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HomeMy WebLinkAboutRESOLUTIONS - 01011998 - 1998-272 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on MAY 19, 1998 , by the following vote:. AYES: SUPERVISORS UILKEMA, GERBER, DESAUINIER, CANCIAMILLA and ROGERS NOES: NONE ABSENT: NONE ABSTAIN: NONE RFSQt tITInN Nr1_ AR/ 272 SUBJECT: Early Retirement The Board of Supervisors of Contra Costa County RESOLVES THAT: 1. By Ordinance 76-73 the Board of Supervisors has adopted the Provisions of Government Code Section 31+641.04, permitting early retirement service credit. If. Because of an impending change in the manner of performing certain services in the Community Development 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 follow: a) The provisions of this resolution are applicable to all members employed in the Community Development Department in the job classification of Principal Planner. b) Every eligible member who retires between June 15,1998 and June 30, 1998, shall receive two additional years of service credit for Contra Costa County service. c) Upon demand by the Retirement Association, the Community Development Department 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 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 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 June 30, 1998. 2. To any member if the member is not eligible to retire without additional credit under this resolution. Orig.: Community Development Department Contact: Anil Comelo (51 d) 335-1229 1 hereby certify that the foregoing is a true and cc: Human Resources Department and correct copy of an action taken and emered on the minutes of the Hoard of Supervisors Resolution X8/272 on the date shown. a A71FS7W. Phil Batchelor,Clerk d of Supervis sand County Administrator unc L.McHuen,Deputy Clerk