HomeMy WebLinkAboutCouncil Resolution 1080RESOLUTION ~ ~ ~~
ELECTING APPLICATION FOR ENTRY TO THE OREGON
PUBLIC EMPLOYEES RETIREMENT SYSTEM
STATE ~ LOCAL GOVERNMENT RATE POOL
Whereas the 2001 Oregon Legislative Assembly amended ORS 238.225 to allow
Oregon local government PERS employers to pool their pension costs with the state of
Oregon; and
Whereas the Board of trustees for the Public Employees Retirement System has
adopted Oregon Administrative Rule 459-009-0070, which allows formation of a State &
Local Government Rate Pool: and
Whereas participation in the State & Local Govemment Rate Pool has determined by
this body to be a prudent action;
It is hereby resolved that the City of Central Point, OPERS employer number 2181, has
by majority vote elected to apply for acceptance into the State & Local Government Rate
Pool.
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Passed by the Council and signed by me in authentication of its passage this ~ day of
2005. ~
Mayor Hank Williams
ATTEST:
City Recorder, Deanna rego
Approved by me this `1~`- day of ~°,~,p~, 2005
s~
Mayor Hank Williams