Loading...
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 a A Tf using' or ceo-didie647faci Grants Purchasing OM Chief Final Approvals (SIGN AND DATEB mpr onds? Risk Managern Dept. Director b� City Manager* Page 1 of 11