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HomeMy WebLinkAboutRESOLUTIONS - 09261989 - 89-633 LN • - ^.Y r 1-034 Adopted this Order on Se tember 26 19.89by the following vote: !�J AYES: Supervisors Powers, Fanden, McPeak, Torlakson NOES: None ABSENT: - Supervisor Schroder ABSTAIN: None . SUBJECT: EARLY RETIREMENT RESOLUTION N0. 89/633 The Board of Supervisors of contra Costa County RESOLVES THAT: 1. 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 fn 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 September 27, 1989 (eligible members) . b. Every eligible member who retires between September 27, 1989 and October 20, 1989 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 calendar year. e. Provided, nevertheless, that the provisions of this Resolution are not applicable; t 1. To any member otherwise eligible if such member ' received any unemployment insurance payment within six 'months prior to September 20, 1989. 2. To any member if the member is not eligible to retire without additional service credit under this Resolution. EH:CC:km Orig. Dept; Social Service Department I hereby certify that this is a true and correct copy of g p p an action taken and entered on the minutes of the cc: Director of Personnel Board of supervise►tV9 e Retirement Board ATTESTED: Jar County Auditor-Controller PHIL BATCHELOR,Clerk of the Board County Administrator of Supervisors and County Administrator County Counsel DISK 21 CCWP EARL'YRET.RES by �q_ p�.l �owt RESOLUTION NO. 89/633