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HomeMy WebLinkAbout01-075 AGENDA BILL BREMERTON CITY COUNCIL 1. SUBJECT: FOR AGENDA OF: 03/28/01 ORIGINATING DEPT: Human Resources Request for payment of Employer (City) contributions to the ORIGINATOR: Carol Conle¥ State Dept. of Retirement Systems for Councilman David DATE SUBMITTED: 3/21/01 Farr for prior service credit 1/94 - 12/99, and also for current term of office. 2. CLEARANCES: Comment of back if necessary) 3. EXHIBITS: HEARD AT COHHITTEE 3/21/01 DRSDocuments Fiscal & Budget Committee: HEARD AT COHHITTEE 3/21/01 Operatons Committee: SPECIAL COUNSEL APPROVED BY COUNCIL PRESIIBEI~T FOR SUBMITT-4~L: ENDORSEMENTS ~X INFORMATION__ 4. SUMMARY STATEMENT AND REQUIREMENT FOR COUNCIL ACTION: On May 21, 1997 the City Council determined to exercise its discretion to pay employer contributions and interest on employer contributions for elected officials electing to establish membership in the State Public Employees Retirement System. This Council action was clarified and authorized by the adoption of WAC 415-108-550. The proposed budget adjustment enables the City to meet its responsibility to make the employer payments committed to by the 1997 action. A current Council member has established his membership in the Retirement System, and the City payment will be due to be paid to the State in the near future. 8. RECOMMENDATION: Motion~e amount of $3~q~;,=,,runt Sy§t~m as required by the- State ~dit as Councilman from January 1994 through December 31, 1999~~_n for~anuar~ 1, ~000 to January 31,2001, and that the Ci ' advised that he was ['~r. Fart w!!! b: rcqu=,red to, ray th~ c~,,p',cycc contr=.b::t=.C, ln of cf $I ,772.S2 fcr ;r!cr service from !0CI thr,;u.~h 100~, and . ,a" o,~,q!t!_,:,,,al $! _~2.~3~;. ',,~, ~o[ ;'~, his currc~,t tc:m ~ ~ ~~ ~[~ EXPI~TIONDATE= N/A REVIEW DATE: 2. CLEARANCE COMMENTS: 5. IMPACT ON NON-PASSAGE: Fail-re to approve this motion would result in Mr. Farr's inability to buy back previous and current service credit as an elected official and participate in the State Retirement System. 6. IMPACT ON STAFFING~ BUDGETS~ FACILITIES~ EQUIPMENT OR OTHER RESOURCES: There is available funding in the budget to cover this requested expenditure.