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HomeMy WebLinkAboutSummary Form SRSECOND READING ORDINANCE AGENDA ITEM SUMMARY FORM FILE ID: 16-00762 Law Department Matter ID No. Date: 05/27/16 equesting Department: City IVIanager's Office Commission Meeting Date: 06/09/16 District Impacted: Citywide Resolution E; Ordinance 0 EmergenGy Ordinance J Discussion item Other Subject: Code Amendment Allowh Oilt-Out for Eleeted Officials Staff Purpose of Item: To amend Chapter 40, Article IV, Division 3, of the Code of the. City of Miami, Fiance, entitled "Personnel/Pension and Retirement Plan/City of Miami General Employees' and Sanitation EmployeesRetirement Trust", by amending section 40-249, to allow for opt 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. e>ackground Information: To clarify the opt -out option for elected official's employees during the term of their employment. This item passed on first reading on June 9, 2016. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: . special Revenue Account No: CIF Project No,r NO Is this item funded by Homeland Defense/Neighborhoot provernent Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Filial Approvals csIGNI AND DATE) CJP A Bu tfusisIg 61; recei '(1;aptolisarkt8 Grants Risk Manageme Dept. Director Chief City Manager Purchasing t\l/A Page 1 of 1