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Reso 2015-868 RESOLUTION NO. 2015-868 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE COSTA MESA SANITARY DISTRICT, FOR EMPLOYER PAID MEMBER CONTRIBUTIONS WHEREAS, the governing body of the Costa Mesa Sanitary District has the authority to implement Government Code Section 20691; WHEREAS, the governing body of the Costa Mesa Sanitary District has a written labor policy or agreement which specifically provides for the normal member contributions to be paid by the employer; WHEREAS, one of the steps in the procedures to implement Section 20691 is the adoption by the governing body of the Costa.Mesa Sanitary District of a Resolution to commence said Employer Paid Member Contributions (EMPC): WHEREAS, the governing body of the Costa Mesa Sanitary District has identified the following conditions for the purpose of its election to pay EPMC: • This benefit shall apply to all Classic Second Tier Miscellaneous Member employees hired on and after August 28, 2011. • This benefit shall consist of paying Zero Percent (0%) of the normal member contributions as EPMC. • The effective date of this Resolution shall be August 28, 2011. NOW, THEREFORE, BE IT RESOLVED that the governing body of the Costa Mesa Sanitary District elects to pay EPMC, as set forth above. CZOLJAA g2at Robert Ooten Michael Schea' r Secretary of the Board of Directors President of th- Board of Directors STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss COSTA MESA SANITARY DISTRICT ) I, NOELANI MIDDENWAY, Clerk of the Costa Mesa Sanitary District, hereby certify that the above and foregoing Resolution No. 2015-868 was duly and regularly passed and adopted by the said Board of Directors at a regular meeting thereof held on the 25th day of June 2015 by the following votes: AYES: Scheafer, Perry, Ooten, Schafer, Ferryman NOES: None ABSENT: None ABSTAIN: None IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the Costa Mesa Sanitary District, this 25th day of June 2015. • - Noe •' idci vvay Clerk of the'Costa-Mesa Sanitary District (��SASAfi 1 ` 'IOCI0 y Costa Mesa Sanitary District QQ `qAa// \pORATti� . . .an P Independent Special District P - Memorandum To: Board of Directors From: Scott Carroll, General Manage Via: Wendy H. Davis, Finance Manager „Alija Date: June 25, 2015 Subject: Resolution No. 2015-868 Adopting CaIPERS Plan Amendment Summary On July 28, 2011, the Board amended the District's California Public Retirement System (CaIPERS) retirement agreement formula to 2% @ 60, with retirement benefits based on the average of the thirty six highest consecutive months of salary providing a second tier of benefits for newly hired employees. A second resolution was required to amend the District's Employer Paid Member Contributions (EMPC). CaIPERS is requesting we submit the attached Resolution for compliance purposes. Staff Recommendation That the Board of Directors approves Resolution No. 2015-868 adopting the Employer Paid Member Contribution of 0% for Classic Second Tier Miscellaneous Members effective August 28, 2011. Analysis On July 28, 2011, the Board amended the District's CaIPERS retirement agreement formula to 2% @ 60, with retirement benefits based on the average of the thirty six highest consecutive months of salary providing a second tier of benefits for newly hired employees. A second resolution was required to amend the District's Employer Paid Member Contributions (EMPC). The EMPC resolution will change the employer contribution paid on behalf of the employee from seven percent (7%) to zero percent (0%). District employees hired on or after August 28, 2011 have been picking up their share of the retirement. The adoption of this resolution is just a cleanup item for compliance with CaIPERS rules. A Q2' * * Protecting our community's health and the environment by providing solid waste and sewer collection services. www.crosdca.gov �,,,..., Board of Directors June 25, 2015 Page 2 of 2 Strategic Plan Element & Goal This item supports achieving the objective and strategy of Strategic Element No. 7.0, Finance, which states: "Objective: To ensure the short and long-term fiscal health of the District. Strategy: The District will forecast and plan revenue and expenditures and maintain appropriate reserves and investment to provide financial resources to fund current and planned operations and projects." Legal Review Not applicable. Environmental Review Subject activity is exempt from the requirements of the California Environmental Quality Act (CEQA) (Public Resources Code Section 21000 et. seq.). Section 15300.4 of CEQA allows an agency while establishing its own procedures "to list those specific activities which fall within each of the exempt classes", and the District has adopted "CEQA Guidelines and Implementing Procedures" that state on page 6 "Projects" does not include .... C. Continuing administrative or maintenance activities." Financial Review There is no financial effect since the District has been in compliance with this policy since August 28, 2011. Public Notice Process Copies of this report are on file and will be included with the entire agenda packet for the June 25, 2015 Board of Directors regular meeting at District Headquarters and on District website at www.crosdca.00v Alternative Actions 1. Refer the matter back to staff for additional information. Attachments A: Resolution No. 2015-868