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Supplemental_Nov17-10 red ocrlD MIAMI BEACH City Commission Meeting SUPPLEMENTAL MATERIAL City Hall, Commission Chambers, 3rd Floor, 1700 Convention Center Drive November 17, 2010 Mayor Matti Herrera Bower Vice-Mayor Michael G6ngora Commissioner Jorge Exposito Commissioner Jerry Libbin Commissioner Edward L. Tobin Commissioner Deede Weithorn Commissioner Jonah Wolfson City Manager Jorge M. Gonzalez City Attorney Jose Smith City Clerk Robert E. Parcher Visit us at www.miamibeachfl.gov for agendas and video "streaming" of City Commission Meetings. ATTENTION ALL LOBBYISTS Chapter 2, Article VII, Division 3 of the City Code of Miami Beach entitled "Lobbyists" requires the registration of all lobbyists with the City Clerk prior to engaging in any lobbying activity with the City Commission, any City Board or Committee, or any personnel as defined in the subject Code sections. Copies of the City Code sections on lobbyists laws are available in the City Clerk's office. Questions regarding the provisions of the Ordinance should be directed to the Office of the City Attorney. SUPPLEMENTAL AGENDA R5 -Ordinances R5B An Ordinance Amending Part I, Subpart B, Article IX, Related Special Acts, Of The Miami Beach City Code Entitled "Pension System For Disability And Retirement Of Members Of Police And Fire Departments"; Implementing Provisions Of The 2009-2012 Collective Bargaining Agreements Between The City And Fire Fighters Of Miami Beach, IAFF Local 1510, And Miami Beach Fraternal Order Of Police, William Nichols Lodge No.8; Amending Section 65 Entitled "Computation Of Creditable Service; Service Record", Providing For The Purchase Of Additional Creditable Service Upon Completion Of Ten Years Of Service With The City; Amending Section 66 Entitled "Service And Disability Benefits Generally," Providing For The Inclusion Of Compensation For Certain Off Duty Services In A Member's Salary For Pension Purposes, And Providing For The Sale Of Unused Sick And/Or Vacation Time For Inclusion In A Member'S Final Average Monthly Earnings, Subject To Certain Limitations; Revising The Limitation On Overtime Pay Included In Salary For Pension Purposes; Amending Section 67, Entitled "Cost-Of-Living Adjustment", Providing For An Annual Adjustment On The Anniversary Date Of A Member's Retirement Or Separation From Employment; "Amending Section 79 Entitled "Deferred Retirement Option Plan", Providing For A Maximum Drop Period Of Sixty Months And A Modified Cost Of Living Adjustment During The Drop Period; Creating A New Section 87 Entitled "Benefits For Employees Hired On Or After July 14, 2010"; Providing For Severability; Repealing All Ordinances In Conflict Therewith; And Providing For An Effective Date. (Human Resources) (Ordinance) Supplemental Agenda, November 17, 2010 R5 -Ordinances (Continued) R5C An Ordinance Amending The Miami Beach Employees' Retirement Plan; Implementing Provisions Of The 2009-2012 Collective Bargaining Agreement Between The City And Communications Workers Of America, Local 3178; Providing For Severability; Repealing All Ordinances In Conflict Therewith; And Providing An Effective Date. (Human Resources) (Ordinance) ii ORDINANCE IMPLEMENTING PENSION PROVISIONS OF 2009-2012 IAFF AND FOP COLLECTIVE BARGAINING AGREEMENTS ORDINANCE NO. ___ _ AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING PART I, SUBPART B, ARTICLE IX, RELATED SPECIAL ACTS, OF THE MIAMI BEACH CITY CODE ENTITLED "PENSION SYSTEM FOR DISABILITY AND RETIREMENT OF MEMBERS OF POLICE AND FIRE DEPARTMENTS"; IMPLEMENTING PROVISIONS OF THE 2009-2012 COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE CITY AND FIRE FIGHTERS OF MIAMI BEACH, IAFF LOCAL 1510, AND MIAMI BEACH FRATERNAL ORDER OF POLICE, WILLIAM NICHOLS LODGE NO.8; AMENDING SECTION 65 ENTITLED "COMPUTATION OF CREDITABLE SERVICE; SERVICE RECORD", PROVIDING FOR THE PURCHASE OF ADDITIONAL CREDITABLE SERVICE UPON COMPLETION OF TEN YEARS OF SERVICE WITH THE CITY; AMENDING SECTION 66 ENTITLED "SERVICE AND DISABILITY BENEFITS GENERALLY", PROVIDING FOR THE INCLUSION OF COMPENSATION FOR CERTAIN OFF DUTY SERVICES IN A MEMBER'S SALARY FOR PENSION PURPOSES, AND PROVIDING FOR THE SALE OF UNUSED SICK AND/OR VACATION TIME FOR INCLUSION IN A MEMBER'S FINAL AVERAGE MONTHLY EARNINGS, SUBJECT TO CERTAIN LIMIT "AMENDING "DEFERRED RETIREMENT OPTION PLAN", PROVIDING FOR A MAXIMUM DROP PERIOD OF SIXTY MONTHS AND A MODIFIED COST OF LIVING ADJUSTMENT DURING THE DROP PERIOD; CREATING A NEW SECTION 87 ENTITLED "BENEFITS FOR EMPLOYEES HIRED ON OR AFTER JULY 14, 2010"; PROVIDING FOR SEVERABILITY; REPEALING ALL ORDINANCES IN CONFLICT THEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE. I Agenda Item 85.6 Date 11-17-/D Section 1. Effective September 30, 2010 for members who retire on or after that date, Section 65 of Part 1, Subpart B, Article IX, Related Special Acts of the Miami Beach City Code, is amended to read: Sec. 65. -Computation of creditable service; service record. (a) A member's Creditable Service shall include all periods of time of actual work for which wages or salaries were received by the member in the service of the fire or police department and, notwithstanding anything to the contrary in this article, all time served in the unclassified service of the City as provided in section 70, whether it be provisional, probationary or regular work or employment, and whether or not such periods are interrupted, together with all service in the uniformed services of the United States required to be included under section 