Loading...
HomeMy WebLinkAbout36 - Authorizing an Amendment to the City's Contract with CaIPERS to Eliminate Section 20516(a) Cost Sharing for Citywide Miscellaneous Tier I Employees - Ordinance PostingCITY OF NEWPORT BEACH PUBLIC NOTICE ORDINANCE SUMMARY NOTICE IS HEREBY GIVEN that on August 26, 2025, the City Council of the City of Newport Beach, California, will introduce an Ordinance entitled: ORDINANCE NO. 2025-21 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Since 2007, Tier I miscellaneous employees have contributed an additional 2.420% of the employer's share of pension costs to the California Public Employees' Retirement System (CaIPERS) under a cost -sharing provision pursuant to Government Code Section 20516(a), in addition to their statutory 8% member contribution. Following recent labor negotiations, the City of Newport Beach has reached, or is in the process of finalizing, agreements with most employee groups to reduce or eliminate this cost -sharing contribution. Employees will, however, remain responsible for their statutory 8% member contribution. CaIPERS has advised that eliminating cost sharing under Section 20516(a) requires a contract amendment. On July 8, 2025, the City Council approved Resolution No. 2025-43 to initiate this amendment process. Subsequently, on July 22, 2025, the Council approved Resolution No. 2025- 48, adopting a resolution of intention to proceed with the proposed contract amendment. As the next step, a proposed ordinance is being presented to the City Council to formally implement these changes. This Ordinance will be introduced by the City Council of the City of Newport Beach, California, at a regular meeting thereof on the 26T" day of August, 2025. Second reading of Ordinance No. 2025-21 will occur at the September 9, 2025, City Council meeting. If adopted on September 9, 2025, the Ordinance shall become final and effective 30 days after adoption. Publication Date: August 16, 2025 s/s Molly Perry, Interim City Clerk dos .Angeles Time's lE DI. G R O U P PROOF OF PUBLICATION (2015.5 C.C.P.) STATE OF CALIFORNIA County of Orange I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or interested in the action for which the attached notice was published. I am a principal clerk of the Newport Harbor News Press Combined With Daily Pilot, which was adjudged a newspaper of general circulation on June 19, 1952, Cases A24831 for the City of Newport Beach, County of Orange, and State of California. Attached to this Affidavit is a true and complete copy as was printed and published on the following date(s): Aug 16, 2025 I certify (or declare) under penalty of perjury that the foregoing is true and correct. Dated at Fountain Valley, California on this 20th day of August, 2025. 6�, C-dd [sig ature] 10540 Talbert Avenue Fountain Valley, CA 92708 8006541 - Newport Harbor News Press Combined With Daily Pilot Page 1 of 2 dos .Angeles Time's lE DI. Sold Tn- G R O U P City of Newport Beach - CA11072031 100 Civic Center Dr Newport Beach,CA 92660-3267 Bill To: City of Newport Beach - CA11072031 100 Civic Center Dr Newport Beach,CA 92660-3267 CITY Or- NEWPORT BEACH PUBLIC NOTICE ORDINANCE SUMMARY NOTICE 15 HEREBY GIVEN that on August 26, 2025, the City Council of the City of Newport Beach, California, will introduce an Oiclinance entftied; ORDINANCE NO.2025-21 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIAr AUTHOR1dING AN AMENOMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Since 2007, Tier I miscellaneous employees have contributed an additional 2420% of the employer's share of pension costs to the California Public Employees' Redrement System {CaIPERS) under a cast -sharing provision pursuant to Government Code Section 20516fal, In addition to their statutory8% member contribution. Following recent labor negotiations, the City of Newport Beach has reached, or is in the process of finalizing, agreements with most employee groups to reduce or eliminate this cast -sharing contribution. Employees will, however, remain responsible for their statutory 8% member contribution. CalPER5 has advised that eliminating cost sftaring under Section 20516(a) requires a contract amendment On July 8, 2025, the City Council approved Resolution No_ 2025-43 to initiate this amendment process. Subsequently, an July 22. 