HomeMy WebLinkAbout2012-01-26 - Resolution No. 12-02
RESOLUTION NO. 12-02
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
FOR EMPLOYER PAID MEMBER CONTRIBUTIONS
WHEREAS, the Board of Directors of the Yorba Linda Water District has elected to pay
all or a part of the normal member contributions to the California Public
Employees' Retirement System (CaIPERS) pursuant to Government Code
Section 20691, and applicable labor policies or agreements;
WHEREAS, the Board of Directors of the Yorba. Linda Water District may elect an
Exception to said Employer Paid Member Contributions (EPMC) with a
given group or class of employees as defined in Government Code Section
20636(e)(1) and as specifically authorized in Title 2, California Code of
Regulations Section 569;
WHEREAS, the Board of Directors of the Yorba Linda Water District has identified the
following conditions for the application of said Exception;
• This exception shall apply to all employees of the Yorba Linda Water
District.
• Yorba Linda Water District elects to pay 7% for all current employees.
• For employees hired after January 26, 2012, the Yorba Linda Water
District will pay Employer Paid Member Contributions (EPMC) according
to the following schedule:
January 26, 2012 at 0 %
• The effective date of this Resolution shall be January 26, 2012.
NOW THEREFORE, BE IT RESOLVED that the Board of Directors of the Yorba Linda
Water District elects the Exception as set forth above.
Resolution No. 12-02 Employer Paid Member Contributions 1
PASSED AND ADOPTED this 261h day of January 2012 by the following called vote:
AYES: Directors Beverage, Collett, Kiley, Hawkins and Melton
NOES: None
ABSTAIN: None
ABSENT: None
Phil Hawkins, President
Yorba Linda Water District
ATTEST:
Kenneth R. Vecchiarelli, Secretary
Yorba Linda Water District
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Reviewe as to form by Labor Counsel: ry`"
Richard M. Kreisler
Liebert Cassidy Whitmore
Resolution No. 12-02 Employer Paid Member Contributions 2