82; provided, however, that only periods of service in the uniformed services of the United States for which the member makes the member contributions as provided for in section 82 shall be Creditable Service for purposes of computing the amount of the member's benefit from the System. Notwithstanding any provision to the contrary, in no event shall the same period of service be counted more than once as Creditable Service under this System. (b) Members who become members of this System in order to receive credit for service rendered prior to their becoming a member shall make contributions to the Fund in the amount such member would have contributed had he been a member during the period of service for which credit is being purchased. In order to receive such credit, members shall make payment within six months after becoming a member or within such other period as may be provided in a bargaining agreement covering the member. Notwithstanding the foregoing, any member who transfers to this System whereby the accumulated total credit in any other pension system ofthe City is transferred to this System, then and in that event, all ofthe creditable service time in such other system shall be considered Creditable Service time under this System, and such member need make no additional contribution for time credited. 2 (c) The Board shall establish the service record of all members who may be entitled to participate in the benefits of this System, and shall keep a record thereof. (d) Members with ten (10)W or more years of creditable service who are eligible to receive nonnal or early retirement benefits under the System may purchase additional creditable service under the System for up to two (2) years of full-time public safety service as a law enforcement officer or firefighter prior to City employment, provided the member is not entitled to receive a benefit for such service under another pension plan, and further provided that the member may not purchase a combined total of more than four (4) years of creditable service for prior public safety service and prior military service, and further subject to limitations contained in sec. 66 (j). The cost for each year of creditable service for prior public safety service purchased shall be the same rate as provided in sec. 82(b) for the purchase of prior military service, with the cost prorated for fractional years of service. For purposes of this purchase, a member may use the value of accrued sick and/or annual leave, valued at the member's hourly rate at the time of purchase. The purchase of additional creditable service provided in this subsection (d), must be completed within twenty fOl:l:f (24) thirt~";§lx(3~1 months following September 30, 2010, or within twenty fol:l:f (24) ~J.~~~j;(g6l months following a member's completion often (10) years of creditable service under the pension plan, whichever occurs later for the member. If a member does not complete the purchase of additional creditable service provided in this subsection (d) within the twenty fol:l:f @41 t!!lriY~~~,;l:36) month period, he/she shall not be eligible for Stl~~~ purchase in the future. lel::·),::~NotWit~st~diti,g:jtii~1~ntdYis!Qn~[:,d(&~~!i()n!t.~~{~E;;@'<li~ig~ptlo~v~lf8~fi1)jiittb.e p~c?l1~~e b~#44~t~Ql1~1\};~i~~it~bl~;,~~~~S~!f~#:lfrid~1l~bif6ii~ij~~~\:~~~~~~~§~&l~{t& ~~ctibri65(4l~ •. ~arlli~:;R~~8h~se:§f>~ddtti~~~I·;gf~cIi~~ljle~'~~~b@)irdi«Y¢Wf~~!tlfl;~bti~~ fulnt~.,·setiliSe: ••• ·ptlt%t,.td0:@iMr:··~iliP1(}Y!i!erlti .. ,.plifstianf~1td0~gBti6h~ ..• ·.·8:!i'~Bl~l~i$.tist;~.b6 GqmplcitW.·:Withirt.thiitY~~1X·J361:rn()tIt~Sdfoil~!tg~:er;fSfuber}3d~.·g~i6i'}~~~it1lifi 3 thirty-six (3611Ilonths· following a member's completion of ten (10) years .of credita\)leseryiceuncier the pension plm 'Yllichevero<;cursl(lt~rforthe memb~!. If· a.· 1Ilt:Inbe1;does !l()t complete .... thepllTchase of additiori~lcr~ilitable·. service as providedfuse<;tion 65(d) or secti6n82(11)within the. thi:rij;six(36}month period, he7she$h~!l!l()rbe eligjbh~ for sll"chpurchase in the fu:tuf~. Section 2. Effective September 30,2010 for members who retire after that date, except as otherwise specifically provided below, Section 66 of Part 1, Subpart B, Article IX, Related Special Acts of the Miami Beach City Code, is amended to read: Sec. 66. -Service and disability benefits generally. (a) The Board shall, upon application retire members meeting anyone of the following requirements: (1) The attainment of age 50. (2) Permanent and total disability incurred in line of duty in the police or fire department, or in the unclassified service as provided in section 70, irrespective of the number of years of Creditable Service. (3) Permanent and total disability incurred other than in the line of duty, after five years of Creditable Service. (4) The sum of the member's age and Creditable Service equals at least 70 and the member retires on or after October 1, 1998. (5) Only for periods prior to October 1, 2000 and only in the case of a May 1993 Member, the attainment of age 55 with at least 10 years of Creditable Service. (b) A member, other than a May 1993 Member who retires prior to October 1, 2000, shall be entitled to receive upon retirement under subsection (a), a monthly pension payable for life equal to: 4 (1) Three percent ofthe member's average monthly Salary for each year of the member's first 15 years of Creditable Service, being computed as to a part of a year on a pro rata basis to the nearest month; plus (2) Four percent of the member's average monthly Salary for each year of the member's Creditable Service in