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HomeMy WebLinkAboutRESOLUTIONS - 12051989 - 89-752 1-036 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on December 5 , 1989 1989 by the following vote: AYES: Supervisors Powers , Fanden, Schroder, McPeak, Torlakson . NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 89/752 ---------------------------------------------------------------------- SUBJECT: EARLY RETIREMENT 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 organizational change caused by changes in operational needs in the Public Works 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 job classification of Supervising Real Property Agent in the Public Works Department on December 6, 1989. (eligible members) . b. Every eligible member who retires between December 6 , 1989 and December 31 , 1989 shall receive two additional years of 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 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 November 29, 1989 . 2 . To any member if the member is not eligible to retire without additional service credit under this Resolution. FW•amb i hereby certify that this is a true and correct cagy o! Orig. Dept•• County Administrator an action taken and entered on the minutes of the Director o f Personnel i ioaro of supervisors on the date shown. � Retirement Board E►TTESTED: DF ,5 1989 oard Count Auditor-Controller ! ofSupevismaPHIL d untylerk ofineisMa Y ` 8upmvisara and County Administrator Public Works i County Counsel RESOLUTION NO. 89/752