City of Alexandria, Virginia
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MEMORANDUM
DATE: APRIL 19, 2017
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
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Consideration of a Resolution to Assume a Pro-Rata Share of the Peumansend Creek Regional Jail (PCRJ) Authority's Virginia Retirement System Plan Assets and Liabilities. [ROLL-CALL VOTE]
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ISSUE: Resolution to Assume a Pro-rata share of the Peumansend Creek Regional Jail (PCRJ) Authority's Virginia Retirement System Plan Assets and Liabilities
RECOMMENDATION: That City Council pass the resolution to assume a pro-rata share of the Peumansend Creek Regional Jail (PCRJ) Authority's Plan Assets and Liabilities as of June 30, 2017, as one of several multiple successor employers, contingent upon concurrence of assumption of the PCRJ Authorities Plan Assets and Liabilities by the City of Richmond, Caroline County, Prince William County and Loudoun County.
BACKGROUND: In 1996, Prince William County, the City of Richmond, Loudoun County, the City of Alexandria, Arlington County and Caroline County formed the Peumansend Creek Regional Jail Authority, which provided additional jail space for the member jurisdictions to ease projected jail overcrowding. The Authority has been comprised of the City or County Managers of each jurisdiction or their designees and a Superintendent is employed to manage the day-to-day operation of the facility.
In October 2014, because PCRJ jail beds were not needed by the City, City Council adopted a resolution to withdraw membership from the Authority. Each of the member jurisdictions have adopted similar resolutions and the facility is set to close at the end of June 2017. Employees of the Authority are members of the Virginia Retirement System (VRS). The jurisdictions that comprised the Authority are responsible for either terminating the PCRJ Pension Plan, which woul...
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