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Home My WebLink AboutO-11232J-95-146 3/2/95 pgll 11232 ORDINANCE NO. AN ORDINANCE AMENDING SECTION 40-239 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, BY PROVIDING AN INCENTIVE RETIREMENT PROGRAM TO THOSE MEMBERS OF THE CITY OF MIAMI GENERAL EMPLOYEES' AND SANITATION EMPLOYEES' RETIREMENT TRUST WHO ARE REPRESENTED BY THE LABORERS' INTERNATIONAL UNION OF NORTH AMERICA, AFL-CIO, LOCAL 800, THEREBY PROVIDING THREE (3) YEARS SERVICE CREDIT TO THOSE MEMBERS ELIGIBLE TO RETIRE UNDER SERVICE RETIREMENT OR RULE OF 70 RETIREMENT AND TO THOSE NON -ELIGIBLE MEMBERS WHO, WITH THE ADDITIONAL THREE (3) YEARS SERVICE CREDIT, WOULD QUALIFY UNDER SERVICE RETIREMENT, OR RULE OF 70 RETIREMENT AND PROVIDING FOR HEALTH INSURANCE COVERAGE; CONTAINING A REPEALER PROVISION AND SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Miami's administration and the Laborer's International Union of North America, AFL-CIO, Local 800 ("L.I.U.N.A."), the certified bargaining agent, have entered into a labor agreement concerning certain pension benefits to members of the bargaining unit represented by L.I.U.N.A.; and WHEREAS, the administration recommends certain modifications to Section 40-239 of the Code of the City of Miami, to Implement the modifications agreed upon In the labor agreement; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: 11232 Section 1. The recitals and findings contained In the Preamble to this Ordinance are hereby adopted by reference thereto and Incorporated herein as If fully set forth In this Section. Section 2. Section 40-239 of the Code of the City of Miami, Florida, as amended, is hereby amended In the following particulars1/: "Sec. 40-239. Benefits (A) Service Retirement (5) Eligible members in service of the City of Miami General Employees' and Sanitation Employees' Retirement Trust represented by the Laborers' International Union of North America, AFL-CIO, Local 800, hereinafter referred to as "L.I.U.N.A.", shall have a one time window period In which to apply under the Retirement Incentive Program set forth hereinbelow In subsections 5(a), (b ), and (c) (a) Members in service who are members of the L.I.U.N.A. bargaining unit and are eligible for service retirement or Rule of 70 retirement will receive three (3) years of service credit upon exercising the option to retire under the herein Incentive Retirement Program. (b) Members In service who are members of the L.I.U.N.A. bargaining unit and are not eligible for service retirement or Rule of 70 retirement may add three (3) years of service credit to qualify under service retirement or Rule of 70 retirement so as to exercise the option to retire under the herein incentive 1/ Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks Indicate omitted and unchanged materials. -2- 11232 Retirement Program. The retirement benefit shall be enhanced by that portion of service credit which is in excess of the requirements for a service retirement or Rule of 70 retirement. (c) Members in service who are members of the L.I.U.N.A. bargaining unit who retire under the herein Incentive Program shall receive one (1) year paid health Insurance coverage similar to that which the employee is currently enrolled with the City. The health Insurance coverage_shalI be of the same _quality presently afforded retirees. (S 6) A member eligible for service retirement may choose any one (1) of the optional allowances available to him or her on the date of retirement, as provided in Section 40-239(L). �Ic gc �k ek �k n Section 3. All ordinances or parts of ordinances Insofar as they are inconsistent or in conflict with the provisions of this Ordinance are hereby repealed. Section 4. If any section, part of section, paragraph, clause, phrase, or word of this Ordinance Is declared invalid, the remaining provisions of this Ordinance shall not be affected. Section 5. This Ordinance shall become effective thirty (30) days after final reading and adoption thereof. PASSED ON FIRST READING BY TITLE ONLY this 9th day of February 1995. PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE ONLY this 9th day of March , 1996. S EPHEN P. LARK, MAYOR A T T E S-T-07. MA�*H,CITY CLERK PREPARED AND APPROVED BY: RAMOZ 1 R I ZA� ASSI TANT CITY ATTORNEY APPF,OVED AS TO FORM AND CORRECTNESS: a -4- 11232 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM m TO : The Honorable Mayor and DATE : January 30, 1995 FILE Members of the City Commission sue,►ECT : Retirement Window: Laborer's International Union of North America FROM : REFERENCES: i Cesar H. Odio ENCLOSURES: City Manager i RECOMMENDATION It Is respectfully requested that the City Commission approve theattached ordinance amending Section 40-239 of the Miami Code by establishing a "one- time" retirement window for members of the Laborer's International Union of North America. BACKGROUND The