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HomeMy WebLinkAboutO-08911211t170t1) ORDINANCE NO, 11 AN ORDINANCE AMENDING THE MIAMI CITY EMPLOYEES/ RETIREMENT SYSTEM (ORDINANCE 2210, JANUARY 1, 1040, AS MENDED), AS APPEARINa /N COMPIED FORM AS PART OP CHAPTER 2 OV THE CODE OP THE CITY OP MIAMI, PURIM, 1057, AS ARENDtD, MORS PARTICULARLY WENDING SgCTION 90, AS AMENDED, OP SAID CHAPTER 21 PROVIDING FOR THE ADMINISTRATION OF THE RETIREMENT SYSTEM; PROVIDING TRAT THE EMPLOYEES b1 THE RETIREMENT SYSTEM SHALL BE EMPLOYEES OP THE BOARD; PROVIDING FOR THE EMPLOYMENT AND EVALUATION OP SAID EMPLOYEES; PROVIDING FOR THE OPTION OP A JOINT SYSTEM PLAN COMMITTEE POR THE MANAGEMENT OP SAID EMPLOYEgS; PRoVIDING, SU8JECT TO COMMISSION APPROVAL POR THE TRANSPER OP SAID ADMINISTRATION FUNCTIONS TO A PROFESSIONAL PENSION ADMINISTRATION; PROVIDING FOR A UNIFORM METHOD oP ACCOUNTING AND ACCOUNTING REVIEW 8Y THE DIRECTOR OP FINANCE; CONTAINING A REPEALER eum, A SEVERABIUTY PROVISION AND AN EFFECTIVE DATE, WHEREAS, the City Commission retains continuing Power to amend the _ ordinance governing the Retirement System; and 'WHEREAS, the Retirement Board is desirous of maintaining the highest level of services to membeis and retirees of the Retirement System; and WHEREAS, the Retirement Board is charged with the duty,of admin— istering the affairs of the Retirement System; and WHEREAS, the Director of Finance is charged with the duty of managing the financial affairs of the City of Miami, and WHEREAS, the Director of Finance is mandated by State Statute to employ uniform accounting procedures, and WHEREAS, the administration of the Retirement System is intertwined with the management of the financial affairs of the City; and WHEREAS, there appears to be a conflict between the duties and obligations of the Retirement Board and the Director of Finance; And WHEREAS, the Miami City Employees''Retirement SYstel“Ordinance N9+ 2230, January 1, 1940, as amended) was not included as a portion of the new Code of the City of MAO., Florida, effective September 1, 1967, as adopted by Ordinance No, 7585 (July 25, 1967), and WHEREAS, said System npw exists in codified form as it appears in Chapter 2 of the Code of the City of Miami, Florida, 1957, as amended, in addition to basic ordinance form; and WHEREAS, any addition or amendment to said System can thus be,made by reference to the section dOSign4tiOn$ AS they appear in chaP Ar 2 Of the Code of the City of Mi4Mi, Florida, 1957, as amended:. Nowl TatRtPORt, At IT Atfltl AY Tilt &MIAMI tI tat CITY 10 MIAMI, rt0AtDA; Aeetion 1., The Mimi City EmployeeS Retirement RyStem tOrdinAtee 22100 jatuary 1, 1040, Ag Amended), as appears it codified form AS A part Of Chapter 2 of the Ude of the City of Mimi, Plorida, 1957, As Amended, ia hereby further amended it tholtowing partiaularal I/ SdttiOft 2.90 Admitistration * * * * *• * * * * * * "(1) The general administration and responsibility for the operation of the tetirement system shall be vested in A board consisting of nine persons as follows; tWo fire fightera, two pOlice officers, meM four bers setedted by the City Manager to represent the City Administration and one City Commissioner appointed by, the City CommisioU by a minimum four -fifths vote. The City Manger and Director of Finance shell not be eligible to serve as members of the board. The city Commissioner appointed it accordance with the provisions herein contained may be removed by a majority vote of the City Commission and shall serve only for such time as he remains a city Commissioner. The, City Commissioner so appointed shall serve as chairman of the board and shall vote only in the event of a tie vote. (2) The general administration duties of the Board shall include: EE (a) The maintenance of such records and logs.as are necessary for the calculation and distribution of retirement benefits; (b) The maintenance of such records as arenecessary for financial accOunting:and report of pension funds; (c) Answering Of all'correspondence.bearing upon the retirement system; (d), Certifying and processina_bills, statements, and application's for retirement benefits; (e) Compiling such administrativeor investment information as maybe required for the managementof the RetirementSystem; (f) Establishing and maintaining communication:with_other City deOrtments, Private organization, and other governmental. units; (g) Such other functions and responsibilities asare necessary toaccomplish the day-to-day 'Management cif the Retirement -System _.... ..