HomeMy WebLinkAboutReso 158-14 CalPERS Retiree Med Benefits RESOLUTION NO. 158 - 14
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 (CaIPERS)
OTHER POST EMPLOYMENT BENEFITS (OPEB) TRUST
WHEREAS, the City Council approved the adoption of Resolution 74-07 on May 15, 2007; and
WHEREAS, Resolution 74-07 authorized the City participation in the California Public
Employees Retirement (CaIPERS) Other Post Employment Benefits Trust (OPEB); and
WHEREAS, the City will make 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, CaIPERS has developed a specific form for participating agencies to complete
identifying by position, two classifications which will be authorized to request disbursements from the
OPEB Trust; and
WHEREAS, Resolution 124-07 designated and authorized the incumbents in the positions of
Director of Administrative Services or Finance Manager to request disbursements from the OPEB
Trust on behalf of the City of Dublin.
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
Director of Administrative Services or Assistant Director of Administrative Services shall be
authorized to request disbursements from the OPEB Trust on behalf of the City of Dublin.
BE IT FURTHER RESOLVED that the Mayor 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 CaIPERS.
PASSED, APPROVED AND ADOPTED this 16th day of September, 2014, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None
Mayor
ATTEST:
City Clerk
Reso no. 158-14,Adopted 9-16-14, Item 4.11 Page 1 of 1
DELEGATION OF AUTHORITY
TO REQUEST DISBURSEMENTS
Ca1PERS
RESOLUTION
OF THE
City Council
(GOVERNING BODY)
OF THE
City of Dublin
(NAME OF EMPLOYER)
The City Council delegates to the incumbents
(GOVERNING BODY)
in the positions of Director of Administrative Services and
(TITLE)
Assistant Director of Administrative Services and/or
(TITLE)
authority to request on
(TITLE)
behalf of the 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
OPEB Delegation of Authority(1/13)