Ord. No. 29-80-1088/
ORDINANCE NO.29-80-1088
AN ORDINANCE OF THE CITY OF SOUTH MIAMI,
FLORIDA,AMENDING SECTION 16-16 OF
ARTICLE II OF CHAPTER 16 OF THE CODE OF
ORDINANCES OF THE CITY OF SOUTH MIAMI,
FLORIDA BY ADDING,IMMEDIATELY AFTER
SUBSECTION (d)SUBSECTION (e),WHICH
SUBSECTION PROVIDES FOR AN ADDITIONAL
DEATH BENEFIT TO CERTAIN EMPLOYEES OF THE
CITY,INCLUDING THE AMOUNT AND MANNER OF
PAYMENT THEREOF,ELIGIBILITY THEREFOR,
AND PROVIDING WHEN THIS ORDINANCE SHALL
TAKE EFFECT.
WHEREAS,theCity Commission desires togivean
added incentive for employees who join the Pension Plan,to
work 15yearsfortheCityofSouthMiami.
NOW,THEREFORE,BE IT ORDAINED BY THE MAYOR AND
CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA:
Section 1.That Section 16-16 of Article II of
Chapter16oftheCodeofOrdinancesoftheCityofSouth Miami,
Florida,be,and the same is hereby amended by adding immediately
after Subsection (d)the following new Subsection,to-wit:
"(e)An additional death benefit shall be paid
ina lump sum to the beneficiary designated
by eligible employees who have notless than
fifteen (15)years of credited service.The
amount of such death benefit shall be
determined by multiplying the amount of the
monthly payment then being received by the
said participant,or,if the participant has
not yet retired,the amount ofthe monthly
payment the said participant was entitled
to receive by fifty (50)."
Section 2.This Ordinance shall take effect
immediately at the time ofits passage.
PASSED and ADOPTED this 21st dayof October ,1980.
Attest:
City Clerk
Passed on first reading:10/07/80
Passed on second reading:10/21/80
APPROVED:
foved hy Mayor Block
Seconded hy Commissioner
YES
k X
man.X
Piihsnn X
1 -nt7 X
Pnrtfir X
NO
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