Skip to main content
City of Coral Gables

File #: 10-0584    Version: Name: An Ordinance amending Chapter 50, Article II of the Code of the City of Coral Gables...
Type: Ordinance Status: Adopted
File created: 9/9/2010 In control: City Commission
On agenda: 9/28/2010 Final action: 9/28/2010
Enactment date: 9/28/2010 Enactment #: 2010-25
Title: An Ordinance amending Chapter 50, Article II of the Code of the City of Coral Gables, entitled “Retirement System for City Employees”, implementing action taken by the City Commission to establish provisions of the 2009-2010 collective bargaining agreement between the City of Coral Gables and Teamsters, Local Union 769; Creating a definition of “average final compensation” and revising definitions of “appointed officials”, “compensation”, “disability”, “highest three-year average”, “normal retirement date” and “total earnings”; revising employee contributions; Revising normal retirement income; Revising disability benefits; Revising DROP eligibility; Revising the purchase of prior credited service; Creating a new section providing for benefits of excluded employees; Providing an effective date; and repealing all ordinances inconsistent herewith. (Passed on First Reading September 14, 2010). Note: Discussion regarding appointed officials, per Commissioner Withers' request.
Attachments: 1. Signed Ordinance 2010-25, 2. Verbatim Transcript - Agenda Items E-10, 3. cover sheet pension, 4. CG Pension Ord General Employees 9 19 10, 5. CG Pension Ord General Employees 9 9 10 rev2, 6. E-10 Signed Cover Memo (09-14-10), 7. Retirement Ordinance Cover Sheet - 2nd Reading, 8. Retirement Ordinance - 2nd Reading, 9. E-3 Signed Cover Memo (09-28-10), 10. Actuarial Impact Statement for 2010-2011 Fiscal Year
Title
An Ordinance amending Chapter 50, Article II of the Code of the City of Coral Gables, entitled "Retirement System for City Employees", implementing action taken by the City Commission to establish provisions of the 2009-2010 collective bargaining agreement between the City of Coral Gables and Teamsters, Local Union 769; Creating a definition of "average final compensation" and revising definitions of "appointed officials", "compensation", "disability", "highest three-year average", "normal retirement date" and "total earnings"; revising employee contributions; Revising normal retirement income;  Revising disability benefits;  Revising DROP eligibility;   Revising the purchase of prior credited service; Creating a new section providing for benefits of excluded employees; Providing an effective date; and repealing all ordinances inconsistent herewith. (Passed on First Reading September 14, 2010).
Note:  Discussion regarding appointed officials, per Commissioner Withers' request.
 
Body
[Enter body here.]