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HomeMy WebLinkAboutResolution No. 5783 RESOLUTION NO. 5783 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY MEMORIALIZING THE PRACTICE OF REPORTING EMPLOYEE CONTRIBUTION PAYMENTS TO THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM, AND ITS INTENT TO CONTINUE THE PRACTICE. WHEREAS, the City began paying the employee's share of the retirement through applicable memorandum of understanding (M.O.U.) and /or management benefit resolution adopted by resolution in 1975; and WHEREAS, the City has continued to y provide those payments by subsequent M.O.U.'s/resolutions; and WHEREAS, the City has had the continuous consistent practice of reporting those payments to the Public Employees' Retirement System (PERS) as "compensation;" and WHEREAS, PERS is requesting that agencies adopt documents which include the agency's intent to continue such payments. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. The City of Downey shall continue to honor the provisions of applicable M.O.U.'s and /or management resolution, which authorize the payment of the employee's contribution to PERS and shall continue the practice of reporting those p g payments as "compensation." SECTION 2. The City Clerk shall certify to the adoption of this resolution and provide for the appropriate distribution thereof. APPROVED AND ADOPTED this 12th day of April 1994. / 1 ,.■ AP ire_ _ - Mayor Pro Tem / : a "tiara J Riley ATTEST: (fl , s d %' 7 ,,.. ity Clerk (../ I HEREBY CERTIFY that the foregoing resolution was duly adopted g g y d pted by the City Council of the City of Downey at a regular meeting thereof held on the 12th day of April , 1994, by the following vote, to : y g , wit. AYES: 3 Council Members: McCaughan, Lawrence, Riley NOES: 0 Council Members: None ABSENT: 2 Council Members: Boggs, Brazelton - d , 1 ■ / f ;12 t i '-' 7 .2: 1Ctetet4 . , LO /7 a City Clerk c.1--` •--.