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Ord No 35-19-23484 , ORDINANCE NO. 3 5 -19 - 2 3 4 8 An Ordinance amending the South Miami Pension Plan to implement the Collective Bargaining Agreements between the City of South Miami and AFSCME, AFL-CIO and City Employees Local 3294; by amending Section 16-12, "Definitions"; and amending Section 16-14, "Pension benefits and retirement date"; Providing for a Cost of Living Adjustment for General Employees. WHEREAS, the City of South Miami and the American Federation of State, County and Municipal Employees, AFL-CIO and City Employees Local 3294, (hereinafter "Unions"), have entered into new Collective Bargaining Agreements ("Agreements"); and WHEREAS, the purpose and intent of the Agreements is to provide a Supplemental Benefit (i.e. Cost of Living Adjustment) based upon the entire accrued benefit, with a limit of 3% based off of the Consumer Price Index for First Tier Member, Second Tier Member and AMSC Member general employees; 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 Commission has received and reviewed an actuarial impact statement related to such amendments; and WHEREAS, the City Commission wishes to change the terms of the South Miami Pension Plan to effectuate the changes called for in the Agreement; and WHEREAS, the City Commission deems it to be in the public interest to provide these changes to the South Miami Pension Plan; NOW, THEREFORE, BE IT HEREBY ORDAINED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT: Section 1. The foregoing recitals are hereby ratified and incorporated by reference as if fully set forth herein and as the legislative intent of this Ordinance. Section 2: Chapter 16, Article II, of the City of South Miami Code of Ordinances is hereby amended by amending Sec. 16-12, "Definitions" as follows: First Tier Member shall mean general employees who were hired on or before September 30, 2011, who were participating in the South Miami Pension Plan as of September 30, 2011 and who did not elect to discontinue membership in the South Miami Pension Plan thereafter. Page 1 of 4 Ord. Not & 35-,19-2348 Full-time employee shall mean an employee who works over thirty-two (32) hours a week or more on a continuing basis and is eligible to receive all benefits. Supplemental benefit shall mean a variable benefit reflecting changes in the cost of living determined from the Consumer Price Index. , W-hieh may beeeme payable en Oeteber- 1, 1970, and eivep.,A O.Pt.0beff 1 ther-eafter- for- the ensuing 12 month period to Section 3: That Chapter 16, Article II, of the City of South Miami Code of Ordinances is hereby amended by amending Sec. 16-14, "Pension benefits and retirement date" as follows: (b) Amount of pension. The yearly amount of pension payable to a participant on the first day of the month coincident with or next following the participant's retirement date shall be an amount equal to the participant's number of completed years of credited service multiplied by a percentage of final average compensation as stated herein. (4) Supplemental benefit. A supplemental benefit for Police officers, First Tier Members, Second Tier Members and AMSC Members if any-, is payable, determined on each valuation date which occurs after the participant's normal retirement date. The supplemental benefit shall be equal to (1) an amount determined at the first applicable valuation date by multiplying the yearly amount of basic benefit by the percentage, if any, by which the current index exceeds the base index and (2) an amount determined at each subsequent valuation date, where the current index exceeds the prior index, or where the prior index exceeds the current index, by reducing such sum by the product of such sum and the percentage by which the prior index exceeds the current index; provided, however, that in no event shall the supplemental benefit payable at any time be greater than the excess of (1) the basic benefit increased at three (3) percent compounded annually from the initial valuation date applicable to the participant over (2) the basic benefit. In no event shall the supplemental benefit be reduced below zero so as to affect the amount of basic benefit. Supplemental benefits shall commence or be adjusted as of each October 1 and shall continue thereafter for the following eleven (11) months. For First Tier Members, Second Tier Members and AMSC Members who retired or entered the DROP prior to October 1, 2019, the Supplemental Benefit is not provided on the portion of the benefit accrued after September 30, 2011 including increases in the accrued benefit due to increases in final averagecompensation. Eff-ee ;�z-v a Getebe r ' 2011,+t,o supplemefital benefit Cost of Living Adjustment (GOL.A.). �fbr.- geaifi-e.mal em...Pleyees (eligible Page 2 of 4 Ord. No.* 35-1#9-2348 4 t!� (c) Early retirement. (1) A police officer participant may elect an early retirement date which may be the first day of any calendar month coincident with, or subsequent to the participant's fiftieth birthday and completion of fifteen (15) years of credited service. The pension benefits payable to any such participant on early retirement date shall be equal to an actuarial equivalent, determined in accordance with the table below, to the amount of pension to which is entitled up to early retirement date in accordance with subsection (b). Table —Police officer participant — Percentages for early retirement date Years prior to normal retirement date Percentage 1 97 2 94 3 91 4 88 5 85 Age on normal retirement date shall be age nearest birthday. Years prior to normal retirement date shall mean years and completed months from early retirement date to normal retirement date. Allowance for such months shall be made by interpolating in this table. MR . W.M. W 001 To '19,42 00,911 IT 11111 . IM, I . 142 WIT I WN V T W. r 11 . I'M. IN I OR , V I W. i I a' I -, I I -. 'T 19 11111 'M�" (d) Late retirement. A participant, with the written consent of his employer, may elect a later retirement date which may be the first day of any calendar month after normal Page 3 of 4 Ord. NE. 35�19-2348 retirement date. If the participant's contributions shall terminate on late retirement, benefits shall be based on annual earnings and credited service to late retirement date. t Section 4. Conforming language or technical scrivener -type corrections may be made by the City Attorney for any conforming amendments to be incorporated into the final product for signature. Section 5. 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 6. 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 7. 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. Section 8. Effective Date. This ordinance shall become effective upon enactment. PASSED AND ENACTED this 5t' day of November, 2019. ATTEST: APPR VED: i, CITY LERK 0 MAY R IS` Reading: 10/15/19 2"d Reading: 11/5/19 READ AND AP OVED TO FORM: Section 4. Conforming language or technical scrivener -type corrections may be made by the City Attorney for any conforming amendments to be incorporated into the final product for signature. Section 5. 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 6. 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 7. 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. Section 8. Effective Date. This ordinance shall become effective upon enactment. PASSED AND ENACTED this 5t' day of November, 2019. ATTEST: APPR VED: i, CITY LERK 0 MAY R IS` Reading: 10/15/19 2"d Reading: 11/5/19 READ AND AP OVED TO FORM: COMMISSION VOTE: 5-0 LANGUAG GALIT Mayor Stoddard: Yea EXE HEREOF Vice Mayor Harris: Yea Commissioner Welsh: Yea Commissioner Liebman: Yea ciTY,K7MPf4E)7 i Commissioner Gil: Yea Page 4 of 4 Agenda Item No:9. City Commission Agenda Item Report Meeting Date: November 5, 2019 Submitted by: Michelle Caloca Submitting Department: Finance Department Item Type: Ordinance Agenda Section: Subject: An Ordinance amending the South Miami Pension Plan to implement the Collective Bargaining Agreements between the City of South Miami and AFSCME, AFL-CIO and City Employees Local 3294; by amending Section 16-12, "Definitions"; and amending Section 16-14, "Pension benefits and retirement date";and Providing for a Cost of Living Adjustment for General Employees. 3/5 (City Manager -Finance Dept.) Suggested Action: Attachments: Memo - Ordinance Pension Supplemental Benefit (COLA) FINAL.docx South Miami Ordinance Amending Supplemental BenefitCOLA FINAL2.docx Reso 123-19-15395 - Fully Executed AFSCME Agreement 2019-2022.pdf Summary of Retirement Plan Costs as of October 1, 2018- Actuarial Valuation Funding Ratio Info.pdf COLA Projection Study (30 Years).pdf Actuarial Impact Statement- Supplemental Benefit.pdf MDBR Ad.pdf South Miami THE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER -OFFICE MEMORANDUM To: The Honorable Mayor, Vice Mayor and Members of the City Commission From: Steven Alexander, City Manager Date: October 15, 2019 Request: An Ordinance amending the South Miami Pension Plan to implement the Collective Bargaining Agreements between the City of South Miami and AFSCME, AFL-CIO and City Employees Local 3294; by amending Section 16- 12, "Definitions"; and amending Section 16-14, "Pension benefits and retirement date"; Providing for a Cost of Living Adjustment for General Employees. Background The proposed Ordinance enacts changes necessary to bring the City into compliance with the newly executed Collective Bargaining Agreement between the City of South Miami and the American Federation of State, County and Municipal Employees, AFL-CIO, City Employees Local 3294 (AFSCME) (Resolution 123-19-15395). In an effort to successfully negotiate a fair contract, which helps continue to keep employee moral high, while maintaining the financial success the City, allowing for the reduction of the City's millage rate, Management agreed to recommend the reinstatement of the Cost of Living (COLA) pension benefit instead of the merit raise proposal. Currently, all Police members, regardless of the date they joined service with the City, receive the COLA pension benefit for the duration of their retirement. Non -Police employees, including members who are in the City of South Miami Pension Plan, and were hired prior to October 1, 2011, receive a COLA pension benefit for their service prior to October 1, 2011. Employees hired after October 1, 2011 do not receive any COLA pension benefit at all. Simply put, as of today's date, there are some employees who will receive a full COLA pension benefit upon retirement, some who will receive a partial COLA pension benefit upon retirement, and some will not receive the benefit at all. Employees without a COLA benefit in retirement will not have a retirement program that will keep pace with inflation and their future expenses even though others working in the same job will. This is an unfair economic segregation of our employees on completely a random basis. Inflation causes cost -of -living expenses to increase. As the price of everyday items such as food, housing, gas, clothing, and utilities rises, retirees must spend more of their fixed income. To remain in a consistent financial situation, employee retirement amounts must go up as living expenses go up. The main reason to provide a COLA to retirees in their pension is to keep the retirees' benefit reasonable compared to living expenses. The average normal retirement benefit for employees currently in the City's Pension Plan is approximately $27,326 annually. Based on that annual average amount and a hypothetical inflation rate of a modest 1.80%, the $27,326 is going to be reduced to $24,994, a reduction of $2,332 in 5-years, and over a 10-year period the same initial $27,326 is going to be reduced to $22,861, a reduction of $4,465 over that period. By providing all employees with the negotiated COLA pension benefit, employees earned annual pension benefit after retirement will be closer to the cost of inflation, hence allowing them to continue recieving an amount similar to the benefit earned while employed with the City. Currently Effect of Proposal Average Normal Retirement Benefit Amount (per year) $27,326 $27,326 Value of Retirement Benefit at Year $24,994 $27,326 5(per year): Value of Retirement Benefit at Year $22,861 $27,326 10(per year): The first column shows the effect of inflation as it reduces the yearly benefit while the proposed benefit stays abreast of inflation somewhat and is obviously better for the employee. Based on the City's October 1, 2018 Actuarial Valuation report provided by the City's Pension Plan Actuary, the City of South Miami Pension Plan is currently 110% funded. This means that the Pension Plan is very strong and is in possession of 10% more funds than is necessary to fund its financial obligation to retired employees. Attached is the Summary of Retirement Plan Costs as of October 1, 2018. Proposed Ordinance The proposed change reinstates the COLA pension benefit once provided by the City for all employees. For Members who retired or entered the DROP prior to October 1, 2019, the COLA pension benefit is not provided on the portion of the benefit accrued after September 30, 2011 including increases in the accrued benefit due to increases in final average compensation, therefore, in this sense the program is not retroactive. Financial Impact of Proposed Ordinance The City Administration, over the past few years, have made certain pension revisions which will provide an estimated savings to the City totaling over $519,692, over the next 5-years. Together over the next 5-years, the 2016 pension revision that was approved by the City Commission will provide an estimated $442,520 savings and the most recent revision in 2019 which provides for an annual window, during the enrollment period, for employees to join the City's pension plan is estimated to provide a $77,172 savings. It is our intent to continue to keep our employees motivated with a high moral and pride in working for the City of South Miami. Therefore, the City Management negotiated the 3 reinstatement of the supplemental benefit for their pension benefits, as all employees previously were entitled to prior to October 1, 2011, at an estimated cost of $109,000 per year or $593,000 over the next five years. This figure is significantly below the rejected merit raise proposal from just one of the employment groups within the City. Recommendation Approve the attached Ordinance that enacts changes necessary to bring the City fully in compliance with Resolution 123-19-15395, which approved the Collective Bargaining Agreement (CBA) beginning June 22, 2019 through June 21, 2022 between the American Federation of State, County and Municipal Employees, AFL-CIO, City Employees Local 3294 and the City of South Miami, and provides the same benefits to all retirees within the City's program with the intent to fairly and equally continue meeting the City's personnel objectives. Attachments — Proposed Ordinance — Resolution 123-19-15395 Approving the American Federation of State, County and Municipal Employees, AFL-CIO, City Employees Local 3294, CBA — Summary of Retirement Plan Costs as of October 1, 2018 — GRS 30-year Projection Study 4 RESOLUTION NO. 1 23-1 9-1 5395 A Resolution ratifying the three-year Collective Bargaining Agreement from June 22, 2019 to June 21, 2022 between the American Federation of State, County, and Municipal Employees (AFSCME), Local 3294 and the City of South Miami, and authorizing its execution by the City Manager. WHEREAS, the Mayor and City Commission of the City of South Miami seek to provide the highest levels of services for the citizens, residents, businesses, and visitors of the City of South Miami; and WHEREAS, a Collective Bargaining Agreement with the American Federation of State, County, and Municipal Employees ("AFSCME"), Local 3294, is an integral component of this effort; and WHEREAS, the City Administration and the AFSCME have successfully concluded negotiations on a new three-year contract upon execution, which achieves these objectives; and WHEREAS, AFSCME ratified the proposed agreement. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1: The Mayor and City Commission approve the Collective Bargaining Agreement for June 22, 2019 to June 21, 2022, between the American Federation of State, County, and Municipal Employees (AFSCME), Local 3294 and the City of South Miami, and authorizes the City Manager to execute the agreement. Section 2. Severability. If any section clause, sentence, or phrase of this resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this resolution. Section 3. Effective Date. This resolution shall become effective immediately upon adoption. PASSED AND ADOPTED this 151 day of October, 2019. ATTEST: APPROVED: L PCL / CITY CLE C MAYO READ AND APPROVED AS TO FORM LANGUAGE, EXECUTION AND Commission Vote: 5-0 Mayor Stoddard: Yea Vice Mayor Harris: Yea Commissioner Gil: Yea Commissioner Liebman: Yea Commissioner Welsh: Yea kl South�`miami THE CITY OF PLEASANT LIVING AGREEMENT BETWEEN CITY OF SOUTH MIAMI AND AFSCME AGREEMENT FOR FISCAL YEARS June 22, 2019 to June 21, 2022 Of Table of Contents ), 0 0 South THE CITY OF PLEASANT LIVING ............................................................................................................................................... . .............................. I ARTICLE1 AGREEMENT.........................................................................................................................................4 ARTICLE RECOGNITION.....................................................................................................................................4 ARTICLE 3 MANAGEMENT RIGHTS.........................................................................»._..........................................4 ARTICLE NON-DISCRIMINATION........................................................................................................................5 ARTICLE 5 NO STRIKES OR LOCKOUTS...................................................................................................................6 ARTICLE 6 DUES CHECK-OFF.................................................................................................................................6 ARTICLE 7 UNION STEWARD.................................................................................................................................7 ARTICLE 8 MAINTENANCE OF DISCIPLINE.............................................................................................................7 ARTICLE 9 GRIEVANCE AND ARBITRATION PROCEDURE.......................................................................................8 ARTICLE10 SICK LEAVE.......................................................................................................................................I I ARTICLE11 ANNUAL LEAVE................................................................................................................................11 ARTICLE12 FUNERAL LEAVE............................................................................................................................... 12 ARTICLE 13 HOLIDAYS..........................................................................................................................................12 ARTICLE 14 HEALTH INSURANCE.........................................................................................................................13 ARTICLE 15 HEALTH AND SAFETY........................................................................................................................ 13 Page 2 of 27 11 ARTICLE 16 UNIFORMS AND SAFETY EQUIPMENT..............................................................................................14 ARTICLE17 WAGES........................................................................................................ .............................14 ARTICLE 18 LONGEVITY BONUS...........................................................................................................................15 ARTICLE 19 PERFORMANCE EVALUATION..........................................................................................................15 ARTICLE 20 CLASSIFICATION APPEAL..................................................................................................................16 ARTICLE 21 SERVICES TO THE UNION.................................................................................................................16 ARTICLE22 CALL BACK........................................................................................................................................17 ARTICLE23 SEVERABILITY CLAUSE......................................................................................................................17 ARTICLE 24 PERSONNEL RULES AND REGULATIONS...........................................................................................17 ARTICLE 25 COMPLETE AGREEMENT AND WAIVER OF BARGAINING................................................................17 ARTICLE 26 PROHIBITION AGAINST REOPENING OF NEGOTIATIONS.................................................................18 ARTICLE 27 RULES AND REGULATIONS...............................................................................................................18 ARTICLE 28 EMPLOYEE AND UNION COOPERATION..........................................................................................18 ARTICLE 29 VEHICLE AND EQUIPMENT ABUSE...................................................................................................19 ARTICLE 30 OFF DUTY EMPLOYMENT.................................................................................................................20 ARTICLE 31 DRUG AND ALCOHOL TESTING........................................................................................................20 ARTICLE32 COURT TIME................................................................ ...........................21 .......................................... ARTICLE33 LAYOFF AND RECALL........................................................................................................................21 ARTICLE 34 REPRESENTATION DURING NEGOTIATIONS....................................................................................22 ARTICLE35 EMERGENCIES..................................................................................................................................22 ARTICLE 36 LABOR-MANAGEMENT COMMITTEE...............................................................................................23 ARTICLE 37 RETIREMENT BENEFITS.....................................................................................................................23 ARTICLE 38 WORK IN HIGHER CLASSIFICATION.................................................................................................26 ARTICLE39 RELEASE TIME...................................................................................................................................26 ARTICLE 40 TERM OF AGREEMENT....................................................................................................................26 Page 3 of 27 12 ARTICLE 1 AGREEMENT Section 1: This Agreement is entered into by the City of South Miami, hereinafter referred to as the City, and the American Federation of State, County and Municipal Employees, AFL-CIO, City Employees Local 3294, hereinafter referred to as the Union. Section 2: It is the purpose and intention of this Agreement to provide for salaries, fringe benefits and other terms and conditions of employment except as otherwise provided by Constitution, Statute, Charter, Ordinance, Administrative Order or Personnel Rules and Regulations. It is further the intention of this Agreement to prevent interruption of work and interference with the efficient operation of the City of South Miami and to provide an orderly, prompt, peaceful and equitable procedure for the resolution of grievances and the promotion of harmonious relations between the City of South Miami and the Union. Upon ratification, the provisions of this Agreement shall supersede Personnel Rules, Administrative Orders, and/or other rules and regulations in conflict herewith. All references to "employee" and all pronouns in this Agreement are intended to refer to both genders. ARTICLE 2 RECOGNITION The City hereby recognizes the Union as the exclusive bargaining representative of all regular, full time employees employed as equipment operators, laborers, sanitation engineers and supervisors, custodial workers, parks and grounds workers and supervisors, maintenance workers and supervisors, paint and body workers, building maintenance workers and supervisors, maintenance mechanics and supervisors, carpenters, motor equipment operators, and code enforcement officers employed by the City of South Miami, but excluding all secretarial employees, professional employees, managerial employees, and confidential employees. ARTICLE 3 MANAGEMENT RIGHTS Section 1: The Union recognizes that the City Manager (hereinafter referred to as Management") possesses the sole right, duty and responsibility to operate and manage the City and direct the work force; and the rights, authority, and discretion which the City deems necessary to carry out its responsibilities and missions shall be exercised consistently with these terms. Any term and condition of employment other than wages and benefits not specifically established or modified by this Agreement shall remain solely with the discretion of the employer to modify, establish or eliminate, provided such are exercised consistently with the provisions of the current Personnel Rules and Regulations. Section 2: These rights and powers include, but are not limited to the authority to: a. , determine the missions and objectives of the City; Page 4 of 27 13 b. determine the methods, means and number of personnel needed to carry out departmental responsibilities; C. direct the work of the employees, determine the amount and type of work needed, and in accordance with such determination relieve from duty because of lack of funds or lack of work; d. discipline or discharge employees for cause; e. schedule operations and shifts; f. introduce new or improved methods, operations and facilities; g. hire, examine, classify, promote, train, transfer and assign employees; h. schedule and assign overtime work as required; I. determine the utilization of technology; j. merge, consolidate, expand, eF curtail or discontinue temporarily or permanently, in whole or in part, operations whenever in the sole discretion of Management, good business judgment makes such action advisable; k. contract or subcontract any existing or future work; I. the Management will make every effort to notify the Union of the contracting out or privatization of service involving classes within the bargaining unit within 45 days before Management decides to contract out or privatize services M. reduce, assign, or cease any existing job authorized in the City's approved budget, including those covered in the current Personnel Manual n. determine whether and to what extent the work required in its operation shall be performed by the employees covered by this Agreement. o. have the sole discretion to determine the plan design for all medical and dental coverage that benefits employees covered under this Agreement. Management agrees to consider the recommendations of the Employees' Benefits Committee as may be established by the City Manager. The Union shall be entitled to have one seat on any such Employee Benefits Committee, said representative to be appointed by the Local's President. ARTICLE 4 NON-DISCRIMINATION Section 1: It is agreed that there shall be no discrimination against any employee covered by this Agreement, by either the Union or the City because of race, color, sex, age, national origin, religion, disability, sexual orientation, membership in the Union, or non -membership in the Union. The parties further agree that the City may take any and all action in order to fully comply with the Americans with Disabilities Act. Section 2: All employees covered by this Agreement shall have the right to join the Union as well as the right not to join the Union. Neither the Union nor its members or agents shall Interfere with, restrain, or coerce employees into membership in the Union. The Union and the Page S of 27 14 City shall not discriminate against any employee because of that employee's membership or lack of membership in the Union or by virtue of the employee holding office or not holding office in the Union. ARTICLE 5 NO STRIKES OR LOCKOUTS Section 1: There will be no strikes, work stoppages, picketing, slowdowns, boycotts, or concerted failure, or refusal to perform assigned work while working or while in City uniforms, by the employees covered under this Agreement for any reason whatsoever, and there will be no lockout by the City for the duration of this Agreement. The Union supports the City fully in maintaining efficient operations. Section 2: It is recognized by the parties that the City is responsible for and engaged in activities that are the basis of the health and welfare of the citizens of the City and that any violation of this Article would give rise to irreparable damage to the City and the public at large. Accordingly, it is understood and agreed that in the event of any violation of this Article, the City shall be entitled to seek and obtain immediate injunctive relief. Section 3: Informational picketing is that picketing permitted solely for the purpose of conveying to the general public the Unions position in the labor dispute. Section 4: In the event of a strike, work stoppage or interference with the operation and/or accomplishment of the mission of the City, the Union shall promptly and publicly order the employees to return to work and attempt to bring about a prompt resumption of normal operations. ARTICLE 6 DUES CHECK -OFF Section 1: Upon receipt of a lawfully executed written authorization from an employee, the City agrees to deduct the regular Union dues of such employee from his regular pay and remit such deduction to the duly elected Treasurer of the Union within thirty (30) days from the date of deduction. The Union will notify the City in writing thirty (30) days prior to any change in the regular Union dues structure. Section 2: An employee may revoke his/her Union dues deduction in accordance with Section 447.303 Florida Statutes. Section 3: The Union agrees to indemnify and hold the City and any of its agents or Commission members harmless against any and all claims, suits, orders or judgments brought or issued against the City as a result of any action taken or not taken by the City under the provisions of this Agreement. Page 6 of 27 15 ARTICLE 7 UNION STEWARD Section 1: The Union has the right to select an employee from within the Bargaining Unit, as herein defined, to act as Union Steward. The name of the Union Steward and alternate Steward shall be certified, in writing, to the City Manager by the Union. It is agreed and understood by the parties to this Agreement, that the Union Steward may, without loss of pay, with prior approval of his supervisor, process grievances. The supervisor's approval shall not be unreasonably withheld. It is agreed to and understood by the parties to this Agreement that there shall not be more than one (1) Steward and one (1) alternate Steward within the Bargaining Unit, as herein defined. It is agreed and understood by the Union that the Union Steward, or his/ her alternate, (hereinafter collectively referred to as "the Union Steward") shall process grievances and conduct his/her other Union duties in such a manner that does not disrupt normal City activities, work production and services. Section 2: Every effort will be made, by both the City of South Miami and the Union, to allow the Union Steward to investigate grievances as rapidly as possible, preferably on the date that the grievance becomes known, and within at least twenty-four (24) hours. The investigation of a pending grievance or personal contact of the employee during work time by the Union Steward shall not be done without first receiving prior approval from both employees' supervisors. Approval shall not be unreasonably withheld. Section 3: In no event shall the Management layoff, discharge, or discriminate against a Union Steward for action taken in the performance of his/her duty as a Steward. ARTICLE 8 MAINTENANCE OF DISCIPLINE Section 1: The parties understand and agree that the maintenance of discipline is necessary to insure the efficient and safe operation of the City. Therefore, the City reserves the right to impose disciplinary actions (penalties) for work deficiencies and/or the failure to meet established standards of conduct. Disciplinary actions shall be taken in the most timely, judicious and consistent manner possible. The City will utilize the progressive discipline policy as set forth in the Personnel Manual, which shall take precedence in such matters. Section 2: Whenever it is alleged that an employee has violated any rule, regulation or policy, or upon the discovery of the violation, the employee shall be notified by his/her supervisor of said violation as soon as practicable or upon the conclusion of the investigation if one is being conducted. Every effort shall be made to have an informal discussion with the employee prior to the issuance of any disciplinary action. Page 7 of 27 16 Section 3: There shall be no Performance Report, Evaluation Statement, or Reprimand placed in an employee's personnel folder unless the employee has been given a copy prior to or at the same time that it is placed in the file. Section 4: All matters concerning discharge and discipline are to be resolved only in accordance with the procedures set forth below. It is specifically agreed and understood that probationary employees shall have no right to challenge disciplinary action. Section 5: An employee may choose to appeal a disciplinary action, which has no loss of time, to the City Manager. An appeal to the City Manager must be done in writing within three business days from the time the disciplinary notice is issued to the employee. The appeal must present the facts dealing with the specific circumstance and explain why the City Manager should reconsider the discipline. The City Manager's decision is final and the employee does not have the right to appeal or grieve once this appeal process is selected. Alternatively, the employee may choose to appeal a disciplinary action through the grievance process as specified in Article (9) of this Agreement. The employee can only select one of the two procedures specified in this section. ARTICLE 9 GRIEVANCE AND ARBITRATION PROCEDURE Section 1: In a mutual effort to provide a harmonious working relationship between the parties to this Agreement, it is agreed and understood that there shall be a procedure for the resolution of grievances between the parties and that such procedure shall cover grievances Involving the application or interpretation of this Agreement. Section 2: Every effort will be made by the parties to settle any grievance as expeditiously as possible. Should the grieving party fail to observe the time limits as set out in the steps of this Article, his/her grievance shall be considered conclusively abandoned and the abandonment shall not be the subject of arbitration. Any grievance not answered by management within the prescribed time limits shall automatically advance to the next higher step. Section 3: Grievances shall be presented in the following steps: 1. The employee shall first take up his/her grievance with his immediate supervisor, who is not a member of the Bargaining Unit, within ten (10) business days of the occurrence of the event(s) which gave rise to the grievance. This first step (between the employee and his immediate supervisor) shall be on an informal and oral basis, and may involve the employee's union representative or any other representative of the employee; 2. Any grievance, which cannot be satisfactorily settled with the immediate supervisor, shall be reduced to writing by the employee and deliver to the employee's Department Director by any means that provides some evidence of its delivery, such as e-mail or facsimile transmission, and if delivery is by hand, it shall be signed by the Department Director solely to establish date of Page 8 of 27 17 receipt.. Such grievance shall be presented to the Department Director within three business days from the immediate supervisor's decision being made under step 1 of this section, but in any event, the grievance shall be delivered to the Department Director no later than 21 days of the occurrence of the event(s) which gave rise to the grievance. The Department Director shall, within ten (10) business days after presentation of the grievance (or such longer period of time as is mutually agreed upon in writing and signed by both the employee (or employee union representative) and the Department Director), render his decision on the grievance in writing and deliver it to the employee, or the employee union representative, by any means that provides some evidence of its delivery, such as e-mail or facsimile transmission. 3. In the event the employee is not satisfied with the disposition of the grievance in Step (2), he shall have the right to appeal the Department Director's decision to the City Manager, or his designee, within ten (10) business days of the issuance of the Department Director's decision. Such appeal must be accompanied by the filing of a copy of the original written grievance together with a letter signed by the employee and deliver to the City Manager by any means that provides some evidence of its delivery, such as e-mail or facsimile transmission receipt, and if delivery is by hand, it shall be signed by the Department Director solely to establish date of receipt. The employee may also opt to have the employee's union representative to request that the Department Director's decision be reversed or modified. The City Manager, or his designee, shall within ten (10) business days of the appeal (or some longer period as is mutually agreed upon in writing and signed by both the employee (or employee union representative) and the Department Director)) render his decision in writing, and deliver a copy to the employee and to the employee's union organization or representative, both of which shall be deliver by any means that provides some evidence of its delivery, such as e-mail or facsimile transmission and if delivery is by hand, it shall be signed by the recipient solely to establish date of receipt. 4. Where a grievance is general in nature in that it applies to a number of employees rather than a single employee, or if the grievance is directly between the employee's(s) union organization and the City, such grievance shall be presented in writing directly to the Department Head within ten (10) business days. of the occurrence of the event (s) which gave rise to the grievance. The grievance shall specify the names of the employees desiring to grieve. The class action grievance must be signed by the aggrieved employees or the President or representative of the employee union organization. Thereafter, the grievance shall be processed in accordance with the procedures set forth in Step (2) and Step (3), including the requirements for delivery of grievances/appeals and employer decisions. 5. In the event a grievance processed through the grievance procedure has not been resolved at Step (3), either party may request that the grievance be submitted to arbitration within fifteen (15) business days after the City Manager, or his designee, renders a written decision on the grievance. The arbitrator shall be any impartial person mutually agreed upon by and between the parties. However, in the event the parties are unable to agree upon said impartial arbitrator, the Page 9 of 27 18 parties shall jointly request the Federal Mediation Conciliation Service (FMCS) to furnish five(5) names from which each party shall have the option of striking two (2) names in alternating fashion, thus leaving the final arbitrator who shall hear the arbitration in accordance with the FMCS rules of procedure. 6. The arbitrator will confine his consideration and determination to the written statement of the grievance presented in Step (2) of the grievance procedure. The arbitrator shall have no authority to change, amend, add to, subtract from, or otherwise alter or supplement this Agreement, or any part thereof or amendment thereto nor to interpret any provision that is clear or unambiguous. The arbitrator shall have no authority to consider or rule upon any matter which is stated in this Agreement not to be subject to arbitration or which is not a grievance as defined in this Agreement; nor shall this collective bargaining agreement be construed by the arbitrator to supersede applicable laws in existence at the time of signing of this Agreement, except to the extent as specifically provided herein. 