HomeMy WebLinkAboutResolution 07-27 06/18/2007
CITY OF SPRINGFIELD, OREGON
RESOLUTION NO. 2007-27
A RESOLUTION AUTHORIZING A 6% RETIREMENT contribution PICKUP,
FOR cm NON-REPRESENTED EMPLOYEES.
WHEREAS, City non-represented employees received a 2% COLA on 7/1/06 which was
1.5% lower than would otherwise have been recommended; and,
WHEREAS, said 2% COLA was given in anticipation of a 6% retirement contribution
pickup by the City effective July 1, 2007; and
WHEREAS, City non-represented employees will receive no COLA on 7/1/07; and,
WHEREAS, the City of Springfield desires to assume the 6% employee retirement
contribution currently paid by non-union employees to the Public Employees Retirement System
PERS or City Retirement Plan as applicable,
NOW THEREFORE BE IT RESOLVED, by the Common Council of the City of Springfield
that the City authorizes the City Manager to execute City assumption of the 6% employee
retirement contribution to the Public Employees Retirement System PERS or City Retirement
Plan as applicable, currently paid by City non-represented employees effective July 1, 2007.
ADOPTED by the Common Council and approved by the Mayor of the City of Springfield,
Oregon this 18th day of June 2007 adopted by a vote of ~ for and -L against.
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ATTEST:
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, Amy 50\1',,'<:], €ity Recorder
Reviewed and Approved as to Form:
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Office of City Attorney
June 12, 2007