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Ordinance 94-2922 ORDINANCE NO. 94-2922 AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA AMENDING ORDINANCE 1901, THE GENERAL EMPLOYEE'S PENSION SYSTEM BY ESTABLISHING AN EFFECTIVE DATE FOR THE SYSTEM'S ASSUMPTION OF THE ADMINISTRATIVE COSTS OF THE SYSTEM, PROVIDING FOR A REPEALER, SEVERABILITY AND AN EFFECTIVE DATE. Whereas, the negotiations with the various employee bargaining units have now been concluded; and, Whereas, all of the contracts that have been approved include the provision for the administrative cost of the retirement system to be paid for by the system; and, Whereas, the City needs to amend the Ordinance to reflect this provision as of the dates it was implemented for the various units within the General Employee's Retirement System. Now, Therefore, be it Ordained by the Mayor and City Commission of the City of Miami Beach, Florida: Section 1 - That Section 6. 03 (a) of Ordinance 1901 be amended as follows: 6. 03 Contributions by City (a) It is the intent of this Ordinance that the City contribute to the System each year the amounts actuarially determined to be required, in addition to contributions by Members, to cover the cost of the benefits provided by the System. Provided, however, for Members in the classifications within the AFSCME unit after April 30, 1993 , and for Members within the classifications within the Other unit after July 31, 1993 , and for Members in the classifications within the MBEBA after February 21, 1994, all administrative expenses shall be paid by the System. Section 2 - Repealer All Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. Section 3 - Severability If any section, sentence, clause or phrase of this ordinance is held to be invalid or unconstitutional by any court of competent jurisdiction, then said holding shall in no way affect the validity of the remaining portions of this ordinance. Section 4 - Effective Date This ordinance shall become effective ten days after its adoption. Passed and Adopted this 4th day of May , 1994 . Atil011 41 ' Mayor Attest: . APPROVED EGAL DEPT• City ClerkBY 1st reading: 4/20/94 Date 2nd reading: 5/4/94 CITY Or MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010 FAX: (305) 673-7782 COMMISSION MEMORANDUM NO. LA -94 May 4, 1994 To: Mayor Seymour Gelber and Members of the City Commission From: Roger M. Carl City Manager Subject: Amendment to the General Employee's Pension Ordinance Administrative Recommendation The Administration recommends that the City Commission adopt this Ordinance on second reading after a public hearing. Background As part of the negotiations with the American Federation of State, County and Municipal Employees (AFSCME) and the Miami Beach Employees Benevolent Association (MBEBA) the administrative cost of the General Employee's Retirement System was to be paid from the assets of the System rather than by the City. This provision was not practicable to implement prior to the point at which the tw- unions and the unrepresented employees within the plan had adopted this language in their contracts. Since negotiation with the bargaining units is complete and the City Commission has accepted the recommendations of the Special Master, the City wishes to amend this provision in the General Employee's Retirement System to reflect implementation as of the effective dates of the contract with each group. Analysis The effect of this change will allow the City to recover approximately $310, 000 in administrative costs paid to the System from the implementation of the first contract (AFSCME) in April, 1993 through the date of the last contract (MBEBA) in February, 1994 . The Administration will prorate the costs associated with the administration of the System based on the relationship of the members of each unit to the total system. The Board of Trustees of the System have recommended that the Administration adopt such an amendment to the System so that they may correctly reimburse the City. Conclusion • This amendment to the General. Employee's Retirement System is recommended by both the Board of Trustees and the Administration as necessary to properly reflect the effect of the negotiation process on the System. It will also allow the City to recover approximately $310, 000 in costs previously paid on behalf of the System. RMC/RJN/me •1 AGENDAE-- ITEM DLT_ } • ro • a) 0 • a) • N (> . N O a) . N I +a • �7 CA • • • O O rn z (1) zw • up H U O z cr) a) 0 O H U O A 0 c a) O 0 0 •r+ v O• a) on a) O a) •tea ^, o G � a) a.