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HomeMy WebLinkAbout1972-08-24 - Resolution No. 233r RLSOLL'TION No. ~5) WHEREAS, YORBA LINDA COUNTY '4ATFR DI-7RICT , hereinafter designated as "Public Agency", desires to establish a "deemed" retirement system pursuant to Section 218 (d)(6) of the Federal Social Security ~lct composed of positions of members, including members as defined in Section 22015 of the Government Code, of theNORTHWL-rT NATIONAL LM,' INSURANCE CO. , ha.-einaltcr designated (13 !'r? (Retirem(-nt System) Retirement System", desiring coverage, and to include services performed by individuals employed by the Public Agency in positions covered by said "deemed" retirement system, as members of a coverage group established by Section 218(d)(4) of said Act, in the Ctilifornia State Social Security Agreement of March 9, 1951, providing for the coverage of public employees iuidf>r the insurance system established by said Act as amended; and WHEREAS, State and Federal law and regulations require, as a condition of such coverage, that a division be authorized by the Board of Administration, Public Employees' Retirement System; and VIHENEA:J, .It. ] rj nec'os:mr-y thut, ttif• "I'uhl i - f getic•y" n,,u df I(;nrtto nny services which it desires to exclude from coverage with respect to such coverage group under said insurance system; and WHEREAS, it is necessary for the Public Agency to set forth the modifi- cation, if any, of the benefits and contributions under the Present Retirement System that may result from coverage under the said insurance system with respect to such coverage group; NOW, THEREFORE, BE IT RESOLVED, 'neat the Board of Administration, Public Employees' Retirement System, be and hereby is requested to authorize the foregoing division; and BE IT FURTHER RESOLVED, That upon receipt of authorization from the Board of Administration a division shall be conducted in accordance with the Ret. SS 40D Rev. 5 (11168) DIVISION AUTHORIZATION RESOLLJTION requirements of Section 218(d) of the Social :security Act, and applicable State and Federal laws and regulations; that each member of the Present Retirement System at the time of the division shall be furnished a form to permit the member to elect whether or not his services should be excluded from or :included under the said California State Social Security Agreement as herei.nbefore provided; with such coverage effective as to services performed on and after January 1. 1969 and (Date) BE IT FURTHER RI'SOLVIM, That the following services with respect to said coverage group of the Public Agency shall be excluded from coverage under said agreement: 1. All services excluded from coverage under the agreement by Section 218 of the Social Security Act; and 2. Services excluded by option of the Public Agency (Check only one part; fill in part b if it is checked): a. No optional exclusions desired U b. Service performed: Any class or classes of elected legislative positionf7 and BE IT FURTHER RESOLVED, That with respect to the said coverage group the benefits and contributions of the Present Retirement System shall tnot be modified way;cit~#>c~icxx~%csx~Xx>~ in any 3~7L7C1~2~AQG:tx ~7cix~Cx $s~t ~(Jbpc anpc~tD$~pc§c rbcxboc:Aeeo~azdxnonc ~ioc~c x x x. x, x x x r, x :o~x ~dS3K6s! bodVc)odopbe&)mxxxxxxxxxxxxxxxxxxxxxxxxxb&.xxxxxxxx,~c`,~ and BE IT FURTHER RESOLVED, That notice of the division shall be given to members of the Present System not less than ninety days prior to the date of the division; provided, however, that notice shall be given to employees becoming members of the -2- Ret. SS 40D Rev. 5 (13_68) Present Retirement System after the date of such notice up to and including the date of the division on the date on which they attain membership in the system; and that % e, is hereby (Name and Title of Local t)fficial) designated and appointed to conduct such division on beh%11' i' the ublic Aber: in accordance with law, regulations, and th's th- 1'ii i.ng of the date and the giving -)i' } r_T r r.r.tic(2 Pry ser L Retirement System and tr, all such eligible r1mpl,-)yee nd DE IT FURTHER RrSOLVL~, That the Public Agency will pay and reimburse the State at such time and in such amount .s, as may bc-, determined by the Mate the approximate cost of any and a.ll w~-,rk and r l1 itinr t(• such livisii-n. I, Jean E. Mathews , irk/Secretary of the YORBA LINDA COUNTY WATER DISTRICT , State of California, do hereby certify the foregoing to be a full, truce, t.tnd correct. Copy of Resolution No. 233 adopted by the BOARD OF DIRECTORS of the YORBA LINDA COUNTY WATER DISTRICT ut the regulars&6,,E)A-A1 meeting held on the 24 th day of August , 19 72 , as the same appears of record in my office. IN WITNESS WHEREOF, I have hereunto set my hand an(i affixed the Seal of said Yorba Linda County Water District , at my office this 24th day of August 19 72 -T ~'7J C1iiei~-k/ Secretery -3- Ret. SS WD Rev. 5 (11/68)