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P.H. 2022-23: (PUBLIC HEARING 2ND READING)
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, AMENDING CHAPTER 34, “CITY POLICY,” BY AMENDING SECTION 34.010, “DEFINITIONS,” TO EXPAND THE DEFINITION OF EMPLOYEE; BY AMENDING SECTION 34.025, “CONTRIBUTIONS,” TO PROVIDE FOR CONTRIBUTIONS BY CERTAIN ADDITIONAL PARTICIPATING EMPLOYEES; AND BY CREATING SECTION 34.0266, “RETIREMENT BENEFITS FOR MANAGEMENT SUPPORT EMPLOYEES,” TO CREATE AN ADDITIONAL CLASS OF EMPLOYEE PARTICIPATING IN THE RETIREMENT SYSTEM; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
FIRST READING: JANUARY 25, 2022
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(Staff Contact: Brian Donovan/Ed Beecher)
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Summary Explanation/Background:
The proposed Ordinance will allow the General Employee Retirement Plan staff to participate in the City’s retirement plan; this will include the Executive Director and the Assistant Administrator. Both positions are under the direct supervision of the Retirement System Board of Directors. Both the Executive Director and the Assistant Administrator will make the same required contributions as City employees.
Origin of request for this action: General Employee Retirement Systems
Fiscal impact and source of funding: N/A
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