HomeMy WebLinkAboutSummary Form FRAGENDA ITEM SUMMARY FORM
FILE JD: 16-00762
Law Department
Matter ID No,
Date: 05/27/16 Requesting Department: City Manager's Office
Commission Meeting Date: 06/Q9/16 District Impacted: Citywide
Type: Resolution Ordinance D Ernergency Ordinance DiSCITSSiO 11 ROM
Other
Subject: Code Amendment Allowing.Pension. Opt-Outor Ele ted. Offiea1s Sthfi
Purpose of Item:
To amend Chapter 40, Article IV, Division 3, of the Code of the City of Miami, Florida,
entitled "Personnel/Pension and Retirement Plan/City of Miami General Employeesand
Sanitation Employees' Retirement Trust", by amending section 40-249, to allow for apt out
provisions with regard to the staff of elected officials from mandatory participation in either
the city's pension plan or the city's defined contribution plan.
frtckground Information:
To clarify the opt -out option for elected offlcials employees during the term of their
employment,
Budget Impact Analysis
NO Is this item related to revenue?
NO Is this item an expenditure? If so, please tify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhoot
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
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