HomeMy WebLinkAboutO-08469`AN ORDINANCE'AMENDING CERTAIN SUBSECTIONS
OF THE MIAMI CITY EMPLOYEES' RETIREMENT
SYSTEM (ORDINANCE NO. 22304 DECEMBER 64 19393
AS AMENDED) AND THE MIAMI CITY GENERAL
-EMPLOYEES' RETIREMENT PLAN, (ORDINANCE NO, 56243
MAY 23 1956, AS AMENDED); AS APPEARING IN
CODIFICATION FOR AS A PART OF CHAPTER 2
OF THE CODE OF THE CITY OF MIAMI, FLORIbA,1957, -
AS AMENDED, MORE PARTICULARLY AMENDING SUB-
SECTIONS (d) 2 AND (e) OF SECTION 93 OF
SAID CHAPTER 2'AND SUBSECTIONS (d) 2 AND (e)
OF SUBSECTION 110 OF SAID CHAPTER 2:
PROVIDING THAT FOR THE 1975=76 FISCAL YEAR
ONLY THE DOLLAR AMOUNT OF THE CITY'S ACCRUED
LIABILITY CONTRIBUTION SHALL BE CALCULATED ON A
35=YEAR AMORTIZATION BASIS; 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
DISPENSING WITH THE REQUIREMENT OF READING THE
SAME ON TWO SEPARATE DAYS BY A VOTE OF NOT LESS
THAN FOUR -FIFTHS OF THE MEMBERS OF THE COMMIS-
SION.
WHEREAS, the Miami City EmployeesRetirement System
and the Miami City General Employees' Retirement. Plan (Ordin-
ance No: 2230, December 6, 1939, and Ordinance No. 5624, May 2,
1956, as amended) were not included as a portion of the new
Code of the City of Miami, Florida, effective September 1, 1967,
as adopted by Ordinance No. 7585 (July 25, 1967); and.
!WHEREAS, said system and plan now exist in the
codified form as they appear in Chapter 2 of the Code of the
City of Miami, Florida, 1957, as amended, in addition to basic
ordinance form; and
WHEREAS, any addition or amendments to said system
and plan can thus be made byreference to the section designa-
tions as they appear in said Chapter 2 of the Code of the
City of Miami, Florida, as amended:
NOW; THEkEFOkE, 8E IT MAIM SY THE COMMISSION OF
THE CITY OF MIAMI, FLORIDA:
Section 1 The Miami City Employeeshetirement
System (Ordinance No: 220, December 6, 1004 as amended)
as said ordinance, as amended, appears in codification form
as a part of Chapter 2 of the Code of the City of Miami, Florida,
1957, as amended, is hereby amended by amending Subsections (d), 2
and (e) of Section 93 of said Chapter 2, to read as follows:
(d) The regular annual contribution
shall consist of the total of the follow-
ing:
1, The normal contribution
produced by the entry age normal cost
method; and
2. The accrued liability con-
tribution produced by the entry age nor-
mal cost method, which further shall be
determined as the annual payment required
to amortize the accrued liability over
a twenty year period, such period to
commence October 1, 1965, providing, however,
that for the 1975-76 fiscal year only the
dollar amount of the City's accrued liability
contribution shall be calculated on a 35-year
amortization basis.
