefits shall be provided under Section 21364
as provided in 1961 Dhapter 2197 for certain survivors of safety
members who die as a result of an accident or an injury caused
by external violence or physical force.
NO, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE
AS FOLLOWS:
SECTION 1. That the City Council of the City of Downey gives, and it does
hereby give notice of intention to approve an amendment to contract between said.
CITY COUNCIL and the Board of Administration of the State Employees' Retirement
System, a copy of said amendment and a summary of the major changes of the pro-
posed amendment being attached hereto, marked Exhibit "A" and "B" and by this
reference made a part hereof.
SECTION 2. The City Clerk shall certify to the adoption of this resolution.,
APPROVED AND ADOPTED this 14th day of June, 1965.
4 s
A EST : Mayor
, f 4_
City Clerk
I HEREBY CERTIFY that the foregoing resolution was duly adopted at a
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regular meeting of the City Council of the City of Downey held on the 14th
day of June, 1965 by the following vote:
AYES: 5 Councilmen: Corbin, Dickerson, Dunnum, Morton, Temple
NOES: 0
ABSENT: 0
City Clerk
wr
RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE
STATE EMPLOYEES' RETIREMENT SYSTEM AND THE
CITY COUNCIL
OF THE
CITY OF DOWNEY
WHEREAS, the State Employees' Retirement Law permits the participation of public
agencies and their employees in the State Employees' Retirement System
by the execution of a contract, and sets forth the procedure by which
said ma P ublic agencies elect to subject themselves and their employees
g y subj �
to amendments to said law; and
WWHIBEAS, one step in said procedure is the adoption by the legislative 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 changes proposed in said contract; and
W►HEREA,SS, the following is a statement of the proposed changes:
1. A monthly allowance shall be paid to certain survivors of a
member who dies before retirement.
2. Additional death benefits shall be provided under Section 21364 as
provided in 1961 Chapter 2197 for certain survivors of safety members
who die as a result of an accident or an injury caused by external
violence or physical force.
NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF DOWNEY gives,
and it does hereby give notice of intention to approve an amendment to
contract between said CITY COUNCIL and the Board of Administration of
the State Employees' Retirement System, a copy of said amendment and a
summary of the major changes of the proposed amendment being attached
hereto, marked Exhibits "A" and "B" and by this reference made a part
hereof. •
CITY COUNCIL
OF THE
CITY OF DOWNEY
BY
(Name)
(Title) ,
' 1
(Date adopted and approved)
Rat. Form 122
EXHIBIT A
Waft
A.WDMSST TO COUTAACT BETWEIN !HZ
BOARD OF AIMINISTRATION
BUTZ sitmorszs tinlitacr
AND Tag
ciTr COUNCIL
OF THE
CITY OP LOWNEY
The Board of Administration, State Employeest Retirement System, hereinafter
referred to as board, end the CITY COUNCEL of the CITY OP 4JOwNEIC. hereinafter reo.
tarred to as PubXic Agency. having entered into a contract under data of Februar7 •
3, 1958 effective February Is 19588 and ae amended effective Say I. 1959, March
1. 1964. and January ], 1965, which provides for participation of' Publia Agoney
said System, Board and Publio Agency hereby agree as followst
A. me following sub-paragraphs shoal be added to paregreph 5 of said ,
contract and *hall apply to Public Agency*
s (8) Section 21380-7, Article 6, Chapter 9. (providing for illowanoss
for survivors of members covered under the program upon death
before retirement) shall spy.
5 (9) The 1961 amendment (Chapter 2197) to Section 21364(providing for
an additional death benefit to be paid to certain survivors of
safety members who die ae a result of an accident or an injury
caused by external violence or physical torso).
13. Paragraph 7 shell be *sanded to read as to11oinit
0.12 3
7 (a) gl percent of total salaries paid monthly to members until
,t9 y31. 1978 on account of the liability for prior service
v benefits.
