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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 />III. That the employees shall not have the option of choosing to receive the contributed amounts <br />directly instead of having them paid by the City of Colton to CalPERS. <br />IV. That the City of Colton shall pay to CalPERS the contributions designated as employee <br />contributions from the same source of funds as used in paying salary, thereby resulting in tax <br />deferral of employee contributions. <br />V. That the effective date for commencement of the pre-tax payroll deduction plan cannot be <br />any earlier than the date the completed resolution is received and approved by CalPERS. <br />VI. That the governing body of the City of Colton shall participate in and adhere to requirements <br />and restrictions of the pre-tax payroll deduction plan by reporting pre-tax payroll deductions <br />when authorized by CalPERS for those employees of the above stated employee groups or <br />classifications who have elected to participate in this plan. <br />PASSED, APPROVED and ADOPTED this 17th day of January 2006. <br />DEIRDRE H. BENNETT, Mayor <br />ATTEST: <br />CAROLINA P. BARRERA, City Clerk <br />01/12/06 2 <br />Resp Employer Pickup Resolution CalPERS 10306 <br />