Los Angeles Municipal Code Part 2 Water and Power

Section 1180 Applicability of the Plan. 1182 Definitions. 1184 Retirement from Active Service. 1186 Amendment of Plan and Provision of Health and Welfare Benefits. 1188 Water and Power Employees’ Retirement Fund. 1190 Actuarial Survey.

Sec. 1180. Applicability of the Plan.

(a) Water and Power Department Employees and Beneficiaries. The Water and Power Employees’ Retirement Plan (WPERP) created in Section 1102(b) of this Article shall be binding in its entirety upon all employees of the Water and Power Department and all beneficiaries of the Plan. All benefits under the retirement, disability and death benefit features of the Plan shall be granted only upon the terms and conditions set forth in the Plan.

(b) Intermittent, Occasional and Temporary Employees. Under no circumstances shall persons employed by the Department of Water and Power to render services of an intermittent or occasional character be eligible for the benefits of the Plan. Any employee, who shall have been excluded from participation in the benefits of the Plan on account of his or her temporary employment status, shall be permitted to participate in the benefits upon the terms and conditions provided by the Plan.

Sec. 1182. Definitions.

For the purpose of this Part 2 concerning the Water and Power Employees’ Retirement Plan, the following words and phrases shall have the meaning ascribed to them in this section unless a different meaning is clearly indicated by the context:

(a) Beneficiary: A person entitled to receive a benefit from the Plan.

(b) Member: An employee of the Department of Water and Power who meets the membership requirements of the Plan as further

defined in Plan.

(c) Plan: The Water and Power Employees’ Retirement Plan adopted by the Board of Administration pursuant to Section 1186.

(d) Retired Member: A member who has ceased employment with the Department of Water and Power and is receiving a regular

monthly benefit payment from the Plan.

(e) System: The Water and Power Employees’ Retirement Plan.

Sec. 1184. Retirement from Active Service.

(a) Normal Retirement. The normal retirement date for a Member shall be the first day of the calendar month which next follows the Member’s 60th birthday. A Member shall be retired from the service of the Department of Water and Power on the person’s normal retirement date or on the first day of any calendar month thereafter, upon his or her written application filed with the Board not less than 30 days prior to the date of retirement.

(b) Early Retirement. Any Member may be retired from the service of the Department of Water and Power prior to his or her normal retirement date upon his or her written application if the retirement is recommended by the general manager of the department and approved by the Board of Water and Power Commissioners in accordance with rules and regulations set forth in the Plan.

Sec. 1186. Amendment of Plan and Provision of Health and Welfare Benefits.

The provisions of the Plan may be amended from time to time to provide retirement, disability or death benefits upon the approval of the Board of Water and Power Commissioners and adoption by the Board of Administration. Prior to the adoption of any benefit change, a report from the Plan’s actuary must be presented to both the Board of Administration and the Board of Water and Power Commissioners analyzing the cost impact of the proposed changes upon the Plan.

Sec. 1188. Water and Power Employees’ Retirement Fund.

(a) Creation of Fund. The Water and Power Employees Retirement Fund, the Water and Power Employees Disability Fund, and the

Water and Power Employees Death Benefit Fund are created.

(b) Member Contributions. All contributions of employees and the Department of Water and Power under the Plan shall be paid into the Water and Power Employees Retirement Fund. The board, as authorized in Section 1110, may segregate revenues, contributions, and expenses of the various benefit programs of the Plan including Retirement, Disability, and Death Benefits.

(c) General Obligation. The obligation to pay benefits of WPERP shall be a general obligation of the Department of Water and Power and any of its successors.

Sec. 1190. Actuarial Survey.

The Board of Administration of WPERP shall, at regular intervals not to exceed five years, secure a general survey and actuarial report of the Plan.