Loading...
Resolution No. 03-08 CITY OF TIGARD, OREGON RESOLUTION NO. 03- 00 A RESOLUTION TO AUTHORIZE THE LEAGUE OF OREGON CITIES TO COORDINATE THE FILING OF AN APPEAL ON THE CITY'S BEHALF, THROUGH OUTSIDE COUNSEL, FROM THE RATE INCREASE RECEIVED FROM PUBLIC EMPLOYEE RETIREMENT SYSTEM(PERS) WHEREAS, eight public employers brought suit again the Oregon Public Employee Retirement System in Marion County Circuit Court; and WHEREAS, those employers claimed they were being overcharged in the calculation of employer contribution rates; and WHEREAS, Judge Paul Lipscomb has returned the case to the Oregon Public Employee Retirement System Board with instructions to update employee mortality tables, issue new employer rate orders for 1998 and 2000, and make a new earnings allocation order for the 1999 investment year; and WHEREAS, the Oregon Public Employee Retirement System Board has yet to comply with these instnictions; and WHEREAS, the Oregon Public Employee Retirement System Board adopted the proposed employer rate inercases at its February 2003 regular meeting; and WHEREAS, the proposed employer rate increases would be less if the Board had complied with Judge Lipscomb's instructions; NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The City of Tigard authorizes the League of Oregon Cities to coordinate the filing of an appeal on the City's behalf, through outside counsel, from the rate increase received from PERS. SECTION 2: This resoluti o n is effective immediately upon passage. PASSED: This Jf day of—MaACA-, 2003. ATTEST: ayo - ity igard City Recorder- City of Tigard RESOLUTION NO. 03 -O� Page 1