7. Consistent with the provision of the Florida Public Employees Relations Act, Chapter 447, et seg., it is mutually acknowledged and agreed that this collective bargaining agreement shall be administered within the amounts appropriated by the City Commission for funding of the collective bargaining agreement. Accordingly, and not withstanding any other provisions of this collective bargaining agreement, the arbitrator shall have no authority, power, or jurisdiction to construe any provisions of law, statute, ordinance, resolution, rule or regulation, or provision of this collective bargaining agreement to result in, obligate, or cause the City to have to bear any expense, debt, cost or liability except for the expense of arbitration, by both parties, and the economic benefits provided by this Agreement, which result directly or indirectly, in the City exceeding the amounts appropriated and approved by the City Commission for the funding of this collective bargaining agreement as agreed upon by the parties. Any such award, which contravenes or is not in compliance with the provisions of this paragraph shall be null and void. 8. Each party shall bear the expense of its own witness(es) and of its own representatives for the purpose of the arbitration hearing. The impartial arbitrator's fee and related expenses and expenses of obtaining a hearing room, if any, shall be equally divided between the parties. Any party desiring a transcript of the hearing shall bear the cost of such transcript unless both parties mutually agree to share said cost. 9. The initial selection process for choosing an impartial arbitrator shall commence within ten (10) business days after the receipt of the panel from the Federal Mediation Conciliation Service and each party shall have three business days to strike a member of the panel. Copies of the arbitrator's award made in accordance with the jurisdiction and authority under this Agreement shall be furnished to both parties within thirty (30) days of the close of the arbitration hearing. The arbitrator's award shall be final and binding on the parties. Page 10 of 27 19 10. No probationary employee shall be entitled to utilize the grievance/arbitration procedure herein on any matter involving discharge, suspension, demotion or other disciplinary action. ARTICLE 10 SICK LEAVE Section 1: Sick leave is a benefit to be used by employees when needed for illness. Sick leave is not a benefit to be used at the employee's discretion as though it were annual leave; rather, sick leave is a privilege, which shall be allowed only in a case of illness. The employee must specifically request sick leave -use. Section 2: Effective October 1, 1995, employees will be allowed to accrue sick leave in excess of the 600 hours cap. All sick leave will be governed by Section 4 of this Article. Section 3: All employees who have attained a sick leave balance of a minimum of 36 days (288 hours) shall be eligible on their first anniversary date following that accumulation to convert up to 40 hours of their annual unused sick leave balance in excess of 288 hours to vacation leave. An employee who uses in excess of 32 hours of sick leave during a one-year period will not be eligible for this benefit during that year. Section 4: Employees hired prior to October 1, 1995, who voluntarily terminate employment from the City, shall receive payment for 100% of leave deposited in their sick bank, up to 600 hours. Employees hired on or after October 1, 1995 who, upon voluntary termination from the City, have a minimum of 300 hours of leave deposited in their sick leave bank, shall be entitled to a termination payout of 150 sick leave hours. Employees hired on or after October 1, 1995 with less than 300 hours of sick leave will not be entitled to a sick leave payout upon termination. ARTICLE 11 ANNUAL LEAVE Section 1: Employees shall earn and receive annual leave at their respective classified rate of pay in accordance with the following schedule: Years of Uninterrupted Service One to five years inclusive Six to fourteen years inclusive Fifteen to nineteen years inclusive Twenty years and over Page 11 of 27 Amount of Vacation Leave 12 working days 15 working days 18 working days 21 working days 20 Section 2: No vacation pay shall be allowed until an employee has worked at least one (1) continuous 12- month period. At the end of the 12-month period, the employee shall be entitled to twelve (12) working days. Section 3: It shall be mandatory for each employee to use all earned vacation time each year, on or before his next anniversary date. Everything over that will be cancelled. Under exceptional circumstances and upon written request within the year in which the vacation is due, and with the approval of the City manager, vacation time may be extended for one year only. Section 4: Vacation leave may be taken to the extent that it is earned by an employee, only with the prior approval of the department head, upon written application by the employee in advance, and at the convenience of the City. Section 5: Any earned and credited vacation leave to the credit of an employee when terminating employment with the city will be paid pro-rata at the employee's current rate of pay with the last paycheck received. Section 6: Any employee covered by this Agreement who has over twenty years of uninterrupted service shall accumulate one additional day of annual leave per year of service. ARTICLE 12 FUNERAL LEAVE 1. Employees covered by this Agreement shall be entitled to funeral leave with pay up to a maximum of four (4) work days in the event of a death in the employee's immediate family. Two (2) additional days of leave may be granted if travel is out of state. 2. The immediate family shall be defined as wife or husband, domestic partner, grandparents, parents, children, step children, grandchildren, step grandchildren, brothers, step brothers, sisters, step sisters, father-in-law, mothers-in-law, brother-in-law and sister-in-law. 3. Proof of death in the immediate family in the form of a death certificate or public obituary must be provided to the City Manager or their designee before compensation is approved. 4. Funeral leave shall not be charged to sick leave or annual leave. ARTICLE 13 HOLIDAYS The paid holidays listed below shall be granted under the following conditions: 1) January 1 2) 3rd Monday of January 3) 3rd Monday of February 4) 4th Monday of May Page 12 of 27 New Year's Day Martin Luther King's Birthday President's Day Memorial Day 21 5) July 4 Independence Day 6)1st Monday of September Labor Day 7) 2"d Monday of October Columbus Day Holiday 8) November 11 Veteran's Day 9) Last Thursday in November Thanksgiving Day 10) Friday after Thanksgiving 11) % day December 24 Christmas Eve 12) December 25 Christmas Day When a holiday falls on a regularly assigned day off for an employee, such employee shall be compensated by another day off. When a holiday falls on a Sunday, the following Monday shall be observed and when it falls on a Saturday, the proceeding Friday shall be observed. Each employee shall be entitled to a day off, with pay, for his/her birthday each year, following one year of continuous employment. The day off is to be taken within a reasonable time and will be determined by the supervisor and employee. Approval/denial of the requested day off shall not he made in an arbitrary and capricious manner. Each employee shall be entitled to two days off, with pay, as floating holidays each year, following one year of continuous employment. The supervisor must approve the day off. In order to be eligible for holiday pay, the employee must work the scheduled workday before and the scheduled workday after the holiday. ARTICLE 14 HEALTH INSURANCE The City agrees to pay for HMO health insurance for all employees covered by this agreement. Employees wanting the optional POS or PPO health insurance will pay the difference between the two plans. The City will provide levels of dental coverage, as well as life and disability insurance. The employee agrees to pay for 100 % of dependent coverage for health and dental insurance. The City has the right to change the plan designs as a management right. ARTICLE 15 HEALTH AND SAFETY Section 1: The parties agree that it is in the best interests of the City and its employees to provide safe and sanitary working conditions. The City and the Union insist that all employees observe the safety rules and procedures established by the City. Failure of employees to comply may result in disciplinary action. If an employee believes he is being required to work under life threatening unsafe conditions or in a situation where a serious safety violation exists, he shall immediately notify his supervisor who will investigate the condition and take appropriate action, if necessary. Page 13 of 27 22 Section 2: Safe Driving Awards. Any employee covered by this Agreement who drives or operates motor equipment twenty-five percent of the time or greater in the performance of their duties shall be eligible to receive a safe driving certificate and a $250 bonus in December if the employee has not had a preventable accidents/violations or chargeable accidents within that calendar year. Employees shall be held accountable for accidents that are found to be preventable. The City Manager or designee shall determine whether accidents were preventable. Section 3: An employee shall receive a copy of the on the Job Injury Report after the report is provided to the employee and after the employee has signed the report. Neither the City, Union, nor any individual employee covered under this Agreement may refuse to report an injury nor prevent, hinder or otherwise discourage an employee from reporting an injury. Failure to promptly report a work -related accident or injury shall result in disciplinary action. ARTICLE 16 UNIFORMS AND SAFETY EQUIPMENT Section 1: Safety Equipment. Employees of the Public Works Department shall be issued two (2) pairs of safety shoes per employee for use at work each year. In addition to safety steel toe shoes, the following safety equipment shall also be used by unit employees as applicable: safety gloves, eye goggles, safety vests, life vests (boat), hard hats, safety harnesses, and safety belts (vehicle). Employees who sign for and receive safety equipment shall use it in a safe manner, as directed by the Director. Employees are responsible for using safety equipment properly. If an injury occurs because an employee did not use safety equipment properly, the employee may be disciplined. Section 2: Uniforms: Each employee shall receive six (6) pair of pants and twelve (12) work shirts, per person each year. Section 3: Gloves: Each employee shall receive two (2) pairs of gloves per year. In extreme circumstances, the Director will determine if the employee requires an additional pair during the year. Section 4: The City shall issue to each employee covered by this Agreements a jacket of sufficient quality to meet the safety and/or uniform needs of the Department. Furthermore, safety shoes will be replaced as necessary to maintain safety standards of the Department. ARTICLE 17 WAGES t. Effective October 1, 2016, and each year thereafter, bargaining unit members shall receive a cost of living increase, based on the Consumer Price Index - All Urban Consumers 12-Month Percent Change for the Miami -Ft. Lauderdale FL area (CPI) which shall have the effect of increasing the pay for each employee, unless the CPI is zero or is negative, which shall then have Page 14 of 27 23 no decreasing effect on the employee's pay unless the CPI for the previous year or an average of the last 2 years exceeded 3%. The CPI increase shall never exceed 3% each year ARTICLE 18 LONGEVITY BONUS Employees covered by this Agreement with 10 years of continuous satisfactory full-time service shall receive a longevity bonus of 3% of the employee's base salary on their anniversary date (Longevity 1). After 15 years of continuous satisfactory full-time service an additional 3% longevity bonus will be compounded (Longevity 2). After 20 years of continuous satisfactory full- time service an additional 3% longevity bonus will be compounded (Longevity 3). After 25 years of continuous service with the City, all bargaining unit employees who are employed in positions covered by this `Agreement shall receive an additional longevity bonus, which is 3% of their salary compounded (Longevity 4). ARTICLE 19 PERFORMANCE EVALUATION During the term of this Agreement, all employees shall be evaluated on their anniversary date (or as close thereto as possible). All newly hired employees will have a one-year probationary period. Should an employee covered hereunder reach the top of the salary range in his job classification, he shall be "red -lined" and shall not be eligible for any increases. Any employee receiving an overall evaluation of improvement needed or unsatisfactory shall be reevaluated within no more than ninety (90) days from the first evaluation. The anniversary date for future evaluations shall continue being the employee's anniversary hired, or rehired, date. In the event that the employee remains unsatisfactory after the second evaluation, the City Manager may take such further action, as he deems appropriate to improve the performance and a third reevaluation shall be conducted within no more than ninety (90) days from the issuance of the second evaluation. If the employee remains unsatisfactory after the third evaluation, the City Manager may terminate the employee. In the event that an employee is dissatisfied with a less than satisfactory evaluation, the employee may, within five (5) working days of receiving his evaluation, file a written appeal to the City Manager or his/her designee. The City Manager or his/her designee shall hold a meeting with the employee and a Union representative if desired and shall thereafter issue his/her decision. The City Manager's decision regarding the contents of the performance evaluation and the employee's employment status shall be final and binding and shall not be subject to review, grievance, or any legal action within a court of competent authority. All newly hired employees will be given an interim evaluation after six (6) months. Page 15 of 27 24 ARTICLE 20 CLASSIFICATION APPEAL Section 1: Whenever an employee has reason to believe that he/she is misclassified, he/she may apply for a review of his/her classification by submitting such a request in writing to his/her Department Director. The request shall include proposed job description. Within 20 calendar days of receipt of the request, the Department Director shall forward the request, with any comments that the Department Director wishes to make, to the City Manager. Section 2: Within 30 days of receipt of the request for reclassification, the City Manager or his/her designee, shall meet with the employee (and, if the employee requests, a representative of his/her choosing). At the meeting, the employee may produce any documents to support his/her request for reclassification. Within 30 calendar days of such meeting, the City Manager shall render his decision in writing. Section 3: If the City Manager or designee determines that an employee is misclassified, the employee shall be placed in a current appropriate classification (as determined by the City Manager or designee), unless the City Manager or designee determines that there is no existing appropriate classification. In such cases, the City Manager may recommend to the City Commission that a new classification, job description, and pay range be adopted. Failure of the City Commission to approve the City Manager's recommendation shall not bind the City to any further action. In the event that a request for reclassification is granted, the employee shall receive the new compensation beginning with the date of the City Manager's or designee's decision. Section 4: The City Manager's or designee's decision regarding the classification determination shall be final and is not grievable. Section 5: Employees may not submit a request for reclassification more than once every twelve (12) months. ARTICLE 21 SERVICES TO THE UNION Section 1: The City agrees to furnish the Union, once a year, one copy of the following regarding employees in the bargaining unit, provided the employee delivers to the City a written consent to the dissemination of the information described in section La., below, to the Union: a) A list of their names, addresses, classifications, and social security numbers; and b) A list of employees by occupation. Section 2: The City will furnish the Union with sufficient bulletin board space for up to four (4) Union notices, size 8-1/2 X 14 at the following two (2) locations: Public Works and the employee lounge. It is intended for the purpose of interpretation that the bulletin boards shall be provided primarily for employee information and internal communications and not for the primary purpose Page 16 of 27 25 of communicating with the general public. The Department Director must first approve anything that the Union wishes to post on the bulletin board. Section 3: During group orientations of new employees within the AFSCME bargaining unit, the Union shall be given an opportunity, in the presence of the Personnel Manager, and if available the applicable Department Director, to introduce (or have introduced) one of its Local Representatives who may speak briefly to describe the Union, participation in negotiations and general interest in representing employees. ARTICLE 22 CALL BACK Employees called back to work after one hour from their normal tour of duty shall be guaranteed a minimum of - four (4) hours pay, which shall be considered hours worked for the purpose of determining overtime compensation, provided such work does not immediately precede or immediately extend the employees regularly assigned work shift. ARTICLE 23 SEVERABILITY CLAUSE Should any provision of this collective bargaining agreement, or any part thereof be rendered or declared invalid by reason of any existing or subsequently enacted legislation, or by any decree of a court of competent jurisdiction, all other Articles and Sections, and parts thereof, of this Agreement shall remain in full force and effect for the duration of this Agreement. ARTICLE 24 PERSONNEL RULES AND REGULATIONS The Personnel Rules and Regulations of the City of South Miami as published in the City's Personnel Manual also known as the Employee Policies and Procedures Manual are hereby incorporated into this Agreement in its entirety. ARTICLE 25 COMPLETE AGREEMENT AND WAIVER OF BARGAINING Section 1: It is agreed and understood that this Agreement constitutes the complete understanding between the parties, concluding all collective bargaining during its term, except as may otherwise be specifically provided herein. The entire Agreement may be reopened for. negotiations in the event any portion of it is not approved by the City Commission of South Miami, or funds are not available for its implementation. Section 2: It is understood and agreed that if any part of this Agreement is in conflict with mandatory Federal or State Laws or mandatory provisions of the City Charter or Ordinances, such parts shall be re -negotiated and the appropriate mandatory provisions shall prevail. Page 17 of 27 K1: ARTICLE 26 PROHIBITION AGAINST REOPENING OF NEGOTIATIONS Except as specifically provided herein, neither party hereto shall be permitted to reopen or renegotiate this Agreement or any part of this Agreement unless the City declares a state of financial urgency. This Agreement contains the entire agreement of the parties on all matters relative to wages, hours, working conditions, and all other matters, which have been, or could have been negotiated by and between the parties prior to the execution of this Agreement. ARTICLE 27 RULES AND REGULATIONS Section 1: It is agreed and understood that the City has Rules and Regulations governing employment. Said Rules and Regulations shall be formulated, amended, revised and implemented in the sole and exclusive discretion of Management, provided, however, that said new, amended, revised, and implemented rules or regulations will be neither arbitrary nor capricious. Section 2: The City shall provide a copy of any new rule or regulation, as well as any amendment or revision to a rule or regulation to the Union. Said rules or regulations will be provided prior to their effective date, if possible. As provided in Section 1, the Rules and Regulations will be formulated, amended, revised and implemented in the sole and exclusive discretion of Management. However, the Union may submit a written request to bargain over the impact of the new and/or revised rule or regulation within fourteen (14) calendar days from receipt of the rule or regulation. The City agrees that it will immediately participate in requested impact bargaining, provided that the effective date of the revised rule or regulation will not be delayed by the impact bargaining. ARTICLE 28 EMPLOYEE AND UNION COOPERATION The Union agrees that it and all of the members of the bargaining unit will, at all times, work in the best interests of the City and further, will perform efficient work and put forth their best efforts toward obtaining lowest possible operating costs to protect the properties and serve the best interests of the City and its residents. 1. Accretion: The employer shall notify the Union within fifteen (15) days of its decision to implement any new job classifications that possess job duties similar in nature to those performed by employees in the bargaining unit. If the new classification is a successor title to a classification covered by this Agreement and the job duties are not significantly altered or changed, the new classification shall automatically become part of the bargaining unit and subject to the terms of this Agreement. If a new classification contains a significant part of the work now being done by any of the classifications covered by this Agreement, or whose duties are similar to other bargaining unit employees, the new Page 18 of 27 27 classification shall automatically become a part of the bargaining unit and subject to the terms of this Agreement. If the City believes that the new classification does not share duties that are similar to those currently held by a classification in the bargaining unit, the City shall so advise the Union. If the Union disagrees with the City's position as to the new classification, the parties shall jointly petition PERC for a determination as to whether the position belongs in the Unit. Until such time as PERC determines the position belongs in the unit, the position shall not be covered by the Agreement. 