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Council adopts ordinance to codify retirement cost-sharing language for unrepresented CalPERS classic members
Summary
The council unanimously adopted an ordinance to incorporate retirement cost-sharing language for unrepresented CalPERS classic members into the city's contract with CalPERS; staff said the change does not alter current employee or employer contributions.
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The Sacramento City Council adopted an ordinance to amend the city's contract with the California Public Employees' Retirement System (CalPERS) to incorporate retirement cost-sharing language for unrepresented ("unrep") CalPERS classic members.
Samantha Hardy, benefits services division manager in the city's Human Resources Department, told the council the ordinance is the final administrative step required by CalPERS and "does not change the amount of retirement cost sharing already being paid by the unrep classic members and it also does not change the amount of the city's employer contribution to CalPERS."
Hardy said the item was placed on the discussion calendar because CalPERS requires the formal adoption of an ordinance to reflect the agreed-upon cost-sharing language in the city's contract with CalPERS. She emphasized the action is administrative and does not alter current contribution amounts for employees or the city's employer contribution.
Councilmember Guerra moved the item; a motion was made and the meeting record shows the motion passed on a roll call recorded in the transcript as a 9-0 vote. Council discussion was brief, and a public commenter raised general retirement concerns but did not present objections specific to the ordinance.
The ordinance amends the city's contract with CalPERS to include the cited cost-sharing language and is effective upon adoption. Council did not change contribution rates as part of this action.
