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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-00182 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ACQUISITION OF BENEFIT CONSULTING SERVICES AND ACTUARIAL
SERVICES, FROM MERCER HUMAN RESOURCE CONSULTING, FOR THE
DEPARTMENT OF EMPLOYEE RELATIONS, UTILIZING EXISTING STATE OF
FLORIDA CONTRACT NO. 973-500-03-01, EFFECTIVE UNTIL OCTOBER 14,
2005, SUBJECT TO ANY EXTENSIONS OR REPLACEMENT CONTRACTS BY
THE STATE OF FLORIDA, IN A TOTAL AMOUNT NOT TO EXCEED $150,000;
ALLOCATING FUNDS FROM THE GENERAL OPERATING BUDGET, ACCOUNT
NO. 001000.921002, 6.270.
WHEREAS, the Department of Employee Relations has a need for actuarial services for in-depth
analysis for two pensions systems, actuarial valuation of the City of Miami ("City") and the Fraternal
Order of Police trust health plans to be in compliance with Governmental Accounting Standard Board,
costing of proposed pension benefits and alternative, funding alternatives on the City pension plans
and other post retirement benefits, and updates to City Administration on Federal and State laws
affecting pension plans and other post retirement benefits; and
WHEREAS, Mercer Human Resource Consulting has provided actuarial services to the City since
1994; and
WHEREAS, said firm has historical information on the City's pensions systems and will not require
any data collection and input time in order to respond to requests; and
WHEREAS, pursuant to Section 18-111 of the City Procurement Code, the Chief Procurement
Officer has made a determination that the contract was entered into pursuant to a competitive process
in compliance with City laws, policies, and procedures; and
WHEREAS, funding in the total amount not to exceed $150,000 for said actuarial services is
allocated from the General Operating Budget, Account No. 001000.921002.6.270; and
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORI DA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The acquisition of benefit consulting services and actuarial services, from Mercer
Human Resource Consulting, for the Department of Employee Relations, utilizing existing State of
Florida Contract No. 973-500-03-01, effective until October 14, 2005, subject to any extensions or
replacement contracts by the State of Florida, is authorized, in a total amount not to exceed $150,000,
with funds allocated from the General Operating Budget, Account No. 001000.921002.6.270.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
City of Miami Page 1 of 2 Printed On: 2/28/2005
File Number, 05-00182
the Mayor{1}.
APPROVED AS TO FORM AND CORRECTNESS:
GE L. ' NANDEZ
CITY A TOR Y
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
Printed On: 2/28/2005