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RESOLUTION FOR PAYING & REPORTING THE VALUE OF
EMPLOYER PAID MEMBER CONTRIBUTIONS (EPMC)
WHEREAS, the County of Butte has the authority to implement the provisions of section
414(h)(2) of the Internal Revenue Code (IRC); and
WHEREAS, the Board of Administration of the Public Employees' Retirement System adopted
its resolution regarding section 414(h)(2) IRC on September 18, 1985; and
WHEREAS, the Internal Revenue Service has stated in December 1985, that the
implementation of the provisions of section 414(h)(2) IRC pursuant to the Resolution of the
Board of Administration would satisfy the legal requirements of section 414(h)(2) IRC; and
WHEREAS, the County of Butte has determined that even though the implementation of the
provisions of section 414(h)(2) IRC is not required by law, the tax benefit offered by section
414(h)(2) IRC should be provided to its employees who are members of the Public Employees'
Retirement System:
NOW, THEREFORE, BE IT RESOLVED:
That the County of Butte will implement the provisions of section 414(h)(2) Internal
Revenue Code by making employee contributions pursuant to California Government
Code section 20691 to the Public Employees' Retirement System on behalf of its
employees who are members of the Public Employees' Retirement System. "Employee
contributions" shall mean those contributions to the Public Employees' Retirement
System which are deducted from the salary of employees and are credited to individual
employee's accounts pursuant to California Government Code section 20691.
2. That the contributions made by the County of Butte to the Public Employees' Retirement
System, although designated as employee contributions, are being paid by the County of
Butte in lieu of contributions by the employees who are members of the Public
Employees' Retirement System.
3. That employees shall not have the option of choosing to receive the contributed amounts
directly instead of having them paid by the County of Butte to the Public Employees'
Retirement System.
4. That the County of Butte shall pay to the Public Employees' Retirement System the
contributions designated as employee contributions from the same source of funds as
used in paying salary.
5. That the amount of contributions designated as employee contributions and paid by the
County of Butte to the Public Employees' Retirement System on behalf of an employee
shall be the entire contribution required of the employee by the Public Employees'
Retirement Law (California Government Code sections 20000, et seq•).
6. That the contributions designated as employee contributions made by the County of
Butte to the Public Employees' Retirement System shall be treated for all purposes,
other than taxation, in the same way that member contributions are treated by the Public
Employees' Retirement System.
PASSED AND ADOPTED by the Board of Supervisors, of the County of Butte, State of
California, at a regular meeting of said Board, held on the 4th day of N~V 2008, by
the following vote:
AYES: Supervisors Connelly, Dolan, Kirk, Chair Josiassen and Yamaguchi
NOES: None
ABSENT: None
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NOT VOTING: None. ,''~.
-~' }_
Curt Josiassen, Chair
Butte County Board of Supervisors
ATTEST:
C. Brian Haddix
Chief Admih~ tr ive Officer
and Clerk ~par¢'o~Supervisors
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