AGENDA ITEM SUMMARY FORM
* File ID: #5434
Date: 01/24/2019 Requesting Department: City Manager's
Office
Commission Meeting Date: 02/14/2019 Sponsored By:
Type: Ordinance District impacted: All
Subject: ify - Gese Pension
PURPOSE OF ITEM:
An ordinance of the Miami City Commission Amending Chapter 40/Article Iv/Division 3
of the Code of the City of Miami, Florida, as amendad, entitiad “PersannelPensionand
Retirement Plan/City of Miami General Employees’ Sanitation Employees Retirement
Trust,” more particularly by amending Sections 40-241 and 40-255, entitled “Definitions”
and “Benefits,” respectively, to amend the multiplier and the Rule of (70) Retirement;
containing a severability clause; and providing for an immediate effective date.
BACKGROUND INFORMATION:
Pursuant to Resolution No. 17-0503, adopted on October 26, 2017, the City
Commission approved a Collective Bargaining Agreement between the City of Miami
(City") and the employee organization known as the American Federation of State,
County, and Municipal Employees, AFL-C1O, Local 871, for the period of October 1,
2017 through September 30, 2020, which modified certain benefits of the collective
bargaining unit.
Pursuant to Resolution No. 18-0413, adopted on September 27, 2018, the City
Commission approved a Collective Bargaining Agreement between the City and the
employee organization known as the Miami General Employees American Federation of
State, County, and Municipal Employees Local 107, AFL-CIO for the period of Cctober
4, 2017 through September 30, 2020 and the Memorandum of Understanding (“MOU")
concerning the pension multiplier dated August 9, 2018, both of which modified certain
benefits of the collective bargaining unit.
Therefore, it is necessary to amend Chapter 40, Article IV, Division 3 of the Code of the
City of Miami, Florida, as amended (‘City Code"), to reflect said changes.
Budget Impact Analysis
Item is an Expenditure
Item is NOT Related to Revenue
Item is NOT funded by Bonds
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Enactment Number
File Number: 6434 Final Action Date:
AN ORDINANCE OF THE MUA CITY COMMISSION AMENDING CHAPTER
40/ARTICLE IVIDIVISION 3 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS
AMENOED. ENTITLED "PERSONNEL/PENSION AND RETIREMENT PLANICITY OF
MIAMI GENERAL EMPLOYEES’ SANITATION EMPLOYEES RETIREMENT TRUST.”
MORE PARTICULARLY BY AMENDING SECTIONS 40-241 AND 40-265, ENTITLED
“DEFINITIONS” AND “BENEFITS,” RESPECTIVELY, TO AMEND THE MULTIPLIER AND
‘THE RULE OF (70) RETIREMENT; CONTAINING & SEVERABILITY CLAUSE, AND
PROVIDING FOR AN IMMEDIATE EFFECTIVE DATE.
WHEREAS, pursuant to Resolution No, 17-0503, adopted en October 26, 2017, the City
Commission approved a Collective Bargaining Agreement between the City of Miami (‘City’)
and the employee organization known as the American Federation of State, County, and
Municipal Employees, AFL-CIO, Locel 871, for the period of October 1, 2017 through
September 30, 2020, which modified certain benefits of the collective bargaining unit; and.
WHEREAS, pursuant to Resolution No. 18-0413, adopted on September 27, 2018, the
City Commission approved 2 Collective Bargaining Agreement between the City and the
employee organization known as the Miami General Employees American Federation of State,
County, and Municipal Employees Local 1807, AFL-CIO for the period of October 1, 2017
through September 30, 2020 and the Memorandum of Understanding ("MOU") conceming the
pension multiplier dated August 9, 2078, both of which modified certain benefits of the collective
bargaining unit; and
WHEREAS, it is necessary to emend Chapter 40, Article IV, Division 3 of the Code of
the City of Miami, Florida, as amended ("City Code"), to reflect said chang
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Ordinance are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. Chapter 40, Article IV, Division 3 of the City Code in the following particulars:*
"CHAPTER 40
PERSONNEL
ARTICLE IV, PENSION AND RETIREMENT PLAN
' Words andior figures stricken through shall be deleted. Underscored words andr figures shall be
added. The remaining provisions are naw in effect and remain unchanged. Asterisks indicate omitted and
hy of Rear Tite Sasa (Revision) Printed On! BOEOTSDIVISION 3. CITY OF MIAMI GENERAL EMPLOYEES’ AND SANITATION EMPLOYEES’
RETIREMENT TRUST
‘Sec. 40-241, Definitions.
The following words and phrases as used in this division shall have the following
meanings:
Average final compensation shell have @ meaning dependent upon the date of hire and
the date of termination of service of the member. The periods of time far which average final
compensation is determined are:
(a) For members wno became employed before May 24, 1964, and whose active
membership in the Plan did not caase before May 23, 1985. In the case of such
members, average final compensation shall mean the highest campensation of that
member during any one year of membership service. The highest one year of
‘compensation shall not exceed the second highest year of compensation by more
than 15 percent excluding any difference due to longevity, anniversary and negotiated
‘cost of living increases. The term "year shall be calculated using the highest 12
months of compensatian, but the months need not be consecutive
average-of the highest four-years- of membership-servioe-and4F or members who
retire on or after Octeber 1, 2012, the average of the highest five (5) years of the last
ten (10) years of membership service. Provided, in no event shail the average final
compensation of any member who is empiayed on September 30, 2010 and retires
on of after October 1, 2010, be less than the member's average final compensation
as of the date of the plan change.
4, 2018, average final compen: 7 hi
one (1) year of compensation,
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