Laserfiche WebLink
1 RESOLUTION NO. R-10195 <br />2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />COLTON TO GRANT ONE TO FOUR YEARS ADDITIONAL <br />3 SERVICE CREDIT <br />4 <br />5 WHEREAS, the City of Colton is a contracting public Agency of the Public Employees' <br />6 Retirement System; and <br />7 WHEREAS, California Government Code Section 20821.6 provides that when the governing body <br />of a contracting agency determines that because of an impending curtailment of, or <br />8 change in the manner of performing service, the best interests of the agency would <br />be served by encouraging the retirement of local members, the governing body may <br />9 adopt a resolution to grant eligible employees one to four years additional service <br />10 credit when certain conditions specified in said section exist; and <br />11 WHEREAS, said Section requires the governing body to specify the number of whole years of <br />additional service credit being granted and to determine a period in which eligible <br />12 members, who meet the conditions, must retire to be entitled to receive said credit; <br />and <br />13 <br />14 WHEREAS, said period may begin as early as one day following, and end not more than 120 days <br />15 following, the governing body's adoption of the resolution; and <br />16 WHEREAS, said Section requires the governing body to designate the categories of eligible <br />members and allows for eligibility to be limited to members employed in specific <br />17 Department(s), Program(s) and/or position classifications within said Agency; <br />18 <br />NOW, THEREFORE, BE IT RESOLVED, that the City Council, as governing body of the City of <br />19 Colton has determined that because of an impending curtailment of service, or <br />change in the manner of performing service, the best interests of the Public Agency <br />20 would be served by encouraging the retirement of local members and desires to <br />provide four years additional service credit pursuant to Section 20821.6 for eligible <br />21 local miscellaneous members. <br />22 <br />BE IT FURTHER RESOLVED, that said governing body determines that the period in which <br />23 eligible members, who meet the conditions, must retire to be entitled to the <br />additional credit shall begin on September 20, 1995 and end on December 31, 1995 <br />24 and that to be entitled to the additional credit, eligible members, who meet the <br />conditions, must be employed in any Program, any Department and any position <br />25 classification of the City of Colton on the date of adoption of this Resolution. <br />26 <br />27 <br />28 <br />1 <br />