HomeMy WebLinkAbout619RESOLUTION NO. b IJ
WHEREAS, the X'IONlCC of KENT, WASHINGTON
City
is a member of Statewide City
Employees Retirement System, and,
WHEREAS, under the provisions of Chapter 98 of the Laws of 1951, provision is made for
exchange of employment between the various public agencies of the state of Washington without
loss of service credits earned by such employees in the various pension or retirement systems,
and,
WHEREAS, it is desireabie that the t•l(J{ of KENT for the benefit
City
of its officers and employees, and for the benefit of the officers and employees who may be em-
l'»*ll ployed by the . of KENT , who formerly were members of the pension Ctty
system of other public agencies of the State of Washington, come within the provision of said
Chapter 98 c..f the Laws of 1951. and,
WHEREAS, in order to comply with said Chapter 98 of the Laws of 1951. it is necessary
that a contract be entered into between the 'l««« of KENT and Statewide
Clty
City Employees Retirement System of the State of Washington in the form attached hereto; now,
therefore:
That the Mayor and City Clerk be authorized to make, execute and deliver on behalf of the = of KENT , the attached agreement between the 6~•xof KENT
and Statewide City Employees Retirement System.
PASSED BY THE COUNCIL OF THE~ OF KENT, WASHINGTON
this 6/,~tA dayof -v · 19.h.!j.
Attest:
AGREEMENT
THIS AGREEMENT made and entered into between STATEWIDE CITY EMPLOYEES
RETIREMENT SYSTEM AND oc.:.:.:,.:~~OF KENT, WASHINGTON , a municipal corporation,
CITY
WITNESSETH:
WHEREAS, the XVv~~ of KENT is a member city of the St:ttewide
, City
City Employees Retirement System, and,
r-ro'-xa< WHEREAS, the said ' of KENT has by proper action authorized
City
the Statewide City Employees Retirement System to enter into an agreement with the
SYSTftM · ·
WASH 1 NGTON PUBL 1 c EMPLOYEES 1 RET l REMiilNT j to comply with the mandate of the 1951
Washington State Legislature that an exchange of employment be permitted between the various
public agencies of the State of Washington without loss of service credits earned by certain em-
ployees in the various pension or retirement systems, containing the provisions herein incorpora-
ted in this agreement,
NOW, THEREFORE, in accordance the.:ewith, the parties hereto agree as follows:
1. To accept into membership in their respective funds or systems employees who have
-:.: ... ~1'1 been, now are and may hereafter become em'lloyees of the of KENT • City
Washington, and employees of such other member cities of the Statewide City Employees Retire-
ment System which shall, by proper action of the legislative authority thereof, authorize the Board
of Trustees of said Statewide System to adopt this agreement in its behalf and who are otherwise
eligible but who hold membership in or are receiving or entitled to receive annuities or pension
benefits under any retirement or pension plan under the direction of the parties to this agreement.
2. Further, in accordance with the ar;thority granted under the provisions "of Chapter 98
of the Laws of 1951, to allow the preservation, accumulation and retention of service credit
established through mem~ship in their respective funds or systems and to permit the recovery
or regaining of credit lost or lapsed solely by reason of previous lack of authority in retirement
systems to enter into a contract to preserve such credit, by a member who, thrQugh the transfer of
his employment, establishes membership in two or J;Dore retirement or pension funds or systems
w:U~ a~ pc.rtica to this atueement, with tho cmden:tar.ding that:
(o) It shall be the resjDn sibility of the ~1:1bcr to apply fOf the preservat1on or
recovery of service credits to the funds or systems in which he claims credit.
(b) No service credit :;;:h;-jl b2 preserved or recovered in any fund or system until
it is officially establish~d that such mem~r b.&3 h::.~, accepted into membership in one of the
retirement or pensKM'I funds or s~~= \;i.;.ic!:l b a partv w lliis ~ot
(c) Such preservation or re>e.:»'i.~~;oi c:;):Vice credit shall be allowed 1n accordance
with the provisions of the laws, rules and reeulations governing each fund or system; Provided,
that no credit shall be given for a period of service within one of the participating funds or sys-
tems for which credit has Qlrea?y been established under the other participating fund or system.
(d) Service credit preserved or recovered under the terms and conditions of
paragraph (c) hereof shall be considered to have lapsed should the member terminate membership
in the other fund or system which is a party to this agreement before becoming eligible for re-
tirement.
3. And, further, to pay benefits to a member based upon the service credit preserved
and/or recovered, in accordance with the provisions of the laws and regulations in effect on the
date the member retires, with the understanding that:
should the total of the retirement benefits payable to a member by the various funds or
systems exceed the maximum p&yment authorized by Stste Law for full service, the prior funds
or systems of which the retired employee w&s a member shall pay the full benefits earned by the
member under the provisions of its or their laws and regulations and the last fund or system shall
pay the difference, if any, between the maximum retirement allowance or pension for full service
in said fund or system and the tQtal retirement benefits due on account of membership in other
participating funds or systems.
DATED this 2 rfli day of ;;?..e.};,,._a -, 19.-kr
STATEWIDE CITY EMPLOYEES RETIREMENT SYSTEM.
a municipal corporation
By~~
MAYOR ~
By~ Ci'iiCLERk
Attest:
(SEAL)
BOARD OF TRUSTEES
EX-OFFICIO MEMBER
CITY OFFICIAL MEMBERS CITY EMPLOYEE MEMBERS
NORMAN J. HOVE ALBERT L. HOYDAR ARTHUR C. IIURTON
KARL HERMANN
STATE INSURANCE
COMMU!ISIONER
OLYMPIA
D. P. VAN BLARICOM ROBERT D. LAIRD DON W, WOOD
COUNCILMAN MAYOR MAYOR CAPTAIN, POLICE DEPT. CEMETERY SUPERVISOR POLICE INSPECTOR
CHENEY ' SEL.AH TOWN OF MERCER ISL.AND BELLEVUE YAKIMA WALLA WALLA
EARLE TINIUS
DON W. WOOD
CHAIRMAN
State of Washington
STATEWIDE CITY EMPLOYEES
RETIREMENT SYSTEM
ROBERT D. LAIRD
,SECRETARY
EXECUTIVE SECRETARY
ROOM 304·747 ST. HELENS AVE. P. 0. BOX 1535 PHONE BR 2-3009 AREA CODE 206
TACOMA, WASH.
Marie Jensen
City Clerk
Kent, Washington
Dear Marie:
TACOMA, WASHINGTON 98401
March 5, 1969
Re:~579··~
' Resolution No. 619
Agreement for Retention
of credit
The Board of Trustees approved the City's Ordinance No. 1579 adopting
Full Compensation Contribution basis effective January 1, 1969.
The Board of Trustees also approved the City's Resolution No. 619
authorizing an agreement for the retention of credit under Chapter 98,
Laws of 1951.
We enclose a copy of the completed agreement for your records.
Sincerely,
STATEWIDE CITY EMPLOYEES RETIREMENT SYSTEM
~ezd~ Execu~Secretary
ET:cg