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HomeMy WebLinkAboutRES 85-461 RESOLUTION NO.85-46 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,AUTHORIZING THE REDEMPTION OF PRIOR SERVICE CREDITS WITH THE ARIZONA PUBLIC SAFETY PERSONNEL RETIREMENT SYSTEM FOR THOSE EMPLOYEES WHO MEET THE CRITERIA ESTABLISHED BY §38-853.01 OF THE ARIZONA REVISED STATUTES. WHEREAS,many of the City of Apache Junction's sworn police officers were employed by other law enforcement agencies within the State of Arizona prior to their employment with the City of Apache Junction;and WHEREAS,some of these agencies participated in retirment plans other than the Arizona Publice Safety Personnel Retirement System;and WHEREAS,these employees were compelled to terminate their participation with other retirement systems in order to participate in the Public Safety Personnel Retirement System,there by losing years of service for retirement purposes;and WHEREAS,some of these agencies have since begun participation i n the Public Safety Personnel Retirement System;and WHEREAS,Arizona Revised Statutes,§38-853.01 provides guidelines and criteria for buying back prior service credits in certain,specified circumstances;and WHEREAS,Arizona Revised Statutes,§38-853.01 (C)provides that active members of the system who are employed by the City may only redeem prior service credit for eligible employees i f the City Council authorizes the redemption of prior service credit for eligible employees; NOW,THEREFORE,be i t resolved by the Mayor and City Council of the City of Apache Junction that any active member of the Public Safety Personnel Retirement System meeting the criteria outlined by A.R.S.38-853.01 be authorized to redeem prior service. PASSED AND ADOPTED BY HE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION THIS 15TH DAY OF OCTOBER ,1985. ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: City Attorney NORMAN S.HILL Mayor