HomeMy WebLinkAboutR-13-0303City of Miami
Legislation
Resolution: R-13-0303
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 13-00783 Final Action Date: 7/25/2013
A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY
MANAGER TO INVESTIGATE THE LEGAL AND LOGISTICAL ISSUES INVOLVED
IN THE IMPLEMENTATION OF A FICA ALTERNATIVE PROGRAM FOR ALL
TEMPORARY, SEASONAL AND PART-TIME EMPLOYEES AND TO PREPARE A
WRITTEN REPORT TO THE CITY COMMISSION WITHIN SIXTY (60) DAYS.
WHEREAS, the City Commission would like to explore the implementation of a FICA Alternative
Retirement Program for all temporary, seasonal and part-time employees; and
WHEREAS, employees participating in the City of Miami's ("City's") FICA Alternative Plan would
pay 7.5% of their pre-tax wages into a private retirement plan instead of Social Security; and
WHEREAS, employees participating in the City's FICA Alternative Plan would have the ability to
decide how their retirement money should be invested; and
WHEREAS, benefits earned under other retirement plans, including Social Security, would not
be reduced by an employee's participation in the City's FICA Alternative Plan; and
WHEREAS, other government entities including the State of Florida, Florida State University,
the University of Florida, and Florida International University have implemented FICA Alternative
Plans in recent years; and
WHEREAS, the City Commission would like a written report on the legal and logistical issues
involved in establishing a FICA Alternative Retirement Plan;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals contained in the Preamble to this Resolution are adopted by reference
and incorporated as fully set forth in this Section.
Section 2. The City Manager is directed to investigate the legal and logistical issues involved in
the implementation of a FICA Alternative Retirement Plan for all temporary, seasonal and part-time
employees, and to prepare a written report to the City Commission within sixty (60) days.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
Footnotes:
City of Miami
Page 1 of 2 File Id: 13-00783 (Version: 21 Printed On: 9/6/2017
File Number: 13-00783 Enactment Number: R-13-0303
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} 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: 13-00783 (Version: 21 Printed On: 9/6/2017