excess of 15 years, being computed as to a part of a year on a pro rata basis to the nearest month. (c) A May 1993 Member who retires prior to October 1, 2000, shall be entitled to receive upon retirement under subsection (a) a monthly pension payable for life equal to three percent of the member's average monthly Salary for each year of the member's Creditable Service, being computed as to part of a year on a pro rata basis to the nearest month. (d) For purposes of determining a member's benefit, the average monthly Salary of the member shall be based on the average ofthe two highest-paid years of the member prior to the date of retirement or termination, or the average of the last two paid years of the member prior to the date of retirement or termination, whichever produces the greater benefit for members employed by the City before May 19, 1993, and shall be based on the average of the three highest paid years of the member prior to the date or retirement or termination for May 1993 Members. For purposes of such calculation, Salary shall be the Salary upon which the member's contribution to the ":'-,':f,<:'.':,:; ~<;?(:r' ':;'.',:\,' " "'" :(~~:,:;\i;>,-, T,','>l:"' ':',,~;;~,'~/~'~?,:~':;-;~:-\'f{~T~r:>~T(T"~'i,·1j J7t"~.Y;·:>~«," /::. > X';~,\ '{~~',\\:':'~" >((, ,: ~"~';:,;,n ~;;;, System was computed~',(~a$\~~RroV!cl¢cl1'{tfi};I!ar~&t~1Ws,ir'~~i~\~i@a··'fg~;:j:l?e16)!; ffi,With respect to a !fitefi~t~i member employed before May 19, 1993, and retiring on or after October 1, 1994, the inclusion of overtime in the member's Salary for the two highest-paid years or last two years, as the case may be, shall be limited in each year to an amount whichlt,;i;rf~~ gortl.tHlied··wiilii:i.c6fup6riS'~tf6h~;fdI,:··.off···dt:W(,~~Mc@siiiaft(fPth~~\?~ltibi;::;~ii;.~y ~~ditl~d'gi(jk·artdl6rVa~~1:lori.leaV"e'iliat isin8i~~~~'ih'~~ili~tiibcit?,~S~I~;fdr 5 pension contribution and benefit purposes, is equal to J 1 % of the highest annualized pay rate for the SaII1e salary rank that the mell1peris inat.tinl~2f reti!~ll1ent· 70%o(th~,d~ffer~e behyeen. the. merrrber't!anri4Eilipedpajd,ate ¥.retirem:ent 8:l1dthelIighe~tl#li1ualiz;ecl pay' ~te'forthei nexthigher~~ ~;b~t . in.m?eYf~4tslHilfglcb. met:Il:Qer'~. ~ccru~dp~efiforihis4~:!¢t)f J:$feiilent be *~S$·thm1t~ •. b~~efit lW hadooqnied~~.9fgep~er$()~ 199ff, ~t~lll1ineq.·.~.~t1l~l~$·of~ •.• ~ys{@ •• m· •• ~ff¢qi.·qp;th~tElat~. Effective July 14, 2010, all compensation received by a m~:fi@ibI: member ~h&:js ~Iimble<'!Qrpve#i!li~na~'\}iri(lwlidr~eiy~s>na~ifor off duty services performed after that date for which compensation is received through the City shall be included in a sU~ll member's Salary for pension contribution and benefit purposes; provided, in no event shall su~l'iijcb1fiperiSatio~:ffi:filiff cl~!&i~~mdes~~inc()11l1.i!hati&ri.~ith. any •• ·~§~iti#i~;P8;Y;·.a:Eia;HhciJ'iftt1U¢,o~itij! ~sgrit~~i·s~()l{. ~dlbr.V~q~~!911 ... 1¢~Y~/~Il<;hld~4 iiih:~Wilierii~~~~ ••••• ·Siiil~tHt n~#~i~Il···0~fitfibuii()it~ri<fbert6fi.t'·Mos~· •• ·a·1i1~9ii·~ib~~fff)ej{8~~d~1~i% Qf'Th~jill~~kt@ua1iiedrp~y·r~t&.for •. ·thei.Sfuneis~tarM~?~kYthi{titll@:rtibiHs'eE r~:lti\~itihiei~~£.ietii~MeJiE:~:\'··· ·····3ifrS ... ~t;+ ·'.":i'%S'7:(i·; ··.·;.'?~'·.r . . ..... Jl; .w.. ..... 1.1:. ..... ... ... ...!!ffl};n¥!!~L3:J!'~HJi!mQX!§!!L!!'LJlm!!t!f}Q!l§ @@ii!.~4i~:tru§:~~ct~Q~··§6J For fuefi@it~1.members['~W~6r1·~¥;;~ligi~1&ltd~ ~YVe!1l~·m.~latid~iwho retire on or after September 30,2010, upon reaching eligibility for .~j] retirement ~~l~:!~J~!igl~~~:~~, ~!,tTI~£riB~~~m~ ~1~bitt~~';1l~tmt~:~;Q!J~s~d~~~i§~\'!·Ph9.';~~~d"g~~ff~m'~lk·~~g~;rf&tJ~ni.~~I~!i~'Dl15:iirt!"~tij~ ITt~lTi~~~~~%$1~f~~!Zt$t!:e~6l~!~;~iYcdH~1~oIT~~:(;1W~f:;~~ft~fi!ft~~f~8~W~~ ~f'~~~fg~fe$~ ~l~~rc;,.0:§~!;~t~~.'y~JQ:~i;.df •. ffu~~;!g¥·.~!1~t~.:/:~:E~l::·~§f~~:;lj;~Q~QQ·~;.2f~;~~·d~~cl~~~i~~ Y~I~~i;Af~i.t.~~~P~lT!~!!~.~I~Er~E~L~r.rrd~dfi~~~ll.!t~~~·l~~~il1~~am~m:~~:~~tij;f9P~ d~~f:tirri·;;; •• §d~· •• cih~;!t~(}~~~~~ti6fi\ ••• ·f9I,;.§ff'?:·a~t~i:.i~~fi\t£d~§;.!~,~~~~~~a~;i~i~~;;·~ I1l~m~~t:~~· SalWYf()rfRe~{)rl·~~fuputidHii#~.1)~Ilefi~pmPd§~~;~x~~~~:;i11~~ 6~the.Mggest.· ati##ill~bdp~y·.ratefdf .the ··sarii~~~ict¥;i~,lli~t.t}jettl~nib~f 6 -, is' in at time of retirement, a member may sell all or a portion of his/her ... .. . .' .' . . ... . accrued.' sick and/or yac~()n .1eaye,.yalued'. (it thelllember'~"hburly.rate{it that time,<an<iaI!pfjf the 'I!roeeeds()(slwl1sale u!Q.!poh4ember' s.a~;etage monthly:Sal€ll)r; pfo:'rj@ed,.th~PrQc~edS bfruwsuClj salesnartbe-§Ubjebt to tb~ m@W~c()!ili!bY!!Q!!,··§~t"'f9!!b .In§~o:-6~;a@.,filithernfO'4d~(kiirt_no ~Ylerit,§lj@.~'.rIiem!?~J?s.lJe1i~fi:t~ice~4 __ !h~rilax!myni,·~@,~t!t~m:r;iSi®~~d liillitatlense6ritamedmtllls .'s0OO61t 6-6. t21i.Wiill~&sne~t".t&:;a,:~~lib6 •. ·:6ffi9el-rti~tfibef.~IDlilQVeaiBefofi·MiiY :1·9,~'··~9sl_@~!~(jt;t~tiii;fig6H;of.·~tl~rl;()6t9tjet)1~~··~9~~~ ••• ffi.~ •• '.ili&liisi()hN~)~·BVeffiffie Wit4e;lli6rii~~rf.§:~a1~.t~!.~~~·;fflt~ ••• ·I1igJj~st+Pald.·y~~s~.6f:.:l~~~;.~~.;¥~~§~.f~ tIi~{¢itS~i;fij~J;~&ii:'sh~llib~rlirtnt~~;:i:ri';e~§hiy~'at;;td-~j~d~~_~,illi~!1~;0~Iie~ 8affibm~dI;~tN:~~lii~cli§dti6ii~t()¥;:~ff~dtiW:.·-~~ig~~;:i'$a,!m~~i~~1{jij:~~ijr,,;art~ ~t~eau~ick;;~W~ih¥~6#~~~;leavg1th~!isi#~~Ci~cl\iii;~~;h1ettfb~~~~1~si~Ml':.f.d1: b6'fW~~\··th~;ii#~rP.l;)~t'~I;i~tHilii~a.J!p~j;·¥~t~X~t·\feiji{~tp.~ii~~~·tlia\~ijigji~~t ~li~lz~ttiin~¥.·l-~t~.if(;)~~:tli~:ft~*t;dilgfier\Jsai~i;fatil(.;F6tit@ili.&8di-1e~iKt\i-·~ifan ~§li,iinein~.¥t~~{'~c~:ffle4i~l)ei1.efi~l(gnill'~jji4~tijdDffi~lli:~~i~).~~!~I~~~ltb¥irt!;illi~ ~~&fi.f,~ll!