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HomeMy WebLinkAboutRESOLUTIONS - 01011992 - 1992-483 'SIE BOARD OF SUPERVISORS OF CONTRA COSTA COUN'T'Y, CALIFORNIA :adopted this Order on July 21 , 1992 by the following vote: AYES: Supervisors Pourers, Fanden, Torlakson, Schroder, McPeak NOES: None ABSENT: None ABSTAIN: None RESOLUTION' No.. 92148`3 SUBJECT' EARLY RETIREMENT The Board of Supervisors of Contra Costa County RESOLVES THAT: I . By Ordinance 76-63 the board of Supervisors had adoptedthe Provisions of Government Code Section 31641.04a., permitting early retirement service credit. 11 . Because of an impending change in the manner of performing certain services in the Centra Costa County flax Collector' 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 Tax-Collector's Office in the job classification of Treasurer-Tax Collector Reconciliation Officer. b. Every eligible member who retires between August 1 and September 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 of fiscal year as provided by State law, e. Provided`, nevertheless, that the provisions a 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 September 30, 1992. 2 To' Any"member if the member is not eligible to retire without additional` service credit under this resolution. 1 hereby certify tart this it a true and correct copy of an action taken and entered on the minutes of th3 SoaP4 of Suoervhsors t3 the data shown. cc: Tax Collector ATTESTED: � .. PHIL S#CKELCOh,Cierk of the Board County Retirement Office SuperWeors and County Administrator County Administrator Personnel Department L _ --- -pl + Deputy RESOLUTION NO. 92/483 .......................................................................................................... ............................................... ............ ........... ....................... 33 TO: BOARD OF SUPERVISORS Contra FROM: Alfred P. Lomeli, Treasurer-Tax Collector Costa County DATE: July 9, 1992 SUBJECT. EARLY RETIREMENT RESOLUTION SPECIFIC REQUEST(S)OR RECOMMENDATION(S)A BACKGROUND AND JUSTIFICATION RECOPHIGMATION: Adopt early retirement resolution permitting the early retirement of specified employee classes within the Tax Collector' s Office. FINANCIAL IMPACT: The estimated annual savings, as a result of the early retirement proposal, is $66,000. BACKGROUND: Early retirement of one staff person is part of the Tax-Collector's plan to meet the County Administrator's requested budget reduction. The early retirement`,proposal will allow the Tax-Collector to avoid layoff of other staff. CONSEQUENCES OF NEGATIVE ACTION: The Tax-Collector' s Office will have to layoff two filled full-time positions to meet the budget reductions. CONTINUED ON ATTACHMENT: —YES SIGNATURE: RECOMMENDATION"OF COUNTY ADMINISTRATOR —RECOMMENDATION OFBOARD COMMITTEE —APPROVE —OTHER SIGNATURESk 19 q 2-.., ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE —4—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. Tax Collector ATTESTED County Retirement Office PHIL BATAELOR,CIIIRK OF THIi BOARD OF County Administrator SUPERVISORS AND COUNTY ADMINISTRATOR Personnel Director BY- M382 (10/88) rn r.mz M- RM