HomeMy WebLinkAboutMINUTES - 04091985 - 1.69 TO: BOARD OF SUPERVISORS
(. Phil Batchelor, County Administrator Contra
FROM:
Costa
DATE: March 29 , 1985 Cour
Participa.tionin Public Employer Benefits Council
SUBJECT: -p
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION
Approve Contra Costa County membership in Public Employer Benefits
Council.
FINANCIAL IMPACT
No fees or other costs are involved.
BACKGROUND
On March 5 , 1985 the Board, on request of Supervisor Sunne McPeak,
referred to our office a letter from Dan Demko, Vice President of
Security First Group, transmitting an invitation to the County to join
the Public Employer Benefits Council. This Council has been formed to
assist employers to know and understand the implications of proposals
for restructuring of the Federal Income Tax Code, particularly as it
relates to fringe benefits. The concern is that tax simplification
measures may radically affect pension and retirement savings systems,
including Deferred Compensation, without due attention. The
nationally recognized law firm of O'Melveny and Myers, specialists in
tax law relating to governmental entities, has been retained to advise
the Council and its members on actions pertinent to these concerns.
The Public Employer Benefits Council will serve as a conduit for the
membership to express its views to the Treasury and members of the
House and Senate.
A number of public agencies, including Los Angeles County, Riverside
County, the Regional Transportation District of Southern California,
and several states and cities have already joined the Public Employer
Benefits Council. Similar action on the part of Contra Costa County
will assure that key information regarding upcoming changes in the tax
structure is received on a timely basis.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S)
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A TRUE
AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN
ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD
OF SUPERVISORS ON THE DATE SHOWN.
County Administrator
CC: Director of Personnel ATTESTED
Auditor-Controller PHIL BACHELOR, CLERK OF THE BOARD OF
Retirement Administrator SUPERVISORS AND COUNTY ADMINISTRATOR
V ,
M382/7-83 BY DEPUTY