Legislation Details

File #: HIST-18806    Version: 1 Subject:
Type: Historical Status: Action Item
In control: City Council Meeting Agenda
On agenda: 2/13/2012 Final action: 2/13/2012
Title: (1) Adoption of a Resolution (a) Providing Additional Service Credit Pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (b) Designating the Window Period as February 14, 2012 to May 14, 2012; and (c) Specifying the Eligible Group of Members; and (2) Authorize the Mayor to Execute the Certification of Compliance with Government Code Section 20903.
Attachments: 1. (1) Adoption of a Resolution (a) Providing Additio - A-3__12-02-13__HR__CITY COUNCIL__2012 Golden Handshake - 2nd - FINAL.pdf, 2. (1) Adoption of a Resolution (a) Providing Additio - 12-02-13_HR_CITY COUNCIL_RETIREMENT INCENTIVE.pdf
City of Culver City, California Agenda Item Report RECOMMENDATION: Staff recommends that the City Council (1) adopt a Resolution (a) providing additional service credit pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (b) designating the Window Period as February 14, 2012 to May 14, 2012; and (c) specifying the Eligible Group of Members; and (2) authorize the Mayor to Execute the Certification of Compliance with Government Code Section 20903. BACKGROUND: At the January 23, 2012 City Council meeting, the City Council considered information in accordance with Government Code Section 7507 regarding the potential costs and savings related to offering eligible employees within certain job classifications two years of additional service credit through the California Public Employees Retirement System (CalPERS). The item was considered as an action item, with an opportunity for members of the public to provide comment. As mentioned at that time, the second step of the process is for the City Council to adopt a resolution which: (1) provides additional service credit pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (2) designates the window period; and (3) specifies the eligible positions. Meeting Date: 2/13/12 Item Number: A-3 CITY COUNCIL AGENDA ITEM: (1) Adoption of a Resolution (a) Providing Additional Service Credit Pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (b) Designating the Window Period as February 14, 2012 to May 14, 2012; and (c) Specifying the Eligible Group of Members; and (2) Authorize the Mayor to Execute the Certification of Compliance with Government Code Section 20903. Contact Person/Dept.: Serena Wright Phone Number: (310) 253-5640 Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No [] Public Hearing: [] Action Item: [X] Attachments: [X] Public Notification: (E-Mail) Meetings and Agendas – City Council (02/09/12), Culver City Management Group (02/09/12), Culver City Employees Association (02/09/12) Department Approval: Serena Wright (02/7/12) City Attorney Approval: Carol Schwab (by H. Baker) (02/08/12) Chief Financial Officer Approval: Jeff Muir (02/08/12) City Manager Approval: John M. Nachbar (02/09/12) City of Culver City, California Agenda Item Report DISCUSSION: In accordance with the Public Employees Retirement Law, two years of additional service credit may be offered to employees who have at least five years of CalPERS service and meet the minimum age requirement for a service retirement. Additionally, an agency must be facing impending mandatory transfers, demotions or layoffs that constitute at least 1 percent (1%) of the job classification, department or organizational unit, as designated by the City. Further, the City must certify that it intends to keep all vacancies created by retirements under this program or at least one vacancy in any position in any department or organizational unit permanently unfilled resulting in an overall reduction in the work force. The City can choose to eliminate the position associated with the early retirement incentive or another position within the department or organizational unit. To provide this early retirement incentive, the City must designate a window period of between 90 and 180 days during which eligible employees must retire to receive the early retirement incentive. Staff has proposed that the designated window period be February 14, 2012 – May 14, 2012. FISCAL ANALYSIS: Staff has identified the following classifications that are eligible to receive the additional service credit benefit: Classification Department Projected Annual Salary Savings (excluding benefits) Deputy City Attorney I City Attorney’s Office $124,993 Legal Operations Manager City Attorney’s Office $98,889 Deputy City Clerk City Clerk’s Office $79,023 Records Management Coordinator City Clerk’s Office $66,046 Executive Assistant to City Manager City Manager’s Office $77,463 Administrative Clerk Community Development $47,829 Administrative Secretary (2) Community Development $116,612 City of Culver City, California Agenda Item Report Classification Department Projected Annual Salary Savings (excluding benefits) Associate Analyst Community Development $70,112 Associate Planner Community Development $83,060 Events Coordinator Community Development $89,506 Housing Assistant (2) Community Development $130,128 Occupancy Specialist Community Development $38,983 Management Analyst Community Development $83,060 Redevelopment Project Manager (2) Community Development $222,904 Structural Rehabilitation Specialist Community Development $76,695 Accountant II Finance $78,239 Accounting Division Manager Finance $107,099 Accounting Technician (2) Finance $117,198 Payroll Technician (2) Finance $129,480 Senior Account Clerk Finance $52,775 Treasury Division Manager Finance $107,099 Human Resources Analyst Human Resources $83,060 Safety Officer Human Resources $77,076 Information Systems Analyst Information Technology $87,305 Senior Computer Programmer Analyst Information Technology $101,385 Telecommunication Analyst Information Technology $81,827 Administrative Secretary (2) Parks, Recreation & Community Services $116,612 Senior and Social Services Specialist Parks, Recreation & Community Services $65,064 Senior Management Analyst Parks, Recreation & Community Services $98,889 Administrative Secretary Police $58,306 Property Technician Police $56,028 Secretary Police $52,251 City of Culver City, California Agenda Item Report Classification Department Projected Annual Salary Savings (excluding benefits) Administrative Clerk/RPT Public Works $43,286 Administrative Secretary (2) Public Works $116,612 Clerk Typist/RPT Public Works $37,271 Permit Technician Public Works $52,251 Sanitation Crew Supervisor (2) Public Works $125,044 Senior Civil Engineer Public Works $119,510 Senior Management Analyst Public Works $98,889 Management Analyst Transportation $83,060 Secretary Transportation $52,251 Senior Management Analyst Transportation $98,889 Total Projected Annual Salary Savings: Up to $3,699,252 Less Projected Annual City Cost to implement the Early Retirement Program: Up to ($168,285) Net Projected Annual Salary Savings: Up to $3,530,967 It is unlikely that all eligible employees within the above listed classifications will retire within the designated window period. However, if 10% were to take advantage of the early retirement incentive, the City could expect to save approximately $369,925 annually in salary, dependent upon the classification and associated salary. This, in turn, would cost approximately $16,828 annually. In order to reduce the impact to the City, CalPERS allows the City to pay the annual cost through an increase in the employer contribution rate, starting two fiscal years after the end of the designated period, which may continue for as long as twenty (20) years. The impact of this change on the City’s employer contribution rate is expected to be minor compared to the overall contributions. Also, such impacts are far less than the annual salary and benefit savings realized from the positions being vacated. It should be noted that benefits represent an additional 35% – 40% of salary in costs City of Culver City, California Agenda Item Report to the City. The net projected annual salary savings noted above does not include the additional ongoing savings realized from a reduction in benefit costs. In addition, the City will experience a one-time cost when the employees cash-out their accrual leave banks upon retirement in accordance with the terms of their respective Memorandum of Understanding. ATTACHMENTS: 1. Proposed Resolution 2. Certification of Compliance with Government Code Section 20903 MOTION: That the City Council: 1. Adopt a Resolution (a) providing additional service credit pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (b) Designating the Window Period as February 14, 2012 to May 14, 2012; and (c) Specifying the Eligible Group of Members; and, 2. Authorize the Mayor to execute the Certification of Compliance with Government Code Section 20903. MEETING DATE: 2/13/12 AGENDA ITEM: (1) Adoption of a Resolution (a) Providing Additional Service Credit Pursuant to Government Code Section 20903 for Local Miscellaneous Members of the California Public Employees Retirement System (CalPERS); (b) Designating the Window Period as February 14, 2012 to May 14, 2012; and (c) Specifying the Eligible Group of Members; and (2) Authorize the Mayor to Execute the Certification of Compliance with Government Code Section 20903. ATTACHMENTS Pages 1. Resolution 1-6 2. Certification of Compliance with Government Code Section 20903 7-8 Department City Attorney's Office City Attorney's Office City Clerk's Office City Clerk's Office City Manager's Office 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2012-R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA TO GRANT ANOTHER DESIGNATED PERIOD FOR TWO YEARS ADDITIONAL SERVICE CREDIT WHEREAS, the City Council of the City of Culver City is a contracting Public Agency of the Public Employees' Retirement System; and WHEREAS, said Public Agency desires to provide another designated period of Two Years Additional Service Credit, Section 20903, based on the contract amendment included