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P.H. 2026-57: (PUBLIC HEARING 1ST READING)
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, AMENDING CHAPTER 34, "CITY POLICY," OF THE POMPANO BEACH CODE OF ORDINANCES, TO IMPLEMENT APPROVED PENSION CHANGES MEMORIALIZED IN THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE INTERNATIONAL ASSOCIATION OF FIREFIGHTERS AND THE CITY OF POMPANO BEACH; BY AMENDING SECTION 34.050 “CONDITIONS OF ELIGIBILITY,” TO MODIFY THE VESTING PERIOD FOR NEW FIREFIGHTERS; BY AMENDING SECTION 34.053 “NORMAL RETIREMENT DATE,” TO MODIFY THE RETIREMENT DATE FOR NEW FIREFIGHTERS; BY CREATING SECTION 34.054 “EARLY RETIREMENT DATE,” TO MODIFY THE EARLY RETIREMENT DATES FOR NEW FIREFIGHTERS; BY AMENDING SECTION 34.055 “NORMAL RETIREMENT BENEFIT,” TO DECREASE THE RETIREMENT BENEFITS FOR NEW FIREFIGHTERS; BY AMENDING SECTION 34.059 “ACCRUED BENEFITS,” TO CREATE A NEW TIER FOR NEW FIREFIGHTERS; BY AMENDING SECTION 34.0603 “DEFERRED RETIREMENT OPTION PLAN (DROP),” TO MODIFY THE BENEFITS FOR NEW FIREFIGHTERS AND TO ALLOW FOR THE PURCHASE OF PRIOR SERVICE CREDIT; AND BY AMENDING SECTION 34.073 “PENSION ADJUSTMENTS,” TO DECREASE THE COLA FOR NEW FIREFIGHTERS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Brian Donovan)
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Summary Explanation/Background:
The City Commission approved a Collective Bargaining Agreement with the Fire Union earlier in the fiscal year. As part of that Agreement, several changes were made to the Police and Fire Pension System that created a new Tier for Fire Fighters hired after June , 2026. The following benefits were established in the new Tier:
1. Normal retirement: The normal retirement age for all future Firefighters will be the attainment of age fifty (50) and the completion of 20 years of continuous service, or the attainment of age fifty-five (55) with ten (10) years of continuous service; and
2. Early Retirement: A new early retirement provision will be created, under which future
Firefighters shall be eligible for early retirement benefits, if applicable, upon the attainment of age fifty (50) with the completion of ten (10) years of service; and
3. Vesting Period: The vesting period will be ten (10) years of continuous service; and
4. Multiplier: The amount of the normal retirement benefit will be 3.25% of average monthly earnings for each year of continuous service, subject in any event to a maximum of 80% of average monthly earnings; and
5. COLA: Annual pension benefits shall be increased by a "fixed" (guaranteed) percentage equal to 2% for all future firefighters.
Additionally, a new provision was created to allow all firefighters, both current and future hires, to purchase up to 5 years of service for prior firefighting or military service.
Origin of request for this action: City Attorney’s Office
Fiscal impact and source of funding: N/A
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