To: Board of Supervisors
From: Mendocino County Employees Retirement Association
Meeting Date: October 17, 2023
|
Department Contact: |
Doris Rentschler |
Phone: |
707-463-4328 |
|
Department Contact: |
Judy Zeller |
Phone: |
707-463-4328 |
|
Item Type: Regular Agenda |
|
Time Allocated for Item: 15 Minutes |
Agenda Title:
title
Discussion and Possible Action Including Ratification of Employment Agreement with Doris L. Rentschler for the Position of Executive Director, Mendocino County Employees Retirement Association for the Term of October 17, 2023 through October 17, 2026, Including the Following Salary Increases Based on Employee’s Current Salary of $173,138 (estimation of salary with benefits $294,334): 3% Increase of Current Salary Effective the First Full Pay Period Following Ratification of the Employment Agreement by the Board of Supervisors, a 2.5% Increase of the Then Existing Salary One Year After Ratification, and a 2.5% Increase of the Then Existing Salary Two Years After Ratification
(Sponsor: Mendocino County Employees Retirement Association)
End
Recommended Action/Motion:
recommendation
Ratify the Employment Agreement with Doris L. Rentschler for the position of Executive Director, Mendocino County Employees Retirement Association (MCERA) for the term of October 17, 2023 through October 17, 2026, including the following salary increases based on employee’s current salary of $173,138 (estimation of salary with benefits $294,334): 3% increase of current salary effective the first full pay period following ratification of the employment agreement by the Board of Supervisors, a 2.5% increase of the then existing salary one year after ratification, and a 2.5% increase of the then existing salary two years after ratification; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
The Board of Supervisors has taken prior action on similar employment agreements for the Executive Director appointed by the MCERA Board of Retirement, the last being on May 19, 2020.
Summary of Request:
Pursuant to Government Code Section 31522.2, the Board of Retirement may appoint an administrator, who shall not be subject to civil service or merit system rules but must be a County employee. The administrator shall be directed by, and serve at the pleasure of, and may be dismissed at the will of the Board of Retirement. On August 16, 2023, the Board of Retirement approved a three-year Employment Agreement with Doris L. Rentschler for the position of Executive Director.
Alternative Action/Motion:
Do not approve this item and return to MCERA with alternative direction.
Does This Item Support the General Plan? N/A
Strategic Plan Priority Designation: An Effective County Government
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At: www.mendocinocounty./retirement
Fiscal Details:
|
source of funding: MCERA Trust |
budgeted in current f/y: Yes |
|
current f/y cost: 23/24 estimated FY increase $5,200 |
if no, please describe: |
|
annual recurring cost: Estimated Year 2 $ 4,458, and Year 3 $ 4500 |
revenue agreement: N/A |
|
budget clarification: Per the County Employees Retirement Law Act of 1937 the MCERA Trust is funded by member and employer contributions, and interest earned on investments. For more information MCERA, please refer to the Annual Comprehensive Financial Report (ACFR) or the Popular Annual Financial Report (PAFR) prepared each fiscal year. These reports detail MCERA’s income and expenses, shows the system’s assets and liabilities, and provides an accounting of the system’s reserves. Funding amounts noted above does not include benefits, estimated value of benefits is 70% of annual salary. |
Agreement/Resolution/Ordinance Approved by County Counsel: N/A
|
CEO Liaison: Executive Office |
|
|
|
CEO Review: Yes |
|
|
CEO Comments:
FOR COB USE ONLY
|
Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Withdrawn |
|
Date: October 17, 2023 |
|
|
|
|
|
|
|