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Ordinance 1531� � L � 6/ �'� '', � r" ORDINANCE NO. 1531 AN ORDINANCE AMENDING SECTION 5.09 OF ORDINANCE NO. 845 OF THE CITY OF MIAMI BEACH, FLORIDA, ENTITLEI3�.` "AN ORDINANCE PROVIDING FOR THE CREATION AND MAINTENANCE OF A PENSION AND RETIREMENT SYSTEM FOR CERTAIN EMPLOYEES OF T� CITY OF MIAMI BEACH, FLORIDA BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA: SECTION l. That Section 5.09 of Ordinance No. 845 of the City of Miami Beach, Florida, reading as follows: "Section 5.09 No �mployee Member who has met the requirements for Service Retirement as specified in Sub-section 5.03.01, and no Employee Member who has to his credit the required number of years of Creditable Service and is within five (5) years of the specified retirement age for that number of years of Cred.it- able Service as prescribed in Sub-section 5.03.01, shall forfeit his right to such Retirement by reason of subsequent separation from his employment with the City by lawful removal for cause; provided. that no Retirement Allowance shall be commenced under this Section prior to the age at which su�h removed Employee Member would otherwise be eligible to receive benefits." be and the same is hereby amend.ed to read as follows: "Section 5.09 Any Employee Member who has to his cred.it the required number of years of Cred.itable Service and is within five (5) years of the specified retirement age for that number of years of Cred.itable Service, as prescribed in Sub-section 5.03.Ol,and who does not accept a separation refund, shall be entitled to a deferred Retirement Allowance. No Employee Member who has met the requirements for Service Retirement, as specified. in Sub-Section 5.03.01, and no Employee Member who has to his credit the required number of years of Creditable Service and is within five (5) years of the specified retirement age for that number of years of Cred,itable Service, as prescribed in Sub-section 5.03.01, shall forfeit his right to such Retirement by reason of subsequent separation from his employment with the City by lawful removal for cause; provided that no Retirement Allowance shall be commenced under this Section prior to the age at which such removed. Employee Member w�ould otherwise be e�g��:�le to receive benefits. " SECTION 2. That all ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed.. SECTION 3. That this ordinance shall go into effect immediately upon its passage and posting as required by law. PASSED and ADOPTED this 4� day of November, A. D. 1964. ATTES . w C t C lerk l.. lst reading - October 21, 1964 . 2nd reading - October 21, 1964 3rd reading - November 4, 1964 POSTED - November 5, 1964 I� 1 � � t ♦ • + STATE OF FI,O�IDA COUNTY �T' DADE : I, Re '�:��ie �o JOH�.VSOv, Gity Clerk in and ior the City of i���ia�ni Beach, Florida, do hereby certify that Ordinance i''� 0 1531 enti�cled � "AN ORDINANCE AMEND=NG SECTION 5.09 OF 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 �assed and adonted by the City Council of the City of l�iami Beach, Florida, has been �osted by me in three cons�icuovs �laces in the City o� i�iiami �3each, on� o� which was at the door o� the Ci�ty Hall in said City on the 5th da�� of November, 1964, and tha� said Ordinance reinained �osted for a�eriod o� at least thirty days in accordance with the rec�uireme�zts o� th� Cit�r Charter o� the sai�. Ci�t� o� ��iami Beach o I� �.�ITrTE�� WHFREOF I have hereunto set my hand and afrixed the official seal oz �he Ci�ty o= Miami Beach, Flor�da� on this the 16th c�a�T oi December, 1964. l C�. ty C rk § ti4�t 7 ..': `..„� i y "{'., y., �F�PT�."�rl�y-A+ `.�!'� ., "�� . .. � . � k { . � _ , .. - , ` s ��'F�: T:-��»w . .ri r - � . .� �. ' =y , 51�a,.� .'�"�r rr����'�F?"*�^�. ��13'c.m�-�*�g•l�.v���..�.u'id.:',c�'+s'�' ' - - ' '+'z. '�r +� a� .� •:',� � "�s,�y�..,R ,.�rr�„ ,� _�,, �;;�� .. �� �N' °K' _ � �;±k �r�R � ,:i� .�:i ��n~ �.� �^� 'tF',; �u� y ��s�� J .�� '�., „ i -�y i �i'a . . . � . �` . . '��: ,M . ' , y� - .,,r,� ' .. . . - . .. � - _ � i = . �� ' s3+ f- ^. ' � �• le�.,� � . . . . . . , . . 7'�. ++.' `s''� ' � kA . ��`" � '.. . . - . . .. ' . , . . . . . . � � � � i� '�+ . •. . , , . . , - . , � ,� i , . � �` ' ^ .', ` .- . . r..�'"•• i� i: : � ''� Y� a �. 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