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HomeMy WebLinkAboutRESOLUTIONS - 01011992 - 1992-110 G 1 THE BOARD OF SUPT VISORS OF CONTRA COSTA CO TNTY, CALIFORNIA Adopted this Order on February 25 , 1992 by the fallowing vote: AYES: Supervisors Powers , Fanden, Schroder, Torlakson, 'McPeak NOES: None ABSENT: None ABSTAIN:' None SUBJECT., Early Retirement RESOLUTION NO. 92/110 The Board of Supervisors of Centra Costa County RESOLVES THAT: I. By ;Ordinance 76-63 the Board of Supervisors has adopted the Previsions 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 Growth Management 'and Economic Development SS Agency, 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 Growth Management and Economic Development Agency in the job' classification of Building Inspection Special Programs Coordinator. b. Every eligible member who retires between March I and March 30, 1992 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 the maximum 'hours of service in any one calendar or fiscal year as 'provided by State laws 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 March 30, 1992. 2. To any member if the member is not eligible to retire without additional service credit under this resolution. cc:: Personnel Departinent l hereby certEfy that ihis is a#us wW corre a tom!►of County Administrator an action taken ard entered tin the mWdt s of the Retirement Board of Supervlaora on ft oil atwwn. Auditor-Controller ATTE$'f'ED: F bruary 25' 1992.... GMEDA PHIL BATCHELOR,Clark of the Bomar! of&rpar s and Courity A*nWWA By' �