(e) In the event benefits payable
are increased, the accrued liability at-
tributable to such increase, if any, shall
be determined as the annual payment required
to amortize such accrued liability over
a twenty year period commencing either with
the fiscalyear following the adoption of such
increasedbenefits or such other date as the
board may direct, providing, however, that for
the 1975-76 fiscal year only the dollar amount
of the City's accrued liability contribution
shall be calculated on a 35-year amortization
basis. 1/4/14
Section 2. The Miami City Employees' Retirement
c ',
(Ordinance No. 223(11, Betemhtr�f 493g1,, as amended)
sysstem
as said Ordinance, as amended, appears in codification form
as a part of Chapter 2 of the Code of the City of Miami
Florida, 1957, as amended, is hereby amended by amending
Subsections (d) 2 and (e) of Subsection 110 of said Chapter 2
1/ Words stricken through shall be deleted,
Underscored words constitute the amendment proposed, Remain=
ing provisions are now in effect and remain unchanged,
tb Bead as foilowst
(d)the redular annual Contribution
shall consist of the total of the follow=
ihgt
is the normal contribution
produced by the entry age normal cost
method; and
2. The accrued liability con-
tribution produced by the entry age nor-
mal cost method, which further shall
be determined as the annual payment re-
quired to amortize the accrued liability
over a twenty-year period, suchperiod to
commence October.1, 1965, providing, however,
that for the 1975=76 fiscal year only the
dollar amount of the City's accrued liability
contribution. shall be: calculated on a 35-year
amortization. basis+
(e), In the event benefits payable
are increased, the accrued liability
attributable to such increase, if any,
shall be determined as the annual pay-
ment required to amortize such accrued
liability over a twenty-year period commencing
either with the fiscal year following the
adoption of such increased benefits or such
other date as the board may direct, providing,
however, that for the 1975-76 fiscal year only
the dollar amount of the City's accrued liability
contribution shall be calculated on a 35-year
amortization basis. 2/
Section 3, All ordinances, code sections or parts
thereof in conflict herewith, insofar as they are in conflict,
are hereby repealed.
Section 4. If any section, sentence, clause, phrase
or word of this ordinance is for any reason held or declared
to be unconstitutional, inoperative or void, such holding
or invalidity shall not affect the remaining portions of this
ordinance, and it shall be construed to have been the intent
of the Commission of the City of Miami to pass this ordinance
without such unconstitutional, invalid, or inoperative 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 of urgent public need for
the preservatibh of peace; healthi 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 of not
less than four -fifths of the members of the Comnission,
PASSED AND ADOPTED BY TITLE ONLY this 26 day
of SEPTEMBEP _ , 1975,
MAURICE At FERRE,
MAYOR
APPROVED AS TO FORM AND CORRECTNESS:
Page 4of4
15-95
tvC)
RESOLUTION
A RESOt iTION CORRECTING A \fl ER' S ERt2OIt
CoNTAINED IN SECTION 2 or ORDINANCt NO, 8469,
MASSED }3Y THE CITY coMMISSIOt' or TH8 CITY
OF MIAMI, BERTEMBER 25 j 1915 ;, 7 b DI}iECTINd
THE CITY. dlltA ( or THE CITY' OF MtAMI To 1 EC0RD
THE CORRECTION TO SAID ORDINANCE; NUNC 1'RO
TUNC .
WHEREAS, the City Commission of the City of Miami
passed Ordinance No. 8469 on September. 25, 1975; and
WHEREAS, a scrivener's error is contained in Section 2
of Ordinance No. 8469; and
WHEREAS, the title to said Ordinance No. 8469 was
and is correct in every respect; and
WHEREAS, it is the desire, of the Commission of the
City of Miami to correct the scrivener's error contained in
Section 2 of Ordinance No. 8469 nunc pro tuncand
WHEREAS, the amendments and _ section numbers referred