~J,~acl;;\~~~~~i:j~§-i;~f~S~t~~~~ti:~Q~:J~~fi9~1l.~6l~H~~~~.t#id~~~lti1~ teMSl;f6~~;tlf~;;iS#~t~m1~!~~,eff~~i~'oh:~mlf\;idlte~\}j~\Eff~ti\r~~~~'1~f14~i;~;~9:I(J~\.~)1~!] ~ainpffiS~tibf!;~.;¥~~i~e~slfbyi::li;llp6ilb~~\~fJ:i~ert::I.b~j~~fiifglli~j;.~ifIBl~~:~r6t atiertiirt~;\~~0@~{~hijlri¢~i~~~:fR~¥;{(6ji(jff~tt~;~~It~e~j~~tann~~!'~~ill1m ~~\fHti~~w~~ig~~~il~~tf8~1fi~j:tee~~tr~~'tllifo\i!m£W~K0i!!~f§~~Iiji~~,'~l~d~~ [ti~&Sudjf2iIDmSet~~~;;S~~!m:j:\f6~~fi>&~i~~j~;;B8fiffiBiitt8~':ilifa:l~\ll~~~mliji:t\M~e~~ ~f&~ide(k .ifi;.nd· •. ·iev;efit;:~h~1f:\~csiibh(6~fijU$s~tiott~nrtdblftb:ffitlduIl·:·~me~~1i~~m j6#ertihiel~:i~~,Hl~!~atti.~;;6f!j;Mlj j~ilm(}f6~ ~eii~fi~),mtj~~$~·~!!·_~~i@~t's:a~~mi •. ~~~~~~i0~Q~~M£:fli~\;cl~tf~~fj.~~~~~t\!~~ m@nlehiB~t§,anntlMJ.zeaip~:{Wfate;1it-if~ffielli~fif?m1d#h~~mgfi~~tii~~~H~~d ~aY;~~t.~:_!~t,·th~·ti~tbi@~.§~lan!!~~·~~t~~;rt~j;eY~~~'§~hllts,~6~'i#~~Bl~t~~ ~~~tU~d-~e~~~i~()!ijm~<i~f~.<?f.fetl~~j#~gt~·]j~j:j~~~J~£lt\rt~~':1i~#eIir~r~~·j~.~~ 7 accrued as of September 30, 1994,' determined. under the· terms. of the Syste1J1.ineffect on that date. forpoli(;~:officer memlJer:syvhoareeligible for •. ov~rtifu~<payand . whoretir~bnor. after$eptelTIller>30i2610~11l!on re~~hirig:~!i.gi1:>ilityf()r· ti()Illlarreti!:~1!l~~t? ar11~mber.lljoX~I~tHt();dpply l)nlJs~d(~i.~~:.9!1dL()r • v,acdti91l.·.leaY~f§.FJn~IJ~i9!1·jrltb~.I1'l~M~~.e¥~.S(JI.(lrY. for p~n~i~h.9()riiH8~tl<:>h:.ci·~db~~efif'E(srR9~~siJ?t~.·.·d~~t()f.1~Q%L9fth~:~~r4e ••. of tME!&h.~~~~·.~!E15.(lr1·cJl()r.·x~c~I~()~ •• ·.I,~d~~E{9t.m~.·rQ~rl!!:>.~rf~L~~ff~~f'~9Jil~if~t~ ) . . ~r~Jia~~i~\lri·;·~~i~"en6~991l···Jll~J:··Y~lu~;~t·~~~~iOnO¥~g·";~i.~~;.q~:a~9~:J .. Y~~~f!~n !ifu~f~WH:~~i~4()rri~ir}~~:.Vl1!~J,gh1··~Y~~lffi~e~~ •• ~~~.·~~!P12~~sa!!~#vfd~gff~~!i: ~@c~~jH~!#~ed·Jifi·~·nie~~~r~¥~S~m:·f()tp~#~i~iid~#f!iljijt~~~~4'~'~iiefit pmn~~~~i:i·~~~~~·Jit6% •• ofHli~~~ffgi~~~:(:b~tW~&n; • .the~m~l!tlf~~f~:!nilli~~liied t1a~:f~td£t·~tN6tn:~n~··afid(tliemlghe~t')~ti~lii~d;iifiv,iitf~;f6rxm~;rtei~Hi'gBer st4~!f'~~ti*tHn.·n(}~yerifs~~IW~tibh:hi~bb¥~~;~(htt~~!b~iielit"b'nfm~date ~~i~g~!i~t;B~!:l~$§ •• th~ij:j~#lel~lJ~~~f::l~lhg:J~~d:)aC~iW~il;M~~~i·$s.1t~iti~6E};~(), :li~fl4~i4gt;~~4·.1llider··th6t~$§;·8filli~.;SY~fefi};ii~geffe6tr6ritH~~·#~t&~ (e) Notwithstanding anything in this section to the contrary, the benefits provided in this section shall not exceed 90% of the member's average monthly Salary as defined in subsection (d) of this section; provided, however, that the benefits for May 1993 Members shall not exceed 80% of such Salary. (f) The minimum pension for a member retiring for permanent and total disability under subsection (a)(2) of this section shall be 85% of the member's Salary at the time of disability retirement; provided, however, that the minimum pension for a May 1993 Member shall be 75% of such Salary. The minimum pension for a May 1993 Member retiring for permanent and total disability under subsection (a)(3) of this section shall be 50% of the member's Salary at the time of the disability retirement. (g) If any member eligible for benefits under this article shall terminate his employment after having completed at least 10 years of Creditable Service 8 but prior to attaining age 50 years (or after having completed one year of Creditable Service but before attaining age 55 and completing 10 years of Creditable Service for a May 1993 Member), and does not withdraw his accumulated contributions in the System, such member shall be entitled to receive upon attaining age 50 (age 55 or his termination of employment, if later, for a May 1993 Member) a monthly pension payable for life in accordance with the provisions of subsection (b) (or subsection (c) for a May 1993 Member) of this section; provided, however, the benefit so determined shall be reduced for a May 1993 Member by 10% multiplied by the difference between the member's years of Creditable Service at his date of termination and 10. If the member dies prior to attaining age 50 (age 55 or his termination of employment, if later, for a May 1993 Member), no benefit shall be payable under subsection (b) (or subsection (c) for a May 1993 Member); instead, the member's estate shall be entitled to all moneys contributed by the member to this System together with accumulated interest on that sum at the rate of three percent per annum computed until the date of payment to the member's estate. (h) (1) Notwithstanding anything in this section to the contrary, the minimum monthly pension payable for the life of any member who was employed prior to July 1, 1976 and who retires after attaining age 50 and completing at least 15 years of Creditable Service or after meeting the requirements of subsection (a)(3) or (a)( 4) of this section 66 shall be equal to: (A) Three percent of the member's average monthly Salary for each of the first 20 years of his Creditable Service, being computed as to a part of a year on a pro rata basis to the nearest month; plus (B) Two and three-quarters percent of the member's average monthly Salary for each of his years of Creditable Service in 9 excess of 20, being computed as to a part of a year on a pro rata basis to the nearest month. (2) For purposes of this subsection (h) the member's average monthly Salary shall be the Salary upon which the member's contribution to the System was computed for the two highest paid years of the member prior to his date of retirement. (3) Notwithstanding anything to the contrary, benefits provided under this subsection (h) shall not be more than 85% of the average monthly Salary used to compute the benefit under this subsection. (4) The