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HomeMy WebLinkAboutItem #31 - First Reading OrdinanceHonorable Members of the City- Cc,ttirni:- siort P. tit'. Aridrews City Manager 0 7 75 Pension Cirdinartce Amendnnent.s Following is a summary of the pension ordinance amendments. These amend- ments flow from exhaustive time and energy being spent by the City Commis- sion's Pension Committee, recommendations from the Director of Finance, the actuarial firm of A. S. Hansen, Inc. , and the actuarial firm of Kruse, O'Connor. and Ling, Inc., as well as various recommendations and discussions generated by the current Pension Board. These pension amendments imple- ment the various labor contracts which were entered into by the City and its five (5) groups of organized labor. A, This ordinance gives the Retirement Board of the Retirement System the right to limit disability pension benefits to those members who have received an accidental disability retirement and who are per- forming services which are substantially equivalent to those services that can be assigned within the classification from which the employee retired. For example: If a retired employee is found to be doing work with job content, either from a physical basis or an academic basis, that can be substantially equivalent to the job content assignable within the classification from which he was retired, that employee's pension benefits can be limited. J'he ordinance provides the procedure for subsequent physical exam- inations of members who have received an accidental disability retire- ment. The requirement for physical examinations is exercised at the discretion of the .Board as the need deems it necessary. For example: If a retired employee suffers brain damage, then certainly the require- ment would not be exercised. It should also be noted that reference is made in Subsection 12 to the Civil Service Rules and Regulations and, therefore, an amendment will be necessitated to said rules and regu- lations in order to make them consistent with the ordinance herein contained. Page 1 of 7 T 4'000 Honorable Mernb~rrs of the City Commission This ordinance provides for the Retirement Board of the Retirement System to require at the Board's discretion employee's receiving a disability pension, on a form provided for such purpose (such as a certified public accountant's statement), an indication of the salary and type of employment that the retiree is currently engaged in. It is discretionary on the part of the Board in that it may not be required of all employees who are retired for the same reason that all retirees may not be subject to being recalled for physical examinations for the reasons as outlined above. Subject ordinance also provides for the right of pay back of contri- butions in the event a retired employee is returned to duty. In addition, a provision of the ordinance allows for the reassignment of an employee to another job classification (other than police and fire duties) if the employee consents to such assignment and providing that the salary in the new job assignment (outside the Police and Fire Department) is no less than 100?-% of the employee's job class from which her was transferred. This latter provision will also necessitate a change in Civil Service Rules and Regulations. 13. Under the ordinance now in effect a member who receives an accidental disability retirement is entitled to a return of his or her contributions, in addition to his/her monthly benefit. The purpose of this ordinance is to eliminate the return of contributions in the case of an accidental disability retirement. (This should save the Pension Trust Fund on the System $250, 000 annually. ) ifcr2of7 iionorable Members of the City Gummission C. 'ibis ordinance provides the procedure to be followed in the event of an application for accidental cr sabil ity retirement by a member of the Retirement System. "ihe ordinance also provides a definition of permanent total disability. It should be noted that this amended definition removes the construction of an employee receiving an acci- dental disability retirement in the event that he is no longer able to perform duties in his assigned classification. The amended ordinance removes the word assigned and thereby eliminates the practice that has heretofore existed in permitting employees to become candidates for disability pension if they were alleged to be unable to perform the exact function (for example. motorcycle policemen) at the time the injury occurred. The amended definition will permit the injured motorcycle policemen, for example, to be assigned to other duties within the classification of police officer, which are more compatible with his disabilities, and thereby permit his continued service to the City of Miami. In addition, the Board is given the right to receive any and all infor- mation which it deems necessary in order to arrive at a decision re- garding granting or denying the application for disability pension. A significant change from current practice is reflected in the provision that requires that the Retirement Board must concur with the physician who is employed by said board when granting a retirement. it is important to note that regardless of independent opinions and judgments the current practice of granting disability rested solely on the determination of the Medical Board. This will no longer be the case as the Medical Report is no lodger final and conclusive in terms of dictating whether the employee will receive or not receive a dis- ability pension. in order for the applicant to receive a disability pen- sion, it must be shown that he is no longer able to perform in the broad classification of police officer or fire fighter; and, secondly, the doctor retained by the Retirement Board must state that the applicant is medically permanently and totally disabled. Then, and only