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4�� Attention was called to the opim on of the City Attorney of June 4, 1976 entitled Supplemental Contribution to Retired Employees Retirement Benefits" wherein he mentioned the varied options provided by law from which the contracting agency may choose in order to increase the retire- ment allowances received by its retirees Mr. Fales advised that his office could ask PERS to determine informa- ' tion Council may wish to have on an actuarial basis, that the information could probably be available by August when the tax rate �s set, and that funds would be expected to come from the retirement fund part of the tax. � Art Eskel�n, retired City employee, spoke in support of the motion, y stating that he would not personally benefit from it. Mr. Eskelin , referred to the letters of June 1 and April 17 with attachments which have been provided to Council. Mr. Eskelin called attent�on to AB 2930 Q which has passed the Assembly and is presently pending before the State Senate which, if adopted, would provide opportunity for ad�ustment of payments to retirees under PERS Mr Eskelin estimated the cost involved under the motion would be about $15,000 , Lengthy discussion continued concerning the probable cost of the action proposed in the motion, the desirability of waiting for passage of a law which permits the kind of increase which benefits those most in need, whether or not it �s reasonable to await passage of a more desirable law when need exists now, the need for much more specific information before a decision can be made, and the delays which are encountered �n obtatning information from PERS. The motion failed'on the following tie roll call vote Ayes• Councilmen Bury, Norris, Rhodes ' `� , Noes Councilmen Barrett, Biagi and Mayor Leipzig ' MOTION Councilman Norris moved, seconded by Councilman Biagi, that prior to adoption of the Annual Budget for 1976-77 that be directed to obtain from the Personnel Department or wherever necessary what the actual retirement salaries are of the present 84 City retirees without reference to particular individuals , ; f The motion carried unanirtausly by voice vote (MINUTE ORDER NO 76-153) � CLARIFICATION Mr. Fales advised that staff would have to attempt to get the information referred to in the motion from PERS and that the City has ° no control over whether or not it will be provided City Controller Ference reminded Council that each ,7urisdiction which contracts for PERS and for which the retiree has worked pays a proportional share of the retirement income, observing that a Redwood City retiree on PERS may have worked more years for other �urisdictions, all of which would be contributing to the retirement income The information the City would obtain would refer to the Redwood City portion Mayor Leipzig determined that it is the consensus of Council that AB 2930 be amended to the end that the most needy retirees may be benefitted most, rather than providing only for across-the-board percentage increases for � rettrees generally, and that Assemblyman Arnett and Senator Gregorio be so advised. Councilman Bury agreed to contact Senator Gregorio. , (Memo 6/7/76) -3- Budget Study 6j5j76 4 � �f �