HomeMy WebLinkAboutR-10-0350Vop City of Miami
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Resolution: R-10-0350
File Number: 10-01034d
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 8/31/2010
A RESOLUTION OF THE MIAMI CITY COMMISSION TO ADDRESS THE
FINANCIAL URGENCY PURSUANT TO SECTION 447.4095, BY MODIFYING
CERTAIN WAGES AND PENSION BENEFITS EFFECTIVE SEPTEMBER 30, 2010,
IN THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE CITY OF MIAMI
AND THE FRATERNAL ORDER OF POLICE, WALTER E. HEADLEY, JR., MIAMI
LODGE NO. 20, AS STATED HEREIN.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. Pursuant to Section 447.4095, the Miami City Commission hereby modifies certain
wages and pension benefits effective September 30, 2010, in the collective bargaining agreement
between the City of Miami and the Fraternal Order of Police, Walter E. Headley, Jr., Miami, Miami
Lodge No. 20, in the following manner:
WAGES:
0 Tiered reduction in wages:
Salary Range Percent Reduction
Less than $39,999.99 0%
$40,000.00 - $54,999.99 5%
$55,000.00 - $74,999.99 7%
$75,000.000 - $119,999.99 9%
$120,000+ 12%
■ Modifications to supplemental pay items, including:
- Elimination of education pay supplements ($1,200 to $4,200)
- Converting supplements at 5% of base or higher to flat dollar amounts of $1,500. FOP
crime prevention pay raised to $2,700
- No longer allowing supplemental pays to roll into base for calculation of overtime; and
■ Freezing Step and Longevity pay.
PENSION:
Implement the following changes to the FIPO Retirement Plan:
1. Normal Retirement Date: "Rule of 70" (age + years of service = 70 or more), with minimum
age 50 and 10 years of service. The new normal retirement date applies to all current
members who have not attained the normal retirement date under the current plan (Police:
"Rule of 64" or age 50 with 10 or more years of service; Fire: "Rule of 66" or age 50 with 10 or
more years of service).
2. Benefit Formula: 3% per year for all future service. Current members retain benefit
City of Miand Page 1 of 2 File Id. 10-01034d (Version: 1) Printed On: 8/4/2017
File Number: 10-01034d EnactmentNnmber: R-10-0350
percentage earned up to date of change, and earn 3% for each year of service after the
change.
3. Maximum Benefit: Revise current 100% of average final compensation benefit cap by
adding $100,000 per year maximum (applied to normal form of benefit). Any current member
who has accrued a benefit in excess of $100,000 per year as of date of plan change will retain
that benefit, but will not accrue any additional benefit.
4. Normal Benefit Form: 10 years certain and life for all members (currently married members
have a normal benefit of 40% joint & spouse survivor benefit, and non -married members have
a normal benefit of 10 years certain and life thereafter). Married members may elect spouse
survivor option at employee cost. Under the City proposal, the normal benefit form for married
members will be the same as for non -married members (10 years certain and life thereafter).
5. Average final compensation: average of highest 5 years of service, to be phased in over the
next 4 years as follows: average final compensation for members who retire between October
1, 2010 and September 30, 2011 will be based on highest 2 year average; average final
compensation for members who retire between October 1, 2011 and September 30, 2012 will
be based on highest 3 year average; average final compensation for members who retire
between October 1, 2012 and September 30, 2013 will be based on highest 4 year average;
and average final compensation for members who retire on or after October 1, 2013 will be
based on highest 5 year average. Provided, in no event will the average final compensation
of any member be less than the member's average final compensation as of the date of the
plan change.
Section 2. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1 }
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id. 10-01034d (Version: 1) Panted On: 8/4/2017