Ord. No. 16-96-1616ORDINANCE NO.16-96-1616
AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF SOUTH MIAMI,FLORIDA,AMENDING SECTION 16-21
(B)OF CHAPTER 16 OF THE CITY PENSION ORDINANCE;BY
PROVIDINDG ALL PARTICIPANTS OF THE CITY OF SOUTH MIAMI
PENSION SYSTEM THE OPPORTUNITY TO PURCHASE PAST SERVICE
YEARS WITH THE CITY;PROVIDING FOR SEVERABILITY;
REPEALING ALL PRIOR LEGISLATION IN CONFLICT HEREWITH;
PROVIDING AN EFFECTIVE DATE.
WHEREAS,the City's Pension Board has recommended the
following amendment to the pension Ordinance.
NOW,THEREFORE,BE IT ORDAINED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA:
Section 1.That Section 16-21 (B)of Chapter Sixteen
(16)of the Code of Ordinances is hereby amended as follows:
Sec.16-21.Purchase of Credited Service.
(B)All participants in the City of South Miami Pension
System shall be allowed to apply for permission to purchase
credit for immediate past City of South Miami service up to a
maximum of five years (5)in the South Miami Retirement System
pursuant to procedures promulgated by the City Manager.All
costs for approved purchase of past City services shall be 100%
borne bv the employee with no cost assumed by the City.Should
the City permit purchase of past City service over a period of
time,the effective date of credited service will be on the date
said purchase is paid in full.
Section 2.If any section,clause sentence or phrase of
this ordinance shall be held tobe invalid or unconstitutional by
any court of competent jurisdiction,such holding shall in no way
effect the validity of the remaining portions of this ordinance.
Section 3.All ordinances or parts of ordinances in
conflict herewith be and the same hereby repealed.
Page2ofOrd.#16-96-1616
Section 4.This ordinance shall take effect immediately
at the time of its passage.
PASSED AND ADOPTED this3rddayof September 1996.
ATTEST:
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CITY CLERK
1st Reading August 20,1996
2nd Reading September 3,1996
READ AND APPROVED AS TO FORM
CITY ATTORNEY
APPROVED
*S77
MAYOR
COMMISSION VOTE:5-0
Mayor Cunningham:Yea
Vice Mayor Robaina:Yea
Commissioner Price:Yea
Commissioner Bethel:Yea
Commissioner Young:Yea