HomeMy WebLinkAboutSummary Form FRAGENDA ITEM SUMMARY FORM
FILE ID: 15-01010
s
Date: July 6, 2015 Requesting Department: Finance
Commission Meeting Date: 09/10/2015 District Impacted:
Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Required IRS Regulations update to the FIPO Ordinance
Purpose of Item:
Law Department
Matter ID No.
The purpose of this item is to update ARTICLE IV, DIVISION 2—CITY OF MIAMI
FIREFIGHTERS' AND POLICE OFFICERS' RETIREMENT TRUST pursuant to required changes
under IRS Regulations.
Background Information:
In order for the FIPO pension to continue be a qualified plan the recommended changes to Artile IV,
Division 2, CITY OF MIAMI, FIREFIGHTERS' AND POLICE OFFICERS' RETIREMENT
TRUST.
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:
CIP Project No.-
NO
o:NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
If using or receiving capital funds
Grants
Final Approvals
Bu
Risk Management
Purchasing Dept. Director
Chief City Manage
Page 1 of 1
i,6