Res 1711 - PERS Rate 2003
COUNCIL BILL NO. 2435
RESOLUTION NO. 1711
A RESOLUTION AUTHqRIZING CITY OF WOODBURN TO PARTICIPATE IN THE LEAGUE
OF OREGON CITIES 2003 PERS RATE CHALLENGE.
WHEREAS, eight public employers brought suit against 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 had 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 instructions; and
WHEREAS, the Oregon Public Employee Retirement System Board is
expected to adopt proposed employer rate increases; and
WHEREAS, the proposed employer rate increases would be less if the
Board had complied with Judge Lipscomb's instructions, NOW THEREFORE,
THE CITY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. The City Council of the City of Woodburn 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.
Approved as to form:
City Attorney
Date
Page 1 - COUNCIL BILL NO. 2435
RESOLUTION NO. 1711
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APPROVE
Passed by the Council
Submitted to the Mayor
Approved by the Mayor
Filed in the Office of the Recorder
ATTEST:
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Mary ~ant City Recorder
City of Woodburn, Oregon
Page 2 - COUNCIL BILL NO. 2435
RESOLUTION NO. 1711
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January 27. 2003
January 28, 2003
January 29, 2003
January 29, 2003
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