__ or as otherwise required by law. _. . k..__. . ,. (3) To accomplish the above responsibilities the Retirement'Boardr is authorized to employ: (a) Such Cty em lo ees asare re uired to accomlisb the-adminis. trative rea2o4Isibilittes of the Boardi (b) Said personnel shall be selectecrin the same manner as all 4ad211,4144 2,- Words stricken tbrougb shall be deleted. Vnderscorod words con- aute the amendment proposed. RPM4illiAg provisions of 'Section 2-90 are now in effect nn4 maim uncbanged. t4) 3ub. eet„ ti thq_Amslyal,of,thn C t 2rtmmitiss tho tnnctions de `t rihdd in s'u sedtlO t, (2) may he cOntracted- td Atl dteidts professional pension Atiministrs€or (5) An atlministrativpAreetnent nta+ 1teDtdrtdint between the guard . acid_ a _Cif. de, artment tAl_1101DIJAA111 tlutits described in sobseetian (,2, j if -ate dtspnlh_with refete_nc ttf ur;h a eee tent, the Ci't Commission shall aet itt .ettir g said pdifatite. (6) in Lthe nt tt kt ton 13etilmnt SyAto to i3tsard and the ketireinent plate oard decide_ to have common employees, A jnint its ttntttt t; shali be forttled ti'f eau iTIgnes_etit „tiOn franc .eaeh board for nthe s ie tion and examination -of said Apilloqgs (1) Ali .. q +A4t, rig_.methods _nnd_ . c unting_,_r enrd: , LLmatilt hied by thti Tuard shalt be kert ivtl the ;mantic bar. th0 Ure_otnt,. oE,.ai'inance for.:tll. City depOttments .atd_e:ll.,_accountittg WOrk .: tuduct.._shall be. reV eat d..,hyhe t_btrecter ,of 1 t ttee to ensure oniianee 1th0nse_,methcPd5,..._ _UPati_ d,etermi.nattoi b..Y t t Director _of rite tnce__that there .jq __ilgt compI atnceha11 _ ......ram-_ . . riot ify.,..the .10,4rcl __ ri tenting , ot.^_the,._at i .o.E__non-compl, an,ce and.- a ,recommended__ remedy. (8) The first meeting of the hoard created herein shall take • place within thirty days from the:datt providing for the elec- tion of members to said hoard as hereinafter provided, (9) Employee representatives shall be elected for a term of two years by employees of their respective departments, The first election shall be held within forty-five days from the effective date of the ordinance creating the Retirement Board of the Miami City Employees' Retirement System wherein one police representative and one fire representative shall be elected for a term ending on December 21, 1976. The police and fire representatives currently serving on the retirement .board of the retirement system and plan shall be members of the board herein created until December 31, 1975. Elections shall take place between December first and December, fifteenth of each year wherein one police representative and one fire representative shall he elected for a term of two, years commencing_Jenuary firs and terminating two years thereafter on December thirty-first, (10) Qualifications for candidates and arrangements for secret ballot elections shall be proinulga'ted by the representative police and fire.organizations, (11) If a vacancy occurs in the office of an elected member, the vacancy shall be filled for the unexpired term in the same manner and in accordance with the same provisions for election of members to the board, (12) The board members shall serve without compensation. ,(13) Each member shall take an oath of office within ten days after his appointment or election. (14) Eatrh member of the board shall he entitled to one vote, Five concurring votes shall. be necessary for a decision by the members of the board .and five members shall ; onstitute .a quorum of the hoard, Words - ichitai through shall be de constitute the amendment proposed, *Action 2.90 are pow in affect aid eted. Underscored wprds Remaining provisions of rsma is onehaepti. t (1) :gub3eut to the limitations herein °t* ttt,aihedg the board my from tuns to time establish such 'toles and 'regntatit is a§ may be hen awry for the efficient admintatratinn of the systems tlb) the board shell teat a vide chairman from its mtaber. ship sand shall appoint a secretary who may or may not be a member of the board. (17) the board OW 'keep in et5nvenitent form such date ad shalt be necessary ftir aetuariat evaluation of the vatriousfunds of the retirement system and for checking the experience of the retirement eystttn. (18) The hoard shall