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HomeMy WebLinkAboutMemo from Pension AdministratorMEMORANDUM DATE: March 2, 2017 TO: Daniel Alfonso, City Manager City of Miami FROM: Edga i - - rnaridez, Pension Administrator City of Miami General Employees' & Sanitation Employees' Retirement Trust SUBJECT: Ordinance implementing IRS required language For favorable determination letter Enclosed please find an ordinance of the Miami City Commission in compliance with the Internal Revenue Service favorable determination letter dated January 27, 2017, amending Chapter 40, Article IV, Division 3, of the Code of the City of Miami, Florida, as amended, entitled "Personnel/Pension and Retirement Plan/City of Miami General Employees' and Sanitation Employees' Retirement Trust." This ordinance will be reviewed by the City of Miami General Employees' & Sanitation Employees' Retirement Trust Board at their board meeting of March 17, 2017. Please place the approval of this ordinance on the City Commission agenda of April 13, 2017. Enclosures WRD/R/MISC2017/MEMORANDUM-IRS DETERMINATION 2901 Bridgeport Avenue • Coconut Grove, Florida 33133-3607 • Telephone (305) 441-2300 • Fax (305) 441-2307 • www.gese,org