HomeMy WebLinkAboutSR Summary FormSecond Reading Ordinance
A. SP. 11
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a, s ,. u43stk FILE ID: f` a O C
Date: 09/10/2010 Requesting Department: I mplovec itclalions Law Department
Commission Meeting Date: 09/14/2010 District Impacted: ALL Matter ID No.
Tyle: ❑ Resolution X Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: An ordinance makin chan_ es to the nonnal retirement dale, benefitformuta, maxinrom benefit form
and average final compensation of the General Employees' and Snnitation Gm Ip nyees' G( 1?SE) Retirement Trust.
Purpose of Item:
Amends Chapter 40/Article IV/Division 3, 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 GESE
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 Miami General Employees, American Federation of State, County,
and Municipal Employees (AFSCME), Local 1907, AFL-CIO and the Florida Public Employees'
Council 79, AFSCME, AFL-CIO, Local 871.
Budpet Impact Analysis
_ Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
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 DATEI
CIP Budget
if using or receiving capital funds
Grants Risk Management z
a
Purchasing Dept. Director i !�
IChief City Manager It
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