Title
Staff Report for the City Council of the City of San Leandro to Adopt an Ordinance that Authorizes an Amendment to the Contract Between the City of San Leandro and the Board of Administration of the California Public Employees' Retirement System (CalPERS)
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council adopt an ordinance that authorizes an amendment to the contract between the City Council and the Board of Administration of the California Public Employees' Retirement System (CalPERS) to provide Section 20516 (2% Employee Cost Sharing) for the Executive Management Group in accordance with the City Manager employment agreement
BACKGROUND AND DISCUSSION
On October 1, 2018, the City Council adopted a resolution that formed a separate Executive Management Group consisting of the City Manager. The City Council also adopted a resolution of intention and first reading of an ordinance to approve an amendment to the contract between the Board of Administration of the California Public Employees' Retirement System (CalPERS) and the San Leandro City Council. These steps are required to implement the 2% cost sharing provision in accordance with the City Manager employment agreement.
The final step in the process is final reading and approval of the ordinance to amend the CalPERS contract.
Fiscal Impacts
There is no fiscal impact with the approval of this ordinance. The fiscal impact of the cost sharing was presented when the City Manager's employment agreement was approved.
Previous Actions
* Resolution 2018-119 to Approve an Agreement between Members of the Executive Management Group and the City of San Leandro to Share the Costs of the Employer Contribution Pursuant to California Government Code Section 20516
* Resolution of Intention 2018-120 to Approve an Amendment to a Contract between the Board of Administration of the California Public Employees' Retirement System and the City Council of the City of San Leandro.
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