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CC - Adoption of a Resolution Allowing the City to Continue Paying and Reporting the Value of Employer Paid Member Contributions in Accordance with Government Code Section 20636(c)(4) and pursuant to Government Code Section 20691.
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Meeting Date: October 25, 2021
Contact Person/Dept: Serena Wright-Black/Administrative Services
Phone Number: (310) 253-5640
Fiscal Impact: Yes [x] No [] General Fund: Yes [x] No []
Public Hearing: [] Action Item: [x] Attachments: [x]
Commission Action Required: Yes [] No [x]
Public Notification: (E-Mail) Meetings and Agendas - City Council (10/20/2021); (Email) - Culver City Fire Management Group (10/20/2021); Culver City Police Management Group (10/20/2021)
Department Approval: John M. Nachbar, City Manager (10/20/2021)
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RECOMMENDATION
Staff recommends the City Council adopt a resolution allowing the City to continue paying and reporting the value of Employer Paid Member Contributions (EPMC) in accordance with Government Code Section 20636(c)(4) and pursuant to Government Code Section 20691.
BACKGROUND / DISCUSSION
During contract negotiations in 2015, the City and labor representatives from Culver City Fire Management Group (CCFMG) and Culver City Police Management Group (CCPMG) negotiated the terms for successor Memoranda of Understanding (MOU). One aspect of the agreement was for classic members of CCFMG and CCPMG to begin paying 9% of the employer contribution rate to the California Public Employees' Retirement System (CalPERS) as well as up to an additional 5% cost sharing in the event that the City's employer rate exceeded 50%. The agreement also provided for the City to pay and report as compensation the 9% employee contribution rate as provided in California Government Code Section 20636(c)(4) pursuant to Section 20691. This was approved and adopted via resolution by...
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