HomeMy WebLinkAboutRESOLUTIONS - 01011992 - 1992-160 THE BOARD OF SUl �OFtS OF CONTRA' COSTA t. .;N"TY, CALIFORNIA
March 17 1992
Adopted this Order on by the following vote:
AYES: Supervisors Powers, Fanden Schroder, Torlakson McPeak
NOES: Nene
ABSENT: None
ABSTAIN: None RESOLUTION NO. 92/160
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 GovernmentCode Section 31.841.04, 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 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
Chief of Mechanical Inspection Services.
b. Every eligible member who retires' between'March 11 and
April 10, 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 members) 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 law.
e. Provided, nevertheless, that the provisions of this
resolution are not applicable;
I. To any member otherwise eligible if such member
received any unemployment insurance payment within'
six months prior. to April'' 10, 1992.
2. To any member if the 'member is not eligible to retire
without additional service credit under this
resolution.
I hereby ferttfy thPt this is a trUS and C0176C4 Copy of
CC• via Retirement so
action taken and ante and on ft minutes of the
Boar+of;xu M an the
ATTESTED
# 31L 8A7CHs:[_iiR,Clark of the 8oaro
a of S rA$ors and County Administrator
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Deputy
xrSOLUTI0IV NO 92/160