File #: 19447    Version: 0 Name: Agreement with Cheiron for the furnishing of an acturarial study related to the Jackson County Employees Pension Plan
Type: Resolution Status: Passed
File created: 3/30/2017 In control: County Legislature
On agenda: 4/3/2017 Final action: 4/3/2017
Title: A RESOLUTION authorizing the Chairman of the Legislature to execute an Agreement with Cheiron of McLean, VA, for the furnishing of an actuarial study related to the Jackson County Employees' Pension Plan, at a cost to the County not to exceed $5,000.00.
Sponsors: Dan Tarwater III
Indexes: AGREEMENT, PENSION PLAN
Attachments: 1. 19447bu.pdf, 2. 194447adopt.pdf, 3. 19447-AGMT-CHEIRON
Related files: 19385, 19730, 19658

                     IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION authorizing the Chairman of the Legislature to execute an Agreement with Cheiron of McLean, VA, for the furnishing of an actuarial study related to the Jackson County Employees’ Pension Plan, at a cost to the County not to exceed $5,000.00.

 

Intro

RESOLUTION NO. 19447, April 3, 2017

 

INTRODUCED BY                      Dan Tarwater III, County Legislator

 

 

Body

 WHEREAS, the Fraternal Order of Police, West Central Missouri Regional Lodge 50, the bargaining unit for the certain associates within the Sheriff’s Office, has submitted a request to increase the benefits of members of its bargaining unit under the Jackson County Employees’ Pension Plan; and,

 

WHEREAS, pursuant to section 105.665, RSMo, an actuarial study is required to determine the cost of such an increase before it can be considered for implementation; and,

 

WHEREAS, Cheiron of McLean, VA, was selected by the Pension Plan’s Board of Trustees after competitive solicitation to provide such services to the Board; and,

 

WHEREAS, the Legislative Auditor recommends an agreement with Cheiron to complete the required actuarial study, at a cost to the County not to exceed $5,000.00; and,

 

 

WHEREAS, execution of an agreement for this study is in the best interests of the health, safety, and welfare of the citizens of Jackson County; now therefore,

 

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the Chairman of the Legislature be and hereby is authorized to execute for the County an Agreement with Cheiron, in a form to be approved by the County Counselor; and,

 

BE IT FURTHER RESOLVED that the Director of Finance and Purchasing be and hereby is authorized to make all payments, including final payment on the contract.

 

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

 

___________________________                                          _______________________________

Chief Deputy County Counselor                                                               County Counselor

 

Certificate of Passage

 

I hereby certify that the attached resolution, Resolution No. 19447 of April 3, 2017, was duly passed on April 3, 2017 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

Yeas ________8_________                                          Nays _____0________

 

 

Abstaining ______0_______                                          Absent _____1_______

 

 

 

 

 

______________________                                                               ______________________________

Date                                                                                                                                                   Mary Jo Spino, Clerk of Legislature

 

Fiscal Note

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.

 

ACCOUNT NUMBER:                     001                     0112                     56790

ACCOUNT TITLE:                                          General Fund

Legislature as a Whole

Other Contractual Services

NOT TO EXCEED:                                          $5,000.00

 

 

_______________________                                                               _______________________________

Date                                                                                                                                                   Chief Financial Officer