Title
An Ordinance Of The City Of Hollywood, Florida, Amending Section 33.025 Of The Code Of Ordinances Entitled “Employees’ Retirement Fund”, Incorporating Changes To The Pension Plan Recently Negotiated With AFSCME, Local 2432, Including Restoration Of Benefits Reduced When The City Declared Financial Urgency; Requiring Disability Retirees To Submit Federal Income Tax Returns Without Supporting Schedules; Providing For Codification, Severability And Conflict.
Body
Staff Recommends: Approval of attached Ordinance.
Explanation:
The City and AFSCME, Local 2432, recently negotiated new collective bargaining agreements (the “Agreements”) for the general, professional and supervisory bargaining units. The Agreements include a number of amendments to the pension plan (the “Plan”) in which members of the bargaining units participate, including the restoration of benefits that were reduced in 2011 when the City Commission declared financial urgency.
It is now necessary to incorporate these amendments into the Code of Ordinances. Section 33.031 of the City’s Code of Ordinances requires, as one of the two alternative procedures to amend the Plan, approval by a “majority plus one” vote of the City Commission and 50% plus one of the voting members of the Plan. Prior to the adoption of this Ordinance on second reading, 50% plus one of the voting members of the Plan approved the amendments contained in this Ordinance.
Recommended for inclusion on the agenda by:
Douglas R. Gonzales, City Attorney
Adam Reichbach, Assistant City Manager for Finance & Administration
Tammie L. Hechler, Director of Human Resources