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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLVED, That the employer's contribution for each annuitant <br />shall be increased annually by 5 percent of the monthly <br />contribution for employees or the increase prescribed for retirees <br />by the MOU, whichever is greater, until such time as the <br />contributions for employees and annuitants are equal; And that the <br />contributions for employees and annuitants shall be in addition to <br />those amounts contributed by the Public Agency for administrative <br />fees and to the Contingency Reserve Fund; and be it further <br />RESOLVED, That the executive body appoint and direct, and it <br />does hereby appoint and direct the City Manager, to file with the <br />Board of Administration of the Public Employees' Retirement System <br />a verified copy of this Resolution, and to perform on behalf of <br />said Public Agency all functions required of it under the Act and <br />Regulations of the Board of Administration; and be it further <br />RESOLVED, That coverage under the Act be effective on August <br />1, 1993. <br />PASSED, APPROVED and ADOPTED this 4th day of MAY, 1993. <br />ATTEST: <br />HELEN RAMOS, CMC <br />City Clerk <br />B4:RESOHLTH.WP <br />FRANK A ZALES <br />Mayor <br />