keep a record of x1i of ith proceedings which :shall be open to public inspection. The minute§ of the retirement boned shall reflect a eompiete and comprehensive account of the discussions and actions taken by the retirement board. (19) The hoard shalt submit to the city commission annually - a teport shooing the fiscal transactions of the retirement system for the year ending on the preceding December' 21st, the amrnunt ref the accumulated cash and securities of the system and the last balance sheet showing the financial condition of the system by tneans.of actuarial valuation of the assets and liabilities of the system. Said information and reports shalt be submitted to the: city commission no later than July first -of -each year, Commencing in 1975. (20) The hoard shalt designate and select an actuary who shall be the technical advisor. to the board in matters re— garding the operation of the funds created by the provisions of this ordinance, and shall perform such other duties as are required in connection therewith. The actuary shall be directly responsible to' the board. The contract providing for employment of the .actu;a ry shall he suh ject to the approval of the city commission and shall provide that the actuary may be removed, by_a majority vote of the retirement board,- (21) The retirement board shall designate one physician who shall assist the board in the performance of it:s .duties. tech' applicant for disability retirement shall be referred to said physician for examination,.evaluation and report. Such. physician shall he authorized to refer the applicant to a special— ist or specialists,.at-his discretion:fr.om a list approved. by the board. Said specialist or specialists shall report their '.findings and conclusions to the physician in writing. Said physician shall arrange for and pass upon all medical exam- inations required under the provisions of this section and, after taking into consideration the reports of the special— ists, if any, shall. report'his conclusions' and recommendations, to the board in writing. (22) On the basis of such gables -the actuary shall make .annual.aetuarial valuation of the assets :and liabilities of the funds of the retirement' system.H (Code 1957, Sec. 2-90; Ord. No, 7288, See* 14 card, No, 7292, Sec, 2; Ord. Na. 7679, Sec. 1; Ord. No. 8008, Seca 1; Ord,No, 8364, Sec. 1), Section 2, If aiay section, sentence, clause, phrase or work of this Ordinance is for.any reason held or decLared'to be.uncenstitutional. inoperative or voi4, such polling or invalidity shall not affect the remaining portions of this Ordinance, and it shail not he construed to have been the intent of the Cemtnission of the City of Miami to pass this Ordinance without such unconstitutional, .invalid or 4. in pdrntive pert therein; And the remainder f thig tirdirtgne ntter the exelegion et Ruch part ur pate §hn t be deemed Anti held to be vAlid ng it Ruch parts had not been included therein. PASSED ON PIIST READING AY TITLE ONLY THIS 22 day et b__ + .197p, PASSED AND AboPTSb ON SECOND AND FINAL MONO BY T.'ILE ONLY Tits 8 day et MARCH / / MAURICE A, FERRE MAY 0 CITY CLERK PREPARED AID APPROVED BY: MICHAEL HAYG000 ,, ASSISTANT CITY ATTORNEY 0 AS TO FORM CORRECTNESS: E F. KNOX, JR. ATTORNEY MOM ntivinv OD ittee* 7. PAOShed Dalt* 'eXcerit 'sefarday. Sunday / • Legal Holidays Miarrn, bade 'enmity. -Plerida. •StAft Of f LORI tiA tout'OP bAbt before friti undersigned atiffidt14 pereSangilf elp• bred Sarah Wifllarns, Who on oath says that she is Me Decor of Legal Advertising of flte'MiarhiRevieW geld 'Daily Recoil& A daily (except Sturdy. StInday and Legal Holidayst newspapte, Publithed at Miartii in Dade 'Comity, Florida; that the attached thy Of adiree- tiltieheht. being a Legal AdyeefiSerharit oe Notice in The rhattet• of -MY bY MIAMt Rel OrOthanct Nos 8911 In the k. .3( It Couft was published in said newspaper ih the issues of March .1.5 .1979 .Affiaht further Says that the Said Miami Review and (Daily Retried it a newspaper published at Miarnl, In - Said bade Couhty..Plorida. arid that the said hewspaper has heretofore been continuously published ih said bade CodnfYi Florida, each day (except Saturday, Sun- - day and -Legal Holidays) and has, been ehtered as second clasS mail Matter at the post office in Miami, in said bade County, Florida, for a period of one year next pi-ace/find -e nest publication of the attached copy of ' adyeetis rit; and a1Hant Wither says that she has neither nor ProMited any person, firen or coepora- tion a • scounr rebate, commission or refund for the putp .t seturirig.t rilsement for Publication in th aid hawse re me this 19 79 e a al Large [SEAL My 'Comenission MR-69 •efft IP MAX% • ,.r bAlgt trAINMPLORMA : 'r 116AL tilgtiet 'Al) ittialtattail talit'falta:11611eiiheiliti Math -gait tit Meth, 1029 .