RES 2013-024CITY OF SOUTH LAKE TAHOE
RESOLUTION NO. 2013 -24
RESOLUTION AUTHORIZING CITY MANAGER TO SIGN
CERTIFICATION OF MEMORANDUM OF UNDERSTANING
IMPAIRMENT RELATIVE TO CALPERS COST SHARING
WHEREAS, the City of South Lake Tahoe (the "City ") contracts with the
California Public Employees Retirement System (CaIPERS), and
WHEREAS, the City of South Lake Tahoe employees are currently
represented by labor groups and have Memorandum of Understanding contracts that
expire in September 2013 or September 2014; and
WHEREAS, pursuant to the Public Employees Pension Reform Act (PEPRA)
the City must determine if the new formula to calculate the member cost share would
be an impairment to the current Memorandum of Understanding contracts; and
WHEREAS, the City has determined that such impairment exists;
NOW THEREFORE, BE IT RESOLVED, that the City Council hereby
authorizes the City Manager to sign the Certification of Memorandum of
Understanding Impairment on behalf of the City and submit to CalPERS.
PASSED AND ADOPTED by the City Council of the City of South Lake Tahoe
at a meeting on March 19, 2013 by the following vote:
AYES: Councilmembers DAMS, COLE, CONKER, LAINE & SWANSON
NOES: Councilmembers
ABSTAIN: Councilmembers
ABSEN -T-, Councilmembers
lessi, City Clerk
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>m Davis, Mayor