2. Information Provided to the Union: The Employer shall provide, upon written request of the Union, for each employee in the bargaining unit represented by the Union, in Excel format: 1. Name 2. Home address 3. Home phone number 4. Department S. Position Classification 6. Starting Date 7. Hourly wage The Union may present a written request for employee information twice every calendar year. 3. PEOPLE Deduction: The Employer agrees to deduct from the wages of any employee who is a member of the Union a PEOPLE deduction as provided for in a written authorization. Such authorization must be executed by the employee and may be revoked by the employee at any time by giving written notice to both the employer and the Union. The Employer agrees to remit any deductions made pursuant to this provision promptly to the Union together with an itemized statement showing the name of each employee from whose pay such deductions have been made and the amount deducted during the period covered by the remittance. ARTICLE 29 VEHICLE AND EQUIPMENT ABUSE If an employee abuses vehicles or equipment, the employee will be subject to discipline in accordance with the Discipline policy set forth in the Employee Policies and Procedures Manual (Personnel Manual). Page 19 of 27 28 ARTICLE 30 OFF DUTY EMPLOYMENT Employees shall be permitted to work off duty jobs with the prior approval of the City Manager. Off duty jobs that have hours that conflict with the employee's regular shift, that present conflicts of interest, etc. shall not be approved. However, approval of off -duty employment shall not be unreasonably withheld. ARTICLE 31 DRUG AND ALCOHOL TESTING Section 1: The City and the Union recognize that employee substance and alcohol abuse has an adverse impact on City government, the image of City employees, the general health, welfare and safety of employees, and to the general public at large. Section 2: Using, selling, possessing or being under the influence of drugs or controlled substances while at work is prohibited. Employees are further prohibited from consuming alcohol and drugs (other than drugs/narcotics prescribed by a Florida licensed doctor) while on duty and/or abusing alcohol and/or drugs off duty to the extent that such use and/or abuse tends to have an effect upon the performance of their job functions. Section 3: The City may require any employee to submit to a blood analysis, urine analysis, and/or intoxilyzer, when it has a reasonable suspicion that an employee is under the influence of or using alcohol or drugs (other than drugs/narcotics prescribed by a Florida licensed doctor) and/or when an employee is involved in an accident (i.e., automobile or an incident that causes injury to persons or property damage). Section 4: All bargaining unit employees covered by this Agreement have agreed to submit to random drug/alcohol tests. Employees will be selected at random and without prior notification for alcohol and drug testing. Random drug/alcohol testing may occur not more than twice per employee per year. Section 5: The parties agree that an employee's refusal to submit to drug or alcohol testing in accordance with the provision of this Article may result in disciplinary action being taken against the employee up to and including dismissal. Section 6: At the conclusion of the drug and/or alcohol testing, the City may take whatever action, if any, it deems appropriate. In the event that said action is in the form of discipline, the employee may grieve said disciplinary action through the contractual grievance/arbitration procedure. Page 20 of 27 29 Section 7: It is further understood and agreed that all issues pertaining to Drug and Alcohol Testing shall be governed by City of South Miami Drug and Alcohol Free Workplace Policy and Personnel Rules and Regulations set forth in the Employee Policies and Procedures Manual. ARTICLE 32 COURT TIME Any employee who is subpoenaed to testify at a court trial in a matter arising out of the performance of his/her official job duties, or who is required to serve on a State of Florida orfederal court jury, will be paid his/her straight time rate for each scheduled work day lost, minus any compensation received from the court or witness fees. Employees released by the court shall report back to work, unless they are relieved within two (2) hours of the end of the employee's shift. Upon return to work, employees shall furnish evidence of time release to the Personnel Office. ARTICLE 33 LAYOFF AND RECALL Section 1: A layoff shall be deemed to have occurred when the City, within its sole discretion, announces that it is laying off employees for lack of work or lack of allocated funds. Section 2: The City agrees to notify the Union of the names of employees being laid -off at the same time notice is provided to the affected employees or immediately thereafter. Section 3: The City Manager or his designee shall designate the job classifications in which the layoffs shall occur and the number of employees within each classification to be laid off. Employees covered under this Agreement shall be laid off by job classification and, within each classification, by City employment seniority. However, no regular full-time employee shall be separated from his/her classification while there are emergency, provisional, probationary, part- time, or temporary employees in the classification In which the layoff(s) is occurring and who have not been laid off. Section 4: Any employee covered by this Agreement who is affected by a layoff may be considered to displace any employee with less City employment seniority in any lower rated classification covered by this Agreement, provided that said employee is immediately qualified to perform the necessary services to be performed in that lower rated classification. The City manager and/or the Personnel Manager shall determine lower rated classifications and whether the affected employee is immediately qualified to perform the necessary services to be performed in that lower rated classification. Such determinations shall be made in the sole discretion of the City Manager and/or the Personnel Manager and shall be final and binding. When an employee elects to "bump" into a lower rated classification, said employee will be paid the rate of pay of that lower rated classification. Page 21 of 27 30 Section 5:* Employees who have been laid off will have the recall rights for a period of time not to exceed twenty-four (24) months to the position they held when they were laid off or into a lower rated classification covered by this Agreement, provided that the employee is immediately qualified to perform the necessary services under the employee classification or in the lower rated classification, should the position become available. All employees who are recalled shall be required to pass a physical examination and a drug test prior to being authorized to return to work. Section 6. Employees on layoff shall be responsible to keep on file with the City Manager's office the employee's current address. If an employee on layoff fails to keep his/her current address on file as provided herein, the employee shall forfeit all recall rights. Employees entitled to recall shall be notified of a vacancy by certified mail not less than seven (7) calendar days prior to the date the employee is to report to work. A copy of the recall notice shall be sent to the Union. A recalled employee shall be considered to have voluntarily resigned if he/she fails to accept employment within fourteen (14) calendar days after the notification is mailed by the City or fails to report to work as instructed. Thereafter, the provisions of this Agreement notwithstanding, the City will owe no further obligation to the employee. Section 7: An employee on layoff status does not accrue seniority but does retain his/her accumulated seniority until recall. If recalled, the employee again begins to accrue seniority. ARTICLE 34 REPRESENTATION DURING NEGOTIATIONS Section 1: The bargaining team for each party shall consist of not more than four (4) persons. The Union will furnish the City with a written list of its bargaining team prior to the first negotiation meeting. Section 2: Prior to the first negotiation meeting, the Union shall designate up to two (2) unit employees who will be paid their regular rate of pay for attending negotiations during work hours. Such pay shall not exceed twenty (20) hours in each fiscal year. ARTICLE 35 EMERGENCIES Section 1: The City Manager shall have the right, in his sole and exclusive discretion, to determine if and to what extent an emergency situation exists with respect to City property and/or to the citizens of the City. Immediately after making such determination, the City Manager's office shall notify the Union of the decision, and, to the extent possible, the length of time the emergency condition is expected to continue. Section 2: During the declared emergency, all provisions of this Agreement may be suspended. Any provision so -suspended will be reinstated upon order of the City Manager after the emergency has ended. Page 22 of 27 31 Section 3: Disputes concerning the Agreement arising during the declared emergency shall not be subject to the grievance and arbitration procedure except disputes concerning salary and wages. ARTICLE 36 LABOR-MANAGEMENT COMMITTEE There shall be a Labor -Management Committee consisting of no more than two management representatives designated by the City Manager and no more than two bargaining unit employees appointed by the President of the Union. The Labor -Management Committee shall meet as mutually agreed upon by the participants. The sole function of the Committee shall be to discuss general matters pertaining to employee relations (e.g., safety issues). Thus, the parties agree that the purpose of the Committee shall not be to discuss grievances or matters which have been the subject of collective bargaining. Each bargaining unit Committee member shall be paid his or her regular salary for attendance at Committee meetings during the bargaining unit member's regular work hours not to exceed two (2) hours. ARTICLE 37 RETIREMENT BENEFITS Section 1. The City shall provide the employees hired on or after October 1, 2016, with two retirement plan options: Option 1: South Miami Pension Plan - Second -Tier Membership and Option 2: Deferred Contribution Plan. (a) Option 1: Second -Tier member in the South Miami Pension Plan shall contain the following essential provisions: 1. An irrevocable election to participate 2. Full vesting upon completion of ten (10) years of credited service. 3. Future service benefit multiplier of 1.60%. 4. Final Average Compensation must be based on the average of the highest eight (8) years of compensation. 5. Normal Retirement Date must be the earlier of (a) age 65 and completion of ten (10) years of credited service; or (b) completion of thirty-three (33) years of credited service. 6. The employee contribution must be three percent (3%) of compensation. Page 23 of 27 'kN 7. Members shall receive supplemental benefit similar to a Cost of Living Adjustment (COLA) which is an adjustment based on the change in the average Consumer Price Index (CPI) measured as of September 1 each year, up to a maximum annual increase of no more than 3%, compounded annually from the normal retirement date. In case of a negative CPI, the benefit can adjust down provided that a member will never receive less than the monthly benefit amount calculated at retirement. (b) Option 2: Defined Contribution Plan shall contain the following essential provisions: 1. An irrevocable election to participate. 2. Employees are required to contribute 3% of compensation. 3. City will contribute 7% of compensation. 4. Employees will be fully vested after one year of service. All new employees and employees hired by the City of South Miami on or after October 1, 2016, must make an election to participate in either Option 1: Second -Tier member in the South Miami Pension Plan, or Option 2: The Defined Contribution Plan. Section 2: The City shall hold, on an annual basis, an open enrollment period for the Second Tier membership in the South Miami Pension Plan during which time any employee who is currently a member of the City of South Miami Defined Contribution Plan shall be given an opportunity to make an irrevocable election to join the South Miami Pension Plan, as a Second -Tier member by opting -out of the Defined Contribution Plan. All AFSCME bargaining unit members who make the irrevocable election to join the South Miami Pension Plan, as a Second -Tier member, will be given an opportunity to buy-back any and all years of service, up -to the number of years they have worked at the City at any time while employed at the City in a position eligible for participation as a Second -Tier member in the South Miami Pension Plan. Employees must pay the full actuarial cost of the service they buy back, as calculated by the South Miami Pension Plan's actuary, and such buy-back will be at the employee's sole expense. Section 3: A First -Tier member in the South Miami Pension Plan is defined as an employee who became a member of the South Miami Pension Plan prior to October 1, 2011. The following is a list of the historical changes in the South Miami Pension Plan that apply to First -Tier Members: (a) Effective October 1, 1995, the benefit accrual rate (multiplier) shall be increased from 1.6 to 1.8 %. (b) Effective October 1, 1996, the benefit accrual rate (multiplier) shall be increased from 1.8 to 2.0 % (historical data). Page 24 of 27 0C3 (c) Effective October 1, 1997, the benefit accrual rate (multiplier) shall be increased from 2.0 to 2.25% (historical data). (d) Effective October 1,1998, the benefit accrual rate (multiplier) shall be increased from 2.25 to 2.5% (historical data). (e) Effective October 1, 1999, the benefit accrual rate (multiplier) shall be increased from 2.5 to 2.75% (historical data). (f) Effective October 1, 2011, the benefit accrual rate (multiplier) shall be reduced from 2.75% to 2.25% Section 4: The following pension provisions are applicable to all covered First -Tier members in the South Miami Pensions Plan: (a) The definition of Final Monthly Compensation (FMC) for future benefit accruals is the average of the final sixty (60) months of basic compensation but not less than current Final Monthly Compensation as of September 30, 2011. Basic compensation excludes commissions, overtime pay, bonuses and any other forms of additional compensation outside of base wages. (b) The current accrued benefits of First -Tier members are frozen and payable under the current terms of the Plan at the currently defined normal retirement date which is the attainment of age fifty-five (55) and completion of ten (10) years of credited service. Existing employees will continue to be eligible to retire at the age of 55 and obtain their respective full pension benefits accumulated up -to the date of the newly approved pension Ordinance revising the normal retirement age as set forth below. Future benefit accruals, including increases due to increases in FMC, will be payable at the proposed new normal retirement date — the later of attainment of age sixty (60) and completion of ten (10) years of credited service. (c) Members receive supplemental benefit similar to a Cost of Living Adjustment (COLA) which is an adjustment based on the change in the average Consumer Price Index (CPI) measured as of September 1 each year, up to a maximum annual increase of no more than 3%, compounded annually from the normal retirement date. In case of a negative CPI, the benefit can adjust down provided that a member will never receive less than the monthly benefit amount calculated for the retirement year. (d) The employee contribution for employees who are participating in the South Miami Pension Plan as a First -Tier member will be capped at 10% of compensation. Section 5: Union employees who are eligible to retire with full benefits, as provided for in Chapter 16, Article 11 of the City of South Miami Code of Ordinances, without penalty will be allowed to enter the City's 5-Year Deferred Retirement Option Program (DROP). The member's DROP account Page 25 of 27 34 shall be credited with interest in an amount equal to fifty (50) percent of the net (gross return minus investment expense) yearly interest earned by the retirement system for the preceding fiscal year, up to a maximum of five (5) percent. if the net yearly Interest earned by the retirement system is zero (0) percent or less, the member's DROP account will not be credited with interest, nor will it be debited with any investment losses. ARTICLE 38 WORK IN HIGHER CLASSIFICATION An employee who is authorized by the Department Head to temporarily assume the duties of a higher pay status classification will receive a five percent (5%) increase of the base for the actual time worked in the higher classification. ARTICLE 39 RELEASE TIME The President of the Local shall be granted 8 hours full release time once every 3 months from his or her regular scheduled work week with full pay, in order to conduct Union business. ARTICLE 40 TERM OF AGREEMENT Section 1: This Agreement, having been ratified by the City Commission of the City of South Miami and Local 3294, American Federation of State, County, and Municipal Employees, AFL-CIO, shall be operative and effective as of its date of execution, and shall continue until June 21, 2022. AGREEMENT signed this _ day of 2o19. CITY OF H MIAMI v:: M Date: Stir lexander, City Manager Approve;; zs to form: By: -- Date: October 3 2019 Thomas F. Pepe, Esq. City Attorney Page 26 of 27 35 American Federation of State, Cbunty and Municipal Employees AM EB CAN PBXPA-nON OFSTATF. ODUNTYANDMUNIQPALEm Y� LOC4L329 Date: eTbndolph BAWI?resident AP9CMEIn-FbuseO)unsel Date: lS Page 27 of 27 36 Table I (Cont'd) Summate of Retirement Plan Costs as of October 1, 2018 All Participants Cost % of Data Payroll A. Participant Data Summary 1. Active employees 107 N/A 2. Terminated vested 9 N/A 3. Receiving benefits 48 N/A 4. Annual payroll of active employees $ 6,675,196 100.0% B. Total Normal Costs 1. Age retirement benefits $ 661,676 9.9% 2. Termination benefits 136,634 2.0% 3. Death benefits 7,261 0.1% 4. Disability benefits 36,993 0.6% 5. Estimated administrative expenses 139,324 2.1% 6. Total annual normal costs $ 981,888 14.7% C. Total Actuarial Accrued Liability 1. Age retirement benefits active employees $ 17,041,813 255.3% 2. Termination benefits active employees 757,122 11.3% 3. Death benefits active employees 69,498 1.0% 4. Disability benefits active employees 498,344 7.5% 5. Retired or terminated vested participants receiving benefits 19,210,022 287.8% 6. Terminated vested participants entitled to future benefits 1,266,989 19.0% 7. Deceased participants whose beneficiaries are receiving benefits 176,438 2.6% 8. Disabled participants receiving benefits 0 0.0% 9. Miscellaneous liability 149,378 2.2% 10. Total actuarial accrued liability $ 39,169,604 586.8% D. Market Value of Assets (Table V) $ 43,219,378 647.5% E. Smoothed Value of Assets (Table V) $ 41,264,634 618.2% F. Unfunded Actuarial Accrued Liability (C. - E.) $ (2,095,030) (31.4%) 37 South Miami Pension Plan 17 Retirement R Consulting September 30, 2019 Mr. Alfred Riverol Finance Director City Hall, 1" Floor 6130 Sunset Drive South Miami, Florida 33143 P:954.527.1616 I F:954.525.0083 1 www.gmconsulting.com Re: Actuarial Projection Study South Miami Pension Plan — General Employees (Tiers 1 and 2) and AMSC Members Dear Alfred: As requested, we are pleased to enclose our Actuarial Projection Study including thirty (30) year projections beginning October 1, 2018 for General Employees (Tiers 1 and 2) and AMSC members of the South Miami Pension Plan illustrating the financial impact of the current and proposed provisions. Census data and financial information is reported as of October 1, 2018. If you should have any question concerning the above or if we may be of further assistance with this matter, please do not hesitate to contact us. Sincerest regards, Jennifer M. Borregard, E.A., M.A.A.A., F.C.A. Consultant and Actuary Enclosures Shelly L. Jones, A.S.A, E.A., M.A.A.A., F.C.A. Consultant and Actuary South Miami Pension Plan Actuarial Projection Study For General Employees (Tiers 1 and 2) and Administration Management Service Class (AMSC) Employees as of October 1, 2018 Prepared: September 30, 2019 ,G R.S .m Q w Retirement Consulting TABLE OF CONTENTS Page I. Executive Summary..........................................................................................................1 II. Projection Results .................... 