City of Miami and the Laborer's International Union of North America (LIUNA), AFL-CIO, Local 800, have entered into a bargaining agreement containing certain pension benefits to members of the bargaining unit. Article number 41 of the labor agreement creates a "one-time" retirement window for eligible LIUNA members. The retirement window establishes three (3) years of service credit which may be used by members eligible for Rule of Seventy Retirement to enhance their pension benefit or by employees not eligible for Rule of Seventy retirement to qualify for Rule of Seventy Retirement. Any portion of the three (3) years of service credit remaining after qualifying for Rule of Seventy Retirement may be used for enhancing the member's retirement benefit. Assuming a participation rate of 100%, the annual salary savings from the retirement window are $1,563,680, $4,065,561, and $4,065,561 for FY'95, FY'96, and FY'97 respectively. The annual cost of the retirement window is $0, $1,010,000, and $1,010,000 for FY'95, FY'96, and FY'97 respectively; assuming 100% participation. In addition, the City will fund health insurance coverage for retirement window participants for one (1) year at a cost of $98,950, $138,530, and $0 for FY'95, FY'96, and FY'95 respectively; based upon 100% participation. If you require additional information or clarification, please contact me at your earliest convenience. 1.1232 MIAMI DAILY BUSINESS REVIEW Published Daily except Saturday, Sunday and Legal Holidays Miami, Dade County, Florida. STATE OF FLORIDA COUNTY OF DADE: Before the undersigned authority personally appeared Sookle Williams, who on oath says that she Is the Vice President of Legal Advertising of the Miami Dally Business Revandlew OklaLegal H MiamiReview, newspaper,Ipublished at Miami n Dade County, Florida; that the attached copy of advertisement, being a Legal Advertisement of Notice In the matter of CITY OF MIAMI, FLORIDA ORDINANCE NO. 11233 In the ........,, XXXXX I Court, was ubllshed In sold news spar In the issues of Mar 21, 1997 Affiant further says that the said Miami Daily Business Review is a newspaper published at Mlaml In Bald Dade County, Florida, and that the said newspaper has heretofore been continuously published In said Dads County, Florida, hgshbeen (enteredsasusecond class MailLmatter aal t the post office in Miami in said Dade County, Florida, for a period of one year next preceding the first publication of the attached copy o vertisement; and offlant further says that she has nslt r pa nor promised any person, firm or corporation any disco t, rebate, commission or refund for the purpose ;OfVOCUrIlthis adverlisement for publication In the said 21 Sworn to oohs" scribed before me this ....+'� D. 19..,... A L /-R (SEAL) GNFS r. YFs VA NOTARY PUiSL1C OF FiAR7pA Bookie t+Vlil nonetly know to md'UAlvt S !ON 1~:O• CC 172108 t MATTY HIRAI ,\� IMF '� c`--- 4, �ty' CESAR H. ODIO City Manager City Clerk April 10, 1995 Mr. Louis Tomeo Court Operations Officer 1351 N.W. 12th Street, Rm 7-701 Miami, FL 33125 Dear Mr. Tomeo: Enclosed herewith please find a copy of the following Ordinances which amend the Code of the City of Miami, Florida: 11232 11233 11234 11235 Please acknowledge receipt of same by affixing your signature to the enclosed copy of this letter and return it to this office for our files. Thank you. Very truly yours, MATTY HIRAI City Clerk BY: SLi `SZ DEPUTY CLERK RECEIVED BY: DATE: MH:vp Enc. a/s OFFICE OF THE CITY CLERK/ 3500 Pan American Drive/P.O, Box 330708/Miami, Florida 33233-0708/(305) 250-5360/FAX(305) 858-1610 MATTY HIRAI 6' CESAR H. ODIO City Clerk City Manager I'''It111 111111 �; i April 10, 1995 Office of the State Attorney Attention: Rosemary Ricotta 1350 N.W. 12th Avenue Miami, FL 33136-2111 Dear Ms. Ricotta: Enclosed herewith please find a copy of the following Ordinances which amend the Code of the City of Miami, Florida: 11232 11233 11234 11235 Please acknowledge receipt of same by affixing your signature to the enclosed copy of this letter and return it to this office for our files. Thank you. Very truly yours, MATTY HIRAI City Clerk BY: DEPUTY CLERK RECEIVED BY: DATE: MH:vp Enc. a/s OFFICE OF THE CITY CLERK/ 3500 Pan American Drive/P.O. Box 330708/Miami, Florida 33233-0708/(305) 250-5360/FAX(305) 858-1610 Titlj of �t axtt MATTY HIRAI City Clerk April 10, 1995 Ms. Becky DeNeve Vice -President - Supplements Municipal Code Corp. P.O. Box 2235 Tallahassee, FL 32304 Dear Ms. DeNeve: CESAR H. ODIC) City Manager Enclosed herewith please find a copy of the following Ordinances which amend the Code of the City of Miami, Florida: 11232 11233 11234 11235 If I can be of any further assistance, please do not hesitate to call. Very truly !yours, Valerie Puyans Deputy Clerk Enc. a/s OFFICE OF THE CITY CLERK/ 3500 Pan American Drive/P.O. Box 330708/Miami, Florida 33233-0708/(305) 250-5360/FAX(305) 858-1610