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10B Action 2009 0504
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10B Action 2009 0504
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Last modified
5/1/2009 10:55:29 AM
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5/1/2009 10:55:29 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/4/2009
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_CC Agenda 2009 0504
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0504
Reso 2009-064
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO.2009- <br />RESOLUTION OF INTENT TO PROVIDE TWO YEARS ADDITIONAL SERVICE CREDIT <br />AS AN INCENTIVE TO IDENTIFIED CLASSIFICATIONS TO RETIRE <br />WHEREAS, the City Council of the City of San Leandro is a contracting Public Agency of <br />the California Public Employees' Retirement System (CaIPERS); and <br />WHEREAS, the City desires to provide a designated period for employees within specific <br />classifications to utilize the two years additional service credit benefit provision of the City of San <br />Leandro's contract with Ca1PERS, pursuant to Government Code Section 20903; and <br />WHEREAS, because of an impending curtailment of, or change in the manner of <br />performing services, the best interest of the City will be served by granting such additional <br />service credit; and <br />WHEREAS, the added cost to the retirement fund for eligible employees who retire <br />during the designated window period will be included in the City's contribution rate for the fiscal <br />year that begins two years after the end of the designated period; and <br />WHEREAS, the City has elected to become subject to Section 20903 because of <br />impending mandatory transfers, demotions, and layoffs that constitute at least one percent of the <br />job classification, department or organizational unit, as designated by the City resulting from <br />curtailment of, or change in the manner of performing its services; and <br />WHEREAS, it is the City's intention at the time Section 20903 becomes operative to <br />keep all vacancies created by retirements under this section or at least one vacancy in any <br />position in any department or other organizational unit permanently unfilled thereby resulting in <br />an overall reduction in the work force of such department or organizational unit. <br />NOW, THEREFORE, BE IT RESOLVED, that said City will provide the CaIPERS two <br />year additional service benefit, commonly referred to as the "Golden Handshake," to eligible <br />miscellaneous members that retire pursuant to the program within the designated period from June <br />1, 2009 through October 31, 2009. <br />Introduced by Councilmember and passed and adopted this 4~' <br />day of May, 2009, by the following called vote: <br />
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