FROM: Amy McInerny, Chief Financial Officer
SUBJECT: SBCERA Resolution No. 2020-7 - Employer Pay Codes of Employee Compensation
RECOMMENDATION:
title
Adopt SBCERA Resolution No. 2020-7 - Employer Pay Codes of Employee Compensation.
body
BACKGROUND:
The SBCERA Board of Retirement (Board) is required by Government Code Sections 31461, 31542, 7522.10, and 7522.34, as well as Board Benefits Policy No. 26, Compensation Earnable and Pensionable Compensation, to determine what items of member compensation are included or excluded in employee compensation upon which appropriate contribution rates should be applied and upon which retirement benefits are calculated. When an employer presents a new pay item/code, SBCERA staff initially determines whether such items will be considered "compensation earnable" or "pensionable compensation", which determination will be effective immediately, subject to ratification by the Board.
On June 4, 2020, the Board reviewed and adopted a pay code resolution. Since the adoption, staff reviewed four additional pay code requests from participating employers and made the following determination.
Employer
Pay Item / Code
Earnable Compensation (Tier I)
Pensionable Compensation (Tier II)
Crestline Sanitation
Sick Leave Cashout
Yes
No
County of San Bernardino
Nurses Extra Shift Incentive
No
No
Superior Court
Voluntary Separation Incentive
No
No
County of San Bernardino
Retro - Telestaff Differential
Yes
Yes
Mojave Desert AQMD
Flexible Benefit Dollars - Excess Cash Paid to Member
Yes*
No
City of Chino Hills
Flexible Benefit Opt-Out - Excess Cash Paid to Member
Yes*
No
City of Chino Hills
Flexible Benefit - Excess Cash Paid to Member
Yes*
No
City of Big Bear Lake
Flexible Benefit - Excess Cash Paid to Member
Yes*
No
City of Big Bear Lake
Flexible Benefit Opt-Out - Excess Cash Paid to Member
Yes*
No
DWP Big Bear Lake
Flexible Benefit - Excess Cash Paid to Member
Yes*
No
DWP Big Bear Lake
Flexible Benefit Opt-Out - Excess Cash P...
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