2025, the Council approved Resolution No. 2025- 48, adopting a resolution of intention to proceed with the proposed contract amendment. As the next step, a proposed ordinance Is being presented to the City Council to formally implement these changes. This Ordinance will be introduced by the City Council of the City of Newport Beach, California, at a regular meeting thereof on the 26TH day of Avgust, 2025, Second reading of Ordinance No. 2025-21 will occur at the September 9, 2025, City Council meeting. If adopted on September 9, 2025, the Ordinance shall become final and effective 30 days after adoption. Publication Date -August 16, 2025 6Molly Perry, Interim City Clerk 8006541 - Newport Harbor News Press Combined With Daily Pilot Page 2 of 2 CITY OF NEWPORT BEACH PUBLIC NOTICE ORDINANCE SUMMARY NOTICE IS HEREBY GIVEN that on August 26, 2025, the City Council of the City of Newport Beach, California, introduced an Ordinance entitled: ORDINANCE NO. 2025-21 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM This Ordinance was introduced by the City Council of the City of Newport Beach, California, at a regular meeting thereof on the 26th day of August, 2025, and approved by the following vote: AYES: 7 COUNCILMEMBERS: Barto, Blom, Grant, Kleiman, Stapleton, Weber and Weigand NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None RECUSED: 0 COUNCILMEMBERS: None Second reading of Ordinance No. 2025-21 will occur at the September 9, 2025, City Council meeting. If adopted on September 9, 2025, the Ordinance shall become final and effective 30 days after adoption. Publication Date: August 30, 2025 s/s Molly Perry, Interim City Clerk dos .Angeles Time's lE DI. G R O U P PROOF OF PUBLICATION (2015.5 C.C.P.) STATE OF CALIFORNIA County of Orange I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or interested in the action for which the attached notice was published. I am a principal clerk of the Newport Harbor News Press Combined With Daily Pilot, which was adjudged a newspaper of general circulation on June 19, 1952, Cases A24831 for the City of Newport Beach, County of Orange, and State of California. Attached to this Affidavit is a true and complete copy as was printed and published on the following date(s): Aug 30, 2025 I certify (or declare) under penalty of perjury that the foregoing is true and correct. Dated at Fountain Valley, California on this 8th day of September, 2025. [sig ature] 10540 Talbert Avenue Fountain Valley, CA 92708 8007118 - Newport Harbor News Press Combined With Daily Pilot Page 1 of 2 dos .Angeles ME D I A G Q-1A -r-- R 0 U P City of Newport Beach - CA11072031 100 Civic Center Dr Newport Beach,CA 92660-3267 Bill To: City of Newport Beach - CA11072031 100 Civic Center Dr Newport Beach,CA 92660-3267 CITY OF NEWPORT BEACH PUBLIC NOTICE ORDINANCE SUMMARY NOTICE I5 HEREBY GIVEN that on August 26, 2025, the City Council of the City of Newporr Beach, California, introduced an Ordinance entitled; ORDINANCE NO.2025-21 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIAr AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEE5' RETIREMENT SYSTEM This Ordinance was introduced by the City Council of the City of New part Beach, California, at a regular meeting thereof on the 26th day of August, 2025, and approved by the following vote: AYES: COUNCILMEAMBERS, Banc, Blom, Grant. Kl eirn a n, Stapleton, Weber and Weigand NOES: COUNCILMEMBERS: None A85ENT: COUNCILIMEMIK115_ Norse RECUSED: COUNCILMEMBERS: None Second reading of OTdInance No, 2025.21 will occur at the September 9, 2025, City Council meeting. If adopted on September 9r 2025, the Ordinance shall become final and effective 30 days after adoption. Publication Date: August 30, 2025 s!s Molly Perry, Interim City Clerk 8007118 - Newport Harbor News Press Combined With Daily Pilot Page 2 of 2