4 III. Outline of Principal Provisions of the Retirement Plan...................................................6 IV. Actuarial Assumptions and Cast Methods.....................................................................12 V. Glossary..........................................................................................................................17 41 QwRetirement C nsulting EXECUTIVE SUMMARY As requested, we have completed thirty (30) year projections illustrating the financial impact of proposed changes to the benefit provisions of the South Miami Pension Plan (Plan) for General Employees (Tiers 1 and 2) and Administration Management Service Class (AMSC) Employees. Backaround Currently, the Plan does not provide a cost of living supplemental benefit for Tier 2 General Employees and AMSC Employees. Currently, the Plan provides a cost of living supplemental benefit based on the consumer price index, limited to 3.0%, upon retirement on the accrued benefit as of September 30, 2011 for Tier 1 General Employees. Proposed Changes We understand the City is interested in an analysis of providing a cost of living supplemental benefit based upon the consumer price index, limited to 3.0%, upon retirement on the entire accrued benefit for General Employees (Tiers 1 and 2) and AMSC Employees. Results The following table shows the current City cost over the next five (5), ten (10) and thirty (30) years for the baseline (current plan) and for the proposed benefit changes described above both as a dollar amount and as a percentage of projected covered payroll, respectively. Summary of Costs ($1,000s) Current Plan COLA for Future Retirees Increase / Amount Amount (Decrease) Next Year - Projected Payroll $3,620 $3,620 $0 - City Cost $ $287 $396 $109 - City Cost % 7.9% 11.0% 3.0% Next 5 Years - Projected Payroll $18,829 $18,829 $0 - City Cost$ $1,553 $2,146 $593 - City Cost % 8.2% 11.4% 3.1% Next 10 Years - Projected Payroll $40,632 $40,632 $0 - City Cost $ $3,437 $4,760 $1,322 - City Cost % 8.5% 11.7% 3.3% Next 30 Years - Projected Payroll $165,699 $165,699 $0 - City Cost $ $14,157 $19,799 $5,642 - City Cost % 8.5% 11.9% 3.4% 42 Q W Retirement South Miami Pension Plan Consulting Actuarial Assumptions and Methods, Plan Provisions, Financial Data and Member Census Data Actuarial assumptions and methods, Plan provisions, financial data and member census data employed for purposes of our Actuarial Projection Study are the same actuarial assumptions and methods, Plan provisions, financial data and member census data utilized for the October 1, 2018 Actuarial Impact Statement dated June 14, 2019 unless otherwise specified herein. The Plan provisions are the same as outlined in the October 1, 2018 Actuarial Impact Statement with the following revision: • A cost of living supplemental benefit based upon the consumer price index, limited to 3.0%, is provided upon retirement on the entire accrued benefit for General Employees (Tiers 1 and 2) and AMSC employees. The following projection assumptions have been included: • Two (2) AMSC employees transferred from City's DC plan are added to the Study. • General Tier 2 and AMSC employees are assumed to be hired each year at a rate sufficient to maintain a constant active headcount — stationary population. New General Tier 2 and AMSC employees are assumed to have the same average demographic characteristics (age, gender, salary — adjusted each year for inflation) as those employees hired for General Tier 2 and AMSC employees over the past five years, respectively. • Expenses paid by the City are assumed to be 0.4% of the projected market value of assets during the projection period. • Projections are deterministic — throughout the projection period experience is expected to match the assumptions — including a 7.375% annual market value investment return for fiscal year ended September 30, 2019 and thereafter. Other Considerations Under Governmental Accounting Standards Board (GASB) Statement Number 68, we understand the cost of benefit changes must be recognized immediately in pension expense (accounting not funding). Therefore, pension expense is expected to increase the first year and then is expected to return to lower levels in fiscal years following initial recognition of the benefit change. This Actuarial Projection Study is intended to describe the estimated future financial effects of the proposed benefit changes on the Plan and is not intended as a recommendation in favor of the change nor in opposition to the change. These calculations are based upon assumptions regarding future events. However, the Plan's long term costs will be determined by actual future events, which may differ materially from the assumptions made. If you have reason to believe the assumptions used are unreasonable, the Plan provisions are incorrectly described or referenced, important Plan provisions relevant to this Actuarial Projection Study are not described or that conditions have changed since the calculations were made, you should contact the undersigned prior to relying on information in this Actuarial Projection Study. If you have reason to believe 43 GRc Retirement South Miami Pension Plan 2 J Consulting that the information provided in this Actuarial Projection Study is inaccurate, or is in any way incomplete, or if you need further information in order to make an informed decision on the subject matter of this report, please contact the undersigned prior to making such decision. If all actuarial assumptions are met and if all future minimum required contributions are paid, Plan assets will be sufficient to pay all Plan benefits, future contributions are expected to remain relatively stable as a percent of payroll and the funded status is expected to improve. Future actuarial measurements may differ significantly from the current measurements presented in this report due to such factors as the following: Plan experience differing from that anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions; increases or decreases expected as part of the natural operation of the methodology used for these measurements (such as the end of an amortization period or additional cost or contribution requirements based on the Plan's funded status); and changes in Plan provisions or applicable law. Due to the limited scope of the actuary's assignment, the actuary did not perform an analysis of the potential range of such future measurements. This report should not be relied on for any purpose other than the purpose described in the primary communication. Determinations of the financial results associated with the benefits described in this report in a manner other than the intended purpose may produce significantly different results. This report has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge the information contained in this report is accurate and fairly presents the actuarial position of the Plan as of the valuation date. All calculations have been made in conformity with generally accepted actuarial principles and practices, with the Actuarial Standards of Practice issued by the Actuarial Standards Board and with applicable statutes. The signing actuaries are independent of the Plan sponsor. The undersigned are Members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion contained herein. If you should have any question concerning the above or if we may be of further assistance with this matter, please do not hesitate to contact us. Sincerest regards, 0 Jennifer M. Borregard, E.A., M.A.A.A., F.C.A. Consultant and Actuary ' &dL& 0 , Shelly L. Jones, A.S.A., M.A.A.A., E.A., F.C.A. Consultant and Actuary CC! eti Rrement South Miami Pension Plan G R SRetirement Consulting PROJECTION RESULTS The Plan provides a cost of living supplemental benefit based upon the consumer price index, limited to 3.0%, on entire accrued benefits for General Employees (Tiers 1 and 2) and AMSC Employees. The change applies to all future retirees. The following Table shows projected covered payroll, comparison of projected City cost and Unfunded Actuarial Accrued Liabilities (UAAL) under the baseline forecast versus the Study - ($1,000s). Current Plan COLA for Future Retirees Increase/ Cumulative Increase/ Fiscal Projected Projected Projected (Decrease) Inc./(Dec) (Decrease) Year Annual Net City Cost Net City Cost in Net in Net in End Payroll Amount %of Pay UAAL Amount %of Pay UAAL City Cost City Cost UAAL 2020 3,620 287 7.9% (2,112) 396 11.0% (868) 109 109 1,245 2021 3,656 303 8.3% (2,698) 416 11.4% (1,398) 114 223 1,301 2022 3,730 308 8.2% (3,228) 426 11.4% (1,868) 118 341 1,360 2023 3,953 321 &3% (3,620) 444 11.5% (2,196) 123 464 1,424 2024 3,971 334 8.491 (3,949) 463 11.7% (2,456) 129 593 1,494 2025 4,132 351 8.5% (4,306) 486 11.8% (2,739) 135 728 1,567 2026 4,253 362 8.5% (4,694) 503 11.8% (3,048) 140 868 1,646 2027 4,380 375 8.6% (51116) 521 11.9% (3,386) 146 1,014 1,730 2028 4,443 390 8.8% (5,576) 541 12.2% (3,758) 151 1,165 1,818 2029 4,595 406 8.89, (6,078) 564 12.3% (4,167) 157 1,322 1,911 2030 4,716 421 8.9% (6,622) 584 12.4% (4,613) 163 1,486 2,009 2031 4,888 436 8.9% (7,214) 605 12.4% (5,100) 170 1,655 2,113 2032 5,051 447 &8% (7,853) 622 12.3% (5,629) 175 1,830 2,224 2033 5,137 464 9.0% (8,547) 646 12.6% (6,208) 181 2,012 2,340 2034 5,292 476 9.0% (91299) 663 12.5% (6,836) 187 2,199 2,463 2035 5,437 494 9.1% (10,111) 689 12.7% (7,519) 194 2,394 2,592 2036 5,629 509 9.094 (10,992) 710 12.6% (8,263) 202 2,595 2,729 2037 5,743 521 9.1% (11,943) 729 12.7% (9,069) 208 2,803 2,874 2038 5,880 539 9.2% (12,970) 754 12.8% (9,943) 215 3,019 3,027 2039 6,028 552 9.2% (14,076) 774 12.8% (10,898) 222 3,241 3,188 2040 6,200 564 9.1% (15,269) 793 12.8% (11,909) 229 3,469 3,359 2041 6,369 581 9.1% (16,551) 818 128% (13,011) 237 3,706 3,540 2042 6,622 578 &7% (17,929) 824 12.4% (14,198) 247 3,953 3,731 2043 6,797 595 &8% (19,387) 850 12.5% (15,452) 255 4,208 3,935 2044 6,987 548 7.8% (20,953) 767 11.0% (16,802) 219 4,427 4,151 2045 7,197 565 7.8% (22,578) 792 11.0% (18,154) 227 4,654 4,425 2046 7,423 583 7.9% (24,323) 818 11-0% (19,605) 235 4,899 4,718 2047 7,656 600 7.8% (26,196) 842 11.0% (21,166) 243 5,132 5,031 2048 7,881 617 7.8% (28,210) 868 1L0% (22,844) 251 5,383 5,365 2049 8,132 630 7.7% (30,369) 889 10.9% (24,646) 259 5,642 5,723 SYear 18,829 1,553 8.2% 2,146 11.4% 593 Total 10 Year 40632 3,437 8.5% 4,760 11.7% 2,322 Total 30year 165,699 14,157 8.5% 19,799 11.9% 5,642 Total 45 G RS Retirement South Miami Pension Plan 4 4Consulting 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Projected City Contribution as of % of Payroll General Employees (Tiers 1 and 2) and AMSC Employees .y'a ,fib ,h�o '�°' t25 P�` b5 No NA N% ao' ,LO .LO .tiO ,tiO ,tiO ,tiO ,LO ,yO ,tiO ,tiO ,LO ,yO ,tiO ,yO 1p ,tiO ,tiO ,tiO .tiO ,yO .1O ,LO ,LO ,tiO .tiO .tiO .yO ,tiO .tO ,yO 0 Current Plan COLA Study Ell Qwsuftig a e South Miami Pension Plan 5 OUTLINE OF PRINCIPAL PROVISIONS OF THE PLAN PRIOR TO ANY PROPOSED CHANGES INCLUDED IN THIS STUDY A. Effective Date: October 1,1965. Most recently amended by Ordinance 23-19-2336 adopted June 18, 2019. B. Eligibility Requirements: 1. General Employees Tier 1: Regular full-time employee hired before October 1, 2011 is eligible to enter the Plan following the completion of six months of Credited Service and attainment of age 20. Tier 2: Regular full-time employee hired on or after October 1, 2011 and not participating in the Plan as of October 1, 2016 who elects tojoin orfails to make any election within ninety (90) days from September 20, 2016 is eligible to enterthe Plan as a Tier 2 employee as of October 1, 2016. Regular full-time employee hired on or after October 1, 2016 who elects to join or fails to make any election within ninety (90) daysfrom date of hire is eligible to enterthe Plan as a Tier 2 employee as of theirdate of hire. Any regular full-time employee who previously entered into the Defined Contribution (DC) Plan may opt -out of the DC Plan and elect to join the Plan as a Tier 2 member or as their respective classification at the time they elect tojoin the Plan during an annual open enrollment period. 2. Police Officers Regular full-time Police Officer is eligible to enterthe Plan as of date of employment. 3. Administration Management Service Class (AMSC) Employees of the City with the following positions who do not elect to participate in a defined contribution Plan of the City: City Manager City Attorney City Clerk Assistant/ Deputy City Manager Finance Director/ Chief Financial Officer Chief of Police Planning and Zoning Director Building Director Director of Public Works Chief Administrative Officer (currently Finance Office Man: Chief Procurement Officer (currently Purchasing Manager) Parks and Recreation Director Assistant Director of Parks and Recreation Community Redevelopment Agency Director Personnel Manager Project Manager Special Assistant to the Manager Superintendent of Maintenance tvRetirement South Miami Pension Plan 6 Consulting 47 C. Credited Service: 1. General Employees and AMSC Continuous employment. Credited service shall exclude continuous employment prior to Plan participation as follows: (1) If employed prior to October 1, 1973, credited service shall exclude the first two years of continuous employment and any additional year of continuous employment prior to attainment of age 25. (2) If employed on or after October 1, 1973, credited service shall exclude the first six (6) months of continuous employment and continuous employment priorto age 20. Credited service for Tier 2 employees and AMSC will be continuous employment from the date of hire for all purposes except for benefit accruals which will be from the later of date of Plan entry election date or date of hire. 2. Police Officers Continuous employment. For Police Officers who did not participate when first eligible for the Plan, Credited Service shall exclude continuous employment prior to Plan participation as follows: (1) If employed prior to October 1, 1973, Credited Service shall exclude the first two years of continuous employment and any additional year of continuous employment priorto attainment of age 25. (2) If employed on or after October 1, 1973, Credited Service shall exclude the first six (6) months of continuous employment and continuous employment priorto age 20. D. Final Monthly Compensation (FMC): Final Average Compensation is 1/36th of the final 36 consecutive months of compensation. For Police Officers, not less than 1/5th of the highest five (5) years out of the last (10) ten years of compensation. Compensation shall mean regular wages and salaries, excluding bonuses, vacation, sick leave and other additional compensation. Effective October 1, 2011, Final Average Compensation for General Employees is 1/60th of the final 60 consecutive months of basic compensation, provided it is not less than the Final Average Compensation as of September30, 2011 based on the definition above. Basic compensation shall mean base wages and salaries, excluding commissions, overtime pay, bonuses and any other forms of additional compensation earned outside of base wages. Effective October 1, 2011, Final Average Compensation for members covered under the Police Officers aid Sergeants collective bargaining agreement is the best five (5) years of basic compensation, provided it is not less than the Final Average Compensation as of September 30, 2011 based on the definition above. Basic compensation shall mean base wages and salaries, including up to 300 hours of overtime in a fiscal year and excluding payments for accrued unused sick or annual leave, extra duty or special detail work, shift differential, assignment pay, bonuses and any other forms of additional compensation earned outside of base wages. m �p [� Retirement South Miami Pension Plan R S Consulting D. Final Monthly Compensation (FMC) (cont'd): Effective October 1, 2016, Final Average Compensation for members covered under the Miami -Dade County Police Benevolent Association Upper -Collective Bargainning Union (Lieutenants & Captains) collective bargaining agreement is the best five (5) years of basic compensation, provided it is not less than the Final Average Compensation as of September 30, 2016 based on the definition above. Basic compensation shall mean base wages and salaries, including up to 300 hours of overtime in a fiscal year and excluding payments for accrued unused sick or annual leave, extra duty or special detail work, shift differential, assignment pay, bonuses and any otherforms of additional compensation earned outside of base wages. Final Average Compenation for Tier 2 General Employees and AMSC shall be the average of the highest eight (8) years of credit service. E. Normal Retirement: 1. Eligibility: a. General Employees: Attainment of age 55 and completion of ten (10) years of Credited Service for benefits accrued as of September 30, 2011. Attainment of age 60 and completion of ten (10) years of Credited Service for benefits accrued after September 30, 2011, including increases in the accrued benefit as of September 30, 2011 due to increases in the Final Average Compensation. Attainment of age 65 and completion of ten (10) years of Credited Service or completion of thirty-three (33) years of Credited Service regardless of age for Tier 2 General Employees. b. Police Officers: Attainment of age 60 and completion of ten (10) years of Credited Service or completion of twenty-five (25) years of Credited Service regardless of age. c. AMSC: Attainment of age 60 and completion of five (5) years of Credited Service or completion of thirty-three (33) years of Credited Service regardless of age. 2. Benefit: The monthly Plan benefit is the product of: a. FMC, b. Credited Service duringthe appropriate period and c. The appropriate benefit percentage The appropriate benefit percentages are: a. General Employees For Credited Service Percentage Through September 30, 1999 2.50% October 1, 1999 through September 30, 2011 2.75% October 1, 2011 and thereafter 2.25% 49 QwRetirement South Miami Pension Plan 8 Con,uiting E. Normal Retirement (cont'd): 2. Benefit: b. Police Officers For Credited Service Through September 30, 1995 October 1, 1995 through September 30,1996 October 1, 1996through September30,1997 October 1, 1997 through September 30, 2001 October 1, 2001through September 30, 2002 Octoberl, 2002through September 30, 2003 October 1, 2003 and thereafter Percentage 2.00% 2.25% 2.50% 2.75% 2.80% 2.90% 3.00% c. General Employees (Tier 2) For Credited Service Percentage October 1, 2016 and thereafter 1.60916 d. AMSC For Credited Service Percentage October 1, 2016 and thereafter F. Supplemental Benefit: 3.00% A cost -of -living supplemental benefit based upon the consumer price index is provided upon retirement. The annual increase is limited to 3%. For General Employees the cost -of -living supplemental benefit is only provided on the accrued benefit as orf September 30, 2011and does not apply to increases in this accrued benefit due to increases in the Final Average Compensation. No cost -of -living supplemental benefit is provided forTier2 General Employees. No cost -of -living supplemental benefit is provided for AMSC for benefit accruals on or after October 1, 2011. G. Early Retirement: 1. Eligibility: a. Police Officers: Attainmentof age 50 and completion of 15years of Credited Service. b. AMSC: Attainmentof age 55 and completion of 10years of Credited Service. 2. Benefit: a. Police Officers: Accrued benefit based upon FMC and Credited Service as of Early Retirement Date, reduced 3% for each year that the benefit commencement date precedes Normal Retirement. 4/► RC Retirement South Miami Pension Plan 9 67 J Consulting 50 G. Early Retirement (cont'd): 2. Benefit: b. AMSC: Accrued benefit based upon FMC and Credited Service as of Early Retirement Date, reduced 1/15 for each of the first five years and 1/30 for the next five years that the benefit commencement date precedes Normal Retirement. H. Delayed Retirement: 1. Eligibility: Retirement subsequent to Normal Retirement Date. 2. Benefit: Accrued benefit based upon FMC and Credited Service as of Delayed Retirement Date. Disability Retirement: 1. Eligibility: Totally and permanently disabled for a six month period while actively employed. 2. Benefit: Accrued benefit based upon FMC and Credited Service as of date of disability, actuarially reduced as for Early Retirement for early commencement. 1. Pre -Retirement Death Benefit: The beneficiary shall receive the member's accumulated Employee Contributions. K. Benefit Upon Termination of Service: 1. Benefit payable at Normal Retirement equal to the greater of: a. Accrued benefit based upon FMC and Credited Service as of date of termination times the vesting percentage shown below, or b. Benefit which can be supported by the accumulated Member Contributions with interest to Normal Retirement Date. No supplemental benefit shall be payable to vested terminees. 2. Vesting Schedule: All employees except AMSC: Years of Vesting Credited Service Percentage Less than 10 0% 10 or more years 100% 51 QwRetirement South Miami Pension Plan 10 Consulting K. Benefit Upon Termination of Service (cont'd): AMSC: Years of Vesting Credited Service Percentage Less than 5 0°% 5 or more years 100% AMSC members who have completed three (3) years of continuous Credited Service as of the effective date of this Ordinance date are 100%/o vested. 