to in Section 2 of Ordinance No. 8469 are correct :in every
respect; and
WHEREAS; the only error contained in Section 2 of
Ordinance No. 8469 is with regard to the reference to the
Miami City Employees' Retirement System, instead of the Miami
City General. Employees' Retirement Plan and the effective
date. thereof; and
WHEREAS, the correction of said scrivener's error
•
does not affect in any way the intent of:the City of Miami
Commission, , but is entirely consistent therewith when said
ordinance was passed;.and
UftE;iL, . the pottioh of . Sedtibh 2 Of Otdilia it e
Which is ih heed of dottection? reads as fo1loWs:
Section 2 $ The %iia 'i%Git _E ? ?lo' es'
Retirei ent SVstetn„ (Ordinandei\To$_....223Q�. ,De=
5etbeir`,.G,.:...1939$.....',as_._amehded)1as Said Ordihv
ance, aS amended? "appears in codificatioh
form as a part of Chaptet 2 of the Code of
the City of Miami, Florida? 1957, as amended,
is hereby amended by amending Subsections
(d)2 and (e) of Subsection 110 of said
Chapter 2 to read as folloWs:
WHEREAS, that portion of Section 2 of Ordinance,
No. 8469 which is'in need of correction should read as fol-
lows :
Section 2. The Miami City General
Employees' Retirement Plan (Ordinance No. 5624;
May 2, 1956, as amended)2 as said Ordinance,
as amended, appears in codification form
as a part of Chapter 2 of the Code of the
City of. Mianii, Florida, 1957, as amended,
is hereby amended by amending Subsections
(d)2 and (e) of Section 110 of said Chapter 2
to read as follows:
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION
OF THE CITY OF MIAMI, FLORIDA:
Section 1. That the City Clerk is directed to
record the correction to Section 2 of Ordinance No. 8469 nunc
pro tunc, which shall read hereinafter as follows:
Section 2. The Miami City General Em-
ployees' Retirement Plan (Ordinance No. 5624,
May 2, 1956, as amendedi gas said Ordinance,
as amended, appears in codification form as
a part of Chapter 2 of the Code of the City
of Miami, Florida, 1957, as amended, is hereby
amended by amending Subsections (d)2 and
(e) of Subsection 110 of said Chapter 2 to
read as follows:
lTh•is refers
need of change.
2This refers
corrected.
to the portion
to the portion
page 2 . of 3
of Section 2 which is in
of $e tion 2 which is
PREPARED AND APPROVED BY:
APPROVED AS TO FORM. AND CORRECTNESS:
'MIAMItVIEW
ANb bAILY tikcdRb
Published t)aily r cep! SotuFrinyt Sunday and
Legal holidays .
Alinrnii l)mle G'otihtyr !'lorida.
STALE Ot FLORIbA
boUNtif oF. bAbEt
Before the undersigned authority personally ap-
peered Martha brobnie, who on oath says that She
Is the : V.P., Legal Ads of the Miami Review and
Daily Record, a daily (except Saturday, Sunday end
Legal Holidays) newspaper, published at Miami in
Dade County. Florida; that the attached copy of adver+
tisement, being a Legal Advertisement or Notice In,
the matter of
CITY Off' MIAMI! FLORIDA
RE:
ORDINANCES 8464, `rF1ROUGI# 8469
In the Court,
was published Ih said newspaper in the Issues of
Oc.tobez .:►,:..,�...7.
- Affiant further says that the said Miami Review
and Daily Record it a newspaper published at Miami,
.in said Dade County, Florida, and that the said hews•
paper has heretofore been continuously published' in
said Dade County Florida, each day (except Saturday,
Sunday and Legal Holidays) and has been entered as
second class mail matter at the post office In Miami, •
In said Dade County, Florida, for a period of one year
next preceding the first publication of the attached
copy of advertisement; and affiant ,further says' that
the has neither paid not promised any person, firm
or corporation any discount, rebate. commission or
refund for the purpose oL ecuring this advertisement
for publication In,.....said-newspaper.
(--„71L ‹'-1,:t1I.LeF,S-k- 4
•
' sworn tot end i suoscribed bears me this
dey af..l......t�;�Aih:tw�..�LA.l t 19..7,5...
� n r Bett,)✓Je, Brooks
,t( Lary !Pubile,"•State.of Florida at Large.
(SEAL) ,ti-
My commission expires -June' 1; 1979.
