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03-93�����i�AL Presented By Referred To Committee: Date ' 3 9 �, 1 2 3 4 5 6 7 8 WAEREAS, the City contributes to various State pension plans required by State Statute and other pension plans required by bargaining unit contracts, and WHEREAS, the City cannot contribute funds to the Public Employee Retirement Associafion (PERA) for a Ciry employee who is not a United States citizen, and WHEREAS, past Library Directors received a Ciry contribution to PERA, and WHEREAS, to be consistent with the level of contributions for all other non-elected City employees, the Ciry should contribute the Ciry's portion of the PERA pension to another retirement account on behalf of the Library Directory, now therefore be it 9 RESOLVED, that the City's share of contribution that would have been paid to PERA on 10 behalf of the Library Director be paid to the City's Deferred Compensation Plan on a quarterly 11 basis commencing calendar year 2003 and continue for so long as this individual is an 12 employee of the City. Requested by Department of: Technolo and Mana ement Services l By: — Approv Recommended by Financial Services Director: Adopted by Council: Date �,�. 5 a�p3 Adoption Certified by Council 5ecretary � Approved by N��ycfr: Date Council File # 03 -a� Green Sheet # \ V v � ` � RESOLUTION C{TY OF SAINT PAUL, MINNESOTA By: Form Appr ved by Ci By: . AnnmvPr7_b gVOL f07 c� �� � � � .. . . __ _ �� �. � < � 63 -93 izrzorn2 TOTAL # OF SIGNATURE PAGES a GREEN SHEET NO 1 uJ���1 ��.,,� �L ❑�.«� ❑ �.�.��. ❑ a.�.��a �.. ❑ (CLIP ALL LOCATIONS FOR SIGNATUR� Approve authorization to pay an amount equal to the City contribution to PERA for the Library Director to the deferred compensation fund instead of PERA. � PLANNING CAMMISSION CIB CAMMITTEE CML SERVICE COMMISSION Flas Uuc 0� e✓erv.orlmd urMer a aNract farMis depeM�ent4 rES ao Fres ws vN�rm ever eeen a aty empwyee� YES NO ocec mic v�s«Jfirtn v�eaecs a sau nat riorma�ba�esseC Dr anr a,rtent ciry empoyeev YES NO b Mis G�rm e tarpe[etl vemloR YES NO d8618@ VBB 8118NRB GII 82U3t9[E ih2M 8(M 2�f8d110 9f8M Sh2Ef I7IATING PROBLEM ISSl1E, OPPOR7UNITV (Wia, What, Wf�en, Where, Why) The Library Director is not a U.S. citizen and thus cannot be a member of PERA. IVANTAGESIFAPPROVED � � � � The Library Director wili receive a payment to a pension plan co�sistent with the City contribution for all other non-elected City employees , None. av✓vw��r.�ea m rnli �vrrtvv�.• The Library Director will be treated differently than all other non-elected City employees in regards to City contribution to pension programs. ' COST/REVENUE BUO6ETm (CIRCLE ON6) YE3 NQ �,, �, ±w' ; m�owamx (�ap �..,_ ., .�'�. ' �:.:.�-,r� . ,�n�� ;, � 2��3 P, �45_