Ordinance 1458 ORDINANCE NO. 1453
AN ORDINANCE AMENDING ORDINANCE NO. 845 OF THE CITY
OF MIAMI BEACH, FLORIDA, ENTITLED "AN ORDINANCE
PROVIDING FOR THE CREATION AND MAINTENANCE OF A
PENSION AND RETIREMENT SYSTEM FOR CERTAIN EMPLOYEES
OF THE CITY OF MIAMI BEACH, FLORIDA".
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA:
SECTION 1. That Section 2 .26.01 of Ordinance No. 845 of the City of
Miami Beach, Florida, reading as follows:
"2 .26 Service (Length of) : Length of Service shall be determined
as follows:
. 01 For those Employees who, on the first day of July, 1948,
are members of the Pension Annuity and Retirement System
created by Ordinance No. 734 of the City, Length of Service
shall mean that period of service beginning on the day upon
which such Employee first became a Member of the System
created by this Ordinance, together with all service credit
granted to him under the terms of said Ordinance No. 7342 and
ending on the date under consideration, excluding all the
periods, after becoming a Member of this System, during which
such Employee was not in the employment of the City following
resignation, or was employed on a provisional or other
temporary basis during which no contributions to this System
were made. "
be and the same is hereby amended to read as follows:
"2 .26 Service (Length of) : Length of Service shall be determined
as follows:
. 01 For those Employees who, on the first day of July, 1948,
are members of the Pension Annuity and Retirement System
created by Ordinance No. 734 of the City, Length of Service
shall mean that period of service beginning on the day upon
which such Employee first became a Member of the System
created by this Ordinance, together with all service credit
granted to him under the terms of said Ordinance No. 734, and
ending on the date under consideration, excluding all the
periods, after becoming a Member of this System, for which
no authorized contributions to this System were made. "
SECTION 2. That Section 2 .26.02 of Ordinance No. 845 of the City of
Miami Beach, Florida, reading as follows:
"2.26. 02 For all other Employees, who become Members under the
provisions of this Ordinance, after the first day of
July, 19482 Length of Service shall mean that period of service
beginning on the day upon which such Employee first becomes a
Member under the provisions of this Ordinance, and ending on
the date under consideration, excluding all intervening periods
during which such Employee was not in the employ of the City
following resignation, lay-off, suspension, dismissal or
expiration of any term of employment, or was employed on a
provisional or other temporary basis during which no contributions
to this System were made. "
be and the same is hereby amended to read as follows:
"2 .26.02 For all other Employees, who become Members under
the provisions of this Ordinance, after the first
day of July, 1948, Length of Service shall mean that period
of service beginning on the day upon which such Employee first
becomes a Member under the provisions of this Ordinance, and
ending on the date under consideration, excluding all inter-
vening periods for which no authorized contributions to this
System were made. "
SECTION 3. That Section 5. 04. 04 of Ordinance No. 845 of the City of
Miami Beach, Florida, reading as follows:
"5.04.04 Any Employee Member who shall be incapacitated within
the terms of the State Workmen 's Compensation Law, for
the period of such Workmen's Compensation payments, shall have
the privilege of deferring his Disability Retirement Allowance,
and of contributing to this System at the rate and on the salary
basis which determined the amount of his contributions at the
time the incapacity occurred. In the event such election is made,
and such contributions are regularly made, credits shall be made
to his account in the same manner as though he were in active
service with the City. "
be and the same is hereby amended to read as follows:
"5 .04.04 Any Employee Member who shall be incapacitated within
the terms of the State Workmen 's Compensation Law
or any Retirant who is entitled to receive a Disability Retirement
Allowance who shall have been incapacitated within the terms of
said law, for the period of such Workmen's Compensation payments,
shall have the privilege of contributing to this System at the
rate and on the salary basis which determined the amount of his
contributions at the time the incapacity occurred and, during such
period, the Disability Retirement Allowance of said Retirant
shall be deferred. In the event such election is made, and such
contributions are regularly made, Creditable Service shall be
credited to the respective accounts in the same manner as though
