ORDINANCE 736ORDINANCE NO_ 32 -71 -736
ORDINANCE OF THE CITY OF SOUTH MIAMI,
FLORIDA, AMENDING SUB- SECTION ('c),
SECTION 16 -14, CODE OF ORDINANCES',
CITY OF SOUTH MIAMI, FLORIDA, BY RE-
DUCING REQUIRED SERVICE FOR EARLY RE-
TIREMENT FROM 30 YEARS TO 15 YEARS;
EXPRESSING INTENT AS TO SEPARABILITY;
EXPRESSING INTENT THAT ORDINANCE BE
INCLUDED IN CODE; AND PROVIDING FOR
EFFECTIVE DATE.
BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY
OF 'SOUTH MIAMI, FLORIDA:
Section 1. That the first paragraph of sub - section (c),
Section 16 -14, Code of Ordinances City of South Miami, Florida,
be amended to read as follows
"(c) Early retirement. A participant,
excluding those participants who are
classified as policemen, may elect an
early retirement date which may be the
first day of any calendar month coinci-
dent with, or subsequent to his sixtieth
(60,) birthday and his completion of fifteen
(15)' years of credited service. The pension
benefits payable to any such participant on
his early retirement date shall be equal to
an actuarial equivalent, determined in ac-
cordance with Table 1, of the amount of
pension to which he is entitled up to his
early retirement date in accordance with
sub- section (b)."
Section 2. if any section, sentence, clause, phrase, or
word of this ordinance is for any reason held or declared to be
unconstitutional, inoperative or void, such holding or invalidity
shall not affect the remaining portions of this ordinance, and it
shall be construed to have been the intent of the Council of the
City of South Miami, to puss this ordinance without, such unconsti-
tutional* invalid or inoperative
part therein, and the .remainder
of this; ordinances after the exclusion- of such parts shall the
deemad and held tn he valid as if such parts had not been
included therein.
Section 3. It is intended that this ordinance be permanent
in nature and shall be included in the Code of ordinances City
of South Miami, Florida.
Section 4. This ordinance ,shall take effect November 1,
1971
PASSED and ADOPTED this 19th day of October , '1971.
ATTEST:
CI CLERIC
." ,,
APPROVED:
MAYOR