in said contract, which provided for Section 20903, Two Years Additional Service Credit, for eligible members; NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Culver City, California, does seek to add another designated period, and does hereby authorize this Resolution, indicating a desire to add a designated period from February 14, 2012 through May 14, 2012 for eligible Miscellaneous members in the following positions: Classification Deputy City Attorney I Legal Operations Manager Deputy City Clerk Records Management Coordinator Executive Assistant to City Manager 1 2 3 5 6 7 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Classification Department Administrative Secretary (2) Associate Analyst Associate Planner Events Coordinator Housing Assistant (2) Occupancy Specialist Management Analyst Redevelopment Project Manager (2) Structural Rehabilitation Specialist Accountant II Accounting Division Manager Accounting Technician (2) Payroll Technician (2) Senior Account Clerk Treasury Division Manager Human Resources Analyst Safety Officer Information Systems Analyst Senior Computer Programmer Analyst Telecommunication Analyst Community Development Community Development Community Development Community Development Community Development Community Development Community Development Community Development Community Development Finance Finance Finance Finance Finance Finance Human Resources Human Resources Information Technology Information Technology Information Technology 2 Department Parks, Recreation & Community Services Parks, Recreation & Community Services Parks, Recreation & Community Services Police Police Police Public Works Public Works Public Works Public Works Public Works Public Works Public Works Transportation Transportation Transportation 3 2 3 4 5 6 7 8 9 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 III III III Classification Administrative Secretary (2) Senior and Social Services Specialist Senior Management Analyst Administrative Secretary Property Technician Secretary • Administrative ClerkJRPT Administrative Secretary (2) Clerk Typist/RPT Permit Technician Sanitation Crew Supervisor (2) Senior Civil Engineer Senior Management Analyst Management Analyst Secretary Senior Management Analyst 28 APPROVED and ADOPTED this day of , 2012. Al 2-00145 4 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ATTEST: MARTIN R. COLE City Clerk MICHEAL O'LEARY, MAYOR City of Culver City, California tittic.. td_ A. SCHWAB 1.t_ ity Attorney mypalPERS 0499 Page 1 of 2 lb 1111 i ii IIII' 111111 II I II II Ii II Of THE City of Culver City RESOLUTION TO GRANT ANOTHER DESIGNATED PERIOD FOR TWO YEARS ADDITIONAL SERVICE CREDIT WHEREAS, the of the City of Culver City is a contracting City or Town of the Public Employees' Retirement System; and WHEREAS, desires to provide another designated period for Two Years Additional Service Credit, 20903, based on the contract amendment included in said contract which provided for 20903, Two Years Additional Service Credit, for Eligible members; NOW, THERE, BE IT RESOLVED, that does seek to add another designated period, and does hereby authorize this Resolution, indicating a desire to add a designated period from February 14, 2012- May 14, 2012 for members in the Miscellaneous Adopted and approved this day of BY 11 QI ii 0000000057553841 ii 11 11 11 II liii 111111 I11 11111110 mylCalPERS 0503 Page 1 of 2 CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 20903 In accordance with Government Code Section 20903 and the contract between the Public Employees' Retirement System, the City of Culver City hereby certifies that: Because of an impending curtailment of, or change in the manner of performing service, the best interests of the agency will be served by granting such additional service credit. 2. The added cost to the retirement fund for all eligible employees who retire during the designated window period will be included in the contracting agency's employer contribution rate for the fiscal year that begins two years after the end of the designated period. 3. It has elected to become subject to Section 20903 because of impending mandatory transfers, demotions, and layoffs that constitute at least 1 percent of the job classification, department or organizational unit, as designated by the governing body, resulting from the curtailment of, or change in the manner of performing, its services. 4. Its intention at the time Section 20903 becomes operative is to keep all vacancies created by retirements under this section or at least one vacancy in any position in any department or other organizational unit permanently unfilled thereby resulting in an overall reduction in the work force of such department or organizational unit. my]CalPERS 0503 Page 2 of 2 1111 110000000067553843 I II THEREFORE, the City of Culver City hereby elects to provide the benefits of Government Code Section 20903 to all eligible members who retire within the designated period, from to Presiding Officer Title Date