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<br />~~ <br /> <br />IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION N0.2002 - 54 (109 2 ) <br />RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT <br />TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION <br />OF THE PUBLIC EMPLOYEES' RETIlZEMENT SYSTEM AND THE <br />CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />WHEREAS, the Public Employees' Retirement Law permits the participation of <br />public agencies and their employees in the Public employees' Retirement System by the <br />execution of a contract, and sets forth the procedure by which said agencies may elect to <br />subject themselves and their employees to amendments to said Law; and <br />WHEREAS, one of the steps in the procedures to amend this contract is the <br />adoption by the governing body of the public agency of a resolution giving notice of its <br />intention to approve an amendment to said contract, which resolution shall contain a <br />summary of the change proposed in said contract; and <br />WHEREAS, the following is a statement of the proposed change: <br />To provide Section 21354.4 (2.5% @ SS Supplemental formula) for the City of <br />San Leandro's local miscellaneous members. <br />NOW, THEREFORE, BE IT RESOLVED that the governing body of the above <br />agency does hereby give notice of intention to approve an amendment to the contract <br />between said public agency and the Board of Administration of the Public Employees' <br />Retirement system, a copy of said agreement being attached hereto, as an "Exhibit" and <br />by this reference made a part hereof. <br />G:~.STAFFRPT\Resolution2.5%@SS.doc <br />