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89-2676 Ordinance ORDINANCE NO. 89-2676 AN ORDINANCE OF THE CITY (DtKlSSION OF THE CITY OF KIAMI BEACH, FLORIDA, AMENDING ORDINANCE 1901, WHICH CREATED A RETI:RmfENT SYSTEM FOR GENERAL l!MPLOYKES OF THE CITY OF KIAMI BEACH, AMENDING SECTION 5.09 ENTITLED "POST RETIRHHENT 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 COIIIIlission 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 1, 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 Repealer All ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed.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. ~ VICE- Mayor ~ ~ Attest: FORM APPRnVED tLlJAl ulP T. BY~~ /?- Ba-o.- Date 1'~/3/P7' 1st reading 1l/15/89 2nd reading 12/6/89 - " " . -. ~4 "'1HUiHa ~ead FLORIDA 33139 "VACATIONLAND U. S. A." OFFICE OF THE CITY MANAGER ROB W. PARKINS CITY MANAGER CITY HALL 1700 CONVENTION CENTER DRIVE TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. ~9 DATE: November 15. 1989 FROM: TO: 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 (>7 A7~~~~ _ R - "3 '- )-} -ATE 1;2.-to-8~