Chapter 2.48 — PUBLIC EMPLOYEES' RETIREMENT SYSTEM

The City Council of the City of Mill Valley makes the following findings:

A. The City has heretofore adopted a pension plan providing for retirement and death benefits for employees of the City of Mill Valley. The pension plan is provided for in Chapter 2.44 of the Mill Valley Municipal Code;

B. A substantial number of employees of the City have requested that the City contract with the Public Employees' Retirement System so as to substitute the benefits provided by the Public Employees' Retirement System for the benefits heretofore provided under Chapter 2.44 of the Mill Valley Municipal Code;

C. The City Council is willing to enter into such a contract with the Public Employees' Retirement System provided that persons employed on the contract date who wish to avail themselves of the benefits provided by the Public Employees' Retirement System shall first file a waiver of their rights under the pension plan created by Chapter 2.44 of the Mill Valley Municipal Code. (Ord. 754 § 1, April 12, 1972)

Any and all persons employed by the City on the date of a contract to be entered into between the City of Mill Valley and the Public Employees' Retirement System who desire to avail themselves of the benefits to be provided by the Public Employees' Retirement System shall prior to the contract date, file with the City of Mill Valley a waiver of their rights under the pension plan created by Chapter 2.44 of the Mill Valley Municipal Code. Such waivers shall become effective and shall terminate the rights of the persons signing such waivers under the pension plan created by Chapter 2.44 of the Mill Valley Municipal Code, upon the effective date of the contract between the City and the Public Employees' Retirement System. (Ord. 754 § 2, April 12, 1972)

Persons filing such waiver prior to the expiration of 10 days following the effective date of the ordinance codified herein shall be entitled to participate in the election required by the provisions of California Government Code Section 20457. (Ord. 754 § 3, April 12, 1972)

A contract between the City Council of the City of Mill Valley and the Board of Administration, California Public Employees' Retirement System is authorized, a copy of the contract marked Exhibit "A" on file in the office of the City Clerk, and by such reference made a part hereof as though herein set out in full. (Ord. 763 § 1, June 14, 1972)

The Mayor of the City of Mill Valley is authorized, empowered, and directed to execute the contract for and on behalf of the agency. (Ord. 763 § 2, June 14, 1972)

An amendment to the contract between the City Council of the City of Mill Valley and the Board of Administration, California Public Employees' Retirement System is authorized, a copy of said amendment marked Exhibit "A" on file in the office of the City Clerk, and by such reference made a part hereof as though herein set out in full. (Ord. 942 § 1, 1979; Ord. 946 § 1, August 20, 1979)

The Mayor of the City of Mill Valley is authorized, empowered, and directed to execute said amendment for and on behalf of said agency. (Ord. 942 § 2, 1979; Ord. 946 § 2, August 20, 1979; Ord. 1053 § 2, June 16, 1986)

An amendment to the contract between the City of Mill Valley and the Board of Administration, California Public Employees' Retirement System is authorized, a copy of said amendment marked Exhibit "A" on file in the office of the City Clerk, and by such reference made a part hereof as though herein set out in full. (Ord. 1053 § 1, June 16, 1986)

An amendment to the contract between the City Council of the City of Mill Valley and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being marked Exhibit, and by such reference made a part hereof as though set out in full. (Ord. 1152 § 1, May 19, 1997; Ord. 1167, June 7, 1999; Ord. 1173 § 1, January 16, 2001; Ord. 1178 § 1, May 21, 2001; Ord. 1185 § 1, March 3, 2003; Ord. 1246 § 1, February 22, 2011)