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HomeMy WebLinkAboutRESOLUTIONS - 01011992 - 1992-482 THEIBOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA" ' Adapted this Order July 21 , 1.992by the fallowing vote; AYES: Supervisors Powers , Fanden, Torl akson Schroder, M.cPeak NOES; Nome ABSENT: Name ABSTAIN: None RESOLU'T'ION NO. 92/482 SUBJECT; Early Retirement The Board of Supervisors of Contra Costa County RESOLVES THAT; I. ByOrdinance '76-63 the 'Board of Supervisors has adopted the Provisions of Government Cade Section 31641.04, permitting early ` retirement service credit. II,. Because of an impending change in the manner of performing certain services_ in the Contra Costa County Assessor's Office, 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 Contra Costa County Asses'sor's: Office in the job classification of Associate Appraiser'. b. Every eligible member who retires between July 1 and July 310 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 differences) 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 r e-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; 1. To any member otherwise eligible if such member received any employment insurance payment within six months prior to July 31, 1992. 2. To any member if the member is not eligible to 'retire without additional service credit ;under this resolution. I hereby certify that this is a tate and CorMt Copy of an action taken and entered on th minute$ of the Board of Supervtao on the daft shorn. cc:: Assessor AMM*MGt: .._.. OWL BAT Ei.t�Fi, ercf the Soa��� County Retirement Office of i eruiaora and Counly Administrator County Administrator Personnel Director by .' .0souty RESOLUTION NO. 92/482 TO: $ OARD OF SUPERVISORS Contra FROM: John L. Biasotti, Assessor's Office � Costa DATE: s7UnE' 29 1992 County SUBJECT: EARLYRETIREMENTRESOLUTION SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION Adopt early retirement resolution permitting the early retirement of specified employee classes within the Assessor's Office. FINANCIAL IMPACT The estimated annual savings, as a result of the early retirement proposal, is $60,000. BACKGROUND Early retirement of some staff is part of the Assessor's plan to meet the County Administrators requested budget reduction. The early retirement proposal will reduce the number of staff layoffs and allow the Assessor to implement his plan to meet the budget reduction CONSEQUENCES OF NEGATIVE ACTION The Assessor's Office will be unable to attain the budget reductions requested by the county;Administrator without additional layoffs. CONTINUED ON ATTACHMENT: Y£$ SIGNATURE: -RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION Of BOARD COMMITTEE APPROVE OTHER SIGNATURES ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SI IPERVI$ORS I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT" AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES« AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. CC: Assessor ATTESTED County Retirement Office PHIL BATCH OR,CLER OF THE BOARD OF County Administrator SUPERVISORS AND COUNTY ADMINISTRATOR Personnel Director C M382 (10/'88) BY 'DEPUTY