HomeMy WebLinkAboutSR Summary FormSecond Reading Ordinance
AGEPI®A ITEM SUMMARY FORM S P . 1
FILE ID: /0-
�e:c4n
Date: 09/10/2010 Requesting Department: Employee Relations Law Department
Commission Meeting Date: 09/14/2010 District Impacted: ALL Matter ID No.
Type: ❑ Resolution X Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: An ordinance making changes to the normal retirement date, benefit formula; maximum benefit form,
and average final compensation of the Firefighters' and Police Officers' (FIFO) Retirement Trust.
of item:
Amends Chapter 40/Article IV/Division 2, of the City of Miami Code to make changes to the normal
retirement date, benefit formula, maximum benefit form and average final compensation of the FIFO
Retirement Trust.
Background Information:
On or about August 31, 2010, the Commission of the City of Miami made changes to certain wages,
healthcare, and pension benefits effective September 30, 2010, in the collective bargaining agreement
between the City of Miami and the International Association of Firefighters, AFL-CIO, Local 587 and
the Fraternal Order of Police, Walter E. Headley, Jr., Miami Lodge No 20.
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No.-
Special
o:Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Manage �nt
Purchasing Dept. Director
Chief City Manager
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