&d: i$9
?cif- ,tt.l•
t1.11ii t91t• i i; i•1,
i.t:t;.tL tbttrF:
intat•!at»ri 'Will t:ik4 h.5tka
that cm thn 3ith ritty rat c+pt!trn=
},+•r, 1 5 th' City C'ritttrni:+ainh
Al!anii, Florida ntIt,pttd the tart=
:it:. t +.rlih:lncEL:
OntiiNANCE NO. 44..1
AN' ()+:ii[,,,.\Nrt at:1i:INr,
APP1`ONi:I:iTioNS F' t) 1t
ir11F: F•t4t ,Al. YEAR 'EN))-,
INt; cc:FTr.MBElt 7M, 1974,
Yftl)V([)iNr; THAT IF ANY
SECTION C'I:At.•S F: OR
St UErrr0N SIL.\LA. BE
1)F:CL.\itt.:tl rNcoNsl'ITr=
T?r)NAI., IT SHALL. NOT.
AFFECT EC'T THE BENTAINtN+t
1.1-tovnzli)N 1:EF'FAT,iN!':
1LI, OHT)iN \SCES.. ()!
PARTS" 01' .o11DINANt'i
IN CONFLICT TIEREWITI(."
DEC'L.ii:I`O THIS ORDT-
N ANCE TO' HE AN EMER• ,
t;F:N(7Y .`.MEASt:RE AND BY
A F•OUE:-rrPrfiS VOTE OF`
THE MEMBERS OFTHE
• CITY +:o\t�ltti. toN, I)IE•
1•t:Ne- 1N,; %'t'VTT THE RE,
QUIrtr.31F:N'T OP T:b:.AtMN(
TIUS ORDINANCE oN TWO
'SEPARATE 1)Al'8.
ORDINANCE NO. 5i•i3
.\N OP..DIN.iNCE DEFINING
AND bESrGNATINCI Tlit
Th:RR1TORiAL Li'AHTS OF
THE CITY OF IkIIAMi 1.OR
THE PURPOSE OF TAXA-
T;ON: FIXING THE 1I11,L-
AGE ANI) LEVYING TAXES,
IN THE CiTY OF '1i1AM1.
FLLOTttDA. POR .111r.
FtS-
CAL' YEAR BEGINNING OC-
1Y=T1F:FT 1. 1in3. AND END
1N1 SEPT EMBER :I). 1976,
Pi'.OVlDT:a: 711A'1• II; ANY
SECTION. CLAUSE OR SUB-
SECTION SHALL BE' DE.
CL.ARED UNcox.s1-i'1•U-
TTONAL.IT SHALL -NOT
AFFECT THE REMAINING
-PROVISIONS; DF:CI.AIVING;
TIIIS ORDINANCE TO • }:Ts'
A': EMERGENCY "AtEAS-
t'TtE: .1ND BY A FOUR
F'iFTH3 " VOTE OF THE
•11T:MHERS OF THE' CiTY
COMMISSION DISPENSiNG;
Wrrll THE REQUIREMENT
OF Y.F:.ADiN(, THIS ORDT-
N.\NCI•: ON' TWO yE P=
.ABATE. DAYS.
01:DiNANCE NO, S4(14
AN ORDiNANCE \I.AXIN(
APPRC)NRLATIONS O F
FEDERAL' it E V E N LT E
Si1.ARINr; FUNDS RE-
CEIVED IN.,Ti(l:-AMOUNT
OP f,9,•1.S1,11.i2 FOR TILE
FISCAL YEAR ENDING
SEPTEMP.:oft :,a: 19rt; P tO-
} VIIMNt; THAT IF. ANY SEC.
TiON. CLAUSE, OR St:B-
$ECTIUN SHALL BE DE
I C(.:A}ED UNCONSTITU-
TIONAL. IT SHALL 'NOT
AFFECT 'THE I:EMI.IINING
I _ PROVISIONS.. REPEAL}NCI
.ALL - ORDINANCES.' OR
PATtTS OF ORDINANCES TN
CONFLICT HEREWITii.
DECLARING THIS ORDI-
NANCE TO BE AN EMER-
OE NCY MEASURE AND. BY
'A FOUR -FIFTHS VOTE OF
THE MEMBERS 'OF.THE
CITY COMMIS.TON, DIS-
I'1•:NS1Nc: WITH' THE RE-
QLTIR,T•:MENT OF READING.