3. Refund Option: A terminated member may elect to receive a refund of Accumulated Contributions without interest in lieu of receiving any other Plan benefits. L Member Contributions: Members contribute 7.0•OA (3.0%% for Tier 2 General Employees and 7.5% for Police Officers) of member's basic annual compensation. Should the City contribution for General Employees be actuarially determined to exceed 7.0%/6, not including expenses, both the City and the General Employees (other than Tier 2 General Employees and AMSC) will share equally in the amount in excess of 7.0%%. General Employees (other than Tier 2 General Employees and AMSC) Contributions are capped at 109/o of basic annual compensation as of October 1, 2016. Should the City contribution for Police Officers be actuarially determined to exceed 7.50/6, not including expenses, both the City and the Police Officers will share equally in the amount in excess of 7.5% but not more than 12.0%. M. Normal Form of Retirement Income: The normal form of payment shall be a life annuity with a guarantee of a refund of accumulated Employee Contributions. N. Changes Since Previous Actuarial Impact Statement: None. 52 V Retirement South Miami Pension Plan 11 Consulting ACTUARIAL ASSUMPTIONS AND METHODS PRIOR TO ANY PROPOSED CHANGES INCLUDED IN THIS STUDY A. Mortality General Employees including AMSC Mortality Assumptions: For healthy male participants during employment, RP 2000 Combined Male Healthy Participant Mortality Table, with 50% White Collar/ 50% Blue Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy female participants during employment, RP 2000 Combined Female Healthy Participant Mortality Table, with White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy male participants post employment, RP 2000 Annuitant Male Mortality Table, with 50% White Collar / 50% Blue Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy female participants post employment, RP 2000 Annuitant Female Mortality Table, with White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For disabled male participants, RP 2000 Disabled Male Mortality Table, setback four years, without projected mortality improvements. For disabled female participants, RP 2000 Disabled Female Mortality Table, set forward two years, without projected mortality improvements. Pre -retirement Post -retirement Sample Future Life Future Life Ages Expectancy (Years) Expectancy (Years) (2018) Male Female Male Female 55 30.53 33.57 30.10 33.34 60 25.60 28.54 25.44 28.44 62 23.70 26.58 23.60 26.52 Pre -retirement Post -retirement Sample Future Life Future Life Ages Expectancy (Years) —Expectancy (Years) (2038) Male Female Male Female 55 32.67 35.41 32.26 35.21 60 27.78 30.38 27.63 30.30 62 25.87 28.40 25.78 28.35 53 tvRetirement South Miami Pension Plan 12 copwmi�g A. Mortality (cont'd) Police Officer Mortality Assumptions: For healthy participants during employment, RP-2000 Combined Healthy Participant Mortality Tables, separate rates for males and females, with 90% Blue Collar Adjustment/ 10% White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy participants post employment, RP-2000 Annuitant Mortality Tables, separate rates for males and females, with 90% Blue Collar Adjustment / 10% White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For disabled male participants, 600A RP 2000 Disabled Male Mortality Table setback four years / 40•1/o RP 2000Annuitant Male Mortality Table, with White Collar Adjustment and no setback, without projected mortality improvements. For disabled female particpants, 60% RP 2000 Disabled Female Mortality Table set forward two years / 40% RP 2000 Annuitant Female Mortality Table, with White Collar Adjustment, without projected mortality improvements. Pre -retirement Post -retirement Sample Future Life Future Life Ages Expectancy(Years) Expectancy (Years) (2018) Male Female Male Female 55 29.84 32.60 29.33 32.40 60 24.96 27.56 24.76 27.41 62 23.09 25.59 22.97 25.49 Pre -retirement Post -retirement Sample Future Life Future Life Ages Expectancy (Years) Expectancy (Years) (2038) Male Female Male Female 55 32.06 34.54 31.57 34.36 60 27.21 29.49 27.03 29.36 62 25.34 27.51 25.23 27.42 54 QVRetirement South Miami Pension Plan 13 Consulting B. Investment Return to be Earned by Fund 7.375% (net of investment expenses), compounded annually- includes inflation at 2.75%. C. Allowances for Expenses or Contingencies Actual expenses paid in previous year. D. Employee Withdrawal Rates Withdrawal rates for males and for females were used in accordance with the following illustrative example based upon number of years of service: Withdrawal Rates Per 100 Employees Service Police General/AMSC 1-2 12.00 20.00 3-6 8.00 9.25 7 -10 8.00 5.00 11 &Over 3.50 5.00 E. Disability Rates 1985 Disability Study, Class 1 with separate rates for fe males. F. Marital Assumptions 100% of active members are assumed to be married. Where applicable, females are assumed to be three years youngerthan their male spouses. G. Salary Increase Factors Current salary is assumed to increase in accordance with the following table based upon number of years of service - includes wage inflation of 3.25%. Service Police General/AMSC 0-9 5.25% 5.25% 10 - 14 3.75% 4.75% 15- 19 3.75% 4.25% 20&over 3.75% 3.75% 55 QwRetirement South Miami Pension Plan 14 Consulting H. Increase in Covered Payroll 4.0% peryear, limited to average annual increase over most recent ten years (1.4%) but not less than 0.0% for Police Officers. No increase in covered payroll is assumed for General Employees including AMISC. I. Retirement Rates Rates of Early Retirement for Police Officers were used in accordance with the following table. Years Preceding Normal Retirement Police 1-6 5% 7-10 10% Rates of Normal Retirement were used in accordance with the following tables Age Police General* AMSC** 55 - 59 N/A 10°0 10°0 60-61 25% 10'0 25% 62 - 64 40% 25% 35% 65-66 1000/ 25% 35% 67 & above 1000/0 100% 100'0 Service Police 25years 1000/D ' Rates are 25% for Tier 2 members for each year upon meeting 33 years of service until 100% at age 67. Includes Early Retirement. Rates are 25% below the age of 62 and 35% between the ages of 62 and 66 upon meeting 33years of service until 100%at age 67. General Employees who retire prior to age sixty (60) but after attainment of ten (10) years of Credited Service (55 & 10) are assumed to receive an actuarially reduced benefit payable immediately upon retirement. J. Cost of Living Increases F uture cost of living increases for General Employees (otherthan Tier 2 General Employees and AMISC) and Police Officers are assumed to be 3.0% perannum. K. Valuation of Assets The method used for determining the smoothed value of assets phases in the deviation between the expected and actual return on assets at the rate of 20% per year. The smoothed value of assets will be further adjusted to the extent necessary to fall within the corridor whose lower limit is 800A of the fair market value of Plan assets and whose upper limit is 120% of the fair market value of Plan assets. 4w+ �C Retirement South Miami Pension Plan 15 ri J Consulting L. Cost Methods Normal Retirement, Termination, Disability and Pre -Retirement Death Benefit: Entry -Age -Actuarial Cost Method Under this method the normal cost for each active employee is the amount which is calculated to be a level percentage of pay that would be required annually from his date of hire to his retirement age to fund his estimated benefits, assuming the Plan had always been in effect. The normal cost for the Plan is the sum of the individual normal costs for all active employees. The actuarial accrued liability as of any valuation date for each active employee or inactive employee who is eligible to receive benefits under the Plan is the excess of the actuarial present value of estimated future benefits overthe actuarial present value of current and future normal costs. The unfunded actuarial accrued liability as of any valuation date is the excess of the actuarial accrued liability overthe smoothed value of assets of the Plan. M. Changes Since Previous Actuarial Valuation None. 57 CWRetirement South Miami Pension Plan 16 Consulting GLOSSARY Actuarial Accrued Liability. The difference between the Actuarial Present Value of Future Benefits, and the Actuarial Present Value of Future Normal Costs. Actuarial Assumptions. Assumptions about future plan experience that affect costs or liabilities, such as: mortality, withdrawal, disablement, and retirement; future increases in salary; future rates of investment earnings; future investment and administrative expenses; characteristics of members not specified in the data, such as marital status; characteristics of future members; future elections made by members and other items. Actuarial Cost Method. Actuarial Cost Method A procedure for allocating the Actuarial Present Value of Future Benefits between the Actuarial Present Value of Future Normal Costs and the Actuarial Accrued Liability. Actuarial Equivalent. Of equal Actuarial Present Value, determined as of a given date and based on a given set of Actuarial Assumptions. Actuarial Present Value of Future Benefits. The Actuarial Present Value of amounts which are exoected to be paid at various future times to active members, retired members, beneficiaries receiving benefits and inactive, non -retired members entitled to either a refund or a future retirement benefit. Expressed another way, it is the value that would have to be invested on the valuation date so that the amount invested plus investment earnings would provide sufficient assets to pay all projected benefits and expenses when due. Actuarial Valuation. The determination, as of a valuation date, of the Normal Cost, Actuarial Accrued Liability, Actuarial Value of Assets, and related Actuarial Present Values for a plan. An Actuarial Valuation for a governmental retirement system typically also includes calculations of items needed for compliance with GASB No. 67. Actuarial Value of Assets. The value of the assets as of a given date, used by the actuary for valuation purposes. This may be the market or fair value of plan assets or a smoothed value in order to reduce the year-to-year volatility of calculated results, such as the funded ratio and the actuarially required contribution. Amortization Method. A method for determining the Amortization Payment. The most common methods used are level dollar and level percentage of payroll. Under the Level Dollar method, the Amortization Payment is one of a stream of payments, all equal, whose Actuarial Present Value is equal to the UAAL. Under the Level Percentage of Pay method, the Amortization Payment is one of a stream of increasing payments, whose Actuarial Present Value is equal to the UAAL. Underthe Level Percentage of Pay method, the stream of payments increases at the rate at which total covered payroll of all active members is assumed to increase. QW Retirement South Miami Pension Plan 17 Consulting Amortization Payment. That portion of the plan contribution which is designed to pay interest on and to amortize the Unfunded Actuarial Accrued Liability. Amortization Period. The period used in calculating the Amortization Payment. Annual Required Contribution. The employer's periodic required contributions, expressed as a dollar amount or a percentage of covered plan compensation. The annual required contribution consists of the Employer Normal Cost and Amortization Payment plus interest adjustment. Closed Amortization Period. A specific number of years that is reduced by one each year, and declines to zero with the passage of time. For example if the amortization period is initially set at 30 years, it is 29 years at the end of one year, 28 years at the end of two years, etc. Employer Normal Cost. The portion of the Normal Cost to be paid by the employer. This is equal to the Normal Cost less expected member contributions. Equivalent Single Amortization Period. For plans that do not establish separate amortization bases (separate components of the UAAL), this is the same as the Amortization Period. For plans that do establish separate amortization bases, this is the period over which the UAAL would be amortized if all amortization bases were combined upon the current UAAL payment. Experience Gain/Loss. A measure of the difference between actual experience and that expected based upon a set of Actuarial Assumptions, during the period between two actuarial valuations. To the extent that actual experience differs from that assumed, Unfunded Actuarial Accrued Liabilities emerge which may be larger or smaller than projected. Gains are due to favorable experience, e.g., the assets earn more than projected, salaries do not increase as fast as assumed, members retire later than assumed, etc. Favorable experience means actual results produce actuarial liabilities not as large as projected by the actuarial assumptions. Losses are the result of unfavorable experience, i.e., actual results that produce Unfunded Actuarial Accrued Liabilities which are larger than projected. Funded Ratio. The ratio of the Actuarial Value of Assets to the Actuarial Accrued Liability. GASB. Governmental Accounting Standards Board. Wel Retirement South Miami Pension Plan 18 tv comiting GASS No. 67 and GASB No. 68. These are the governmental accounting standards that set the accounting rules for public retirement plans and the employers that sponsor or contribute to them. Statement No. 67 sets the accounting rules for the plans themselves, while Statement No. 68 sets the accounting rules for the employers that sponsor or contribute to public retirement p?a ns. Normal Cost. The annual cost assigned, under the Actuarial Cost Method, to the current plan yea r. Open Amortization Period. An open amortization period is one which is used to determine the Amortization Payment but which does not change overtime. In other words, if the initial period is set as 30 years, the same 30-year period is used in determining the Amortization Period each year. In theory, if an Open Amortization Period is used to amortize the Unfunded Actuarial Accrued Liability, the UAAL will never completely disappear, but will become smaller each year, either as a dollar amount or in relation to covered payroll. Unfunded Actuarial Accrued Liability. The difference between the Actuarial Accrued Liability and Actuarial Value of Assets. Valuation Date. The date as of which the Actuarial Present Value of Future Benefits are determined. The benefits expected to be paid in the future are discounted to this date. [*Q Retirement South Miami Pension Plan 19 4tG R S Consulting G R S Retirement Consulting October 24, 2019 Ms. Edemir K. Estrada Pension Administrator Gabriel, Roeder, Smith & Company One East Broward Blvd. Suite 505 Fort Lauderdale, Florida 33301-1804 Re: South Miami Pension Plan Actuarial Impact Statement Dear Edemir: P:954.527.1616 1 F:954.525.0083 I www.grsconsulting.com As requested, we are pleased to enclose twelve (12) copies of our Actuarial Impact Statement as of October 1, 2018 for filing the proposed Ordinance under the South Miami Pension Plan (Plan) with the State of Florida (copy enclosed) prior to second reading. Background —Currently, the Plan provides: ➢ No cost -of -living supplemental benefit for Tier 2 General Employees and Administration Management Service Class (AMSC) Employees. ➢ A cost -of -living supplemental benefit based upon the consumer price index, limited to 3%, upon retirement on the accrued benefit as of September 30, 2011 for Tier 1 General Employees. ➢ A cost -of -living supplemental benefit based upon the consumer price index, limited to 3%, upon retirement on the entire accrued benefit for Police Officers. Proposed Ordinance —The proposed Ordinance provides: ➢ A cost -of -living supplemental benefit based upon the consumer price index, limited to 3%, upon retirement on the entire accrued benefit for General Employees (Tier 1 and 2), AMSC Employees and Police Officers. ➢ For Tier 1 General Employees who retired or entered the DROP prior to October 1, 2019, no cost -of -living supplemental benefit is provided on the portion of the benefit accrued after September 30, 2011 including increases in the accrued benefit due to increases in final average compensation. For Tier 2 General Employees and AMSC Employees who retired or entered the DROP prior to October 1, 2019, no cost -of -living supplemental benefit is provided. Ms. Edemir K. Estrada October 24, 2019 Page Two Cost —The total impact of the proposed Ordinance results in an expected increase in the first year Net City Annual Required Contribution of $105,123. Filing Requirements— We have prepared the Actuarial Impact Statement for filing with the State of Florida. Please note that this Statement must be signed and dated on behalf of the Board of Trustees. Copies of the Ordinance upon passage at first reading along with the signed and dated Actuarial Impact Statement are generally required to be filed with the State at the following address: Mr. Douglas E. Beckendorf, A.S.A. Bureau of Local Retirement Services Division of Retirement Building 8 Post Office Box 9000 Tallahassee, Florida 32315-9000 We understand the State requires funding any increases in costs no later than the fiscal year next following the effective date of the Ordinance. Please forward a copy of the Ordinance upon passage at second reading to update our files. Actuarial assumptions and methods, Plan provisions, financial data and member census data —The actuarial assumptions and methods, financial data and member census data employed for purposes of our Actuarial Impact Statement are the same actuarial assumptions and methods, financial data and member census data utilized for the October 1, 2018 Actuarial Impact Statement dated June 14, 2019. The Plan provisions employed for purposes of our Actuarial Impact Statement are the same Plan provisions utilized in the October 1, 2018 Actuarial Impact Statement dated June 14, 2019 with the exception of the proposed changes described above. Other Considerations— Under Governmental Accounting Standards Board (GASB) Statement Number 68, we understand the full cost of benefit changes must be recognized immediately in pension expense (accounting not funding). This Actuarial Impact Statement is intended to describe the estimated future financial effects of the proposed benefit changes on the Plan and is not intended as a recommendation in favor of the benefit changes nor in opposition to the benefit changes. If all actuarial assumptions are met and if all current and future minimum required contributions are paid, Plan assets will be sufficient to pay all Plan benefits, future Retirement Consulting 62 GRS Ms. Edemir K. Estrada October 24, 2019 Page Three contributions are expected to remain relatively stable as a percent of payroll and the funded status is expected to improve. Plan minimum required contributions are determined in compliance with the requirements of the Florida Protection of Public Employee Retirement Benefits Act and Police Officers Retirement Chapter 185 with normal cost determined as a level percent of covered payroll and a level percent amortization payment using an initial amortization period of 25 years. The Unfunded Actuarial Accrued Liability (UAAL) may not be appropriate for assessing the sufficiency of Plan assets to meet the estimated cost of settling benefit obligations but may be appropriate for assessing the need for or the amount of future contributions. The UAAL would be different if it reflected the market value of assets rather than the smoothed value of assets. These calculations are based upon assumptions regarding future events. However, the Plan's long term costs will be determined by actual future events, which may differ materially from the assumptions made. These calculations are also based upon present and proposed Plan provisions that are outlined or referenced in this Actuarial Impact Statement. If you have reason to believe the assumptions used are unreasonable, the Plan provisions are incorrectly described or referenced, important Plan provisions relevant to this Actuarial Impact Statement are not described or that conditions have changed since the calculations were made, you should contact the undersigned prior to relying on information in this Actuarial Impact Statement. If you have reason to believe that the information provided in this Actuarial Impact Statement is inaccurate, or is in any way incomplete, or if you need further information in order to make an informed decision on the subject matter of this report, please contact the undersigned prior to making such decision. Future actuarial measurements may differ significantly from the current measurements presented in this report due to such factors as the following: Plan experience differing from that anticipated by the economic or demographic assumptions; changes in economic or demographic assumptions; increases or decreases expected as part of the natural operation of the methodology used for these measurements (such as the end of an amortization period) and changes in Plan provisions or applicable law. Due to the limited scope of our assignment, we did not perform an analysis of the potential range of such future measurements. This Actuarial Impact Statement should not be relied upon for any purpose other than the purpose described in the primary communication. Determinations of the financial results associated with the benefits described in this report in a manner other than the intended purpose may produce significantly different results. Retirement Consulting 63 Ms. Edemir K. Estrada October 24, 2019 Page Four This Actuarial Impact Statement has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge the information contained in this report is accurate and fairly presents the actuarial position of the Plan as of the valuation date. All calculations have been made in conformity with generally accepted actuarial principles and practices, with the Actuarial Standards of Practice issued by the Actuarial Standards Board and with applicable statutes. GRS This Actuarial Impact Statement may be provided to parties other than the Board only in its entirety and only with the permission of an approved representative of the Board. The signing actuaries are independent of the Plan sponsor. The undersigned are Members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion contained herein. If you should have any question concerning the above or if we may be of further assistance with this matter, please do not hesitate to contact us. Sincerest regards, gn"& - Shelly L. Jones, ASA, EA, MAAA, FCA Consultant and Actuary Enclosures cc: Mr. Alfredo Riverol Jennifer M. Borregard, EA, MAAA, FCA Consultant and Actuary Retirement Consulting 64 1 ORDINANCE NO. 2 An Ordinance amending the South Miami Pension Plan to implement the Collective 3 Bargaining Agreements between the City of South Miami and AFSCME, AFL-CIO and 4 City Employees Local 3294; by amending Section 16-12, "Definitions"; and amending 5 Section 16-14, "Pension benefits and retirement date"; Providing for a Cost of Living 6 Adjustment for General Employees. 7 WHEREAS, the City of South Miami and the American Federation of State, County and 8 Municipal Employees, AFL-CIO and City Employees Local 3294, (hereinafter "Unions"), have 9 entered into new Collective Bargaining Agreements ("Agreements"); and 10 WHEREAS, the purpose and intent of the Agreements is to provide a Supplemental Benefit 11 (i.e. Cost of Living Adjustment) based upon the entire accrued benefit, with a limit of 3% based off of 12 the Consumer Price Index for First Tier Member, Second Tier Member and AMSC Member general 13 employees; and 14 WHEREAS, Florida law requires that if any provision of a collective bargaining agreement is 15 in conflict with any ordinance over which the chief executive officer has no amendatory power, the 16 chief executive officer shall submit to the appropriate governmental body having amendatory power a 17 proposed amendment to such ordinance; and 18 WHEREAS, the City Commission has received and reviewed an actuarial impact statement 19 related to such amendments; and 20 WHEREAS, the City Commission wishes to change the terms of the South Miami Pension 21 Plan to effectuate the changes called for in the Agreement; and 22 WHEREAS, the City Commission deems it to be in the public interest to provide these 23 changes to the South Miami Pension Plan; 24 NOW, THEREFORE, BE IT HEREBY ORDAINED BY THE MAYOR AND 25 CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT: 26 Section 1. The foregoing recitals are hereby ratified and incorporated by reference as if fully 27 set forth herein and as the legislative intent of this Ordinance. 