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P.H. 2023-12: (PUBLIC HEARING 2ND 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 BY AMENDING SECTION 34.073, “PENSION ADJUSTMENTS,” TO INCREASE THE COST-OF-LIVING ADJUSTMENTS TO IMPLEMENT RECENT CHANGES IN THE COLLECTIVE BARGAINING AGREEMENT BETWEEN THE POMPANO BEACH PROFESSIONAL FIRE FIGHTERS AND THE CITY OF POMPANO BEACH FOR THE PERIOD BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2025, THAT MODIFIES THE POLICE AND FIREFIGHTERS’ RETIREMENT SYSTEM; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
FIRST READING: OCTOBER 25, 2022
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(Staff Contact: Ed Beecher)
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Summary Explanation/Background:
Ordinance Amending Chapter 34, “City Policy," of the Pompano Beach Code of Ordinances by amending Section 34.073, “Pension Adjustments,” to increase the Cost-Of-Living Adjustments. This is required due to the Collective Bargaining Agreement Between the Pompano Beach Professional Fire Fighters and the City. Since the first reading of this Ordinance, Section 1 (A) has been amended to reflect the following change: who are active firefighters or participating in the Deferred Retirement Option Plan (DROP) on or after October 1, 2022.
Origin of request for this action: Human Resources Department
Fiscal impact and source of funding: N/A
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