TIIIS ORDINANCE ON TWO
ilEP:ARATE DAYS.
ORDINANCE .NO. S4n'7
AN F:MERG ENCY ORLl-
NANCF' AMENDING MDT,
NANCE NO. SS71. TILE
CCTSTPItEliF.NSIVE /.0,NING
ORDINANCE FOR TILE
CITY OF ARTICLE
XxIX - ADMINISTRATION
'•CF.i;TIF:C.ATES 11,E-
OCIRE:D 11Y PROVIDING
THAT THE INSPECTION
AND SERVICE FEE' FOR
' S A I D CERTIFICATES
1IALI. BE v.0.u) E:FFEC,.
TIVE '017TOBt:it '1,, 1913;
I:E VE.AL1NQ ALL OHDI-
N ANC'ES,' CODE $l;t.TioN$
fill P.1I1T$ TIt9.l;EOF I4
CONF1,;C'r. IN C)F. It AS
' THEY A;;F, CONFLICT,
CONTAINING .a SGVFP,_x
AI:ILITY 3'Rl)V1SI0`.
OithtNA`CE ;o. t4.13
AN ??*SiEi?GF:NCY.._ OYb1=
�A rE _ AIxE.?bank. Bt♦G°-
T TON , i `r ANii !; OF
o1?hiN tNt: No, 6113, 'lam
A+tE:NtiP:h $ V , omit,
\ANCES NOS, 1'7Ft, • 7cO2,nit l
Str19. 'BY REPEALING THE
FEE soli ED1Tt:r., ,r}S CON=
'rAtNt b TtiEREIN ANn
t.:k:.ActiNet• A NEW .FEE
SCT;Ebt'L9: " It*::PF.ALIXr.:
ALL b1:DtNANCFS. itF:5r7=
t,CTIONs" OP. F!A11TS OP
IPDTNA`:1'r IN CON
FLTCT itF:REWI'1•Ft: CON,
'PmNINO A srA•ER AFtt,tT1'
rnoviSioN: DISPr.NSINfi
WITTI THE I:E;I?titr`tF:M EMT
,or t1EADrNr, TttDA ORbt-
N:iNCF: ON TWO SEP_\Y.=
Att.: 1t,\Y $ Its'A i'C► i'r 1)F"
NOT LESS TITAN T01711-
'F'TFTTti OF THE AiT:11YT:RS
OF TTt$ coAililriitoNt
PFt0V1hiNCt \N ' EF'ri:C• .
TIVE DATE.
' . Otrt)1NANCE NO. Sltin
AN (l;?i11N kNCIl \•Nti-.Nti..
INC cl.T:TATN. Si:BSEC:
TIONS . OF THE NI}A:ltt-
CITY ESit'LOYEE3` RE+
tins:Mfi:NT SYSTt:kt foR=
DINANCE NO. 2220. DECEM= -
BER 6. t939. AS AMENDED)
AND 'THE MI.AMI ' CITY
OENERA L EMPLOYEES'
RETIREMENT PLAN. (OR.
DINANCE NO. te;:'i. 3tAY 2.
