TITLE
Recommendation to adopt a Resolution of Intention amending the City of Long Beach’s (City) contract with the California Public Employees Retirement System (CalPERS) to include a mandatory employee contribution of two (2) percent of compensation earnable toward the City's required employer contribution to CalPERS (in addition to the nine (9) percent statutory employee contribution) pursuant to Government Code Section 20516(a), applicable to the Long Beach Lifeguard Association (LGA) Classic Public Safety CalPERS Members; and
DISCUSSION
On October 18, 2022, the City Council approved the 2022-2025 successor Memorandum of Understanding (MOU) with the Long Beach Lifeguard Association (LGA). This new contract includes a provision for Cost Sharing by LGA Classic Public Safety CalPERS Members via payroll deductions pursuant to California Government Code Section 20516(f). Per this provision, LGA Classic Public Safety CalPERS members will contribute two percent (2%) of compensation earnable toward the City's required employer contribution to CalPERS in addition to the nine percent (9%) statutory employee contribution already paid by the employee, which will increase the employee's contribution to a total of eleven percent (11%). The parties agreed to pursue a CalPERS contract amendment, as soon as administratively possible to change the above-described two percent (2%) cost sharing under Government Code section 20516(f), to cost sharing of two percent (2%) of compensation earnable, pursuant to Government Code Section 20516(a).
On September 17, 2022, the City of Long Beach notified CalPERS of its intent to initiate the CalPERS contract amendment process. Upon receipt of further instructions from CalPERS, the City must complete the following steps to finalize the amendment process:
1. Council Adoption of a Resolution of Intention with Exhibit Amendment to Contract (attached).
2. Submission of certified copy of Resolution of Intention to my|CalPERS following City Co...
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