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ORDINANCE NO.,84�,�';
AN ORDINANCE PROVIDING POR AN, ADJUSTMENT
E 'FECTIVt AS OE OCTdBER i, 197 r IN Z'HE
'PEN`SIONS OF ALL ttNtrICIARIES OF THE t�IAMI
CITY EMPLOYEESi RETIttEMENT SYSTaM AND OF'
THE MIAMI CITNE1iAL EMPLOYEES t . RETIRE=
MEN' PLAN SO THAT.AS,RESPECTS EACH BENE-
'TCIARY:AS OF.SUCH DATE, THE PENSION BENEFIT.,
SHALL BE INCREASED BY -AN AGGREGATE AMOUNT
DETERMINED BY INCREASING THE PENSION BENE-
FIT BY THREE-QUARTERS OF ONE PERCENT (3/4
OF 1%).OF THE PRESENT BENEFIT FOR EACH .
YEAR SINCE, THE RESPECTIVE DATE OF RETIRE
- MENT FOR' EACH BENEFICIARY AND PROVIDING
THAT THE AMOUNT OF EACH SUCH INCREASE
SHALL BE ADDED TO THE PRESENT PENSION.
BENEFIT,'AND THE RESULTING AMOUNT SHALL
HENCEFORTH BE PAYABLE ON A MONTHLY BASIS;
AND BY FURTHER.PROVIDING-THAT FOR.PURPOSES:
OF APPLYING THE.ORDINANCE PROVISION OF
ORDINANCE.NO.'7798, ADOPTED SEPTEMBER 25,-1969,
'PERTAINING'TO VARIABLE ,UNITS OF RETIRE-
MENT INCOME, THE ADJUSTED PENSION BENE
FIT'AS'HEREINABOVE DETERMINED 'SHALL BE
USED. AS BASE MONTHLY RETIREMENT,ALLOW-
ANCE FOR THE COMPUTATION OF BENEFIT .
CHANGES, IF ,ANY, WHICH ARISE BY REASON
OF CHANGE.IN THE VALUE OF VARIABLE UNITS,•.
REPEALING ALL ORDINANCES, CODE SECTIONS
OR PARTS THEREOF.IN CONFLICT. ,'INSOFAR
AS THEY ARE IN CONFLICT; CONTAINING A'
SEVERABILITY PROVISION ;;DECLARING THIS:
ORDINANCE TO BE AN EMERGENCY MEASURE; AND
DISPENSING WITH THE REQUIREMENT 'OF, READ-
ING THE SAME ON,TWO SEPARATE DAYS BY A
. VOTE OF. NOT LESS THAN FOUR -FIFTHS OF '
THE MEMBERS OF THE COMMISSION.
WHEREAS, the maintenance of a loyal force of city
employees is essential to the order and well-being of the
citizens of this municipality; and
WHEREAS, the City Commission has constantly expres-
sed its concern for city employees and the problems faced by
these employees; and
WHEREAS, it is only through genuine and continuing
consideration for the city empd-oyee, before and after .hi$.or
ie retifeftietit that "the city is able to achieVe a high feteft
tiotl 1etel of City e11p1oyees Oh its Mirk force; and
WIMAtA8# the sums redeived by beneficiaries of. the
Miami City Employees' iietlretnet&t 8ystein at'id of the Miami
City cetieral Employees' Retirement Plan have previously been
adjusted for the purpose of recognizing a steady: and sizeable
cost of living increase that has taken place since the date
said beneficiaries became a"beneficiary; and
WHEREAS, the sums presently being." paid to beneficiar-
ies because of the increase that has taken place in the cost
of luting since -the last previous adjustment in pension bene-
fits, are totally inadequate to provide the -compensation earned
by the retired employees; and
WHEREAS, an emergency presentlyexists and it is
necessary that an increase in the pension allotment be gran-
ted to the retired employees due to the spiraling cost of liv-
ing that has occurred;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF
THE CITY OF MIAMI, FLORIDA:
Section 1. Effective as of October 1, 1975, the
pensions of all beneficiaries of the Miami City. Employees'
Retirement System and of the Miami City General Employees'
Retirement Plan shall be adjusted so that, as respects each
beneficiary as of such date, the pension benefit shall be in-
creased by an aggregate amount determined by increasing the
pension benefit .by three-quarters of one percent (3/4 of 1%0)
of the present benefit for each year since the respective
date of; retirement for each beneficiary, The amount of each
such increase shall be added to the present pension benefit,
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-And the resulting . afllount . shall henceforth be payable oh a nohth1
basis s
Section 24
Por'purposes of applying the ordihanoe
ro iision of Ordinance Not 7798, adopted September . 25, 1969,
pertaining to variable units of retirement income, the adjusted
pension benefit as hereinabove determinedshallbe used as
the base monthly retirement allowance for the computation of
benefit changes, if any, which arise by reason of change in
the value of variable units.
Section 3. All ordinances,
thereof in ,conflict herewith, insofar
are hereby repealed.
Section 4.
code sections or parts
as they are in conflict,
If any section, sentence, clause, phrase,
or word of this ordinance is for any reason held or declared.
to be unconstitutional,
or invalidity shall not.
ordinance; and it shall
inoperative, or void, such holding
affect the remaining portions of this
be construed to have been the intent
of the Commission of the City of Miami to pass this ordin-
ance without such unconstitutional, invalid, orinoperative
part therein, and the remainder of this ordinance, after the
exclusion of such part or parts shall be deemed and held to
be valid as if such parts had not been included therein.
Section 5. This ordinance is hereby declared to
be an emergency measure on the ground ofurgent public need
for the preservation of peace, health, safety, and property
in the city of Miami.
Section 6, The requirement of reading this ordinance
on two separate days is hereby dispensed with by a vote
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Of floc ieda tha? fotir-fifthd Of the terijafs of the Coil i' i sgi 3h:
PASStb AST AboPTtb by trilt otitt t ii ._ S'f,N_ day cif.
ATTEST:
CITY CLERK
PREPARED AND APPROVED BY:.
144,
RONALD A. SILVER
Assistant City Attorney
.APPROVED AS TO, FORM AND,CORRECTNESS:
AAcKAIA
OHN S LLOYD
City, Attorney
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