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HomeMy WebLinkAboutMINUTES - 10021990 - 1.37 t -- –- --- - 1-037' Adopted this Order on October 2 , 1990 by the following vote: AYES: Sunervis'orc Powers , McPeak, Torlakson, Fanden ` NOES: None. ABSENT: Supervisor Schroder ABSTAIN: None. SUBJECT: EARLY RETIREMENT RFSOLUT.IOT P109 /655 4 The '.Board of Supervisors of contra Costa County RESOLVESTHAT: 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 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 classification of: "Social Service Program Analyst in the Social Service Department on October 3, 1990 (eligible, members) . b. Every eligible member who retires between October 3, 1990 and Octobgr 17, 1990 shall receive two additional years of service credit for Contra Costa County service..; c. Upon demand by the Retirement Association, theCounty Auditor shall transmit to the Retirement Fund the amount(s) determined by the Retirement, Board to be jthe actuarial equivalent(s) of the difference(s) between the allowance(s) the. eligible member(s) receives) after getting the additional service credit hereunder and the allowance(s) he/they would have received without such credit',. i 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; . 1. To any member otherwise eligible if such member received any unemployment insurance payment within six months prior to October 3, 1990. 2 . To any member if the member is not eligible to retire without additional service credit under this Resolution. Orig. Dept: Social Service Department ` cc: Director of Personnel I hereby certify ,nai cnis is a true and correct copy of Retirement Board an action tak^n -and ontored on the minutes of the County Auditor-controller Board of Supervisory. ,n the data shown. County Administrator ATTESTED: ACCT 2 INQ County . Counsel PHIL BATCHELOR,Cierk of the Board of Supervisors and County Administrator . JC:td By ` �/lri�iGt p.� - Deautv-1 Disk 19 jcwp . i res.mem - 90/655