HomeMy WebLinkAboutReso 90-11 Benefit Plan PERSRESOLUTION NO. 90 - 11
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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AMENDING THE BENEFIT PLAN
WHEREAS, the Personnel System Rules requires the City Council to adopt a Benefit
Plan; and
WHEREAS, the Benefit Plan prescribes the current benefits provided to employees by
the City.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin
hereby amends Resolution 109-91 and subsequent amendments to state the following:
Section 9. Retirement:
Paragraph 1: (Unchanged).
Paragraph 2: Effective July 2, 2011, the City shall contribute zero
(0%) to the California Public Employees' Retirement System
(CaIPERS) on behalf of all covered employees.
Paragraph 3: City employees shall pay 8% of the employees'
contribution rate effective July 2, 2011. The City shall apply the
provisions of Internal Revenue Code (IRC) 414(h) (2) to the eligible
payroll deductions for employee CaIPERS contributions so long as
such provision remains available to the City.
PASSED, APPROVED AND ADOPTED this 21St day of June, 2011, by the following
vote:
AYES: Councilmembers Biddle, Hildenbrand, Swalwell, and Mayor Sbranti
NOES: None
ABSENT: Councilmember Hart
ABSTAIN: None
ATTEST:
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-~V~C`~( City Clerk
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Mayor
Reso No. 90-11, Adopted 6-21-11, Item {II Page 1 of 1