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HomeMy WebLinkAboutMINUTES - 09181990 - 1.34 1-034 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on September 18, 1990 by the following vote: AYES: SupervisorF Powers , McPeak, Torlakson, Fanden NOES: None ABSENT: Supervisor Schroder ABSTAIN: None RESOLUTION NO. 90/621. --------------------------------------------=-----------=------- ---------------------------------------------------------------- SUBJECT: EARLY RETIREMENT 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. 0`4, permitting early retirement service credit. II . Because of an impending change in the manner of performing certain services in the County Library System, 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 classification of Assistant County Librarian in the Library Department on September 18, 1990 (eligible members) . b. Every eligible member who retires between March 1, 1951 and March 30, 1991 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 circumstances 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 one calendar year. e. Provided, nevertheless, that the provisions of this Resolution are not applicable; 1. To any member otherwise eligibleif such member received any unemployment insurance payment within six. months prior to March 30, 1991 . 2. To any member if the member is not eligible to retire without additional service credit under this Resolution. Orig. Dept: I hereby certify that this Is a true and correct copy of County Administrator an action taken and entered on the minutes of the Director of Personnel Board of Supervi on t.e date shown. Retirement Board ATTESTED: d *12- 19� County Auditor-Controller PHIL BAT ELOR,Clerk of the Board County Counsel of supervisors and County Administrator BY -- ,Deputy RESOLUTION NO. 90/621