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Ordinance 1008 ORDINANCE NO. 1008 AN ORDINANCE OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING ORDINANCE NO. 845 OF THE CITY OF MIAMI BEACH, FLORIDA. BE IT ORDAINED BY THE CITY COUNCIL OF TAE CITY OF MIAMI BEACH, FLORIDA: SECTION 1. That Ordinance No. 845 be and the same is hereby amended by changing Sub-section 4.04.02.02 to read as follows: " 4.04.02.02 Such amount as is required to reimburse the System for payments, during the preceding year, of that portion of minimum Retirement Allowances not provided for by the credits of the individual Retirants whose credits were insuffic- ient to produce the minimum Retirement Allowance provided for in Sub-section 5.03.05 and 5.04.05.' SECTION 2. That Ordinance No. 845 be and the same is hereby amended by adding thereto Sub-section 4.04.02.04 to read as follows: " 4.04.02.04 Such amount as is required to reimburse the System for payments, during the preceding year, of the cost-of-living adjustments provided for in Sub-section 5.14." SECTION 3. That Ordinance No. 845 be and the same is hereby amended by changing Sub-section 5.03.05 to read as follows: " 5.03.05 An Employee Member, upon retirement, shall be entitled to a Retirement Allowance which shall be the amount which can be provided from the Accumulated Total Credit to his account at the time that payments are commenced, based on tables and procedures adopted by the Board and in effect at the time of retirement, except as provided with respect to Additional Con- tributions in Sub-section 4.02. Beginning January 1, 1952, the Retirement Allowance for an Employee Member who has met the re- quirements for service retirement, and who elected to contribute at the standard minimum rate of five (5) percent, as provided in Sub-section 4.01.01, shall be not less than Five Dollars ($5.00) for each year, pro-rated for any fraction thereof, of Creditable Service; and for such Employee Member who elected to contribute at the optional rate of six (6) percent as pro- vided in Sub-section 4.01.02, shall be not less than Six Dollars ($6.00) for each year, pro-rated for any fraction thereof, of Creditable Service." SECTION 4. That Ordinance No. 845 be and the same is hereby amended by changing Sub-section 5.04.05 to read as follows: " 5.04.05 Upon retirement for disability, a Retirant shall be entitled to a Retirement Allowance which shall be the amount which can be provided from the Accumulated Total Credit to his account at the time that payments are commenced, based on tables and procedures adopted by the Board and in effect at the time of retirement, except as provided with respect to Additional Contributions in Sub-section 4.02. Beginning January 1, 1952, the Retirement Allowance for an Employee Member who is retired for disability, and who elected to contribute at the standard minimum rate of five (5) percent, as provided in Sub-section 4.01.01, shall be not less than Five Dollars ($5.00) for each year, pro-rated for any fraction thereof, of Creditable Service; and for such Employee Member who elected to contribute at the optional rate of six (6) percent as provided in Sub-section 4.01.02, shall be not less than Six Dollars ($6.00) for each year, pro-rated for any fraction thereof, of Creditable Service." SECTION 5. That Ordinance No. 845 be and the same is hereby amended by adding thereto Sub-section 5.14 to read as follows: 5.14 Beginning January 1, 1952, there shall be added to all. Retirement Allowances and Pensions paid thereafter, a cost-of-living adjustment consisting of a percentage increase equal to one-half (1/2) percent for each point by which the Consumers' Price Index for Moderate-income Families, Large Cities Combined, of the Bureau of Labor Statistics of the United States Department of Labor exceeds one hundred and forty-five (145) . Such percent shall be established by the Board at the beginning of each year, based on the average figures for the latest twelve (12) months preceding January 1st for which figures have been published, and shall be payable at that rate through the ensuing year. The percentage increase shall not exceed thirty (30), and shall not be applied in such manner or amount as to increase any Retirement Allowance or Pension be- yond Two Hundred Dollars ($200.00) per month." SECTION 6. That Ordinance No. 815 be and the same is hereby amended by changing Sub-section 5.05.01 to read as follows: " 5.05.01 Such amounts as may be required, in addition to the disability benefits provided for in Sub-section 5.01+.05, as are required to produce a service disability Retirement Allow- ance of One Hundred Dollars ($100.00) per month for such Employee Members as are permanently disabled as a result of City service- connected injuries, and for which Workmen's Compensation payments are received under the provisions of the State Workmen's Compen- sation Act. Such additional Service Disability Reserve payments shall not become available until the expiration of the maximum period for which such Workmen's Compensation payments are payable; and provided that such Employee Member is, at the time these ben- efits become available, still disabled and incapable physically or mentally of returning to active service with the City as pro- vided in Sub-section 5.01..02." SECTION 7. That Ordinance No. 845 be and the same is hereby amended by changing Sub-section 5.05.02 to read as follows: " 5.05.02 A designated Dependent Beneficiary of an Employee Mem- ber eligible to receive benefits provided for in this Section, on whose account a death benefit is paid under the pro- visions of the State Workmen's Compensation Act, shall receive from the Service Disability Reserve Fund such additional benefits as may be required, in addition to the death benefits provided for in Sub-section 5.06, to produce a service-connected Pension of One Hundred Dollars ($100.00) per month, which shall be payable at the same time and in the same manner as provided for the pay- ment of benefits from this Fund to a disabled Employee Member." SECTION 8. The provisions of this Ordinance shall become effective on the first day of January, 1952, provided it shall be approved by a majority of the qualified voters of the City of Miami Beach, Florida, voting on the same at an election called for that purpose. SECTION 9. In the event any Section, Sub-section, sentence, clause, or phrase of this Ordinance shall be adjudicated invalid or unconstitutional, such adjudication shall in no manner affect the other Sections, Sub-sections, sentences, clauses, or phrases of this Ordinance, which shall be and remain in full force and effect as fully as if the Section, Sub-section, sentence, clause, or phrase, so adjudged invalid or unconstitutional, was not originally a part hereof. SECTION 10. That Ordinance No. 1000, and all other ordinances or parts of ord- inances in conflict herewith be, and the same are, hereby repealed. PASSED and ADOPTED this. 16th day of January, A. D. 1952. Mayor ATTEST: (Ti b4 erK 1st reading - January 2, 1952 . 2nd reading - January 2, 1952 3rd reading - January 16, 1952 Posted - January 17, 1952 STATE OF FLORIDA COUNTY OF DADE: I, C. W. TOMLINSON, City Clerk in and for the City of Miami Beach, Florida, do hereby certify that Ordinance No. 1008, entitled: "AN ORDINANCE OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING ORDINANCE NO. 8415 OF THE CITY OF MIAMI BEACH, FLORIDA", having been passed and adopted by the City Council of the City of Miami Beach, Florida, has been posted by me in three conspicuous places in the City of Miami Beach, one of which was at the door of the City Hall in said City on the 17th day of January, A.D. 1952, and that said Ordinance remained posted for a period of at least thirty days in accordance with the requirements of the City Charter of the said City of Miami Beach. IN WITNESS WHEREOF I have hereunto set my hand and affixed the official seal of the City of Miami Beach, Florida, on this the 5th day of March, A.D. 1952. 4 City Clerk 0 CD 0 CD cis ci- ct SZ 0 ¢.) WW 1 ¢04Gq H WO (fin aa H tal t=] Q O'er W 'Z 0 9 O • C C� CD in (D O ct C4 O 0 (D — • CO Co • (D I✓ d-Vt H• I CD v 0