minimum pension for a member retiring under this subsection (h) for permanent and total disability shall be 75% of the member's Salary at the time of his disability retirement. (i) Nothing in this section shall be construed to prevent the City manager or the Board from initiating action for the compulsory retirement of a member eligible for retirement, prior to such age, where such member is considered to be unfit for the proper performance of his duties because of physical or mental incapacity. Upon certification by the medical board designated by the Board pursuant to section 76(j) that such member is mentally or physically incapable of proper performance of duties, the member shall be automatically retired. Any member who is compulsorily retired by an act of the Board shall have the right to appeal such retirement to a court of proper jurisdiction. The member shall defray his own expense in his appeal of such compulsory retirement. (j) Members with ten (1 o~ or more years of creditable service ,"rho are eligible to receive normal or early retirement benefits under the 8ystem may also purchase up to an additional six percent (6%) benefit multiplier in accordance with this subsection. A member may purchase up to an additional six percent (6%) benefit multiplier if the additional creditable service for prior public safety purchased pursuant to sec. 65( d) or prior military service pursuant to sec. 82(b) 10 does not exceed a combined total of two (2) years; and a member may purchase an additional three percent (3%) benefit multiplier if the additional creditable service for prior public safety service purchased pursuant to sec. 65( d) or prior military service pursuant to sec. 82(b) does not exceed a combined total of three (3) years. The cost for each additional three percent (3%) benefit multiplier purchased shall be the same as the cost for each year of prior military service purchased in accordance with sec. 82 (b). For the purpose of this purchase, a member may use the value of accrued sick and/or annual leave, valued at the member's hourly rate at the time of purchase. The purchase of an additional benefit multiplier provided in this subsection CD, must be completed within th1mf~iX<;.~~6:ltYt~R6t~;:fZf!j months following September 30, 2010, or within ~~six\;t36M:el;l"t}~'~(2~) months following a member's completion of ten (10) years of creditable service under the System, whichever occurs later for the member. If a member does not complete the purchase of an additional benefit multiplier as provided in this subsection (d) within the thi!!y~sj§{'{a~eit§;fotir@'4) month period, he/she shall not be eligible for such purchase in the future. Section 3. Section 67 of Part 1, Subpart B, Article IX, Related Special Acts of the Miami Beach City Code, is amended to read: I9}c"'. ~·.Eff~6ti¥~;~i~Jf~f~~~~'~.30~:?~{()0f6filt~~ffib~~if~~~;YE~tif~';~~~f~!~~~£f~~~!~€i~~4'af~1 th~·.· .·c;~~i·i~~f/IiYi~g;l·~tlrus'tiB~~t:~.e~R~td~~&;st~~@i~::;;~~~!I~~';1~!t;:~~~~JJ~(r~~\~J~e~ri~~ bb.rlu~II~':~~;~ffi,~:.~B~i~~t~a&\)p~(~··.·~Hf!g?R!~i!!§~f~~~!~!if~H1~htB * * * Section 4J.. Effective September 30, 2010, Section 79 of Part 1, Subpart B, Article IX, Related Special Acts of the Miami Beach City Code, is amended ~o read: 11 Sec. 79. -Deferred Retirement Option Plan (DROP). (a) Eligibility -Any active member member of the System may enter into the DROP on the first day of any month following the date upon which the member first becomes eligible for a normal service retirement, subject to the provisions of this section 79. (b) Conditions of Eligibility -Upon becoming eligible to participate in the DROP, a member may elect to enter that program for a period not to exceed 36 months. Notwithstanding, DROP participation may not continue beyond the date when the member's combined years of creditable service and time in the DROP equals 352 months (387 months for members who were members prior to July 1, 1976). Members who enter the DROP on or after September 1, 2012 shall be eligible to participate for a period not to exceed sixty (60) months. Notwithstanding, for those members who enter the DROP on or after September 1, 2012, participation may not continue beyond the date when the member's combined years of creditable service and time in the DROP equals 376 months (390 months for members hired after July 14, 2010). Provided also that participation in DROP shall require the member to complete and submit the following prior to start of DROP payments. 1 . Such forms as may be required by the Board or Plan Administrator. Election of the DROP is irrevocable once DROP payments begin. 2. A waiver and an irrevocable resignation from employment with the actual date of termination being the date designated by the member as the end of his/her DROP participation. The administration and timing of execution and delivery of the waiver and resignation forms shall meet the requirements of the Age Discrimination in Employment Act and the Older 12 Worker's Benefits Protection Act, as same may be amended from time to time. Ic) Conditions of Employment for DROP Participants -Members shall be subject to termination of employment while in DROP to the same extent as they were in their pre-DROP status. A member who has elected the DROP remains an employee during the DROP period and receives all the benefits of being an employee during the DROP period, except any form of pension contribution. Id) Effect of DROP Participation. 1. A member's creditable service and his/her accrued benefit under the System shall be determined on the date of his/her election to participate in the DROP first becomes effective. 