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HomeMy WebLinkAboutMINUTES - 01101989 - 1.73 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA M Adopted this Order on January 10,. .198,9by the following vote: 1-073 AYES: Supervisors Powers , Fanden, McPeak, Torlakson, Schroder. NOES: None. ABSENT: None. ABSTAIN: None. ------------------------------------------------------------------------- SUBJECT: EARLY RETIREMENT RESOLUTION NO` 89/17 The Board of Supervisors of Contra Costa County RESOLVES THAT: I. 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 in order to achieve savings in money and other economic benefits for the County, the best interests of Contra Costa County will be serviced 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 classification of Supervising Clerk 'in the Social Service Department on January 16, 1989 (eligible members). b. Every eligible member who retires between January 16, 1989 and January 31, 1989 shall receive two additional years of service credit for Contra Costa County 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 circumstance 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: 1. To any member otherwise eligible if such member received any unemployment insurance payment within six months prior to January 16, 1989. 2. To any member if the member is not eligible to retire without additional service credit under this Resolution. EVL:da I hereby cfrt:t ,,hat this is a true and correct copy of Orig. Dept: Social Service Department an acflon r"°ed on the minutes of the Bo.—ci o! �`:' do v!J Lri tie(sat s- Asn. cc: Director of Personnel JAN 10 f9 Retirement Board ATTL-L--:` `TC,• ____..._..,.....,__ County Auditor-Controller "' ' D 3 T C ?:isG raid County Administrator o+ .-w- � %.:,.i rats4nestrator County Counsel By y � , Deputy RESOLUTION NO. 89/17