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RESOLUTION 91-20276 RESOLUTION NO. 91-20276 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH CALLING FOR THE REVIEW AND AMENDMENT OF THE RETIREMENT SYSTEM FOR UNCLASSIFIED EMPLOYEES AND ELECTED OFFICIALS OF THE CITY OF MIAMI BEACH. WHEREAS, recent events have shown that tax dollars paid by the citizens of Miami Beach are not adequately protected by the provisions of the Retirement System for Unclassified Employees and Elected Officials; and WHEREAS, the provisions of the Retirement System for Unclassified Employees and Elected Officials need to be amended in order to ensure that the tax dollars of the citizens of Miami Beach are spent in a responsible and proper manner. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: Section 1. That the City Administration and City Attorney review the provisions of the Retirement System for Unclassified Employees and Elected Officials, with special attention to the provisions relating to credited service, salary period used to calculate benefits, age when benefits begin, and the formula for vesting of benefits. Section 2 . That the City Administration and City Attorney have a survey performed of the Retirement System provisions of similar size cities in South Florida for comparison to the provisions of the Miami Beach System. Section 3 . That any legal, actuarial or other professional services shall be utilized to perform this review and survey as deemed necessary by the City Administration and City Attorney. Section 4 . That a report to the City Commission shall be made within sixty (60) days. PASSED and ADOPTED this 10th day of April 1991. ipipT FO APPROVED ATTEST: LEGAL DEPT. (i,A.0...NAE: r1N0--- q- CITY CLERK Date (Requested by Commissioner Martin Shapiro) • (a:\retirement.res) OFFICE CF THE CITY ATTORNEY . . • D 776 'F L • O R I. • D A • • *\INCPPCRAZD LAURENCE FE1NGOLD G.O BOX ���iA�v.i BEACH. FLORIDA_; _ CITY ATTORNEY `,�H 26 TELEPHONE(305)673-7.470 TELECOPY ,305,673-7002 • • COMMISSION MEMORANDUM • TO: MAYOR ALEX DAOUD and MEMBERS DATE: APRIL 10, 1991 OF MIAMI BEACH CITY COMMISSION FROM: JOHN C. DELLAGLORIA CHIEF DEPUTY CITY ATTORNEY SUBJECT: RETIREMENT SYSTEM FOR UNCLASSIFIED EMPLOYEES AND ELECTED OFFICIALS At the request of Commissioner Martin Shapiro our office has prepared the attached resolution which calls for a review of the provisions of the Retirement System for Unclassified Employees and Elected Officials. Commissioner Shapiro has requested that specific provisions as outlined in Section 1 of the resolution be considered for subsequent amendment after the administration and our office performs the review called for. JCD/j c l Attach. (c.\Rete rement.mem.) I AGEh1DA ITEM • DATE f/4" '"' ORIGINAL RESOLUTION NO. 91-20276 Calling for the review and amendment of the Retirement System for Unclassified Employees and Elected Officials of the City of Miami Beach.