HomeMy WebLinkAboutItem #31 - First Reading OrdinanceRDKra
7/18/78
ORDINANCE NO.
AN ORDINANCE AMENDING'CERTAIN SUBSECTIONS
OF THE' MIAMI CITY GENERAL EMPLOYEES RE-
TIREMENT PLAN (ORDINANCE 5624, MAY 2, 1956,
AS AMENDED), APPEARING IN CODIFIED FORM AS
A PART OF CHAPTER 2 OF THE CODE OF THE CITY
OF MIAMI, FLORIDA, AS AMENDED, MORE PARTIC-
ULARLY AMENDING SECTION 109 OF SAID CHAPTER
BY ADDING AN ADDITIONAL PROVISION THERETO
PROVIDING THAT ANY LABORER, WATCHMAN, OR
CUSTODIAL WORKER WHO DID NOT PARTICIPATE
IN THIS PLAN PRIOR TO APRIL 1, 1955, MAY
ELECT TO PAYBACK FOR SERVICE PRIOR TO SAID
DATE; FURTHER PROVIDING THAT ANY EMPLOYEE
WHO BECAME ELIGIBLE TO JOIN THIS PLAN ON
SEPTEMBER 1, 1962, AND WHOSE MEMBERSHIP
IN SAID PLAN WAS DELAYED DUE TO THE ADMIN-
ISTRATIVE PROCESSES OF THE CITY MAY PAY
BACK FOR THE PERIOD FROM SEPTEMBER 1, 1962,
UNTIL SAID APPLICATION WAS PROCESSED; SAID
PRIOR SERVICE SHALL NOT BE APPLIED TOWARD THE
REQUIREMENTS FOR ORDINARY DISABILITY BENEFITS;
FURTHER, ANY IN LINE OF DUTY INJURY SUCH AS
WOULD BE REQUIRED TO RECEIVE ACCIDENTAL DIS-
ABILITY BENEFITS MUST OCCUR AFTER THE COM-
PLETION OF SAID PAYBACK AT THE HEREIN PRO-
VIDED RATE; SHOULD ANY ELIGIBLE LABORER,
WATCHMAN, OR CUSTODIAL WORKER DECIDE TO PAY
BACK UNDER THE HEREIN SECTION, SAID PAYBACK
SHALL BE MADE USING THE EMPLOYEE'S FORMER
RATE OF COMPENSATION TOGETHER WITH ACCUMU-
LATED INTEREST AT THE RATE OF FOUR PERCENT
(4%) AS THE BASIS FOR DETERMINING THE COSTS
INVOLVED; FURTHER PROVIDING THAT NOTICE OF
INTENT TO PAY BACK UNDER THE HEREIN SECTION
MUST BE FILED IN WRITING WITH THE RETIREMENT
BOARD OR ITS DESIGNEE WITHIN FIFTEEN (15)
YEARS FROM THE EFFECTIVE DATE OF THIS ORDI-
NANCE; CONTAINING A REPEALER CLAUSE, A
SEVERABILITY PROVISION AND AN EFFECTIVE DATE.
"DOCUMENT_ INDEX
ITEM NO._ »
WHEREAS, the Miami City General Employees' Retirement
Plan (Ordinance No. 5624, May 2, 1956, as amended) was not included
as a portion of the Code of the City of Miami, Florida, effective
September 1, 1967, as adopted by Ordinance No. 7585 (July 25, 1967);
and
WHEREAS, said Plan now exists in codified form as it
appears in Chapter 2 of the Code of the City of Miami, Florida,
1967; and
CITY COMMISSION
MEETING OF
JUL2? 1978