HomeMy WebLinkAboutVI(B2) Second Reading of Ordinance No. 2001-31, Relating To The General Employees' Retirement Trust Fund, Amending Contributions And Adding A Supplemental Benefit Agenda 11-06-2001
Item VI B 2
ORDINANCE NO. 2001-31
AN ORDINANCE OF THE CITY OF OCOEE, FLORIDA,
RELATING TO THE CITY OF OCOEE MUNICIPAL
GENERAL EMPLOYEES' RETIREMENT TRUST FUND,
ADOPTED AND RESTATED IN FULL BY ORDINANCE
NUMBER 96-19; AMENDING SECTION 5,
CONTRIBUTIONS, AMENDING SECTION 6, BENEFIT
AMOUNTS AND ELIGIBILITY; PROVIDING FOR
SEVERABILITY . OF PROVISIONS; REPEALING ALL
ORDINANCES IN CONFLICT HEREWITH AND
PROVIDING AN EFFECTIVE DATE.
SECTION 1: Authority. The City Commission of the City of Ocoee has the
authority to adopt this ordinance pursuant to Article VIII of the Constitution of the State
of Florida and Chapter 166, Florida Statutes.
SECTION 2: That Ordinance No. 96-19, adopting the amended and restated City
of Ocoee Municipal General Employees' Retirement Trust Fund, is hereby amended,
effective November 1, 2001, by amending Section 5, Contributions, subsection 1, Member
Contributions, to read as follows:
1. Member Contributions.
A. Amount. Each Member of the System shall be required to make regular
contributions to the Fund in the amount of seven and four-tenths
eight-tenths percent (- .44) (7.8%) of his or her Salary. Member
contributions withheld by the City on behalf of the Member shall be
deposited with the Board at least monthly. The contributions made by
each Member to the Fund shall be designated as employer contributions
pursuant to §414(h) of the Code. Such designation is contingent upon
the contributions being excluded from the Members' gross income for
Federal Income Tax purposes. For all other purposes of the System,
such contributions shall be considered to be Member contributions.
B. Method. Such contributions shall be made by payroll deduction.
SECTION 3: That Ordinance No. 96-19, adopting the amended and restated City
of Ocoee Municipal General Employees' Retirement Trust Fund, is hereby amended,
effective October 1, 2001, by amending Section 6, Benefit Amounts and Eligibility, by
adding a new subsection 6, Supplemental Benefit, to read as follows:
6. Supplemental Benefit.
All Members who enter retirement status on and after October 1, 2001, including
disability retirees, their joint pensioners and beneficiaries shall receive a monthly supplemental
benefit in the amount of one hundred dollars ($100.00). This benefit is not applicable to any
vested terminated persons.
SECTION 4. Repeal of Ordinances. All ordinances or parts of ordinances in
conflict herewith are hereby repealed.
SECTION 5. Severability. In the event any section, subsection, paragraph,
sentence, clause, phrase or word of this ordinance shall be held invalid by a court of
competent jurisdiction, then such invalidity shall not effect the remaining portions hereof.
SECTION 6. Effective Date. This ordinance shall take effect retroactively on
October 1, 2001.
PASSED AND ADOPTED this day of , 2001.
APPROVED:
ATTEST: CITY OF OCOEE, FLORIDA
By:
Jean Grafton, City Clerk S. Scott Vandergrift, Mayor
(SEAL)
FOR USE AND RELIANCE ONLY BY ADVERTISED October 25, 2001
THE CITY OF OCOEE, FLORIDA READ FIRST TIME October 16, 2001
APPROVED AS TO FORM AND LEGALITY READ SECOND TIME AND ADOPTED
THIS day of , 2001. , 2001
CHRISTIANSEN & DEHNER, P.A. APPROVED BY THE OCOEE CITY
Special Counsel COMMISSION AT A MEETING HELD
ON , 2001 UNDER
AGENDA ITEM NO.
By:
noc\ocoee\gen\10-11-01.ord
Copy of Public Hearing Advertisement
Date Published
ORLANDO SENTINEL'OrlandoSentineLcom
THURSDAY October 25,2001•SECTION G
Advertisement
NOTICE OF PUBLIC HEARING -
CITY OF OCOEE
Notice is hereby given pur-
suant to Article VI II of the
Constitution of the State of
Florida and Section 166,
Florida Statutes, that the
Ocoee City Commission will
hold a public hearing in the
Commission Chambers,City
Hall;located at 150 N.Lake-,
shore Drive,Ocoee,Florida;
during a regular session to
be held on November 6,
2001,at 7:15 p.m.,or as soon
thereafter as possible,in or-
der to consider the adoption
of the following ordinance:
ORDINANCE ND.2001-31
AN ORDINANCE OF THE CITY
OF OCOEE,FLORIDA,RELAT-
ING TO THE CITY OF OCOEE
MUNICIPAL GENERAL EM-
PLOYEES' RETIREMENT
TRUST FUND,ADOPTED AND
RESTATED IN FULL BY ORDI-
NANCE NUMBER 96.19;
AMENDING SECTIONS,CON-
TRIBUTIONS, AMENDING
SECTION 6,. BENEFIT
AMOUNTS AND ELIGIBILITY;
PROVIDING FOR SEVERABILI-
TY OF PROVISIONS;REPEAL-
ING ALL ORDINANCES IN
CONFLICT HEREWITH AND
PROVIDING AN EFFECTIVE
DATE.
Interested parties may ap-
pear at the meeting and be
heard with respect to 'he
proposed action.A cop,
the proposed ordinance n .y
be examined in the office of
the City Clerk at City Hall,
150 N. Lakeshore Drive,
Ocoee,Florida;between the
hours of 8:00 a.m.and 5:00
p.m.,Monday through Fri-
day,except legal holidays.
NOTICE: Any person who de-
sires to appeal any decision
made by Commission with
respect to any matter con-
sidered at such meeting will'
need a record of the pro-;
ceedings and for such pur-,
pose may need to ensure
that a verbatim record of
the proceeding is made,I
which record includes the
testimony and evidence up-
on which the appeal is
based.Persons with disabil-
ities needing assistance to
participate in any of these
proceedings should contact
the Office of the City Clerk,
150 N. Lakeshore Drive,
Ocoee, FL 34761, (407)905-
3105,48 hours in advance of
the meeting.
Jean Grafton,City Clerk
October 25,2001
C0R4151969 OCT.25,2001