ilea;. AS _AMENDED): AS
APPEAFt1NC IN CODIFICA-
TION FOIL AS 'A PART OP,
CHAPTE1t 2 OF.THE CODE
• OF TILE CITY. OF' y11AttI,
FI,0111 DA. '1ai7. A S
AMENDED. MORE 1'ARTIC=
1'1.AIRLY AMENDING. St P.-
SEC:TIt7NS td) 2 AND to OF
' SECTION III OF SAID"LafAP=
' TER 2 ANI) SUBSECTIONS
Id) 2 ANI) i.- OF SL`BSEC•
TION 110 OF' SAID CHAP-
TER 2: PFtOVIDINC THAT
FOR THE 110-76 FISCAL '
YEAR ONLY•TTIE DOLLAR
AMOI:N'V OF THE C1TY'S
•\CCRUED LIABILITY. CON-
'rp.l 3rTtoN SHALL BE
CAI-CULATED' ON A 'ti-
' Y E A R ' AMORTIZATION
BASIS: ' REPEALING ALL
ORDINANCES. CODE SEC-
TIONS OR PAFITS THERE-
OF IN CONFLICT. INFO•
•F.%it .Ait THEY ARE 1N
CONFLICT: . CON'I•AINiN(1
A SEVERABIL1TY- PROV1=
SiON: DECLARING: TIIIS
ORDINANCE TO i$E AN
EMERGENCY NIF..ASUI?E:
DISPENSING •WITH • •T11F:•
REQUIREMENT, OF P.E.'D• '
INC THE • SAME ON .TWO
SEPARATE • DArs FIT A '
V01 F: OF NOT LESS TT4AN
FOUR -FIFTHS OF ' THE
MEMBERS' OF THE COM-, "
111SST0N.
11. 0.' SOUTHF:TtN
, ' CITY CLERIC..'''.,
' CITY -OF 4IIA\li; • ;
FLORID.• -
Pubiicatirm of this notice on th.'
s day of Oember. I973,,
1+)IS .' 'I 101.312
•
SPECIAL "ILLW WAD
PtAIS1071. W:4 SECIJRI7- ROT' MSURAME
Original Amos
Penicr
S8046.999
1,550.000
_L!/..s221
SI7,352,999
3.369 Nils
A.
LADE
I. Add Exhibit A - Widcw Benefits $160,000
'., Retirees 180,000
2. Add Exhibit B - '. Retirees 130,000
Present Amount
3. Delete Exhibit B- Executive Secretary -18,000
Transfer this to Soecial Programs & Accounts in General Fund
.C68 fli ls
Transfer to General Fund Special Program and Accounts
I. Social Security S1,550.000
2. Group Insurance 1,4EG.04/
Total Rcouirement
S3.006,000
Uundin
I. Transfer to General Furd
.C68 x S3.417,087 '
2. Increase contribution from federal
Revenue Sharing to General Fond by
reducing from the fu!lowino programs:
(a) Ext. of Recreation Program S5,000
(b) nechanization 5,000
(c) 0evelon.of Police Recruit. 10,000
(d) Fire Dcartment 20.000
$4-6-xtiti
.36R Mills
S2,966.032
A0,030
43 006 037
+ $452,000 = S8,798,999
-n-
L
SS ,798 ,99S
2.521 Mills
9/25/75
Co tributto Pension
Trust Fund
Salaries
Actuarial tie
'•'edical Services
tank fees
Reir.burser.:frt_ to rFnance
Departrent
Reicbursellent t J Law
Lepartmont
T'i sce1laneou
Auditinc: Fees
Postage
Tel
Print St ci;
Printinr -
'tla ntemin,:e Contracts
Repairs, [c;ui>>.. S..pplies
Travel
Misc. Contra t u. '
Office Surrlies
Misc. ci t i eJ
Sundry
Ad 1'alc+-e:::
Fund Balance
c 6,000
2,250
75
2, (7t00
47
125
827
25
2,000
25
30
1G.954,
PENS ION
1975-76 PROPOSED BUDGET
$7,913.798
76,977 (elctc EXHIBIT B - Exec.Secretary
16.700 L..
15,500
224,450
62,619
22,G01
14,954
SE,346,999
RCl�f.1)11[S
Sv-,614,476
f', 798, 999
(2.521 @ $3,417,037 = S8,614,476)
WRB . ova
1. Add EXHIBIT A - Widow Benefit 5160,000
- ' Retirees 180,000
2. Add EXHIBIT B - ';;' Retirees 130.000
PRESS T ;,1•,Ot;1tT 470;o S8,383,798
-18,000D
5:I,977
16,700
15,503
224,450
62,519
22,001
14,954