• eliy- tdmffitsatdd 61 Mmi,tiatida fiatted btid atiopfoti tit§ lined dtditiattee: oRbINANCE NO:101I • .-- AN CHNANCE rAMEN'151 ?Ht.-MIAMI EMPLOYEtt' 'RETIREMENT tYttEM‘teila/INANCE:2230, JANUARY 1, )040, AS. AMNbb) A APPEARINGtN Cobtfltb FORM AS PART OP tHA'PTER '2 Of 'THE -tObt r. Oft .THE .CITY.CiP MIAMI; f LORIN, rig,gt AS LAM N OE°, MR E PARTICULARLY- .'AMENDIN6 -.SECTION ,46.. AS • - AMENbEtVbf SAib.CHAPTER•2; `PROVIOIN6 '0012 tl-tt AbMi NW -RATION RETIREMENT SYSTEM;-PROVbN • • THAT THELEMOLOYt ES Of.tHE REtiREMENt SYSTEM. SHALL BE EMPLOYEES:OP-1'HE ,tIOARb; 'PROVIttiNd • OR; THE :EMPLOYMENT, ANF5'. EVALUATION:OP: SA.Iti„ EMPLOYEES; PROVIbING POR THE•OPTION'Of A SYSTEMPLAN.COMMITTEEPOR THE MANA6EMENT 'SAlb EMPLOYEES; -PROVIbi WI/ •SUBJECt•TO COMMIS SION APPROVAL:P-0R ,,THE , TRAMPER .-OP SAIbrfAb-', MINISTRATION f UNCTIONS TO A PROPESSIONAL ,' • SION -AbMINISTRATION:r-PROVIbIN f OR A •UN'tfORM METHOta Of ACCOUNTING. ANb ACCOUNTING PVIW .- BY .THE bIRECTOR- PINANCEJ tONTAIN'IN6 REPEALER CLAUSE, A SEVERAEHLITY PROVISION Atsib AN EfFtetive bATE, • • • • RALHG.Nt CITY CLERK publication ,of this Notice on the 15 day of March, 1979. 3/15 M/9-031505 • 1.10AI. NOT tCt All interested will take notite that on the tith day of March, 1979 the City Commission of Miami, 'lMida passed and adopted the follvoing titled ardinantet ORDINANCE NO, AN ORDINANCE AMENDING THE MIA!/CI RET/REMENT SYSTEM (ORDINANCE 2230, JANUARY 1, 1040, AS AMENDED)', AS APPEARING IN COD/PIED FORM AS PART OP CHAPTER 2 OP THE CODE_OP THE CITY OP MIAMI4'PLORIDA, 1951A AS AMENDED, MORE PARTICULARLY AMEND/NO SECTION 90, At AMENVEN.OP SAID:CHAPTER-2, PROVID/NG POR THE ADM/NISTRATION - OP THE RETIREMENT SYSTEM; PROVIDING THAT THE EMPLOYEES OP THE RETIREMENT SYSTEM SHALL BE EMPLOYEES OP:THE BOARD; PROVIDING POR THE EMPLOYMENT AND EVALUATION OP SAID EMPLOYEES; PROVIIANC FOR THE OPT/ON OP A JOINT SYSTEM PLAN COMMITTEE POR. THE'MANAGEMENT OP SA/D EMPLOYEES; PROV/DING, SUBJECT TO COMM/SSION APPROVAL POR THE TRANSFER OP SAID ADMINISTRATION FUNCTIONS TO A PROFESSIONAL PENSION ADMINISTRAT/ON; PROVIDING FOR A UN/PORN:METHOD or ACCOUNTING AND ACCOUNTING REVIEW BY THE DIRECTOR OF FINANCE; CONTAINING A REPEALER. CLAUSE, A,SEVERAB/LITY PROVISION AND AN EFFECTIVE DATE1, RALPH G: ONGIE CITY CLERK LOGO - , = CITY OF MMlr,f41• rLL i'.If)A !NT ER•OFrT'C'� TO: Joseph R. Grassie City Manager nines E. Gunderson %,b irector of Finance February 27, 1979 1.1Proposed Pension Ordinances for Administrative Responsibility ".: FE:: C L:i The pension ordinances designed to provide administrative control in their respective Boards are management mine fields, to wit: (a) Section 2-90 (3) permits the Retirement Board to employ City personnel without being designated a department as required under the charter. (b) Section 2-90 (4) permits contracting to an outside professional pension administrator. What happens to the present city em- ployees? How can the Finance Department monitor the accounting requirements? (c) Section 2-90 (5) permits boards to contract for administrative services with any department, but under section 2-90 (3) it permits the boards to select the employees and be responsible to the Retirement Board or Boards. This is an unconscionable intrusion into an operating department and is not practiced in hiring outside firms. (d) Section 2-90 (6) permits each board to have separate employees. This will immeasurably increase the costs. (3) The Finance Department is required to monitor accounting methods without the benefit of having employees to perform such a func- tion. Unless the function is supervised daily, the accounting function can be badly administered without the knowledge of the Finance Department. To assure accounting compliance it is neces- sary that the Finance Department have control, supervision and direction. My recommendation would be to defer action on these ordinances until further study produces a viable alternative. ce_P-1,7;a