Title
RESOLUTION for Paying and Reporting the Value of Employer Paid Member Contributions for San Leandro Police Officers Association (SLPOA)
Body
WHEREAS, the City Council of the City of San Leandro has elected to pay all or part of the normal member contributions to the California Public Employees’ Retirement System (CalPERS) pursuant to Section 20691 and applicable labor agreements;
WHEREAS, the City Council of the City of San Leandro has a written labor policy or agreement which specifically provides for the normal member contributions to be paid by the employer, and reported as additional compensation;
WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the City Council of the City of San Leandro of a Resolution to commence paying and reporting the value of said Employer Paid Member Contributions (EPMC);
WHEREAS, the City Council of the City of San Leandro has identified the following conditions for the purpose of its election to pay EPMC:
• This benefit shall apply to all employees of the San Leandro Police Officers Association (SLPOA);
• This benefit shall consist of the City paying a percentage of normal contributions as EPMC, and reporting the same percent (value) of compensation earnable;
• Effective April 1, 2013, City shall pay 6% of the normal member contributions as EPMC;
• Effective January 1, 2014, City shall pay 3% the normal member contributions as EPMC;
• Effective January 1, 2015, City shall pay 0% of the normal member contributions as EPMC.
• The effective date of this Resolution shall be retroactive to April 1, 2013, when the Memorandum of Understanding was ratified.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Leandro elects to pay and report the value of EPMC for San Leandro Police Officers’ Association, as set forth above.