HomeMy WebLinkAboutItem #27 - First Reading Ordinance:88"287
8/26/88
ORDINANCE NO.
AN ORDNANCE AMENDING THE CODE OF THE CITY OF
MIAMI, FLORIDA AS AMENDED, TO ADD AND REMOVE
u'uRTAIN POSITIONS WHERE PERSONS EMPLOYED IN
THOSE POSITIONS ARE CONDITIONALLY ALLOWED TO
REJECT MEMBERSHIP IN THE CITY OF MIAMI
GENERAL EMPLOYEES AND SANITATION EMPLOYEES
RETIREMENT TRUST (RETIREMENT PLAN) OR THE
CITY OF MIAMI FIRE FIGHTERS AND POLICE
OFFICERS RETIREMENT TRUST (RETIREMENT
SYSTEM); FURTHER ADDING CONDITIONS FOR
REJECTION OF MEMBERSHIP IN THE RETIREMENT
SYSTEM; AUTHORIZING DISTRIBUTION OF CONTRIBU-
TIONS MADE BY AND ON BEHALF OF SUCH PERSONS
FILLING THOSE POSITIONS AS PROVIDED FOR IN A
TRUST AGREEMENT APPROVED BY THE CITY
COMMISSION; DELETING OTHERWISE LIMITING
RESTRICTIONS UPON SUCH DISTRIBUTION; FURTHER
REMOVING AN ADDITIONAL OPTION BY THE CITY
MANAGER TO REJECT MEMBERSHIP IN THE
RETIREMENT PLAN OR RETIREMENT SYSTEM AND HAVE
A SEPARATE RETIREMENT BENEFITS ACCOUNT
ESTABLISHED FOR HOLDING CONTRIBUTIONS MADE BY
AND ON BEHALF OF THE CITY MANAGER; FURTHER
ADDING LANGUAGE SPECIFICALLY SETTING FORTH
THE REQUIREMENT OF UNINTERRUPTED MEMBER
SERVICE WHICH MUST BE MET BEFORE A VESTED
RIGHT TO AN EXECUTIVE BENEFIT MAY BE DEEMED
TO HAVE EXISTED ON OR BEFORE MAY 23, 1985;
MORE PARTICULARLY AMENDING SECTIONS
40-208(B), 40-214, 40-234 AND 40-241 OF SAID
CODE; CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
BE IT ORDAINED BY THE COMMISSION OF HE C ry)
I,
FLORIDA:
r
Section 1. Sections 40-208), 40-214, 40-234 and 40-241 of
the Code of the City of iam�, Florida, as amended, are hereby
amended in the f owi g rticulars:.I/
"Sec. 40-2081-,` Membership: right of certain persons to
5 reject membershiR.
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 indicated omitted and unchanged material.
J