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HomeMy WebLinkAboutRESOLUTIONS - 11011988 - 88-687 x--034 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on November 1,_1988 ,by the following vote: AYES: Supervisors Powers, Fanden, McPeak., Torlakson, Schroder. NOES: None. ABSENT: None. ABSTAIN: None . SUBJECT: EARLY RETIREMENT RESOLUTION NO. 88/ 687 The Board of Supervisors of Contra Costa County RESOLVES THAT: I . ' By Ordinance 76-63 the Board of Supervisors has adopted the provisions of Government code section 31641. 04, permitting early retirement service credit. II . Because of an impending change in the manner of performing certain services in the Social Service Department, and in order to achieve savings in money and other economic benefits for the County, the best interests of Contra Costa County will be served by permitting additional service credit for certain members of the Contra Costa County Employee's Retirement Association (members) as follows: a. The provisions of this resolution are applicable to all members employed in the job classifications of Administrative Services Assistant III and Social Service Program Analyst in the Social Service Department on November 14, 1988 (eligible members ) b. Every eligible member who retires between November 14, 1988 and November 30, 1988, shall receive two additional years of service credit for Contra Costa County service. c. Upon ,demand by the Retirement Association, the County Auditor shall transmit to the Retirement Fund the amount(s) determined by the Retirement Board to be the actuarial equivalent(s) of the difference(s) between the allowance(s) the eligible member(s) receive(s) after getting the additional service credit hereunder and the allowance(s ) he/they would have received without such credit. d. On later re-entry into County employment under circumstance otherwise requiring or permitting membership in the retirement system, any member who has received additional service credit hereunder shall forfeit such additional service credit, and the County's payments hereunder shall be refunded, unless the re-entry is the result of a temporary call-back limited to a maximum of 720 hours of service in any one calendar year. e. Provided, nevertheless, that the provisions of this Resolution are not applicable: 1. To any member otherwise eligible if such member received any unemployment insurance payment within six months prior to November 14, 1988. 2 . To any member if the member is not eligible to retire without additional service credit under this Resolution. -1 hereby certify that this Is a true and correct copy df EVL:da an action taken and entered on the minutes of the Board of Supervisors on the date shown. Orig. Dept: Social Service Department ,ATTESTED: � .-ta"A.&J __ Z ccll Director of Personnel PHIL BATCHELOR, Clerk of the Board Retirement Board of Supervisors and County Administrator County Auditor-Controller /J J County Administrator my (, Deputy County Counsel RESOLUTION NO. 88/687