2. The member shall not accrue any additional creditable service while he/she is a participant in the DROP, or after termination of participation in the DROP. 3. A DROP participant is not eligible for disability benefits from the Plan. 4. A member may participate in the DROP only once. 5. Effective with the start date of a member's DROP participation, contributions to the Pension Plan by the member and the normal cost contribution to the Pension Plan by the City, on behalf of the member, shall cease. Ie) Payments to DROP Account - A DROP account shall be created for each member who elects to participate in the DROP. A DROP account shall consist of amounts transferred to the DROP from the Plan, which include the monthly retirement benefits, including any future cost of living increases, that would have been payable had the member elected to cease employment and receive a normal retirement benefit upon commencing participation in the DROP, and earnings on those 13 amounts. Provided, members who enter the DROP on or after September 1, 2012, shall receive a zero percent (0%) cost of living adjustment for the third (3rd) and fourth (4th) annual adjustment dates, regardless of whether the member remains in the DROP for the maximum five (5) year period. Provided further, any member who exits the DROP within six (6) months following the date of DROP entry, shall be eligible for the cost of living adjustment as otherwise provided in sec. 67. m DROP Account Earnings 1 . Members may direct their DROP account balance to any of the investment options offered and approved by the Board. Any losses incurred by the participant shall not be made up by the City or the Pension Plan. The selection of these programs shall be made by the participant on forms provided by the Board. Any and all interest and or earnings shall be credited to the participant's DROP account. 2. A member's DROP account shall only be credited or debited with earnings while the member is a participant in the DROP and, depending on the DROP Account Payment Options selected, after the member dies, retires, or terminates employment with the City of Miami Beach. (g) Payment of DROP Account Funds -Upon termination of a member's employment (for any reason, whether by retirement, resignation, discharge, disability, or death), the retirement benefits payable to the member or to the member's beneficiary shall be paid to the member or beneficiary and shall no longer be paid to the member's DROP account. No payments will be made from the DROP account until the member terminates employment. 14 (hI DROP Account Payment Options -Following the termination of a member's employment, the member shall select one of the following options to begin to receive payment from his/her DROP account. Said selection shall occur no later than 30 days prior to the end of the DROP participation period or within 30 days following the termination of a member's employment if said termination of employment occurs prior to the end of the DROP participation period: 1. Lump Sum -All accrued DROP benefits, plus interest, shall be paid from the DROP in a single lump sum payment. 2. Partial Lump Sum -A member designated portion of accrued DROP benefits, plus interest, shall be paid from the DROP in a partial lump sum payment with the remainder being directly rolled over into an eligible retirement plan. 3. Direct Rollover -All accrued DROP benefits, plus interest, shall be paid from the DROP directly to the custodian of an eligible retirement Ekm.,. 4. Other method(sl of payment that are in compliance with the Internal Revenue Code and adopted by the Board. (i) Death of DROP Participant -If a DROP participant dies before his/her account balances are paid out in full, the participant member's designated beneficiary shall have the same rights as the member to elect and receive the pay-out options set forth in Paragraph (hI, above. DROP payments to a beneficiary shall be in addition to any other retirement benefits payable to the beneficiary. (j) Administration of DROP Accounts. 1. The Board shall make such administrative rules as are necessary for the efficient operation of DROP, but shall neither create any rule that is inconsistent with the this section 79, nor any rule that would be a mandatory subject of collective bargaining. 15 2. At all times, the DROP will be administered so that the System remains qualified under the Internal Revenue Code and is in compliance with the Internal Revenue Code and applicable laws and regulations. A Deferred Retirement Option Plan ("DROP") shall be adopted and administered by the Board. The DROP shall contain such terms and provisions as may be necessary to reflect the terms ofthe bargaining agreements between the City and the International Association of Firefighters (JAFF) ratified by the City Commission on September 23, 1998 and between the City and the Fraternal Order of Police (FOP) ratified by the City Commission on July 15, 1998, and any amendments to those agreements. The DRDP shall also contain such other terms and provisions as the Board deems necessary and appropriate for the proper administration of the DROP. The terms and provisions of the DRDP shall be incorporated into this article by reference and shall be deemed to be a part of the System. se6'ticiri}4. Effective July 14, 2010, a new section 87 of Part 1, Subpart B, Article IX, Related Special Acts of the Miami Beach City Code, is created to read: Sec. 87. Benefits for employees hired on or after July 14, 2010. The pension benefits for employees hired on or after July 14, 2010 shall be as provided in the sections 61 through 86, except as follows: (a) The benefit multiplier shall be three percent (3%) for each year of creditable service for the first 20 years of service, and four percent (4%) for each year of creditable service after 20 years of creditable service. (b) The normal retirement date shall be as provided in sec. 66, except that a member must attain age 48 to be eligible for "Rule of 70" retirement. 