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Resolution 2002-25 <br /> <br /> RESOLUTION OF INTENTION <br /> <br /> TO APPROVE AN AMENDMENT TO CONTRACT <br /> BETWEEN THE <br /> <br /> BOARD OF ADMINISTRATION <br />CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br /> AND THE <br /> <br /> TOWN COUNCIL <br /> TOWN OF TRUCKEE <br /> <br />WHEREAS, the Public Employees' Retirement Law permits the participation of public <br /> agencies and their employees in the Public Employees' Retirement System <br /> by the execution of a contract, and sets forth the procedure by which said <br /> public agencies may elect to subject themselves and their employees to <br /> amendments to said Law; and <br /> <br />WHEREAS, <br /> <br />one of the steps in the procedures to amend this contract is the adoption <br />by the governing body of the public agency of a resolution giving notice of <br />its intention to approve an amendment to said contract, which resolution <br />shall contain a summary of the change proposed in said contract; and <br /> <br />WHEREAS, the following is a statement of the proposed change: <br /> <br />To provide for a local safety category with Section 21362.2 (3% @ <br />50 Full formula); Section 20042 (One-Year Final Compensation); <br />Section 20965 (Credit for Unused Sick Leave); Sections 21624 and <br />21626 (Post-Retirement Survivor Allowance); Section 21024 (Military <br />Service Credit as Public Service) and Section 20903 (Two-Years <br />Additional Service Credit. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency <br /> does hereby give notice of intention to approve an amendment to the <br /> contract between said public agency and the Board of Administration of the <br /> Public Employees' Retirement System, a copy of said amendment being <br /> attached hereto, as an "Exhibit" and by this reference made a part hereof. <br /> <br />Presiding Officer Ronald J. Florian <br /> <br />June 6, 2002 <br /> <br />Date adopted and approved <br /> <br />(Amendment) <br />CON-302 (Rev. 4/96) <br /> <br />Mayor <br /> <br />Title <br /> <br /> <br />