HomeMy WebLinkAboutMINUTES - 07202004 - C.13 -wz. a Contra
TO: BOARD OF SUPERVISORS
FROM: LESLIE KNIGHT, Assistant County � ta�a� ',s�
Costa
Administrator, Dir. Of Human ResourcesCounty
, _y...
DATE: July 20, 2004 eelo
SUBJECT: Exemption of Retirement Chief Investment Officer Classification
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Introduce Ordinance to exempt from the Merit System the newly established classification of
Retirement Chief Investment Officer — Exempt in the Contra Costa County Retirement Department,
waive reading, and fix duly 27, 2004 for adoption.
BACKGROUND:
The Retirement Board approved the establishment of the classification of Retirement Chief
Investment Officer — Exempt at the Board of Retirement meeting on May 26, 2004. The Assistant
Retirement Administrator states that this position will share, with the Retirement Administrator,
responsibility for major departmental functions and will assume many of the duties currently assigned
to the Assistant Retirement Administrator. The Assistant Retirement Administrator is an exempt
position; therefore, the Retirement Chief Investment Officer should also be exempt. County Counsel
has amended the Ordinance as required for exempting this position. This ordinance will now
supercede the previous ordinance exempting positions from the Retirement Department, pending
board approval.
FISCAL IMPACT:
The annual salary of the Retirement Chief Investment Officer is $129,842.64 at the top step. The
majority of funding for this position will come from budget previously allocated to the Assistant
Retirement Administrator position that is being vacated and will not immediately be filled. The
balance of funding will come from an adjusted investment budget.
CONSEQUENCE OF NEGATIVE ACTION:
The Retirement Chief Investment Officer will not be able to perform confidential specialized duties for
the Contra Costa County Retirement Department.
C TTACHMENT: YE$r"/ SIGNATURE'..' ' M r-
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f" RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOAR OMMITTEE
APPRIWE OTHER
SIGNATURE(S): .. y :f `Zp2'
ACTION OF 84A ON �°: c' r APPROVED AS RECOMMENDED
VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT
COPY OF AN ACTION TAKEN AND ENTERED ON MINUTES OF
THE BOARD OF SUPERVISORS ON THE DATE SHOWN.
UNANIMOUS(ABSENT
AYES: NOES:
ABSENT: ABSTAIN:
Contact: Marilyn Leedom,Retirement Dept. $
Cherie Mathisen,HR 5-1774
Cc: Retirement Department ATTESTED
Human Resources J � WEET LERK OF THE BOARD OFSUPERVISORS
BY: .s�'�'``w DEPUTY
ORDINANCE NO. 2004-31
(Excluding Retirement Chief Investment Officer-Exempt from the merit system)
The Contra Costa County Board of Supervisors ordains as follows (omitting the parenthetical
footnotes from the official text of the enacted or amended provisions of the County Ordinance Code):
SECTION 1: Section 33-5.393 of the County Ordinance Code is amended to exclude from the merit
system the additional classification of retirement chief investment officer-exempt,to read:
33-5.311 Retirement administrator.
(a)The retirement administrator is exempt and is appointed by the board of retirement of the
Contra Costa.County Employees Retirement Association.
(b) The assistant retirement administrator-exempt is exempt and is appointed by the retirement
administrator.
(c) The retirement chief investment officer-exempt is exempt and is appointed by the
retirement administrator. (Ords. 2004-31 §1, 2001-18 §1, 88-59 §2,Res. No. 88/349,Gov. C.
§31522.2.)
SECTION II: EFFECTIVE DATE. This ordinance becomes effective 30 days after passage, and
within 15 days of passage shall be published onc77by
es of the supervisors voting for and
against it in the a newspaper published in this County.
PASSED ON he following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST: JOHN ETEN, Clerk of
the Board and unty Administrator
f
By
Deputy Board Chair
[SEAL]
VLD(6/24/04)
H:\Ordinances\Exempt\Ordinances\Retirement Administrator 2004-3 i.wpd
ORDINANCE NO. 2004-31