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HomeMy WebLinkAboutMINUTES - 11132012 - SD.4RECOMMENDATION(S): ADOPT Resolution 2012/480 making Government Code section 31870 (Two Percent Cost of Living Adjustment to Retirement Benefit) applicable to employees represented by either the Contra Costa County Deputy District Attorneys’ Association or the Contra Costa County Defenders’ Association, who become members of CCCERA on and after January 1, 2013. FISCAL IMPACT: Implementation of a change in the Cost of Living Adjustment (COLA) to the pension benefit for employees represented either by the Contra Costa County Deputy District Attorneys Association or by the Contra Costa County Defenders’ Association, who become members of CCCERA on and after January 1, 2013, is intended to result in long term savings for both the employees and the County. BACKGROUND: In the respective Memoranda of Understanding ratified by the Associations and approved by the Board of Supervisors on November 6, 2012, the parties agreed that employees represented by the Associations APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 11/13/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYES 5 NOES ____ ABSENT ____ ABSTAIN ____ RECUSE ____ Contact: Lisa Driscoll, County Finance Director (925) 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: November 13, 2012 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Robert Campbell, Auditor-Controller, Ted Cwiek, Human Resources Director, Sharon Anderson, County Counsel, Marilyn Leedom, Retirement Administrator, Mark Peterson, District Attorney, Robin Lipetzky, Public Defender SD. 4 To:Board of Supervisors From:David Twa, County Administrator Date:November 13, 2012 Contra Costa County Subject:Implementing Two Percent Cost of Living Adjustment to Retirement Benefit for CCC Deputy District Attorneys’ Association and Defenders’ Association BACKGROUND: (CONT'D) who become members of CCCERA on or after January 1, 2013, will have up to a two percent banked COLA to their retirement benefit (Government Code, § 31870), rather than up to a three percent banked COLA (Government Code, § 31870.1) as applicable to current non-safety members of CCCERA. Employees hired on or after December 1, 2012, in classifications eligible for membership in CCCERA, become members of CCCERA on or after January 1, 2013. (Government Code, § 31552.) To implement the respective Memoranda of Understanding with the Associations, it is necessary to adopt the resolution to establish the change to the COLA for future employees. (Government Code, § 31483.) CONSEQUENCE OF NEGATIVE ACTION: Delay in implementation of newly negotiated two percent cost of living adjustment to retirement benefit. CHILDREN'S IMPACT STATEMENT: None.