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HomeMy WebLinkAboutReso 29-24 Delegating the Positions Authorized to Request Disbursements from the California Public Employees Retirement System California Employers’ Retiree Benefit TrustDocuSign Envelope ID: DCA21F9C-7AB6-4A84-A0B5-496B55E8B87F RESOLUTION NO. 29 — 24 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN DELEGATING THE POSITIONS AUTHORIZED TO REQUEST DISBURSEMENTS FROM THE CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM CALIFORNIA EMPLOYERS' RETIREE BENEFIT TRUST WHEREAS, the City Council approved the adoption of Resolution 74-07 on May 15, 2007; and WHEREAS, Resolution 74-07 authorized the City's participation in the California Public Employees Retirement System California Employers' Retiree Benefit Trust (Trust); and WHEREAS, the City has made contributions to the Trust for the purpose of funding retiree medical benefits; and WHEREAS, periodically the City will need to request disbursements from the Trust to reimburse the City for eligible expenditures for retiree medical benefits; and WHEREAS, CalPERS has developed a specific form for participating agencies to complete identifying by position, classifications which will be authorized to request disbursements from the Trust; and WHEREAS, Resolution 158-14 designated and authorized the incumbents in the positions of Director of Administrative Services or Assistant Director of Administrative Services to request disbursements from the Trust on behalf of the City of Dublin; and WHEREAS, the City Council approved changes to the Personnel System in June and September of 2023, changing the Director of Administrative Service to Director of Finance and Assistant Director of Administrative Services to the Accounting Manager, respectively, hence requiring a change in the authorized positions for the Trust. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin hereby updates the City's delegation of authority by designating that the incumbents in the positions of Finance Director or Accounting Manager shall be authorized to request disbursements from the Trust on behalf of the City of Dublin. BE IT FURTHER RESOLVED that the City Manager is authorized to execute and file the form (Attached hereto as Exhibit A) with California Public Employees Retirement System, in order to record this action in a format acceptable to CalPERS. {Signatures on following page} Reso. No. 29-24, Item 5.3, Adopted 05/07/2024 Page 1 of 2 DocuSign Envelope ID: DCA21 F9C-7AB6-4A84-A0B5-496B55E8B87F PASSED, APPROVED AND ADOPTED this 7th day of May 2024, by the following vote: AYES: Councilmembers Hu, Josey, McCorriston, Qaadri and Mayor Hernandez NOES: ABSENT: ABSTAIN: rDocuSigned by: Mayor /H40H 401... ATTEST: DocuSigned by: M °WAAL V1426--- tidy CIlerkr4UH.. Reso. No. 29-24, Item 5.3, Adopted 05/07/2024 Page 2 of 2 DocuSign Envelope ID: DCA21 F9C-7AB6-4A84-A0B5-496B55E8B87F Exhibit A to the Resolution Ca1PERS State of California California Public Employees' Retirement System California Employers' Retiree Benefit Trust (CERBT) 400 Q Street, Sacramento, CA 95811 www.calpers.ca.gov Delegation of Authority to Request Disbursements California Employers' Retiree Benefit Trust (CERBT) RESOLUTION OF THE City Council (GOVERNING BODY) OF THE City of Dublin (NAME OF EMPLOYER) The City Council (GOVERNING BODY) in the positions of Finance Director (TITLE) Accounting Manager (TITLE) delegates to the incumbents and , and/or authority to request on behalf of the (TITLE) Employer disbursements from the Other Post Employment Prefunding Plan and to certify as to the purpose for which the disbursed funds will be used. By Title Witness Date CERBT-02 (Revised 8/2023) Page 1 of 1