then, will the employee receive an accidental disability pension if the Retirement Board concurs. D. This ordinance provides that the spouse of any member who dies after receiving an accidental disability retirement shall receive monthly forty percent of the ntetriber's retirement allowance during the lifetime of said spouse. Heretofore this provision did not exist for employees Page 3of7 F{onora ,le Members of cne City Commission •kvhu received disability- retirement because the employee received c c( the return of his contributions and, therefore, could provide in his -will the remainder of those contributions to his spouse. Since the return r of contributions has been eliminated, this provision allows for the employee to provide for his spouse in the event he prematurely expires. It should be noted that this provision is the e:•:act provision that currently exists in the Pension Ordinance as it applies to service retirements. F. The subject matter of this ordinance reflects the change in the composition of the Board of Trustees of the Retirement Systetn. There will now be a Pension Board for the Plan (non Police and Fire personnel) and a Pension Board for the System (Police and Fire personnel). The design and con- figuration of these two (2) Boards are such that equal members will serve representing the interests of employees and management. In other words, four (4) members will be selected from the ranks of labor and four (4) representatives representing the City administration will serve on the Board, with one (1) City Commissioner being appointed as the ninth member. G. This ordinance gives the Board of Trustees of the Retirement System the right to require a fidelity bond if it believes the trust is subject to finan- cial loss due to the services being performed by any person or firm. H. This ordinance establishes the composition of the Retirement Board of the Retirement System and provides fur the election of said members. The members of thee. Board will be; two (2) fire fighters, two (2) police officers, four (4) members selected by the City Manager to represent the City admin- istration, and one (1) City Commissioner appointed by the City Commission by a minimum 4/ 5 vote. The City Commissioner appointed by the City Com- mission shall serve as Chairman of the Board and shall vote only in the event of a tie. There are further provisions which require the Board to keep its matters open for public inspection and also require the Board to submit annual reports to the City Commission before July 1 of each year. In addition, the ordinance provides for the designation of an actuary and a physician by the Board. The ordinance further establishes a new physical examination procedure whereby the physician that is employed by the Board will he the only doctor who will have direct communication with said board. That physician, how- ever, is empowered to seek assistance from other physicians from a list that hits been al)prt)ved by the Board, Page 4of7 Honorable Mern'.)e r s of the City Commission An actuarial valuation periodically is also provided for in this ordinance. J. Tliis ordinance provides the prucedi.►re to be followed in the event of an application for accidental disability retirement by a member of the R tiren-lent Plan (non Police and rire personnel). This ordinance also provides for a definition of permanent and total disability for the further performance of duties (as it affects non Police and Fire personnel). This definition refers to non-performance of duties as those duties that can be assigned the employee regardless of which department he is in at the time injury occurs. In other words, if an employee injured as a Park Tender can no longer function as a Park Tender in the Departrnent of Parks and Recreation, he can thereby be reassigned to custodian duties, for example, in the Department of Public Works, which would be lighter duty and more compatible with his disability, provided that the employee does not receive diminished earnings as a result of said reassignment. In addition, the Board is given the right to receive any and all information which it deems necessary in order to arrive at a decision regarding the granting or denying of an applicant for disability retirement. A significant change frorn current practice is reflected in the provision that requires that the Retirement Board must concur with the physician who is employed by said board when granting a retirement. The. Medical Report is no longer final and conclusive in terms of dictating whether the employee will receive or not receive a disability pension. J. This ordinance establishes the composition of the Retirement Board of the Retirement Plan (non Police and Fire personnel) and provides for the election of said members. The members of the Board will be: one (1) City Manager, one (1) Director of Finance and two (2) members of the City Administration appointed by the City Manager and one (1) City Commissioner appointed by the City Cornrni s sion by a minimum of 4/5 vote. Once again, the configuration of this new board places management interests in equal numbers in terms of representation with the number of employee representatives on the Board. There are further provisions which require the Board to keep its matters open for public inspection and also require the Board to submit an annual report to t:ho City Commission before July I of each year. In addition, the ordinance pro,.'ides for the designation of an actuary and a physician by the Board. Page '; of 7 OINIMININeim Honorable N1cmhers of the City ConuniSsion The ordinance further establishes a new physical examination procedure whereby the physician that is employed by the Board will be the only doctor who trill have direct communication Nvith said Board. That physician, how- ever, is empowered to :reel. assistance from other physicians from a list that has been