Loading...
HomeMy WebLinkAboutSubmittal-Mayor RegaladoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Members of the City Commission DATE: March 25, 2010 SUBJECT: March 25, 2010, City Commission Agenda — Item M.1 — Update on Pension and Union Negotiations FROM: Honorable Ma or To Rega The purpose of this memorandum is to report to the City Commission the progress the Administration and Union leaders have made thus far to mitigate the rising cost of pensions. In recent weeks, the City Manager has met with Union leaders to discuss the viability of different options. The Administration's focus has been on differentiating between long term and short term solutions, as we recognize the need to balance the City's budget, as well as provide stability for future generations of the City of Miami. As requested by the City Commission, the City's actuary, Mr. Mike Tierney, has met with all of the elected officials to discuss in more detail the City's current pension obligations and projections for the next five years. The timeline for discussions/negotiations to commence is fast approaching. As per the collective bargaining agreements with the FOP, Detention Officers, AFSCME-Local 1907, and AFSCME- Local 871, on or before April 1, 2010, the above mentioned Unions shall notify the City in writing of their intention to renegotiate the agreements in force. Thereafter, on or before May 1, 2010, the City will present the above mentioned Unions with proposals it desires to negotiate. The Administration will be scheduling executive sessions with the elected officials to provide up-to-date briefings throughout this process. The goal for the City continues to be stability, affordability, and predictability. The Unions and Administration continue to work diligently towards a plan that will provide our employees with a competitive but affordable pension in these trying times. C: Carlos A. Migoya, City Manager SUBMITTED INTO THE PUBLIC RECORD FOR 1TEMMt ON»hc. 09 oi4,153b- Submittal- n1a_y.or2e9GOado