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GENERAL MANAGER <br />Tex Ward <br />TO: <br />FROM: <br />SUBJECT: <br />DATE: <br />(9OM0 09MUMNY & Tkmn 1090190919 <br />Board of Directors <br />David G. Jorgensen, Admin <br />Implementation of Govern) <br />Section 20691 Regarding E <br />PERS <br />July 2, 2002 <br />RECOMMENDATION <br />BOARD OF DIRECTORS <br />Mark H. Jacobsen, Chair <br />George M. Lange, Vice Chair <br />Michael D. Berger, Director <br />Susan L. Holt, Director <br />Joe Gibson, Director <br />de Section 20636(c)(4) Pursuant to <br />Paid Member Contributions (EPMC) to <br />It is recommended that the Board of Directors adopt Resolution Number 071102-B for <br />Paying and Reporting the Value of Employee Paid Member Contributions to PERS <br />Retirement. <br />DISCUSSION <br />In the recently adopted Memorandum of Understanding with SEIU, the District agreed to <br />pay the employees' contributions to PERS retirement and that the amount of this EPMC will <br />be reported to PERS as additional value for retirement calculations. <br />am available to answer any questions the Board might have. <br />Pers-r&e7-02 <br />HILLCREST CENTER - 403 WEST HILLCREST DRIVE - THOUSAND OAKS, CALIFORNfA 91360-4223 <br />(805) 495-6471 - FAX: (805) 497-3199 - E-MAIL: parks@crpd.org - www.crpd.org <br />