approved by the Board. An a•ctuarial valuation periodically is also provided for ih this ordinance. K. This ordinance combines all the current classes of employees in the Retirement Plan into one new class so as to eliminate confusion of the benefit structures and to establish uniformity. It further transfers all general employees who are currently in the Retirement System to the Retirement Plan. These latter employees are separated into a distinct class due to the fact that they are not required to pay Social Security benefits. There are, thus, only two classes of employees under the Retirement Plan; the only distinction being Social Security payments. The ordinance further provides the benefit that a member receives when said member achieves his minimum retirement date. The normal retirement benefit is two per cent of the member's final average earnings, plus an additional one -tenth of one per cent for each year that the member's age and service exceeds 75, up to a maximum credit of three per cent per year. The ordinance further provides for certain exceptions to the above benefit. In order to implement the transfer of those general employees in the System to the Plan, the ordinance provides for the transfer of all those members' assets and liabilities from said System to said Plan. A further provision of the ordinance is an increase in the rat e of contribution by the general employees from the current 7 1/2 per cent to 8 per cent. L. The subject matter of this ordinance gives to those employees who are employees of the Retirement Plan prior to October 1, 1974, or those employees who are being transferred from the system to the plan, the option of having their benefits computed in one of two ways. The first alternative would be to have their benefits computed in accordance with the provisions of Section 2-106, which are outlined in Ordinance K. The other alternative is to have a member's benefits, if he qualifies, computed in accordance with the provisions of Section 2- 109(3) (b) (Longevity Benefits), or et a rate of two and one-half per cent per year, whichever benefit is greater. Page of 7 Ilonora.ble Members s or the City Commission This ordinance rives the Retirement: i;oard of the Retirement Ulan the right. to limit disability bt refits to those members who have :tn accidental retirement and whose annual earnings from employment e::ceed an amount which when adclect to their disability retirement allowance would result in a combined income of 100 per cent of the maximum current salary for the classification from which the employee was retired. In addition, the ordinance requires that each member receiving an accidental disability retirement allowance furnish copies of his income tax statement for the preceding year. The ordinance further provides for the procedure to be followed for subse- quent physical examinations of members who have received an accidental disability retirement. It should be noted that reference is made in Subsection 11 to the Civil Service Rules and Regulations and, therefore, an amendment will be necessitated to said rules and regulations in order to make them consistent with the ordinance herein contained. The subject ordinance also provides for the right of pay back of contributions in the event a member who was on disability is returned to duty. In addition, the ordinance provides for a subsequent physical examination at least once every five years for those members receiving an accidental disability retirement. N. The subject matter of this ordinance reflects the change in the composition of the Board of Trustees of the Retirement Plan. The Board of Trustees will now be limited to and comprised of all members of the Retirement Board. The foregoing amendments have addressed themselves favorably to the content of the labor agreements which serve to address positively the heretofore weaknesses in the current Pension Ordinance applicable to application, interpretation and administration of disability pensions. It should be further noted that after sufficient review of the manner in which these amendments are transplanted into administrative actionandthey do not produce they required results that both labor and management in their respective advocate positions shall reopen and renegotiate those items which are not producing the rc'cluirtect results when the respective parties go back to the collective bargaining table in April of 1916. Page 7 of 7 ctn. C)F MI • Lr,r�t INTER -OFFICE MEMORANDUM TO. rROM The honorable Members of the City Commission John Lloyd CItyyAttorne February 6, 1975 Pension Ordinance Amendments On January 23, 1975, the City Commission passed on first reading • the pension ordinances presented at that time. The pension ordin- ances to be presented to the City Commission at its meeting of February 12, 1975 are substantially the same as those previously presented. However, in order to better clarify certain provisions, the following changes have been suggested and are contained in the ordinances that are to be presented to you at the February 12th meeting: Words stricken through shall be deleted. Underscored words constitute the change from the ordinance as presented at the first reading. I. ORDINANCE A (11) "...The board may periodically require of its mem- ber receiving a disability pension, on a form approv- ed by the board for such purpose, a statement of salary and type of employment." (12) "...If the employee fails to pay back the contributions, then he shall not be entitled to creditable -service time for the period he was receiving a disability retirement allowance." (12.1)"...If any disability beneficiary in receipt of dis- ability retirement allowance is found by the board, prior to his minimum service -retirement age, to be no longer incapacitated but is not restored to ser- vice as a member in the classification from which he was retired