HomeMy WebLinkAboutMINUTES - 07212009 - D.1RECOMMENDATION(S):
ACCEPT that this Board Order serves as written acknowledgment by the County
Administrator (chief executive officer) that he understands the current and future cost of
health benefits, as determined by the County’s actuary in the July 1, 2009 Actuarial Report
(Attached).
FISCAL IMPACT:
While providing sound health care coverage for retirees, these recommended changes to the
health plan will result in significant reductions in the Employer’s long term liabilities and
will significantly add to the County’s, Fire Districts', and In-Home Supportive Services's
overall fiscal stability and ability to deliver services.
BACKGROUND:
At its meeting on July 7, 2009, the Board of Supervisors accepted an actuarial valuation of
future annual costs of negotiated and proposed changes to Other Post Employment Benefits,
as provided by Buck Consultants in a letter dated July 1, 2009. The Board of Supervisors
was informed that recently enacted Government Code, Section 7507 (2008, first effective
1/1/09) requires
APPROVE OTHER
RECOMMENDATION OF CNTY
ADMINISTRATOR
RECOMMENDATION OF BOARD
COMMITTEE
Action of Board On: 07/21/2009 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Gayle B. Uilkema, District II Supervisor
Mary N. Piepho, District III Supervisor
Susan A. Bonilla, District IV Supervisor
Federal D. Glover, District V Supervisor
Contact: Lisa Driscoll, County
Finance Director, 335-1023
I hereby certify that this is a true and correct copy of an action taken and entered on
the minutes of the Board of Supervisors on the date shown.
ATTESTED: July 21, 2009
David J. Twa, County Administrator and Clerk of the Board of
Supervisors
By: Jane Pennington, Deputy
cc:
D. 1
To:Board of Supervisors
From:David Twa, County Administrator
Date:July 21, 2009
Contra
Costa
County
Subject:Government Code 7507 - Chief Executive Acknowledgement of Future Costs of Benefits
BACKGROUND: (CONT'D)
with regard to local legislative boards, that the future costs of changes in retirement
benefits or other post employment benefits as determined by the actuary, shall be made
public at a public meeting at least two weeks prior to the adoption of any changes in
public retirement plan benefits or other post employment benefits. The July 1, 2009
report from Buck Consultants fulfilled that requirement.
Government Code, Section 7507 also requires that if the future costs (or savings) of the
changes exceed one-half of 1 percent of the future annual costs of the existing benefits
for the body, an actuary shall be present to provide information as needed at the public
meeting at which the adoption of a benefit change shall be considered. Our actuary will
be present at the July 21, 2009 Board of Supervisors meeting when these items are
considered.
And finally, Section 7507 requires that upon the adoption of any benefit change to which
the section applies, the person with responsibilities of a chief executive officer in an
entity providing the benefit, however that person is denominated, shall acknowledge in
writing that he or she understands the current and future cost of the benefit as determined
by the actuary.
As the County Administrator (chief executive officer) and by approving this Board
Order, I acknowledge in writing that I understand the current and future cost of the
benefit changes for the County, the Contra Costa County Fire Protection District, the
East Contra Costa Fire Protection District, and the In-Home Supportive Services Public
Authority, presented to you today, as determined by the actuary and contained in the July
1, 2009 letter from Buck Consultants (County's actuary).
CONSEQUENCE OF NEGATIVE ACTION:
CHILDREN'S IMPACT STATEMENT:
ATTACHMENTS
Gov Section 7507 Report