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HomeMy WebLinkAboutR-79-0674Rvc/bbb 3CJ -9/27/79 RESOLUTION NO. 7 9.6 7 4 A RESOLUTION APPROVING THE CONCEPT OF PERMITTING EMPLOYEES OF THE DEPARTMENT OF TOURIST PROMOTION WHO MAY BECOME EMPLOYEES OF DADE COUNTY'S DEPARTMENT OF TOURISM THE ALTERNATIVE OF: (1) JOINING THE FLORIDA RETIREMENT SYSTEM; OR (2) REMAINING WITH THE CITY OF MIAMI RETIREMENT PROGRAM AS MEMBERS WITH THEIR AGREEMENT TO BE BOUND BY DADE COUNTY'S CONTRIBUTION TO THE CITY'S PROGRAM AND TO THE INDIVIDUAL MEMBER'S SOCIAL SECURITY ACCOUNT OF A TOTAL AMOUNT WHICH WOULD NOT EXCEED THE RATE OF CONTRIBUTION THAT WOULD HAVE BEEN MADE BY THE COUNTY ON BEHALF OF INDIVIDUAL MEMBERS TO THE FLORIDA RETIREMENT SYSTEM, WITH SAID EMPLOYEES WHO CHOOSE TO REMAIN IN THE CITY PROGRAM BEING REQUIRED TO CONTRIBUTE THE DIFFERENCE BETWEEN THE AMOUNT TO BE CONTRIBUTED BY THE COUNTY AND THE AMOUNT THAT WOULD HAVE BEEN CONTRIBUTED BY THE CITY. WHEREAS, Tourism under the of the tourist development tax Dade County has established; a new Department of Office of the County- Manager. to; administer: a portion County Ordinance No. 78-62 and WHEREAS, revenues collected pursuant`. Section Dade 125.0104,.Florida :Statutes; and some individuals employed by the City .'of°:Miami Department of`Tourist Promotion Department of Tourlsm, and may become employees of Dade ounty's WHEREAS,'in order to protect any pension rights accrued these employees, Dade County will permit the em•ployees the. of converting to the Florida Retirement System established by Chapter 212, Florida Statutes,"or remaining with-the'City:'of Miami's retirement plan, with the County contributing,In the 1atter case, to the City amount not to plan and social security on the employees' behalf an the cmbined rate of contribution that would have been made by County on behalf of such employee to the Florida Retirement System; the exceed by alternative and WHEREAS, said employees who ,choose ';to.. rema the' City s retirement program will have to' contribute the said difference between the have amount to be contributed by the County and City; and been contributed by• the WHEREAS, the above concept' and proposa implemented by further legislation amending -the City's retirement may, program ord'inance(s);' in in the amount which "DOCUME�dT ` 1 wouI to be have rr Crri COMMISSION MEETING SE79- 61 gym°" is... ........ 4 OF MIAMI NOW,'THEREFORE, BE IT RESOLVED BYTHE COMMISSION oF. `FLORIDA Section 1 The concept:of permitting individuals,emp.loyed City of Miami Department of Tourist.Pr.omotion by the County Department of Tourism to choose between employed by the Dade THM» CITY remaining with the City of Miami's retirement Florida Retirement System with choose to remain with theCity's who may become plan or joining the the provision that should the employee plan, then the County willcontribute to the City plan and social security on the employee's behalf a.total amount not to exceed'the combined rate of contribution that would::have been made: by the County on such employee's behalf to the Florida Re-- tirement System and social security had the employee changed his membership to the Florida Retirement System, is hereby approved. Those employees who choose to remain with the City 's'retirement pro- gram will be required to contribute the difference between the amount to be contributed by the County and the amount that would have been contributed by the City. PASSED AND ADOPTED; this 27th day of September, ATTEST: (52d RALPG. ONGIE, CITY CLERK PREPARED AND APPROVED BY: ROBERT F. CLARK ASSISTANT CITY ATTORN PPROV GEOR D AS TO ORM AND CORRECTNESS: . K OX, JR., TY ATTO EY TO: FROM: Joseph R. Grassie City Manager Richard L. Fosmoen Assistant City Manager CITY OF !.IIAMI. FLORIDA INTEiF•CFFICE MEMORANDUM SUUJCCT: Tourism Transfer to Dade County Pensions for Employees rIE ERENCES: ENCLOSURES: Attached is a resolution which confirms the understandings that you and Merrett Stierheim achieved concerning City employees who are currently part of the City's pension program and who will be employed by Dade County as a result of the transfer of responsibilities for Tourism Promotion from the City to the County. The agreement provides that employees moving to Dade County would be permitted to remain in the City's pension program. Dade County would contribute an amount equal to the percentage that they contribute for all County employees into the State Retirement System. City employees wishing to remain in the City's pension program would be required to make up the difference between Dade County's contribution, approximately 9% and the City's contribution of approximately 14%. It is of course, the employee's option to remain in the City's pension program. They may choose to become members of the State Retirement System as are other County employees.