_j•` 4 -
tilij ) Qi 2
percent of total salaries paid by Public Agency each
moi its employees who are and hereafter become member*
of said Retirement System on account ef the liability for cur*
• rent service benefits provided that only salary earned as asabers
of said System shall be included in said total ealsries•
Co The following sub..paragraph shall be added to paragreph Is
7 (*) $5.00 par month for each member coverod under the provision*
of Section 213.4-7 (SERS Survivor Program).
• D. This amendment shall be attached to and shall be effective
as of 414a44.4.....442.raiu........•
tiff
Witness our hand this day of -
BOARD 07 ADMINISTRATION CITY COUNCIL 0 I
• BTATZ EMPLOYEES' NisifIRItl..teNT srsTim car OF DOWNS!
BY
?WM* 540114;ter 41111 s
Atta$t$ ''
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'0"4 EXHIBIT B
Benefits to Employees Under
SERS SURVIVOR BENEFITS
(Benefits provided by Sections 21380 -21386 of the Retirement Law)
BENEFITS
Survivors of members who elect coverage under the SERS survivor program and
whose death occurs before retirement will receive a monthly life income as follows:
Widow and two or more dependent children
or $250
Three or more dependent children, alone
Widow and one dependent child
or $180
Two dependent children, alone
Widow, alone, age 62 (widower age 65)
or $ 90
One dependent child, alone
•
If there is no widow or dependent child, then
to each dependent parent (mother 62, father 65) $ 90
Conditions:
1. A dependent child is one under the age of 18 and unmarried, or a disabled
child of any age who has been continuously disabled since age 18.
2. A widow ceases to be eligible for a benefit upon her remarriage.
3. A widower will be eligible for a benefit the same as a widow provided he
was dependent upon the deceased member for at least one -half of his
support. •
4. The basic death benefit currently included in your retirement program pro-
vides that should a member die prior to his retirement, his beneficiary
would be paid the member's accumulated contributions plus an additional
amount equal to one - month's salary for each year of service, up to a maximum
of six months. The above survivor benefits will be payable in addition to
any basic death benefit the survivor may be entitled to receive.
5. If a member is covered under both the SERS survivor benefit described above
and the survivor benefits as provided in Section 21365,5'of the Retiremen,..
,. Law (Section 21337 for safety members), the survivor would receive the
greater of the two allowances, but not both.
Ret. Form 1171 -1 (1/60) 300
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or
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6. The special death benefit provided the widow of a safety member whose
death is "in line of duty" is a monthly allowance equal to one -half of
the member's "final compensation." If the widow is also eligible for a
benefit under the survivor program herein described, she will not receive
both benefits, rather she will receive the larger of the two.
COST TO THE EMPLOYEE
Each employee will contribute $2.00 a month in addition to his normal retire-
ment contributions. He will continue to pay this additional amount until either
termination of employment or retirement and under no circumstances will they be
refundable.
EFFECTIVE DATE
These survivor benefits will become effective on Jq, n oa r / / 9 AA (date).
All present members of the System will be given the opportunity by written ballot to
select this survivor coverage. Persons who choose coverage will remain covered until
they terminate their employment or retire. IT IS NOT NOW PROVIDED that persons, who
do not choose coverage will be allowed to choose coverage at a later date.
For agencies not covered under OASDI all future employees would be mandatorily
covered under this program. For agencies who are covered under OASDI all future
employees are mandatorily covered under OASDI and, therefore, are not eligible for
the SERS survivor benefits.
EXAMPLE
•
Under the SERS survivor program, if a member passes away before retirement
leaving a widow and four children, the widow would receive a monthly income of $250
until such time as the three oldest children have passed age 18 (so that she now only
has one child under the age of 18) at which time her benefit would be reduced to
i $180. The 180 would continue to be
$ paid until the last child passes the age of 18
at which time the payment would cease until the widow reaches the age of 62. She
would then receive $90 a month for the remainder of her lifetime. The widow ceases
to be eligible for her benefit when she remarries although would continue
to any remaining children under the age of 18.
•
Ret. Form 1171 -2 (1/60) 300