HomeMy WebLinkAboutItem #25 - First Reading OrdinanceJ-98-182
4/21/98
ORDINANCE NO.
AN ORDINANCE AMENDING SECTION 40-250 OF THE
CODE OF THE CITY OF MIAMI, FLORIDA, AS
AMENDED, ENTITLED "RIGHT OF CERTAIN PERSON TO
REJECT MEMBERSHIP" AS IT RELATES TO THE CITY
OF MIAMI GENERAL EMPLOYEES' AND SANITATION
EMPLOYEES' RETIREMENT TRUST ("GESE TRUST");
PROVIDING THAT: (1) THE CITY ATTORNEY,
ASSISTANT CITY MANAGER(S), AND SPECIAL
ASSISTANTS) TO THE CITY MANAGER, SHALL
PARTICIPATE IN A PUBLIC TRUST FUND APPROVED
BY THE CITY COMMISSION; (2) CERTAIN
CONTRIBUTIONS MADE TO THE PUBLIC TRUST FUND
ON BEHALF OF HEREIN DESIGNATED EMPLOYEES
SHALL BE AT A RATE OF TWENTY PERCENT (20%) OF
THE EMPLOYEE'S ANNUAL BASE SALARY; (3)
CONTRIBUTIONS, IF ANY, BY THE HEREIN
DESIGNATED EMPLOYEES SHALL BE PICKED UP BY
THE CITY AT A RATE NOT TO EXCEED EIGHT
PERCENT (8%) OF THE EMPLOYEES' ANNUAL BASE
SALARY; AND (4) THE HEREIN DESIGNATED
EMPLOYEES SHALL TAKE ACTUAL OR CONSTRUCTIVE
RECEIPT OF ALL CONTRIBUTIONS MADE ON HIS OR
HER BEHALF PRIOR TO REACHING AGE 55 OR UPON
BECOMING PERMANENTLY AND TOTALLY DISABLED, IF
SO PROVIDED IN SAID TRUST AGREEMENT;
CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
BE IT ORDAINED BY THE COMMISSI F A
CITY OF MIAMI,
FLORIDA:
Section 1. Sectio - of Chapter 40 of the Code of
the City of Miami, F1 id amended, is hereby amended in the
following parti
wor and/or figures stricken through shall be deleted. Underscored
ae
nd/or figures shall be added. The remaining provisions are now
ff ct and remain unchanged. Asterisks indicate omitted and
n4ed material.