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HomeMy WebLinkAboutAdmin Order 43-04-01ADMINISTRATIVE ORDER NO. 43-04-01 of the City Manager City of Eugene, Oregon ESTABLISHING PROCEDURES FOR MAYOR AND CITY COUNCILOR CONTRIBUTIONS TO THE OREGON PUBLIC EMPLOYEES RETIREMENT SYSTEM ("PERS") AND THE OREGON PUBLIC SERVICE RETIREMENT PLAN ("OPSRP"); AND REPEALING ADMINISTRATIVE ORDER NO. 43-01-01. The City Manager of the City of Eugene f'mds that: A. Chapter VI, Section 18 of the Eugene Charter of 2002 (the successor to the same section of the Charter. of 1976 as amended) provides that commencing July 1, 2001 the Mayor is to receive a stipend of $1,500 per month and the City Councilors a stipend of $1,000 per month, with the amounts to be adjusted at the beginning of each fiscal year thereafter, based on the Consumer Price Index for the Portland, Oregon area, or its successor. That section also provides that the Mayor and City Councilors ("elected officials") shall receive no fringe benefits except those required by state law. B. By receiving the stipend, the elected officials in office on July 1, 2001 were eligible under ORS 238.015 to participate in PERS. Effective August 29, 2003, membership in PERS was no longer available to the City's elected officials who had not elected to participate in PERS prior to that date. However, under ORS 238A. 100, the elected officials became eligible to participate in OPSRP on that date; they may also elect not to become a member. Members of PERS or OPSRP, including elected officials, are required to pay a mandatory 6% employee contribution by way of a salary reduction. The contribution is treated as an employer contribution under Section 414(h)(2) of the Internal Revenue Code. C. ORS 238.205 and 238A.335 allow, but do not require, PERS and OPSRP participating employers to assume their employees' contributions. The City has no policy or written agreement to assume the PERS or OPSRP contributions of the elected officials. D. The elected officials do not have the option of receiving the salary payment and paying the PERS or OPSRP employee contribution directly. E. If they choose to participate, the elected officials' reported salary on their W-2 forms for tax purposes will be reduced by the amount of the officials' contribution. F. Because of the changes in the statutes regulating membership in PERS and OPSRP, Administrative Order No. 43-01-01 should be repealed and procedures established as provided herein. Administrative Order - 1 CSDocuments and Settings\cepnmldXdMy Documents~PERS~PERS OPSRP Admin Order 43 04 01.DOC NOW, THEREFORE, The City Manager of the City of Eugene orders and directs that: 1. Administrative Order No. 43-01-01 is hereby repealed as of the effective date of this order. This repeal however, does not affect the validity of any elections authorized or taken thereunder by an elected official, which are hereby ratified and affirmed. 2. Effective January 1, 2005, an elected official may elect not to become a member of the OPSRP pension program by giving the Public Employees Retirement Board written notice of that election not later than 30 days after taking office. Such an election will also operate as an election not to become a member of the individual account program, and is irrevocable during the term of office for which the election is made. Once membership in PERS or OPRSP is established, it cannot be discontinued during the elected officials' term of office except upon separation from service. 3. Elected officials choosing to participate in PERS or OPSRP are required to pay the 6% employee contribution required by PERS and OPSRP. All employee contributions made to PERS or OPSRP shall be made through mandatory salary reduction. These mandatory reductions shall be remitted to PERS, as the Administrator for both PERS and OPSRP, by the City of Eugene and shall be treated as employer contributions under Section 414(h)(2) of the Internal Revenue Code. The elected official's reported salary for federal and state income tax purposes shall be reduced by the amount of the contribution made to PERS or OPSRP by the City of Eugene pursuant to this reduction. Dated and effective this ~l{~day of ~, 2004. Dennis M. Tayl~[ City Manager Administrative Order - 2 C:X~Documents and Settings\cepnmldWly Documents~PERS~PERS OPSRP Admin Order 43 04 01.DOC