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RESOLUTION TO ADOPT THE UPDATED PUBLICLY AVAILABLE CITY-WIDE SALARY SCHEDULE AS REQUIRED BY CALPERS FOR FISCAL YEAR 2024-2025
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RECOMMENDATION
It is recommended that the City Council approve a resolution to adopt the updated version of the publicly available salary schedule effective July 1, 2024, to provide comprehensive information on salary compensation used to determine pension amounts in retirement for all City of Stockton job classifications and make the document available on the City’s website.
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Summary
As a contributing member of the California Public Employees’ Retirement System (CalPERS), the City of Stockton is subject to statutory and regulatory requirements for Public Agencies. The Public Employees’ Retirement Law (PERL), the Public Employees’ Pension Reform Act of 2013 (PEPRA), and the California Code of Regulations (CCR) require that public agencies contracting with CalPERS adopt a publicly available pay schedule to prove the base information for determining pensionable compensation. The previously adopted pay schedule had errors to the City Traffic Engineer, Senior Public Works Supervisor, Fleet Manager, Solid Waste Manager, and the Executive Assistant series. The publicly available pay schedule is required to be duly approved and adopted by the governing body and made available to the public.
DISCUSSION
Background
CalPERS requires that only compensation earned as defined in Government Code Section 20636 and corresponding regulations be reported to CalPERS and considered in calculating retirement benefits. To determine the amount of “compensation earnable”, a member’s pay rate is limited to the amount identified on a publicly available pay schedule, 2 CCR 570.5 requires that a pay schedule must have the following:
• Be duly approved and adopted by the employer’s governing body in accordance with requirement of applicable public meeting laws;
• Identifies the position title for every employee position;
• Shows the pay rate as a single amount or multiple amounts within a range for each identified position;
• Indicates the time base, including but not limited to whether the time base is hourly, daily, bi-weekly, monthly, bi-monthly or annually;
• Be posted at the office of the employer or be immediately accessible and available for public review from the employer during normal business hours or posted on the employer’s website;
• Indicates an effective date and date of any revisions;
• Is retained by the employer and available for public inspection for not less than five years;
• Not reference another document in lieu of disclosing the pay rate.
Present Situation
As Memorandum of Understanding (MOU) agreements are implemented or salary adjustments are made, staff will amend the pay schedule and present to the City Council for adoption.
FINANCIAL SUMMARY
There is no financial impact as a result of adopting this resolution.