because of his own refusal to accept employment offered to him, his disability retirement allowance shall be terminated." The Honorable Members of the City Commission February 6, 1975 II. ORDINANCE B (1) "Any member who has been granted any retirement whatso- ever shall not be entitled to a return of his or her con- tributions, unless the member is eligible for the benefits of option 6(a) under Section 2-91(14) which provides for a return of contributions; or in the event a member is entitled to a return of excess contributions under Section 2-91(2) (c) . There shall be no return of con- tributions to any persons entitled to receive an acci- dental disability retirement allowance. Nothing herein shall be construed to deprive the spouse of a deceased member of his or her ordinary clath beneit or acciden- tal death benefit hereinabove set fora:." III. ORDINANCE C (a) "Upon application of a member or the head of the depart- ment any member who has been totally and permanently incapacitated for duty prior to his attaining the age of 60 as the natural and proximate result of an accident occurring while in the actual performance of duty, at some definite time and place witheae-gress-negligenee en -his -part, shall be retired for accidentally -incurred disability;..." IV. ORDINANCE D This ordinance was the subject of considerable discussion at the January 23rd meeting due to the ambiguity created in the meaning of the word "spouse". Three proposals con- cerning this ordinance are presented for your consideration. (c) "Upon the death of any member who has received an ac- cidental disability retirement, the spouse of said mem- ber who was nominated and designated by the member on the date of retirement as said member's spouse shall receive the payment of an amount equal to forty (40) per cent of the member's monthly retirement allowance during the lifetime of said spouse." (c) "Upon the death of any member who has received an ac- cidental disability retirement, the spouse of said - Page 2 of 5 - The Honorable Members of the City Commission February 6, 1975 member who was nominated and designated by the member on the date of retirement as said member's spouse shall receive the payment of an amount equal to forty (40) per cent of the member's monthly retirement allowance during the lifetime of said spouse. 'Spouse', for the purpose of this section, shall mean the husband or wife of a deceased member. Such status shall continue un- til the survivor dies or remarries." (c) "Upon the death of any member who has received an at- cidental disability retirement, the spouse of said mem- ber who was nominated and designated by the member on the date of retirement as said member's spouse shall receive payment of an amount equal to forty (40) per cent of the members monthly retirement allowance during the lifetime of said spouse. 'Spouse', for the purpose of this section shall mean the husband or wife of a deceased member. Such status shall not be terminated by reason of remarriage, and the survivor shall be entitled to the benefits of this section during his or her life- time." V. ORDINANCE G 6(h) "When, in the opinion of the Board of Trustees, the trust is subject to financial loss due to the possib- ility of criminal or fraudulent acts of any person or firm, then the Board of Trustees shall require a fidel- ity bond to be posted in an amount sufficient to pro- tect the interest of the trust." VI. ORDINANCE H (2) "The first meeting of the board created herein shall take place within 30 days from the date providing for the election of members to said board as herein- after provided." (13) "The board shall submit to the City Commission annual- ly a report showing the fiscal transactions of the Retirement System for the year ending on the preceding - Page 3 of 5 - The Honorable Members of the City Commission February 6, 19/5 December 31st, the amount of the accumulated cash and securities of the system and the last balance sheet showing the financial condition of the system by means of actuarial valuation of the assets and liabilities of the system. Said information and reports shall be submitted to the City Commission no later than July 1st of each year, commencing in 1976." (14) "The board shall designate and select an actuary who shall be the technical advisor to the board in mat- ters regarding the operation of the funds created by the provision's of this ordinance, and shall perform such other duties as are required in connection there- with. The actuary shall be directly responsible to the board. The contract providing for employment of the actuary shall be subject to the approval of the City Commission and shall provide that the actuary may be removed by a majority vote of the Retirement Board." (16) "At least once (1) in each three (3) year period the board shall cause an actuarial investigation to be made into the mortality, service and compensation experi- ence of the members and beneficiaries of the Retirement System..." VII. ORDINANCE I (a) "Upon application of a member or the head of the depart- ment, any member who has been totally and permanently incapacitated for duty prior to his attaining the age of 60 as the natural and proximate result of an acci- dent occurring while in the actual performance of duty, at some definite time and place witkeat-gress-aegligefee eta -his -part, shall be retired for accidentally -incurred disability;..." VIII. ORDINANCE J (2) "The first meeting of the board created herein shall take place within 30 days from the date providing for the election of members to said board as hereinafter provided." - Page 4 of 5 - The Honorable Members of the City Commission February 6, 1975 IX. ORDINANCEK The only change in this ordinance is reflected in the title. The corrected dates are "October 1, 1974" and"December 31, 1974" respectively as they appear in said title. 3'5L/RAs/c s - Page 5 of 5 -