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HomeMy WebLinkAboutReso 153-15 PERS Rescind Employee Medical RESOLUTION NO. 153-15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ************************* ELECTING TO RECIND HEALTH BENEFIT VESTING UNDER SECTION 22893 OF THE PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT WHEREAS, the City of Dublin is a contracting agency under Government Code Section 22920 and subject to the Public Employees' Medical and Hospital Care Act (the "Act"); and WHEREAS, the City desires to rescind post-retirement health benefits vesting requirements; and WHEREAS, eligible employees first hired on or after April 1, 2004 will no longer be subject to vesting as established by City Council Resolution 28-04; and WHEREAS, the California Public Employees Retirement System (CaIPERS) requires the City Council of the City of Dublin adopt a form specific Resolution. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby adopt the attached Resolution, in CaIPERS format, and directs the City Manager to file with the CaIPERS Board a verified copy of the adopted Resolution. PASSED, APPROVED AND ADOPTED this 15th day of September, 2015, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Wehrenberg, and Mayor Haubert NOES: None ABSENT: None ABSTAIN: None x64 A ayor ATTEST: C City Clerk Reso No. 153-15,Adopted 9-15-15, Item 4.6 Page 1 of 1 RESOLUTION NO. 153-2015 ELECTING TO RESCIND HEALTH BENEFIT VESTING UNDER SECTION 22893 OF THE PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT WHEREAS, (1) City of Dublin is a contracting agency under Government Code Section 22920 and subject to the Public Employees' Medical and Hospital Care Act(the "Act"); and WHEREAS, (2) City of Dublin is a contracting agency has filed a resolution with the Board of the California Public Employees' Retirement System to provide a postretirement health benefits vesting requirement to employees who retire for service in accordance with Government Code Section 22893;and RESOLVED, (a) City of Dublin elects to rescind postretirement health benefits vesting requirements; and be it further RESOLVED, (b) That employees first hired on or after April 1,2004 will no longer be subject to vesting as established by Resolution No. 28-04;and be it further RESOLVED, (c) City of Dublin has fully complied with any and all applicable provisions of Government Code Section 7507 in electing the benefits set forth above; and be it further RESOLVED, (d) That the participation of the employees and annuitants of City of Dublin shall be subject to determination of its status as an "agency or instrumentality of the state or political subdivision of a State"that is eligible to participate in a governmental plan within the meaning of Section 414(d)of the Internal Revenue Code, upon publication of final Regulations pursuant to such Section. If it is determined that City of Dublin would not qualify as an agency or instrumentality of the state or political subdivision of a State under such final Regulations,the California Public Employees' Retirement System may be obligated,and reserves the right to terminate the health coverage of all participants of the employer; and be it further RESOLVED, (e) That the executive body appoint and direct,and it does hereby appoint and direct, the City Manager to file with the Board a verified copy of this resolution, and to perform on behalf of City of Dublin all functions required of it under the Act. Adopted at a regular meeting of the Dublin City Council at Dubin, California,this 15th day of September, 2015. Signed: l ..fir •" . L-AJ.1 Mayor, City of Dublin Attest: City Clerk,City of Dublin VESTING 22893-RESCIND ALL(REV.5/2015)