said Employee Member or said Retirant were in active service
with the City. "
SECTION 4. That Section 5A. 04.04 of Ordinance No. 845 of the City of
Miami Beach, Florida, reading as follows:
"5A.04.04 Any Employee Member who shall be incapacitated within
the terms of the State Workmen 's Compensation Law, for
the period of such Workmen's Compensation payments, shall have
the privilege of deferring his Disability Retirement Allowance, and
of contributing to this System at the rate and on the salary basis
which determined the amount of his contributions at the time the
incapacity occurred. In the event such election is made, and
such contributions are regularly made, Creditable Service shall
be credited to his account in the same manner as though he were
in active service with the City. "
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be and the same is hereby amended to read as follows:
"5A.04. 04 Any Employee Member who shall be incapacitated
within the terms of the State Workmen 's Compensation
Law, or any Retirant who is entitled to receive a Disability
Retirement Allowance, who shall have been incapacitated within
the terms of the said law, for the period of such Workmen 's
Compensation payments, shall have the privilege of contributing
to this System at the rate and on the salary basis which
determined the amount of his contributions at the time the
incapacity occurred and, during such period, the Disability
Retirement Allowance of said Retirant shall be deferred. In
the event such election is made, and such contributions are
regularly made, Creditable Service shall be credited to the
respective accounts in the same manner as though said
Employee Member or said Retirant were in active service with
the City. "
SECTION 5. That Section 5A.04.05 of Ordinance No. 845 of the City
of Miami Beach, Florida, reading as follows:
"5A.04. 05 Upon retirement for disability, a Retirant shall
be entitled to a Retirement Allowance which can
be provided actuarially from a fund equal to two (2) times
his final average annual earnings, or the actuarial equivalent
of the present value of his credits accrued to the date of
the disability, computed as provided in Sub-section 5A.03.04,
based on mortality tables adopted by the Board, but not less
than Seven and 80/100 ($7 .80) Dollars multiplied by the
number of years of Creditable Service. "
be and the same is hereby amended to read as follows:
"5A. 04.05 Upon retirement for disability, a Retirant shall
be entitled to a Retirement Allowance which can
be provided actuarially from a fund equal to two (2) times his
final average annual earnings, or the actuarial equivalent of
the present value of his credits accrued to the date of the
disability, computed as provided in Sub-section 5A.03.04,
based on mortality tables adopted by the Board, but not less
than Seven and 80/100 ($7 .80) Dollars multiplied by the number
of years of Creditable Service, provided, however, that if,
at the time of such retirement for disability, the Member is
eligible for service retirementthen, and in such event,
the Retirement Allowance of such Retirant shall be no greater
than he would be eligible to receive under service retirement. "
SECTION 6. That all ordinances or parts of ordinances in conflict
herewith be and the same hereby are repealed.
SECTION 7 . That this ordinance shall go into effect immediately
upon its passage and posting as required by law.
PASSED and ADOPTED this 5th day of September, A. Dv 1962.
AT S /
Mayor
City Clerk
lst reading - August 15, 962
2nd reading - August 15, 1962
3rd reading - September 5 , 1962
POSTED - September 5 , 1962
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STATE OF FLORIDA
COUNTY OF DA..DE
I, R. �.�M. L. JOHNSON, City Clerk in and for the
City of idiami Beach, Florida, do hereby certify that
ordinance ivo. 1458 entitled "AN ORDINANCE AMENDING ORDINANCE
NO. 845 OF THE CITY OF MIAMI BEACH, FLORIDA, ENTITLED: 'AN
ORDINANCE PROVIDING FOR THE CREATION AND MAINTENANCE OF A PENSION
AND RETIREMENT SYSTEM FOR CERTAIN EMPLOYEES OF THE CITY OF MIAMI
BEACH, FLORIDA' "
having been passed and ado-oted by -the City Conncil of the
City of Miami Beach, Florida, has been posted by me in three
conspicuous places in the City of dianii Beach, one of which
was at -the door of the City Hall in said City on -the
5th day of September, 1962, and that said Ordinance
remained posted for a period of at least thirty days in
accordance with the require«ients os the City Charter of the
said City of Miami Beach
IN WITNESS WHEREOF I have hereunto set my hand and
affixed the official seal o-f the City of Miami Beach, Florida,
on this the 17th da-, of October, 1962.
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