CITY OF HOMER

HOMER, ALASKA

City Manager

RESOLUTION 06-153

A RESOLUTION OF THE HOMER CITY COUNCIL AUTHORIZING THE CITY OF HOMER PARTICIPATION IN HOUSE BILL 161, A BILL ENACTED TO ALLOW REEMPLOYMENT OF INDIVIDUALS WHO ARE CURRENTLY RECEIVING A RETIREMENT BENEFIT FROM THE PUBLIC EMPLOYEES’ RETIREMENT SYSTEM (PERS) AND ADOPTING THE CITY OF HOMER RETIREE REHIRE POLICY.

WHEREAS, The Alaska State Twenty-Fourth Legislature approved House Bill (HB) 161, an act allowing for the reemployment of individuals who are currently retired from the PERS/TRS systems; and

WHEREAS, The act requires approval from the governing body prior to allowing participation in this program that begins on January 1, 2007, and will sunset on July 1, 2009, unless extended by law; and

WHEREAS, The City of Homer has experienced difficulties in recruiting qualified applicant pools for some of its more technical and professional positions; and

WHEREAS, The City of Homer would benefit from participation in HB161, if other qualified applicants cannot be recruited to fill vacancies; and

WHEREAS, The City of Homer has adopted a policy regarding the rehire provisions and requirements as specified in the legislation.

NOW THEREFORE BE IT RESOLVED that the Homer City Council hereby authorizes and approves participation in HB161 as defined in the legislation and adopts the City of Homer Retiree Rehire Policy; and

BE IT FURTHER RESOLVED that the City Council hereby authorizes the City to provide health care benefits to individuals hired into full-time positions under this program and to pay the established contribution rate as determined by the Division of Retirement and Benefits.

PASSED AND APPROVED by the City Council for the City of Homer on this 20th day of November, 2006.

CITY OF HOMER

JAMES HORNADAY, MAYOR

ATTEST:

______________________________________

MARY L. CALHOUN, CMC, CITY CLERK

Fiscal Note: Estimated annual PERS cost savings of $6,000.

(Based on $45,000 salary at 17.92% PERS rate, 4.62 PERS rehire rate)