16 Ie} Final average monthly salary shall be based on the three (3) highest paid years or last three (3) years as the case may be, prior to retirement or separation from employment. (d) The cost of living adjustment shall be one and one-half percent (1.5%) annually. (e) Members who enter the DROP shall receive a zero percent (0%) cost of living adjustment for the third (3rd) and fourth (4th) annual adjustment dates, regardless of whether the employee remains in the DROP for the maximum five (5) year period. Provided, any member who exits the DROP within six (6) months follOWing the date of DROP entry, shall be eligible for the cost of living adjustment as otherwise provided in paragraph (d) above. Secti6n6.5. Conflicts and Severability. (a) All Ordinances, and parts of ordinances, in conflict herewith shall be and the same, are hereby repealed. (b) In the event any article, section, paragraph, sentence, clause, or phrase of this Ordinance shall be adjudicated invalid or unconstitutional, such adjudication shall in no manner affect the other articles, sections, paragraphs, sentences, clauses or phrases of this Ordinance, which shall be and remain in full force and effect as fully as if the item so adjudged invalid or unconstitutional was not originally a part hereof s'ecHd:ri;,76: Effective Date. This Ordinance shall take effect ten days following adoption, except as otherwise specified herein. 17 PASSED and ADOPTED by the City Commission of the City of Miami Beach this __ day of _____ , 2010. Attest: (Seal) 1st Reading- 2nd Reading - T:\AGENDA\2010\Novembcr 17\Regular\lAFF FOP Pension Ordinance 2nd Rdg.doc 18 Mayor APPROVED AS TO fORM & LANGUAGE & FOR ExecUTION ~ l'h5fp CIi'/. ley Date ORDINANCE NO. ___ _ AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING THE MIAMI BEACH EMPLOYEES' RETIREMENT PLAN; IMPLEMENTING PROVISIONS OF THE 2009-2012 COLLECTIVE BARGAINING AGREEMENT BETWEEN THE CITY AND COMMUNICATIONS WORKERS OF AMERICA LOCAL 3178; PROVIDING FOR SEVERABILITY; REPEALING ALL ORDINANCES IN CONFLICT THEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: Section 1. Section 2.14 of the Miami Beach Employees' Retirement Plan created by Ordinance 2006-3504, as subsequently amended, is amended to read: 2.14 (a) "Final Average Monthly Earnings" means one-twelfth of the average annual earnings of the Member during the two highest paid years of creditable service except as otherwise provided in this Section 2.14. Notwithstanding the foregoing, for any Member who became a member of the Unclassified System prior to October 18, 1992 and was continuously a member of the Unclassified System from that date until March 18, 2006, "Final Average Monthly Earnings" means one-twelfth of the average annual earnings of the Member during the two highest paid years of creditable service, but shall not in any event be less than one-twelfth of the earnings of the Member during the twelve months immediately preceding March 18, 2006. (b) Notwithstanding section 2.14(a) above, for any Member who is in a classification '/lithin the AFSCME or GSA bargaining units, and for any Unclassified or "Other" Member, effective September 30, 2010 "Final Average Monthly Earnings" means: 1. For those Members who as of September 30, 2010 have attained normal retirement age or are within 24 months from normal retirement age, "Final Average Monthly Earnings" shall have the same meaning as in section 2.14(a) above. 2. For those Members who as of September 30, 2010 are between 24 and 36 months from normal retirement age, "Final Average Monthly Earnings" means one-twelfth (1/12) of the average annual earnings of the Member during the three (3) highest paid years of creditable service. 3. For those Members who as of September 30, 2010 are between 36 and 48 months from normal retirement age, "Final Average Monthly Earnings" means one-twelfth (1/12) Agenda Item r:<. s C. Date /1-17 -/0 of the average annual earnings of the Member during the four (4) highest paid years of creditable service. 4. For those Members who as of September 30, 2010 are more than 48 months from normal retirement age, "Final Average Monthly Earnings" means one-twelfth (1/12) of the average annual earnings of the employee during the five (5) highest paid years of creditable service. Section 2. Section 6.02 of the Miami Beach Employees' Retirement Plan created by Ordinance 2006-3504, as subsequently amended, is amended to read: 6.02 Contributions by Members (a) Each Member shall contribute to the Plan eight percent (8%) of earnings, except as otherwise provided in this Section 6.02. Notwithstanding the preceding sentence, effective July 14, 2010, each Member in a classification within the AFSCME and GSA bargaining units, and each Unclassified and "Other" Member, shall contribute to the Plan ten percent (10%) of earnings, except as otherwise provided in this Section 6.02. Notwithstanding the first sentence of this subsection (a), effective November 27, 2010, each Member in a classification within the CWA (MBEBA) bargaining unit shall contribute to the Plan ten percent (10%) of earnings, except as otherwise provided in this Section 6.02., and contingent on State approval of an actuarial impact statement confirming a reduction in the City's annual required pension contribution for FY 2010-2011 associated with the pension changes contained in the 2009-2012 collective CWA collective bargaining agreement of at least $1,000,050. The contributions made by each Member to the Plan shall be deducted from the Member's Earnings and designated as Employer contributions pursuant to section 414(h) of the Internal Revenue Code. Such designation is contingent upon the contributions being excluded from the Members' gross income for Federal Income Tax purposes. For all other purposes of the Plan, such contributions shall be considered to be Member contributions. (b) Notwithstanding subsection (a) above, all persons entering service with the City prior to April 1, 1993 who are in the classifications within the AFSCME bargaining unit; all persons entering service with the City prior to February 21, 1994 who are in classifications within the CWA (MBEBA) bargaining unit, and all persons entering service with the City prior to August 1, 1993 who are in classifications within the GSA bargaining unit or classified as "Other", who were members of the Classified Plan continuously from the date they entered service with the City until March 18,2006, shall contribute to the Plan ten percent (10%) of their earnings -2- throughout their service as a Member of this Plan. Notwithstanding the preceding sentence, effective July 14, 2010, each Member described in the preceding sentence who is in a classification within the AFSCME or GSA bargaining units shall contribute to the Plan twelve percent (12%) of earnings; and effective January 18, 2010, each Member described in the preceding sentence classified as "Other" shall contribute to the Plan twelve percent (12%) of earnings. Notwithstanding the first sentence of this subsection (b), effective November 27, 2010, each Member described in the first sentence of this subsection (b) who is in a classification within the CWA (MBEBA) bargaining unit shall contribute to the Plan twelve percent (12%) of earnings, contingent on State approval of an actuarial impact statement confirming a reduction in the City's annual required pension contribution for FY 2010-2011 associated with the pension changes contained in the 2009-2012 collective CWA bargaining agreement of at least $1,000,050. * * * Section 3. Article 13 of the Miami Beach Employees' Retirement Plan created by Ordinance 2006-3504, as subsequently amended, is amended to read: ARTICLE 13. Employees hired on or after September 30, 2010. Notwithstanding any other provision of the Plan, for employees hired on or after September 30, 2010, other than employees hired in classifications within the CWA (MBEBA) bargaining unit, the provisions of the Miami Beach Employees' Retirement Plan created by Ordinance 2006- 3504, as subsequently amended, shall be applicable, except as set forth in paragraphs a through i below.follQ!,vs: Notwithstanding any other provision of the Plan, for employees hired on or after October 27, 2010 in classifications within the CWA (MBEBA) bargaining unit. the provisions of the Miami Beach Employees' Retirement Plan created by Ordinance 2006-3504, as subsequently amended, shall be applicable, except as set forth in paragraphs a through i below. a. The normal retirement date shall be age 55 with at least thirty (30) years of creditable service, or age 62 with at least five (5) years of creditable service. b. The early retirement date shall be the date on which the member's age plus years of creditable service equal 75, with a minimum age of 55 c. Final average monthly earnings shall be an average of the highest five (5) years of employment. -3- d. The benefit multiplier shall be 2.5% multiplied by the member's years of creditable service, subject to a maximum of 80% of the member's FAME. e. The retiree Cost of Living Adjustment shall be 1.5% per year, with the first adjustment deferred to one year after the end of the DROP. f. The employee contribution shall be 10% of salary. g. The standard form of benefit shall be a lifetime annuity. h. Members who separate from City employment with 5 or more years of creditable service but prior to the normal or early retirement date shall be eligible to receive a normal retirement benefit at age 62. i. Employees shall be eligible to enter the DROP at the normal retirement age specified in paragraph a, above, and may participate in the DROP for a maximum of 5 years. Conflicts and Severability. Section 4. (a) All Ordinances, and parts of ordinances, in conflict herewith shall be and the same, are hereby repealed. (b) In the event any article, section, paragraph, sentence, clause, or phrase of this Ordinance shall be adjudicated invalid or unconstitutional, such adjudication shall in no manner affect the other articles, sections, paragraphs, sentences, clauses or phrases of this Ordinance, which shall be and remain in full force and effect as fully as if the item so adjudged invalid or unconstitutional was not originally a part hereof. Section 5. Effective Date. This Ordinance shall take effect ten days following adoption, except as otherwise specified herein. PASSED and ADOPTED by the City Commission of the City of Miami Beach this __ day of , 2010. Mayor Attest: -4- (Seal) 1st Reading- 2nd Reading - T:\AGENDA\2010\November 17\Regular\MBERP Ordinance CWA 2nd Rdg.doc -5- APPROVED AS TO FORM & lANGUAGE & fOR EXECUTION THIS PAGE INTENTIONALLY LEFT BLANK