HomeMy WebLinkAboutMINUTES - 04222014 - D.11RECOMMENDATION(S):
ADOPT Resolution 2014/133 making Government Code section 31870 (Two Percent Cost of Living Adjustment to
Retirement Benefit) applicable to employees represented by Professional & Technical Engineers Local 21, AFL-CIO,
who become New Members of CCCERA on and after July 1, 2014, in the PEPRA Retirement Tier.
FISCAL IMPACT:
Implementation of a change in the Cost of Living Adjustment (COLA) to the pension benefit for employees
represented by the Professional & Technical Engineers Local 21, AFL-CIO, who become New Members of
CCCERA on and after July 1, 2014, in the PEPRA Retirement Tier is intended to result in long term savings for both
the employees and the County.
BACKGROUND:
In the Memorandum of Understanding ratified by the Professional & Technical Engineers Local 21, AFL-CIO and
approved by the Board of Supervisors on April 22, 2014, the parties agreed that both safety and non-safety
employees represented by the Professional & Technical Engineers Local 21, AFL-CIO who become New
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 04/22/2014 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor
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: April 22, 2014
David Twa, County Administrator and Clerk of the Board of Supervisors
By: June McHuen, Deputy
cc: Contra Costa County Employees' Retirement Association, Robert Campbell, Auditor-Controller
D.11
To:Board of Supervisors
From:David Twa, County Administrator
Date:April 22, 2014
Contra
Costa
County
Subject:Implementing Two Percent Cost of Living Adjustment to Retirement Benefit for Local 21
BACKGROUND: (CONT'D)
Members of CCCERA on or after July 1, 2014, in the PEPRA Retirement Tier 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 certain current members of CCCERA. Employees hired on
or after July 1, 2014, in classifications eligible for membership in CCCERA, become members of CCCERA on or
August 1, 2014. (Government Code, § 31552.)
To implement the Memorandum of Understanding with the Professional & Technical Engineers Local 21,
AFL-CIO, it is necessary to adopt the resolution to establish the change to the COLA for future employees in the
PEPRA Tier. (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.
ATTACHMENTS
Resolution No. 2014/133