Loading...
Ord No 27-11-2100ORDINANCE NO. 27-11-2100 An Ordinance amending the South Miami Pension Plan, providing for an amendment to Section 16- 12, Definitions, to comply with current City policy concerning the definitions of annual compensation and final average compensation; and also amending Section 16 -13, Eligibility. WHEREAS, the Florida legislature has enacted Ch. 2011 -216, Laws of Florida, which provides, in part, that for service earned under collective bargaining agreements entered into on or after July 1, 2011, compensation for pension purposes may not include in excess of 300 hours of overtime, may not include payments for unused accrued sick and vacation leave and may not include any payments for extra duty or special detail work; and WHEREAS, the current pension ordinance includes in the definition of compensation for pension purposes an unlimited amount of overtime pay, and payments for accrued unused sick and vacation leave, and for extra duty or special detail work; and WHEREAS, the City of South Miami and the Dade County Police Benevolent Association for Police Officers and Sergeants have entered into a new Collective Bargaining Agreement effective October 1, 2011 ( "CBA "); and WHEREAS, Florida law requires that if any provision of a collective bargaining agreement is in conflict with any ordinance over which the chief executive officer has no amendatory power, the chief executive officer shall submit to the appropriate governmental body having amendatory power a proposed amendment to such ordinance; and WHEREAS, the City Mayor and City Commission have received and reviewed an actuarial impact statement related to these changes and attached as such; and WHEREAS, the City Commission deems it to be in the public interest to provide these changes to the pension plan and to the pension plan for its police officer employees; Page 1 of 4 Ord. No, 27 -11 -2100 NOW, THEREFORE, BE IT HEREBY ORDAINED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT: Section 1: That Chapter 16 Article II, Section 16 -12, " "Definitions" of the City of South Miami Code of Ordinances is hereby amended as follows: Definitions. Annual compensation shall mean regular base wages and salaries, including hazardous pay, overtime pay, vacation, sick leave, holiday pay, clothing allowance, educational incentive and extra duty pay. However, for compensation earned by police officers or sergeants on or after October 1, 2011, the maximum amount of overtime hours that may be used to determine annual compensation for calculating retirement benefits for any one (1) fiscal year shall not exceed 300 hours. Additionally, for police officers and sergeants, payments for accrued unused sick leave or accrued unused annual leave earned on or after October 1, 2011, and payments for extra duty or special detail work for a second Party employer, performed on or after October 1, 2011, shall not be considered a part of their annual compensation for purposes of calculating their retirement benefits. In addition, shift differential pay, assignment pay and bonuses for police officers and sergeants shall not be considered a part of their annual compensation for purposes of calculating their retirement benefits. Any additional or other forms of pay not specifically mentioned hereinabove, for any and all employees, shall be excluded from the definition of annual compensation. Final average compensation shall mean the participant's annual compensation, as determined by the employer, acting in a uniform and nondiscriminatory manner. For all members other than police officers and police sergeants, final average compensation shall be averaged over the last three -year period ending on the participant's retirement date, date of disability, date of termination of employment or the date of termination of the plan, whichever is applicable. For police officers and sergeants, final average compensation shall be the best ending on the police officer or sergeant's retirement date, date of disability, date of termination of employment, or date of termination of the plan, whichever is applicable. The best five (5) years is defined as the highest five (5), twenty -six (26) consecutive pay periods within a police officer or sergeant's career and such consecutive vear periods shall not overlap one another Page 2 of 4 Ord. no. 27 -11 -2100 .. .nom• . . .. WON Section 2: That Chapter 16 Article II, Section 16 -13, " "Eligibility" of the City of South Miami Code of Ordinances is hereby amended as follows: Eligibility. (a)— E -ach- employee- employed -by- the - employer- -on- October - -l- -1965; shall - -be -- a participant on the first participation date on which he has completed two (2) years of credited service and has attained his twenty -fifth birthday. (b) Each employee who becomes an employee subsequent to October 1, 1973, shall be a participant on the first participation date on which he /she has completed six (6) months of credited service and has obtained his /her twentieth birthday. For all current employees as of October 1, 1995, each fiscal year there will be a window for joining the retirement system; i.e. October 1 through October 31. (c) It shall become mandatory for all employees hired on or after October 1, 1995, to join the pension plan after completion of six (6) months of employment by the city. (d) Employees who are hired on or after October 1, 2011, Each employee and are classified as police officer or sergeant, shall enter the pension plan immediately upon being hired as a sworn law enforcement officer. became eligible to participate in this plan Section 3: Codification. The provisions of this ordinance shall become and be made part of the Code of Ordinances of the City of South Miami as amended; that the sections of this ordinance may be renumbered or re- lettered to accomplish such intention; and that the word 'ordinance" may be changed to "section" or other appropriate word. Section 4. Severability. If any section, clause, sentence, or phrase of this ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, this holding shall not affect the validity of the remaining portions of this ordinance. Section 5. Ordinances in Conflict. All ordinances or parts of ordinances and all section and parts of sections of ordinances in direct conflict herewith are hereby repealed. However, it is not the intent of this section to repeal entire ordinances, or parts of ordinances, that give the appearance of being in conflict when the two ordinances can be harmonized or when only a portion of the ordinance in conflict needs to be repealed to harmonize the Page 3 of 4 Ord. No. 27 -11 -2100 ordinances. If the ordinance in conflict can be harmonized by amending its terms, it is hereby amended to harmonize the two ordinances. Therefore, only that portion that needs to be repealed to harmonize the two ordinances shall be repealed. Section 6, Effective Date. This ordinance shall become effective upon enactment. PASSED AND ENACTED this 20 day of September , 2011. ATTEST: CLERK 1St Reading 9/6/;11/ 2nd Reading 9/210%11 A� CITY APPROVED: we COMMISSION VOTE: Mayor Stoddard: Vice Mayor Newman: Commissioner Beasley Commissioner Palmer: Commissioner Harris: P: \Documents\2011 \11- 027 \Ordinance re New CBA Changes Final Draft v.13 [w•GRS Change].doc Page 4 of 4 4 -0 Yea Yea Yea Yea absent Gabriel. Raeder. Smith. & Company One fmt !#wined Wvd. 954.527.161,6 phone GRS Consu6nts & Acruarks Suiec 505 954.525.0083 fax Fr. Lauderdale, Ff. 33301-1,804 www.gabrielroedcrcom September 12, 2011 Ms. Dixie Martinez The Resource Centers, LLC 4360 Northlake Blvd. Suite 206 Palm Beach Gardens, Florida 33410 Re: ' South Miami Pension Plan Actuarial Impact Statement Dear Dixie: As requested, we have performed an actuarial review of the attached proposed Ordinance. Based upon our review, we understand the proposed Ordinance: 1. Limits the amount of overtime included in pensionable compensation earned after September 30, 2011 to 300 hours per fiscal year for police officers and sergeants. 2. Excludes payments for accrued unused sick leave or accrued unused vacation leave earned after September 30, 2011 from pensionable compensation for police officers and sergeants. 3. Excludes payments for extra duty or special detail work for a second employer performed after September 30, 2011 from pensionable compensation for police officers and sergeants. 4. Excludes shift differential pay, assignment pay, bonuses and other additional form of pay from pensionable compensation for police officers and sergeants. 5. Defines final average compensation as the average of the best five (5) years for police officers and sergeants. 6. Provides for immediate participation upon employment for police officers and sergeants hired after September 30, 2011. 7. Provides for codification. 8. Provides for severability. 9. Repeals all ordinances or parts of ordinances in direct conflict herewith. 10. Provides for an effective date. In our opinion, based upon the actuarial assumptions and methods employed in the October 1, 2010 Actuarial' Valuation and based upon historical salary data, the proposed Ordinance is a no cost Ordinance under State funding requirements. In fact, the proposed Ordinance may be expected to reduce future costs. Ms. Dixie Martinez September 12, 2011 Page Two Please forward a copy of the Ordinance upon passage at second reading to update our records. If you should have any question concerning the above or if we may be of further assistance t ith this rnater,_please do not hesitate to contact us. Sincerest regards, C4.. Lawrence F. Wilson, A.S.A. Senior Consultant and Actuary Enclosures cc: Javier Banos, Esq. Ronald Cohen, Esq. Mr. Alfredo Riverol Gabriel Roeder Smith & Company MIAMI DAiLY BUSINESS REVIEW Published Daily except Saturday, Sunday and Legal Holidays Miami, Miami -Dade County, Florida STATE OF FLORIDA Before the undersigned authority personally appeared V. PEREZ, who on oath says that he or she is the LEGAL CLERK, Legal Notices of the Miami Daily Business Review f /k/a.Miami Review, a daily (except Saturday, Sunday and Legal Holidays) newspaper, published at Miami in Miami -Dade County, Florida; that the attached copy of advertisement, being a Legal Advertisement of Notice in the matter of CITY OF SOUTH MIAMI PUBLIC HEARING - SEPTEMBER 20, 2011 in the XXXX Court, was published In said newspaper In the Issues of 09/09/2011 Affiant further says that the said Miami Daily Business Review is a newspaper published at Miami in said Miami -Dade County, Florida and that the said newspaper has heretofore been continuously published in said Miami -Dade County, Florida, each day (except Saturday, Sunday and Legal Holidays) and has been entered as second class mail matter at the post office in Miami In said Miami -Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he or she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. _ Sworn to and subscribed before me this 09 day of SEPTEMBER , A.D.,.�2 .1111 r (SEAL) V. PEREZ personally known to me " r'­`0 C,, # DD 937532 SS 3 Of ` arMI irw I. o mmurm�w8w.'05 T019 V �,sLbtd2> Y s ' ��9C ,C7r`Y�,C1���fii��'k��flU„►N�I t�v: For lunheC infi4rmation please aoMa4t the City Clerks Office at: 05-15 s [All