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HomeMy WebLinkAboutMINUTES - 03151994 - 1.41 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on March 15, 1994 , by the following vote: AYES: Supervisors Smith, Bishop, McPeak, Torlakson and Powers NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 94/163 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 Government Code Section 31641.04, permitting early retirement service credit. II. Because of an impending change in the manner of performing certain services in the Public Works 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 follows: a. The provisions of this resolution are applicable to all members employed in the Public Works Department in the job classification of Supervising Civil Engineer. b. Every eligible member who retires between March 15, 1994 and April 15, 1994 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 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 unemployment insurance payment within six months prior to April 15, 1994 2. To any member if the member is not eligible to retire without additional service credit under this resolution. 1 hereby certify that this is a true and correct copy of an action taken and entered on minutes of the Board of Supervisors on the date shown. Attested: MAR 15 1994 Phil Batchelor,Clerkofth BoardofSupervisors and County Administrator cc: Personnel Department By ,a , Deputy Public Works Department Resolution 94/ 163 1