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City of Coral Gables

File #: 08-0287    Version: Name: An ordinance amending Chapter 50 of the "Code of the City of Coral Gables," entitled "Pensions"
Type: Ordinance Status: Adopted
File created: 4/21/2008 In control: City Commission
On agenda: 4/29/2008 Final action: 5/13/2008
Enactment date: 5/13/2008 Enactment #: 2008-12
Title: An Ordinance amending Chapter 50 of the "Code of the City of Coral Gables," entitled "Pensions," clarifying the effective date of the five percent employee contribution by firefighter participants; providing for an effective date; and repealing all Ordinances inconsistent herewith (Passed on First Reading April 29, 2008)
Attachments: 1. Signed Ordinance 2008-12.pdf, 2. CM_OrdinanceOn2ndReadingFF, 3. Ordinance_ FF Contributions, 4. CM_OrdinanceFF, 5. Ordinance_ FF Contributions_ 42208_Updated, 6. Verbatim Transcript - agenda item E-2 - Pensions
Title
An Ordinance amending Chapter 50 of the "Code of the City of Coral Gables," entitled "Pensions," clarifying the effective date of the five percent employee contribution by firefighter participants; providing for an effective date; and repealing all Ordinances inconsistent herewith (Passed on First Reading April 29, 2008)
Body
As a result of a meeting among representatives of the State Division of Retirement, the City and the International Association of Fire Fighters Local 1210, there remains one change to section 50-34 of the Code, referencing the appropriate start date for the five percent (5%) employee contribution by firefighter participants. This final revision resolves the open issues between the State and the City. Accordingly, the funds due to the City under chapters 175 and 185 were released upon the passage of this ordinance on First Reading.