28 Section 2: Chapter 16, Article II, of the City of South Miami Code of Ordinances is hereby 29 amended by amending Sec. 16-12, "Definitions" as follows: 30 31 First Tier Member shall mean general employees who were hired on or before 32 September 30, 2011, who were participating in the South Miami Pension Plan as of 33 September 30, 2011 and who did not elect to discontinue membership in the South Miami 34 Pension Plan thereafter. 65 35 Full-time employee shall mean an employee who works over thirty-two (32) hours 36 a week or more on a continuing basis and is eligible to receive all benefits. 37 38 Supplemental benefit shall mean a variable benefit reflecting changes in the cost 39 of living determined from the Consumer Price Index. , whieh may beeeme payable en 40 , 41 . 42 43 Section 3: That Chapter 16, Article I1, of the City of South Miami Code of Ordinances is 44 hereby amended by amending Sec. 16-14, "Pension benefits and retirement date" as follows: 45 (b) Amount of pension. The yearly amount of pension payable to a participant on the first day 46 of the month coincident with or next following the participant's retirement date shall be an 47 amount equal to the participant's number of completed years of credited service multiplied by a 48 percentage of final average compensation as stated herein. 49 50 (4) Supplemental benefit. A supplemental benefit for Police officers, First Tier 51 Members, Second Tier Members and AMSC Members if any, is payable, determined on 52 each valuation date which occurs after the participant's normal retirement date. The 53 supplemental benefit shall be equal to (1) an amount determined at the first applicable 54 valuation date by multiplying the yearly amount of basic benefit by the percentage, if 55 any, by which the current index exceeds the base index and (2) an amount determined at 56 each subsequent valuation date, where the current index exceeds the prior index, or where 57 the prior index exceeds the current index, by reducing such sum by the product of such 58 sum and the percentage by which the prior index exceeds the current index; provided, 59 however, that in no event shall the supplemental benefit payable at any time be greater 60 than the excess of (1) the basic benefit increased at three (3) percent compounded 61 annually from the initial valuation date applicable to the participant over (2) the basic 62 benefit. In no event shall the supplemental benefit be reduced below zero so as to affect 63 the amount of basic benefit. Supplemental benefits shall commence or be adjusted as of 64 each October 1 and shall continue thereafter for the following eleven (11) months. For 65 First Tier Members, Second Tier Members and AMSC Members who retired or entered 66 the DROP prior to October 1, 2019, the Supplemental Benefit is not provided on the 67 portion of the benefit accrued after September 30, 2011 including increases in the accrued 68 benefit due to increases in final averse compensation. E ee i06teber 1, 2011, 69 supplemental benefit Cest ef Living Adjustment (COLA) fers geaeFal empleyees (eligible 70 71 in the eaffent aeemed befiefit due to inemases in final aver -age eempefisatien. General 72 73 30, 2011. Seeend fier- members shall net be eligible fer- the supplemental benefit eest ef. 74 Hiving adjustment * 75 , 76 *** 77 (c) Early retirement. 78 (1) A police officer participant may elect an early retirement date which may 79 be the first day of any calendar month coincident with, or subsequent to 80 the participant's fiftieth birthday and completion of fifteen (15) years of 81 credited service. The pension benefits payable to any such participant on 82 early retirement date shall be equal to an actuarial equivalent, determined 83 in accordance with the table below, to the amount of pension to which is 84 entitled up to early retirement date in accordance with subsection (b). 85 86 87 Table —Police officer participant — Percentages for early retirement date Years prior to normal retirement date Percentage 1 97 2 94 3 91 4 88 5 85 88 Age on normal retirement date shall be age nearest birthday. Years prior to 89 normal retirement date shall mean years and completed months from early retirement 90 date to normal retirement date. Allowance for such months shall be made by interpolating 91 in this table. 92 ' 93 94 95 (d) Late retirement. A participant, with the written consent of his employer, may elect 96 a later retirement date which may be the first day of any calendar month after normal 97 retirement date. If the participant's contributions shall terminate on late retirement, 98 benefits shall be based on annual earnings and credited service to late retirement date. 67 00 paFtieipant Fetiring en or after OcAeber 1, 1970, 102 14(b)(2),based en the basie beffl-eflit aetually being paid; pFeVided, however-, that the f4r-qt ...,.,.... FOR ,,..,._....,,...._..,,..,... . ............ ..._.._................__.... 104 105 *** 106 Section 4. Conforming language or technical scrivener -type corrections may be made by the 107 City Attorney for any conforming amendments to be incorporated into the final product for signature. 108 Section 5. Codification. The provisions of this ordinance shall become and be made part of 109 the Code of Ordinances of the City of South Miami as amended; that the sections of this ordinance 110 may be renumbered or re -lettered to accomplish such intention; and that the word 'ordinance" may be 111 changed to "section" or other appropriate word. 112 Section 6. Severability. If any section, clause, sentence, or phrase of this ordinance is for any 113 reason held invalid or unconstitutional by a court of competent jurisdiction, this holding shall not affect 114 the validity of the remaining portions of this ordinance. 115 Section 7. Ordinances in Conflict. All ordinances or parts of ordinances and all section and 116 parts of sections of ordinances in direct conflict herewith are hereby repealed. 117 Section 8. Effective Date. This ordinance shall become effective upon enactment. 118 PASSED AND ENACTED this _ day of 119 120 ATTEST: 121 122 123 CITY CLERK 124 14 Reading 125 2 m Reading 126 READ AND APPROVED AS TO FORM: 127 LANGUAGE, LEGALITY AND 128 EXECUTION THEREOF 129 130 131 CITY ATTORNEY 2019. APPROVED: MAYOR COMMISSION VOTE: Mayor Stoddard: Vice Mayor Harris: Commissioner Welsh: Commissioner Liebman: Commissioner Gil: Actuarial Impact Statement as of October 1, 2018 A. Description of Proposed Amendment Supplemental Benefit A cost -of -living supplemental benefit based upon the consumer price index, limited to 3%, is provided upon retirement on the entire accrued benefit for General Employees (Tier 1 and 2), AMSC Employees and Police Officers. No cost -of -living supplemental benefit is provided on the portion of the benefit accrued after September 30, 2011 for Tier 1 General Employees who retired or entered the DROP prior to October 1, 2019. No cost -of -living supplemental benefit is provided for Tier 2 General Employees and AMSC members who retired or entered the DROP prior to October 1, 2019. B. An estimate of the cost implementing this amendment (see attachment) C. In my opinion, the proposed changes are in compliance with Part VII, Chapter 112, Florida Statutes and Section 14, Article X of the Statement Constitution. Chairman, Pension Board Date Actuarial Impact Statement as of October 1, 2018 (All Participants) A. Participant Data 1. Active participants 2. Retired participants and beneficiaries receiving benefits 3. Disabled participants receiving benefits 4. Terminated vested participants S. Annual payroll of active participants 6. Expected payroll of active employees for the following year 7. Ann ual benefits payable to those currently receiving benefits B. Assets 1. Market Value of Assets 2. Smoothed Value of Assets C. Liabilities 1. Actuarial present value of future expected benefit payments for active members a. Retirement benefits b. Vesting benefits c. Death benefits d. Disability benefits e. Refunds f. Total 2. Actuarial present value of future expected benefit payments for terminated vested members 3. Actuarial present value of future expected benefit payments for members currently receiving benefits a. Service retired b. Disability retired c. Beneficiaries d. Miscellaneous e. Total Prior AIS Actuarial Impact Valuation Dated June 14, 2019 Statement 10/01/2018 10/01/2018 10/01/2018 107 119 119 48 48 48 0 0 0 9 9 9 $ 6,675,196 $ 7,421,302 $ 7,421,302 $ 6,721,049 $ 7,467,155 $ 7,467,155 $ 1,530,667 $ 1,530,667 $ 1,530,667 $ 43,219,378 $ 43,219,378 $ 43,219,378 $ 41,264,634 $ 41,264,634 $ 41,264,634 $ 21,342,077 $ 21,716,062 $ 23,198,664 1,461,043 1,686,264 1,686,264 109,769 111,228 111,228 718,464 741,694 794,384 283,544 280,107 280,107 $ 23,914,897 $ 24,535,355 $ 26,070,647 $ 1,266,989 $ 1,266,989 $ 1,266,989 $ 19,210,022 $ 19,210,022 $ 19,210,022 0 0 0 176,438 176,438 176,438 149,378 149,378 149,378 $ 19,535,838 $ 19,535,838 $ 19,535,838 Zh South Miami Pension Plan 1 Actuarial Impact Statement as of October 1, 2018 4. Total actuarial present value of future expected benefit payments S. Actuarial accrued liabilities 6. Unfunded actuarial accrued liabilities D. Statement of Accumulated Plan Benefits 1. Actuarial present value of accumulated vested benefits a. Participants currently receiving benefits b. Other participants c. Total 2. Actuarial present value of accumulated non - vested Plan benefits 3. Total actuarial present value of accumulated Plan benefits E. Pension Cost 1. Total normal cost (including expenses) 2. Payment required to amortize unfunded liability 3. Interest adjustment 4. Total preliminary required contribution 5. Total required contribution 6. Item 5 as a percentage of payroll 7. Estimated member contributions 8. Item 7 as a percentage of payroll 9. Estimated State contributions 10. Item 9 as a percentage of payroll 11. Net amount payable by City 12. Item 11 as a percentage of payroll (All Participants) Valuation 10/01/2018 Prior AIS Dated June 14, 2019 10/01/2018 $ 44,717,724 $ $ 39,169,604 $ $ (2,095,030) $ 45,338,182 $ 39,390,620 $ (1,874,014) $ Actuarial Impact Statement 10/01/2018 46,873,474 40,608,737 (655,897) $ 19,386,460 $ 19,386,460 $ 19,386,460 12,223,902 12,223,902 12,737,307 $ 31,610,362 $ 31,610,362 $ 32,123,767 3,134,126 3,134,126 3,235,636 $ 34,744,488 $ 34,744,488 $ 35,359,403 $ 981,888 $ 1,038,501 $ 1,095,295 (193,875) (175,611) (74,952) 28,696 31,358 36,156 $ 816,709 $ 894,248 $ 1,056,499 $ 1,066,311 $ 1,143,996 $ 1,249,119 16.0% 15.4% 16.8% $ 439,175 $ 480,067 $ 480,067 6.5%2 6.4%2 6.4%2 $ 37,780 $ 37,780 $ 37,780 0.6% 2 0.5% 2 0.5% 2 $ 597,995 $ 634,788 $ 739,911 8.9% 2 8.5% 2 9.9% 2 2 Percent of expected 2019-2020 covered payroll ($6,721,049) 2 Percent of expected 2019-2020 covered payroll ($7,467,155) 71 South Miami Pension Plan 2 Actuarial Impact Statement as of October 1 2018 (All Participants) F. Disclosure of Following Items: 1. Actuarial present value of future salaries- attained age $ 2. Actuarial present value of future employee contributions -attained age $ 3. Actuarial present value of future contributions from other sources 4. Amount of active members' accumulated contributions $ 5. Actuarial present value of future salaries and future benefits at entry age 6. Actuarial present value of future employee contributions at entry age Valuation 10/01/2018 Prior AIS Actuarial Impact Dated June 14, 2019 Statement 10/01/2018 10/01/2018 45,957,035 $ 51,272,977 $ 51,272,977 2,896,466 $ 3,164,343 $ 3,164,343 N/A N/A N/A 5,431,831 $ 5,431,831 $ 5,431,831 N/A N/A N/A N/A N/A N/A 72 GRS �'� ' South Miami Pension Plan 3 Actuarial Imoact Statement as of October 1. 2018 Unfunded Actuarial Current Unfunded Amortization Remaining Funding Accrued Liabilities Liabilities Payment Period General Employees Tier 1 10/01/2015 Combined Bases * $ (1,166,604) $ (117,886) 16 years 10/01/2016 Actuarial Loss/(Gain) (413,545) (35,269) 23 years 10/01/2016 Assumption Change 426,727 36,393 23 years 10/O1/2017 Actuarial Loss / (Gain) (280,976) (23,571) 24 years 10/O1/2018 Actuarial Loss / (Gain) (1,290,160) (106,612) 25 years 10/01/2018 Plan Amendment -June 14, 2019 0 0 25 years 10/01/2018 Plan Amendment - COLA 662,333 54,732 25 years TOTAL $ (2,062,225) $ (192,213) General Emplovees Tier 2 10/01/2017 Initial Base $ 61,121 $ 5,213 23 years 10/O1/2018 Actuarial Loss / (Gain) 19,733 1,631 25 years 10/O1/2018 Plan Amendment -June 14, 2019 0 0 25 years 10/O1/2018 Plan Amendment - COLA 73,756 6,095 25 years TOTAL $ 154,610 $ 12,939 AMSC 10/O1/2017 Combined Bases * $ 187,758 $ 16,013 23 years 10/01/2018 Actuarial Loss / (Gain) 487,112 40,252 25 years 10/O1/2018 Plan Amendment -June 14, 2019 221,016 18,264 25 years 10/O1/2018 Plan Amendment - COLA 482,028 39,832 25 years TOTAL $ 1,377,914 $ 114,361 10/O1/2018 Combined Bases * 10/01/2018 Actuarial Loss / (Gain) Police Officers $ (126,196) $ 0 TOTAL $ (126,196) $ * Combined per Internal Revenue Code Regulation 1.412(b)-1 (10,039) 0 (10,039) 21 years 25 years This actuarial valuation and/or cost determination was prepared and completed by us or under our direct supervision, and we acknowledge responsibility for the results. To the best of our knowledge, the results are complete and accurate, and in our opinion, the techniques and assumptions used are reasonable and meet the requirements and intent of Part VII, Chapter 112, Florida Statutes. Based upon our understanding of the Plan, there is no benefit or expense to be provided by the Plan and/or paid from the Plan's assets for which liabilities or current costs have not been established or other wise provided for in the valuation. All known events or trends which may require material increase in Plan costs or required contribution rates have been taken into account in the valuation. /7� �vrlA � 4V"--daAo(- Shelly L. Jones, A.S.A., E.A. Jennifer M. Borregard, E.A. Enrollment Number: 17-08646 Enrollment Number:17-07624 Dated: October 24, 2019 VB3 South Miami Pension Plan 4 Outline of Principal Provisions of the Retirement Plan A. Effective Date: October 1, 1965. Most recently amended by Ordinance 23-19-2336 adopted June 18, 2019. B. Eligibility Requirements: 1. General Employees Tier 1: Regular full-time employee hired before October 1, 2011 is eligible to enter the Plan following the completion of six months of Credited Service and attainment of age 20. Tier 2• Regular full-time employee hired on or after October 1, 2011 and not participating in the Plan as of October 1, 2016 who elects to join or fails to make any election within ninety (90) days from September 20, 2016 is eligible to enter the Plan as a Tier 2 employee as of October 1, 2016. Regular full-time employee hired on or after October 1, 2016 who elects to join or fails to make any election within ninety (90) days from date of hire is eligible to enter the Plan as a Tier 2 employee as of their date of hire. Any regular full-time employee who previously entered into the Defined Contribution (DC) Plan may opt -out of the DC Plan and elect to join the Plan as a Tier 2 member or as their respective classification at the time they elect to join the Plan during an annual open enrollment period. 2. Police Officers Regular full-time Police Officer is eligible to enter the Plan as of date of employment. 3. Administration Management Service Class (AMSC) Employees of the City with the following positions who do not elect to participate in a defined contribution Plan of the City: City Manager City Attorney City Clerk Assistant / Deputy City Manager Finance Director / Chief Financial Officer Chief of Police Planning and Zoning Director Building Director Director of Public Works Chief Administrative Officer (currently Finance Office Manager) Chief Procurement Officer (currently Purchasing Manager) Parks and Recreation Director Assistant Director of Parks and Recreation Community Redevelopment Agency Director Personnel Manager Project Manager Special Assistant to the Manager Superintendent of Maintenance 74 South Miami Pension Plan 5 Outline of Principal Provisions of the Retirement Plan C. Credited Service: 1. General Employees and AMSC Continuous employment. Credited service shall exclude continuous employment prior to Plan participation as follows: (1) If employed prior to October 1, 1973, credited service shall exclude the first two years of continuous employment and any additional year of continuous employment prior to attainment of age 25. (2) If employed on or after October 1, 1973, credited service shall exclude the first six (6) months of continuous employment and continuous employment prior to age 20. Credited service for Tier 2 employees and AMSC will be continuous employment from the date of hire for all purposes except for benefit accruals which will be from the later of date of Plan entry election date or date of hire. 2. Police Officers Continuous employment. For Police Officers who did not participate when first eligible for the Plan, Credited Service shall exclude continuous employment prior to Plan participation as follows: (1) If employed prior to October 1, 1973, Credited Service shall exclude the first two years of continuous employment and any additional year of continuous employment prior to attainment of age 25. (2) If employed on or after October 1, 1973, Credited Service shall exclude the first six (6) months of continuous employment and continuous employment prior to age 20. D. Final Monthly Compensation (FMC): Final Average Compensation is 1/36th of the final 36 consecutive months of compensation. For Police Officers, not less than 1/5th of the highest five (5) years out of the last (10) ten years of compensation. Compensation shall mean regular wages and salaries, excluding bonuses, vacation, sick leave and other additional compensation. Effective October 1, 2011, Final Average Compensation for General Employees is 1/60th of the final 60 consecutive months of basic compensation, provided it is not less than the Final Average Compensation as of September 30, 2011 based on the definition above. Basic compensation shall mean base wages and salaries, excluding commissions, overtime pay, bonuses and any other forms of additional compensation earned outside of base wages. Effective October 1, 2011, Final Average Compensation for members covered under the Police Officers and Sergeants collective bargaining agreement is the best five (5) years of basic compensation, provided it is not less than the Final Average Compensation as of September 30, 2011 based on the definition above. Basic compensation shall mean base wages and salaries, including up to 300 hours of overtime in a fiscal year and excluding payments for accrued unused sick or annual leave, extra duty or special detail work, shift differential, assignment pay, bonuses and any other forms of additional compensation earned outside of base wages. 75 South Miami Pension Plan 6 Outline of Principal Provisions of the Retirement Plan D. Final Monthly Compensation (FMCI (cont'd): Effective October 1, 2016, Final Average Compensation for members covered under the Miami -Dade County Police Benevolent Association Upper -Collective Bargaining Union (Lieutenants & Captains) collective bargaining agreement is the best five (5) years of basic compensation, provided it is not less than the Final Average Compensation as of September 30, 2016 based on the definition above. Basic compensation shall mean base wages and salaries, including up to 300 hours of overtime in a fiscal year and excluding payments for accrued unused sick or annual leave, extra duty or special detail work, shift differential, assignment pay, bonuses and any other forms of additional compensation earned outside of base wages. Final Average Compensation for Tier 2 General Employees and AMSC shall be the average of the highest eight 48) years of credit service. E. Normal Retirement: 1. Eligibility: a. General Employees: b. Police Officers: c. AMSC: 2. Benefit: Attainment of age 55 and completion of ten (10) years of Credited Service for benefits accrued as of September 30, 2011. Attainment of age 60 and completion of ten (10) years of Credited Service for benefits accrued after September 30, 2011, including increases in the accrued benefit as of September 30, 2011 due to increases in the Final Average Compensation. Attainment of age 65 and completion of ten (10) years of Credited Service or completion of thirty-three (33) years of Credited Service regardless of age for Tier 2 General Employees. Attainment of age 60 and completion of ten (10) years of Credited Service or completion of twenty-five (25) years of Credited Service regardless of age. Attainment of age 60 and completion of five (5) years of Credited Service or completion of thirty-three (33) years of Credited Service regardless of age. The monthly Plan benefit is the product of: a. FMC, b. Credited Service during the appropriate period and c. The appropriate benefit percentage The appropriate benefit percentages are: a. General Employees For Credited Service Through September 30, 1999 October 1, 1999 through September 30, 2011 October 1, 2011 and thereafter Percentage 2.50% 2.75% 2.25% al South Miami Pension Plan 7 Outline of Principal Provisions of the Retirement Plan E. Normal Retirement (cont'd): 2. Benefit: b. Police Officers c. General Employees (Tier 2) d. AMSC F. Supplemental Benefit: For Credited Service Percentage Through September 30, 1995 2.00% October 1, 1995 through September 30, 1996 2.25% October 1, 1996 through September 30, 1997 2.50% October 1, 1997 through September 30, 2001 2.75% October 1, 2001 through September 30, 2002 2.80% October 1, 2002 through September 30, 2003 2.90% October 1, 2003 and thereafter 3.00% For Credited Service Percentage October 1, 2016 and thereafter 1.60% For Credited Service Percentage October 1, 2016 and thereafter 3.00% A cost -of -living supplemental benefit based upon the consumer price index is provided upon retirement. The annual increase is limited to 3%. No cost -of -living supplemental benefit is provided for Tier 2 General Employees and AMSC members who retired or entered the DROP prior to October 1, 2019. No cost -of -living supplemental benefit is provided on the portion of the benefit accrued after September 30, 2011 for Tier 1 General Employees who retired or entered the DROP prior to October 1, 2019. G. Early Retirement: 1. Eligibility: a. Police Officers: b. AMSC: 2. Benefit: a. Police Officers: Attainment of age 50 and completion of 15 years of Credited Service. Attainment of age 55 and completion of 10 years of Credited Service. Accrued benefit based upon FMC and Credited Service as of Early Retirement Date, reduced 3% for each year that the benefit commencement date precedes Normal Retirement. 