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HomeMy WebLinkAboutItem #09 - First Reading OrdinanceJ-98-182 10/27/98 ORDINANCE NO. AN ORDINANCE AMENDING SECTION 40-250 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "RIGHT OF CERTAIN PERSONS TO REJECT MEMBERSHIP" AS IT RELATES TO THE CITY OF MIAMI GENERAL EMPLOYEES' AND SANITATION EMPLOYEES' RETIREMENT TRUST ("GESE TRUST"); PROVIDING THAT: (1) ASSISTANT CITY MANAGERS AND 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 EIGHT PERCENT (8%) OF THE EMPLOYEE'S ANNUAL BASE SALARY; AND (3) 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 SEVER.ABILITY CLAUSE. BE IT ORDAINED BY THE COMM OF THE CITY OF MIAMI, FLORIDA: Section 1. Section 40 \ of Chapter 40 of the Code of the City of Miami, Florida, amended, is hereby amended in the following particulars:/ "PERSONNEL 1/ Words and/or Vfies stricken through words and/or shall be added. in effect and remain unchanged. unch ged material. 100) shall be deleted. Underscored The remaining provisions are now Asterisks indicate omitted and