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Approve and adopt the Listings of Classes and Salaries/Alphabetical by Class Title schedules produced during calendar year 2024 to meet the California Public Employees' Retirement System requirements of California Government Code ? 20636 (b)(1) and California Code of Regulations, Title 2, ? 570.5
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Published Notice Required? Yes ____ No _X _
Public Hearing Required? Yes ____ No _X _
DEPARTMENTAL RECOMMENDATION:
The Department of Human Resources (Department) recommends the Board of Supervisors approve and adopt the Listings of Classes and Salaries/Alphabetical by Class Title schedules produced during calendar year 2024 to meet the California Public Employees' Retirement System (CalPERS) requirements of California Government Code ? 20636 (b)(1) and California Code of Regulations (CCR), Title 2, ? 570.5.
SUMMARY:
Solano County contracts with CalPERS to provide retirement pensions to its retirees which requires the County to adhere to statutory and regulatory requirements pertaining to public agencies. CalPERS requires that only compensation earned as defined in California Government Code ? 20636 can be reported to CalPERS and considered in calculating retirement benefits. In order to determine the amount of compensation earnable, a member's pay rate is limited to the amount identified on a publicly available pay schedule. The Department is seeking the Board's approval of the Listings of Classes and Salaries/Alphabetical by Class Title schedules that were produced during calendar year 2024 (incorporated as Exhibits 1 through 6 for reference).
FINANCIAL IMPACT:
This proposed action does not have any financial impact on the County; the County already makes regular payments to CalPERS to fund retirement benefits for its employees based on Board-allocated positions and approved salary ranges.
The costs associated with preparing the agenda item are nominal and absorbed by the Department's FY2024/25 Working Budget.
DISCUSSION:
Cal...
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