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R -19 -20 A RESOLUTION INCREASING THE VIRGINIA RETIREMENT SYSTEM MULTIPLIER TO 1.85% FOR FULL -TIME SALARIED LAW ENFORCEMENT OFFICERS, FIREFIGHTERS, EMERGENCY MEDICAL TECHNICIANS, SHERIFF'S DEPUTIES, JAIL SUPERINTENDENTS AND JAIL OFFICERS. WHEREAS, the City of Portsmouth desires to increase the Virginia Retirement System multiplier to 1.85% for full -time salaried Law Enforcement Officers, Firefighters, Emergency Medical Technicians, Sheriff's Deputies, Jail Superintendents and Jail Officers, as more particularly described below; NOW THEREFORE BE IT RESOLVED that the City of Portsmouth, Virginia, a political subdivision currently participating in the Virginia Retirement System under Title 51.1, Chapter 1, Article 5 of the Code of Virginia, as amended, acting by and through its City Council does hereby elect to have such affected employees who are employed in positions as full time salaried Law Enforcement Officers, Firefighters, Emergency Medical Technicians, Sheriff s Deputies, Jail Superintendents and Jail Officers, and whose tenure is not restricted as to temporary or provisional appointment, to become eligible, effective July 1, 2019, to be provided benefits in the Virginia Retirement System equivalent to those provided for State police officers of the Department of State Police, as set out in Section 51.1 -138 of the Code of Virginia including the retirement multiplier of 1.85 %, in lieu of the benefits that would otherwise be provided as such code has been or may be amended from time to time, and the City agrees to pay the employer cost for providing such employees such benefits; and BE IT FURTHER RESOLVED that Dr. L. Pettis Patton, City Manager, and Debra Y. White, Clerk, are hereby authorized and directed in the name of the City to execute any required contract in order that the above described employees may become entitled to retirement benefits equivalent to those provided for State police officers of the Department of State Police. In execution of any contract which may be required the seal of the City shall be affixed and attested by the Clerk and, said officers of the City are hereby authorized and directed to do any other thing, or things, incident and necessary in the lawful conclusion of this matter. The Treasurer of the City be and is hereby authorized and directed and pay over to the Treasurer of Virginia from time to time such sums as are to be paid by the City and the employees for this purpose. ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held on June 25, 2019. Teste: City Clerk