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HomeMy WebLinkAbout2003-09 PERS Appeal RESOLUTION NO. 2003 -' A RESOLUTION AUTHORIZING THE CITY TO PARTICIPATE IN PERS APPEAL RECITALS: A. Eight public employers brought suit against the Oregon Public Employee Retirement System in Marion County Circuit Court, claiming they were being overcharged in the calculation of employer contribution rates; and B. 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 C. The Oregon Public Employee Retirement System Board has yet to comply with these instructions and has adopted proposed employer rate increase at its February 2003 regular meeting; and D. The rate increases would be less if the Board had complied with Judge Lipscomb's instructions. THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. The League of Oregon Cities is authorized 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 resolution takes effect upon signing by the Mayor. This resolution was read by title only in/accordance.with ,Ashland Municipal Code §2.04.090 duly. ASSED and A ©PTED this /4/ day of//./~ 2003. Barbara Christensen, City Recorder SIGNED and APPROVED this ~' day of ~1"~~,_~, , 2003. Alan DeBoer, Mayor Paul Nolte, City Attorney G:\IegaI\PAUL\ORD\P\PERS appeal res 03.wpd