Legislation Details

File #: #O1866    Version: Name: Police Officers’ Retirement Plan and Trust Fund to establish a Partial Lump Sum Option Payment (PLOP) and update provisions related to the Deferred Retirement Option Plan (DROP
Type: Ordinance Status: Agenda Ready
File created: 4/8/2026 In control: CITY COMMISSION REGULAR MEETING
On agenda: 5/20/2026 Final action:
Title: SECOND READING of Temp. Ord. #O1866 amending Chapter 15, Article IV, of the City Code of the City of Miramar governing the Miramar Police Officers' Retirement Plan and Trust Fund; amending Section 15-222 - Duration; survivor benefit; optional forms of benefit payments; naming multiple beneficiaries; clarifying language regarding alterations to forms of retirement benefits and creating partial lump sum benefit options; amending Section 15-223, Deferred Retirement Option Plan; updating provisions to remove language that is no longer applicable and updating provisions in accordance with other language in the plan; providing for severability; providing for codification; providing for repeal; providing for correction of scrivener's errors; and providing for an effective date. (Passed 1st Reading on 05/20/26) (Human Resources Assistant Director Heather Dailey)
Attachments: 1. TO1866 - 2nd Reading- Police Officers' Pension Plan - PLOP, 2. O1866 - 1st Reading - Police Officers' Pension Plan - PLOP with backup

CITY OF MIRAMAR

PROPOSED CITY COMMISSION AGENDA ITEM

 

Item Description:

Title

SECOND READING of Temp. Ord. #O1866 amending Chapter 15, Article IV, of the City Code of the City of Miramar governing the Miramar Police Officers’ Retirement Plan and Trust Fund; amending Section 15-222 - Duration; survivor benefit; optional forms of benefit payments; naming multiple beneficiaries; clarifying language regarding alterations to forms of retirement benefits and creating partial lump sum benefit options; amending Section 15-223, Deferred Retirement Option Plan; updating provisions to remove language that is no longer applicable and updating provisions in accordance with other language in the plan;  providing for severability; providing for codification; providing for repeal; providing for correction of scrivener’s errors; and providing for an effective date. (Passed 1st Reading on 05/20/26) (Human Resources Assistant Director Heather Dailey)