File #: #O1760    Version: Name: TO1760 Early Retirement Incentive for GE & Management Plans
Type: Ordinance Status: Agenda Ready
File created: 8/17/2020 In control: CITY COMMISSION REGULAR MEETING
On agenda: 10/28/2020 Final action:
Title: SECOND READING of Temp. Ord. #O1760 amending Chapter 15, Article V, of the City Code of the City of Miramar related to the General Employee Pension Plan; amending Section 15-312(e) to create an Early Retirement Incentive Plan for members within five years of normal retirement eligibility; amending Chapter 15, Article VI, of the City Code of the City of Miramar related to the Management Pension Plan; creating Section 15-355(i) to create an Early Retirement Incentive Plan for management employees within five years of normal retirement eligibility; providing for severability; providing for codification; and providing for an effective date. (Passed 1st Reading on 11/04/20) (Human Resources Director Randy Cross)
Attachments: 1. O1760 - 2nd Reading GE Mgmt Plan Ordinance with Memo (Updated), 2. O1760 - 1st Reading GE Mgmt Plan ERIP Ordinance

CITY OF MIRAMAR

PROPOSED CITY COMMISSION AGENDA ITEM

 

Item Description:

Title

SECOND READING of Temp. Ord. #O1760 amending Chapter 15, Article V, of the City Code of the City of Miramar related to the General Employee Pension Plan; amending Section 15-312(e) to create an Early Retirement Incentive Plan for members within five years of normal retirement eligibility; amending Chapter 15, Article VI, of the City Code of the City of Miramar related to the Management  Pension Plan; creating Section 15-355(i) to create an Early Retirement Incentive Plan for management employees within five years of normal retirement eligibility; providing for severability; providing for codification; and providing for an effective date.  (Passed 1st Reading on 11/04/20) (Human Resources Director Randy Cross)