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Letter - CalPERS Amendment - 2011-06-29 . S Employer Services Division ^, k.-\ J I In P O Box 942709 . t,�� Sacramento, CA 94229-2709 Telecommunications Device for the Deaf (916) 795-3240 ('6 , + r A- c-+ Ca1PERS 888 CaIPERS (or 888-225-7377) FAX (916) 795-3005 June 29 2011 Employer Code #1896 Reply to Section 105 Ms. Sherry Kallab Administrative Manager Costa Mesa Sanitary District 628 W 19th Street Costa Mesa, CA 92627 Dear Ms. Kallab Enclosed are two copies of the Resolution of Intention and Exhibit Amendment to Contract to amend the agency's contract to provide Section 20475 (Different Level of Benefits) Section 21353 (2% @ 60 Full formula) and Section 20037 (Three-Year Final Compensation) are applicable to local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract. The indemnification language was added in paragraph 3 of the Amendment to Contract because you have requested a change to existing retirement benefits, provisions or formulas. A non-substantive change has been made in paragraph 8 e. in the enclosed Exhibit copy of the Amendment to Contract. Also enclosed are the following documents 1 Form CON-12, Certification of Governing Body's Action. 2. Form CON-12A, Certification of Compliance with Government Code Section 7507 3 Summary of Major Provisions (2% @ 60 Formula) 4 Form CON-30 Certification of Compliance With Government Code Section 20475 Any change in the employee or employer contribution rates affected by this amendment will become effective after the effective date of the contract amendment. California Public Employees' Retirement System www.calpers.ca.gov • • Costa Mesa Sanitary District 2 June 29 2011 Disclosure of the cost of this Contract Amendment We recommend that the agency disclose the following rates identified in the amendment actuarial valuation for the adoption of this plan amendment: The employer contribution rate will be 8 438% of reportable earnings for local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract. Government Code Section 7507 requires that the future annual costs of the proposed contract be made public at a public meeting at least two weeks prior to the adoption of the final Resolution. The agency is to certify compliance on the enclosed Certification of Compliance with Government Code Section 7507 An agency can only amend its contract to provide a different level of benefits once every three years with respect to each of the member categories. When amending for Section 20475 (Different Level of Benefits) it is the employer's responsibility to ensure compliance with any Memorandum of Understanding in effect at the time of the contract amendment. In summary the following documents must be returned to this office before we can forward the actual contract and other final documents necessary to complete the proposed amendment. DO NOT HOLD THESE DOCUMENTS PENDING ADOPTION OF THE FINAL RESOLUTION. ORIGINAL SIGNATURES ARE REQUIRED 1 Resolution of Intention, original or certified copy 2. Certification of Governing Body's Action (CON-12) original. 3 Certification of Compliance with Government Code Section 7507 (CON-12A) original or certified copy 4 Certification of Compliance with Government Code Section 20475 (CON-30) original or certified copy There must be a 20 day period between the adoption of the Resolution of Intention and the adoption of the final Resolution pursuant to Government Code Section 20471. THERE ARE NO EXCEPTIONS TO THIS LAW • • Costa Mesa Sanitary District 3- June 29 2011 The effective date of this amendment cannot be earlier than the first day of a payroll period following the effective date of the final Resolution Please do not retype the Amendment to Contract and/or agreement documents. Only documents provided by this office will be accepted. If you have a problem with any of the documents, please contact this office prior to presenting to your governing body for adoption. Another contract amendment cannot be started until this amendment is completed or cancelled. If you have any questions regarding this letter or the enclosed material, please call (888) CaIPERS (225-7377) Sincerely Ib\C5Orifec--:9 Danielle Brooks Employer Representative Public Agency Contract Services DB:pm Enclosures cc: Orange Regional Office