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Ordinance 89-2676 ORDINANCE NO. 89-2676 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING ORDINANCE 1901, WHICH CREATED A RETIREMENT SYSTEM FOR GENERAL EMPLOYEES OF THE CITY OF MIAMI BEACH, AMENDING SECTION 5.09 ENTITLED "POST RETIREMENT ADJUSTMENTS" OF ARTICLE 5 ENTITLED "BENEFITS" BY ADDING A NEW SUBPARAGRAPH (n) PROVIDING FOR A COST - OF - LIVING INCREASE OF FIVE PERCENT FOR RETIRANTS AND PENSIONERS WHO HAVE BEEN RETIRED FOR OVER FIVE YEARS; REPEALING ALL ORDINANCES IN CONFLICT THEREWITH; PROVIDING FOR SEVERABILITY;AND PROVIDING FOR AN EFFECTIVE DATE. Be it ordained by the City Commission of the City of Miami Beach, Florida: Section 1 That Section 5.09 entitled "Post Retirement Adjustments" of Article 5 entitled "Benefits" of City of Miami Beach Ordinance No. 1901 creating a Retirement System for General Employees is hereby amended by adding the following: (n) Effective October= l, 1989, Retirants and Pensioners who were on the Retirement Payroll prior to October 1, 1984, and Pensioners entitled to receive a pension allowance as the result of the death of a Retirant who retired prior to October 1, 1984, shall receive a special cost-of-living increase in their retirement allowance or pension in addition to the allowances previously provided under paragraph (e) through (m) of this Section 5.09. The increase shall be five percent of the normal retirement allowance as adjusted in accordance with the preceding paragraphs of Section 5.09. 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 Repealer All ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed.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 the same holding shall in no way affect the validity of the remaining portions of this ordinance. Section 4. Effective Date This Ordinance shall take effect ten (10) days after its adoption on December 16, 1989. Passed and adopted this 6th day of December, 1989. .....-627C VICE-Mayor Attest: FfPM A Pf\r D 461-vie(' , ,LA, DLP f. City Clerk By `tec 77.---------- 1st 71st reading 11/15/89 Date '/ 8Z...G... 2nd reading 12/6/89 eiteo„ 4 2/!c4ml dead �,^���/\y F L O R I D A 3 3 1 3 9 •*ilNCORP�BORATED/* "VA CA TIONLAND U. S. A. '',CH26..�.' OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 V?COMMISSION MEMORANDUM NO. �) V? DATE: November 15, 1989 TO: Mayor Alex Dao : .nd Members of e City Corn ' sip FROM: Rob W. Par• ' s �% �1 •, ANIP City Manager I p - SUBJECT: COST-OF-LIVING INCREASE FOR RETIREES OF THE GENERAL EMPLOYEES PENSION SYSTEM This Ordinance will grant to retirees, who have been retired five or more years, of the General Employees Pension System a five per- cent increase in their monthly pension allowance. The last such increase was in 1987. This Ordinance is recommended by the Pension Board. Administration Recommendation: The Administration recommends that the City Commission adopt this Ordinance on first reading and schedule the public hearing and second reading on December 6, 1989_ RWP:RJN:sw Attachment , i AGENDA ITEM ATE cd d a U) 'd a) .0 .0 1 c O 4pa , .50O ai cd -H co $+ I-, a) H r4 a) 'd bbO tip W I (..) w aa)) +�-+ y c0 .0 .0 U H a) •H • •rl cd F.' 0 I ?a 4-) O .0 N . •W a) U) c+-1 a) Z 3 cU G o o cn 3 I o H U t7 0.1a a) G U) w ai H N d U cd c) s~ .0 O H a) •r-I a) O H 4-1 E H E bD cd U a) o G ai Z 4 -d a ) cd +- >~ 4-1 t3 4- q co 4-1 a) O cd a) O bc!)) Orn = ›•3 U) 4-I • O• +-1m C/) (..i" •H : .4 }a bp a) U a) co O a) 0 • a) a) 0 +0) • ° a) 0 ›, U) LH a CO •1-4 a) 4-1 a) -d P:1 G )a a) •H P4 0 cn - = � U