77 South Miami Pension Plan 8 Outline of Principal Provisions of the Retirement Plan G. Early Retirement (cont'd): 2. Benefit: b. AMSC: Accrued benefit based upon FMC and Credited Service as of Early Retirement Date, reduced 1/15 for each of the first five years and 1/30 for the next five years that the benefit commencement date precedes Normal Retirement. H. Delayed Retirement: 1. Eligibility: Retirement subsequent to Normal Retirement Date. 2. Benefit: Accrued benefit based upon FMC and Credited Service as of Delayed Retirement Date. I. Disability Retirement: 1. Eligibility: Totally and permanently disabled for a six month period while actively employed. 2. Benefit: Accrued benefit based upon FMC and Credited Service as of date of disability, actuarially reduced as for Early Retirement for early commencement. J. Pre -Retirement Death Benefit: The beneficiary shall receive the member's accumulated Employee Contributions. K. Benefit Upon Termination of Service: 1. Benefit payable at Normal Retirement equal to the greater of: a. Accrued benefit based upon FMC and Credited Service as of date of termination times the vesting percentage shown below, or b. Benefit which can be supported by the accumulated Member Contributions with interest to Normal Retirement Date. No supplemental benefit shall be payable to vested terminees. 2. Vesting Schedule: All employees except AMSC: Years of Credited Service Less than 10 10 or more years Vesting Percentage 0% 100% a] South Miami Pension Plan 9 Outline of Principal Provisions of the Retirement Plan K. Benefit Upon Termination of Service (cont'd): AMSC: Years of Vesting Credited Service Percentage Less than 5 0% 5 or more years 100% AMSC members who have completed three (3) years of continuous Credited Service as of the effective date of this Ordinance date are 100%vested. 3. Refund Option: A terminated member may elect to receive a refund of Accumulated Contributions without interest in lieu of receiving any other Plan benefits. L. Member Contributions: Members contribute 7.0% (3.0% for Tier 2 General Employees and 7.5% for Police Officers) of member's basic annual compensation. Should the City contribution for General Employees be actuarially determined to exceed 7.0%, not including expenses, both the City and the General Employees (other than Tier 2 General Employees and AMSC) will share equally in the amount in excess of 7.0%. General Employees (other than Tier 2 General Employees and AMSC) Contributions are capped at 10% of basic annual compensation as of October 1, 2016. Should the City contribution for Police Officers be actuarially determined to exceed 7.5%, not including expenses, both the City and the Police Officers will share equally in the amount in excess of 7.5% but not more than 12.0%. M. Normal Form of Retirement Income: The normal form of payment shall be a life annuity with a guarantee of a refund of accumulated Employee Contributions. 79 South Miami Pension Plan 10 Outline of Principal Provisions of the Retirement Plan N. Deferred Retirement Option Plan (DROP) 1. Eligibility: Attainment of normal retirement date. 2. The maximum period of participation in the DROP is sixty (60) months. 3. A member's account in the DROP shall be credited monthly with interest in an amount equal to 50% of the net (gross return minus investment expense) yearly interest earned by the Plan for the preceding fiscal year, up to a maximum of 5% and a minimum of 0%. 4. No payment may be made from the DROP until the member actually separates from service with the City. The DROP account balance may be distributed in a lump sum, periodic payments, an annuity or a combination thereof. 0. Changes Since Previous Actuarial Impact Statement: Supplemental Benefit was: A cost -of -living supplemental benefit based upon the consumer price index is provided upon retirement. The annual increase is limited to 3%. For General Employees the cost -of -living supplemental benefit is only provided on the accrued benefit as of September 30, 2011 and does not apply to increases in this accrued benefit due to increases in the Final Average Compensation. No cost -of -living supplemental benefit is provided for Tier 2 General Employees. No cost -of -living supplemental benefit is provided for AMSC for benefit accruals on or after October 1, 2011. m South Miami Pension Plan 11 Actuarial Assumptions and Methods Used in the Valuation A. Mortality General Employees including AMSC Mortality Assumptions: For healthy male participants during employment, RP 2000 Combined Male Healthy Participant Mortality Table, with 50% White Collar / 50% Blue Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy female participants during employment, RP 2000 Combined Female Healthy Participant Mortality Table, with White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy male participants post employment, RP 2000 Annuitant Male Mortality Table, with 50% White Collar / 50% Blue Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy female participants post employment, RP 2000 Annuitant Female Mortality Table, with White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For disabled male participants, RP 2000 Disabled Male Mortality Table, setback four years, without projected mortality improvements. For disabled female participants, RP 2000 Disabled Female Mortality Table, set forward two years, without projected mortality improvements. Sample Ages (2018) 55 60 62 Sample Ages (2038) Pre -retirement Future Life Expectancy (Years) Male Female 30.53 33.57 25.60 28.54 23.70 26.58 Pre -retirement Future Life Expectancy (Years) Male Female Post -retirement Future Life Expectancy (Years) Male Female 30.10 33.34 25.44 28.44 23.60 26.52 Post -retirement Future Life Expectancy (Years) Male Female 55 32.67 35.41 32.26 35.21 60 27.78 30.38 27.63 30.30 62 25.87 28.40 25.78 28.35 9E South Miami Pension Plan 12 Actuarial Assumptions and Methods Used in the Valuation A. Mortality (cont'd) Police Officer Mortality Assumptions: For healthy participants during employment, RP-2000 Combined Healthy Participant Mortality Tables, separate rates for males and females, with 90% Blue Collar Adjustment / 10% White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For healthy participants post employment, RP-2000 Annuitant Mortality Tables, separate rates for males and females, with 90% Blue Collar Adjustment / 10% White Collar Adjustment and fully generational mortality improvements projected to each future decrement date with Scale BB. For disabled male participants, 60% RP 2000 Disabled Male Mortality Table setback four years / 40% RP 2000 Annuitant Male Mortality Table, with White Collar Adjustment and no setback, without projected mortality improvements. For disabled female participants, 60% RP 2000 Disabled Female Mortality Table set forward two years / 40% RP 2000 Annuitant Female Mortality Table, with White Collar Adjustment, without projected mortality improvements. Sample Ages (2018) 55 60 62 Sample Ages (2038) 55 60 62 Pre -retirement Future Life Expectancy (Years) Male Female 29.84 32.60 24.96 27.56 23.09 25.59 Pre -retirement Future Life Expectancy (Years) Male Female Post -retirement Future Life Expectancy (Years) Male Female 29.33 32.40 24.76 27.41 22.97 25.49 Post -retirement Future Life Expectancy (Years) Male Female 32.06 34.54 31.57 34.36 27.21 29.49 27.03 29.36 25.34 27.51 25.23 27.42 0 South Miami Pension Plan 13 Actuarial Assumptions and Methods Used in the Valuation B. Investment Return to be Earned by Fund 7.375% (net of investment expenses), compounded annually - includes inflation at 2.75%. C. Allowances for Expenses or Contingencies Actual expenses paid in previous year. D. Employee Withdrawal Rates Withdrawal rates for males and for females were used in accordance with the following illustrative example based upon number of years of service: Withdrawal Rates Per 100 Employees Service Police General / AMSC 1-2 12.00 20.00 3-6 8.00 9.25 7 -10 8.00 5.00 11 & Over 3.50 5.00 E. Disability Rates 1985 Disability Study, Class 1 with separate rates for females. F. Marital Assumptions 100% of active members are assumed to be married. Where applicable, females are assumed to be three years younger than their male spouses. G. Salary Increase Factors Current salary is assumed to increase in accordance with the following table based upon number of years of service - includes wage inflation of 3.25%. Service Police General /AMSC 0-9 5.25% 5.25% 10 - 14 3.75% 4.75% 15 -19 3.75% 4.25% 20 & over 3.75% 3.75% m South Miami Pension Plan 14 Actuarial Assumptions and Methods Used in the Valuation H. Increase in Covered Payroll 4.0% per year, limited to average annual increase over most recent ten years (1.4%) but not less than 0.0% for Police Officers. No increase in covered payroll is assumed for General Employees including AMSC. I. Retirement Rates Rates of Early Retirement for Police Officers were used in accordance with the following table. Years Preceding Normal Retirement Police 1-6 5% 7-10 10% R.--tes of Normal Retirement were used in accordance with the following tables. Age Police General * AMSC ** 55-59 N/A 10% 10% 60-61 25% 10% 25% 62-64 40% 25% 35% 65 - 66 100% 25% 35% 67 & above 100% 100% 100% Service Police 25 years 100% ' Rates are 25% for Tier 2 members for each year upon meeting 33 years of service until 100% at age 67. Includes Early Retirement. Rates are 25% below the age of 62 and 35% between the ages of 62 and 66 upon meeting 33 years of service until 100% at age 67. General Employees who retire prior to age sixty (60) but after attainment of ten (10) years of Credited Service (55 & 10) are assumed to receive an actuarially reduced benefit payable immediately upon retirement. J. Cost of Living Increases Future cost of living increases for General Employees (including Tier 1 and Tier 2 General Employees), AMSC and Police Officers are assumed to be 3.0% per annum. K. Valuation of Assets T ie method used for determining the smoothed value of assets phases in the deviation between the expected and a :tual return on assets at the rate of 20% per year. The smoothed value of assets will be further adjusted to the ecent necessary to fall within the corridor whose lower limit is 80% of the fair market value of Plan assets and whose upper limit is 120% of the fair market value of Plan assets. 84 South Miami Pension Plan 15 Actuarial Assumptions and Methods Used in the Valuation L. Cost Methods Normal Retirement, Termination. Disabilitv and Pre -Retirement Death Benefit: Entry -Age -Actuarial Cost Method Under this method the normal cost for each active employee is the amount which is calculated to be a level percentage of pay that would be required annually from his date of hire to his retirement age to fund his estimated benefits, assuming the Plan had always been in effect. The normal cost for the Plan is the sum of the individual normal costs for all active employees. The actuarial accrued liability as of any valuation date for each active employee or inactive employee who is eligible to receive benefits under the Plan is the excess of the actuarial present value of estimated future benefits over the actuarial present value of current and future normal costs. The unfunded actuarial accrued liability as of any valuation date is the excess of the actuarial accrued liability over the smoothed value of assets of the Plan. M. Changes Since Previous Actuarial Impact Statement Cost of Living Increases were: Future cost of living increases for General Employees (other than Tier 2 General Employees) and Police Officers are assumed to be 3.0% per annum. South Miami Pension Plan 16 MIAMI DAILY BUSINESS REVIEW Published Daily except Seturtlay. Sunday and Legal Holidays Miami, Miami -Dade County. Florida STATE OF FLORIDA COUNTY OF MIAMI-DADE: Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she Is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily Business Review fik/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 HEARINGS- NOV, 5, 2D19 in the XXXX Court, was published in said newspaper in the issues of 1012512019 Afflant 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 me 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 not promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said GUILLERMO GARCIA personalty known to me MA 9m:J 121171r 2,2021ainNwrente BO UW019 SOUTy Of $s i 7 F 3 92� 1 mc92 7 ry P O¢1O CITY OF SOUTH MIAMI NOTICE OF PUBLIC HEARINGS NOTICE IS HEREBY given that the City Commission of the City of South Miami, Florida wili conduct puhfic Hearing(s) at its regular Ciry Commission meeting Scheduled for Tuesday, November S. 2019, beginning at 7:00 p.m., in the City Commission Chambers, 6130 Sunset Drive, to consider the following Nem(s): 'A Resolution of the City of South Miami, Florida. placing a question on the ballot for Tuesday, Febmary 11, 2020, City General Elections, to amend the City Charter, Article IV, SECTION 4, Subsection E relating tc Audits, to Increase the maximum term of the contract between the City and the City Auditor. A Resolution relating to a Variance application to increase the maximum building coverage requirement, to increase the maximum impervious Coverage requirement, to reduce the minimum side street setback requ'uemant, to reduce the minimum cumulative yard setback requirement, to reduce the minimum setback requirement for concrete slabs, and to increase the physical bartier height limit for a single-family residential building located at 5800-5820 SW 87 Street. An Ordinance amending the South Miami Pension Plan to Implement the Collective Bargaining Agreement Between the City of South Miami and AFSCME. AFL-CIO and City Employees Local 3294; by Amending Section 16.12. 'Definitions'; and Amending Section 16-14,'Pension benefits and retirement date'; Providing for a Cost of Living Adjustment for General Employees; Providing for Sevembility; Providing for Inclusion in the Cade; Providing for a Repealer, and Providing foran Effective Date. An Ordinance amending the following sections of the Land Development Code: Section 20-2.3 Definitions, Section 20-3.3(D) Permitted Use Schedule, Section 20-3.4 Special use conditions, and Section 20-7.12 permitted and Special Uses and Parking Requirements; all concerning uses that include Beauty/Barber Shop, Personal Skills instruction Studio, Photographic Studio and Physical Fitness Facility. An Ordinance granting a franchise to Luis Jimenez to Install a sculpture on City land. An Ordinance granting a franchise to Dr. Santiago Medina to install a sculpture on City land. An Ordinance granting a franchise to Carlos Silva to install a sculpture on City land. ALL interested parries are invited to attend and will be heard. For further information, please contact the City Clerk's Office at: 305-663-6340. Nkenga A. Payne, CIVIC City Clerk Pursuant to Florida Statutes 286.0105, the City hereby advises the public that 8 a person decides to appeal any decision made by this Board, Agency or Commission with respect to any matter considered at its meeting or hearing, he or she will need a record of the proceedings, and that for such purpose, affected person may need to ensure that a verbatim record of the proceedings is made which record includes the testimony and evidence upon which the appeal is to be based. 10/25 19-181/0000434287M 24SE NEIGHBORS �a' iunrav Jf � Y CITY OF SOUTH MIANII NOTICE OF PUBLIC HEARINGS NO*nCE IS HEREBY given that the City Commission of the City of South Miami, Florida will conduct Public Hearing(s) at its regular City Commission meeting scheduled for Tuesday, November 5, 2019, beginning at 7:00 p.m., in the City Commission Chambers, 6130 Sunset Drive, to consider the following item(s): A Resolution of the City of South Miami, Florida, placing a question on the ballot for Tuesday, February 11, 2020, City General Elections, to amend the City Charter, Article IV, SECTION 4, Subsection E miming to Audits, to increase the maximum term of the contract between the City and the City Auditor. A Resolution relating to a Variance application to increase the maximum building coverage requirement, to increase the maximum impervious coverage requirement, to reduce the minimum side street setback requirement, W reduce the minimum cumulative yard setback requirement, to reduce the minimum setback requirement for concrete slabs, and of increase the physical barrier height limit fora single-family residential building located at 5800-5820 SW 87 Street - An Ordinance amending the South Miami Pension Plan in Implement the Collective Bargaining Agreement Between the City of South Miami and AFSCME, AFL-CIO and City Employees Local 3294; by Amending Section 16-12, "Definitions"; and Amending Section 16-14. "Pension benefits and retirement date"; Providingfora CostoflivingAdjustmentforGencmi Employees; Providing for Sevembility, Providing for Inclusion in the Code; Providing for a RcDcaicr, and Providing for an Effective Date. An Ordinance amending the following sections of the land Development Code: Section 20-2.3 Definitions, Section 20-3.30 Permitted Use Schedule. Section 20-3A Special use conditions, and Section 20-7.12 Permitted and Special Uses and Parking Requirements; all concerning uses that include Beauty/Barber Shop, Personal Skills Instruction Studio, Photographic Studio and Physical Fitness Facility. V An Ordinance gaming a franchise in Luis Jimenez to install a sculpture on City land An Ordinance granting a franchise to Dr. Santiago Medina to install a sculpture on City land. An Ordinanec granting a franchise to Carlos Silva m install a sculpture on City land - ALL interested parties am invited to attend and will be heard. For further information, please contact the City Clones Office at 305-663-6340. Nkenga A Payne, CMC City Clerk Pursuant to Florida Statures 286.0103. me City hereby advises tic public that if a person clacidcs to appal any decision made by iris Bound, Agenry or Commission with respect M any matter considered at its mttdrg or hearing he or she will need a record of me proceedings, and slut for such pumose, aliened person may need in ensure that a verbatim record of the proceedings is made which moral includes the testimony and evidence upon which the appeal is W be based SUNDAY OCTOBER 272019 MIAMINERALD.COM PUBLIC HEARING State Road (SR) 826IPalmeho Expressway Express Lanes Project Development and Environment (PDBE) Study From US 1/SR 51 Dixie Highway to SR 8361Dolphin Expressway Miami -Dade County, Florida Financial Project Identification Number: 432639.1.22.02 Efficient Transportation Decision Making (ETDM) Number: 14308 The Florida Department of Transportation (FDOT), District Su, will conduct a public hearing for proposed improvements to SR 626IPalmeflo Expressway Express Lanes train US 11SR 51Daie Highway to SR 63(iftlpNn Expressway h MiamiDade County. The hearing wil be held on Thursday, November 7, 2019, at the West Dade Regional Library, Auditorium 1, loafed at9445 Coral Way, Mimi, Florda 33165 from 5:30 p.m. to 7:30 p.m. This hearing will begin as an open house, with a formal presentation starting at 6 P.M. followed by a pudic comment period. The study evaluated corridor improvements that wil add highway and interchange capacity with the implementation of an express lane system ant interchange improvements. This pubic heating is being conducted to give interested persons 0w opportunity to expos tlok views concerning as location, conaptal design, and social, ecotomc, and environmental effects of the proposed improvements. Draft project documents wi0 be available for public review from October 17. 2019 and November 7, 2019 at South Miami Branch Library, 6000 Sunset Drive. South Miami, FL 33143: FOOT District Six Headquarters. 10DO NW Ill Avenue, Miami, FL 33172; West Dade Regional Library, 9445Coral Way, Miami, FL 33165 and on the p ip eetwebsde, www fdobniamidade.amn826expressswth. Persons wshng to submit statements, in place of or in addition to and stamnmk, match an at the heanrg or by sending them b Raul Ouirkla 1DOD NW 111 Avena, Miami. FL 33172 or at raul.qumtela@tlotstale.fl.us. All statements postmarked on or offers November 17, 2019 cull became part of public record. The envchrmenlal review, csnsuBatsan, and after actions requved by applicable federal environmental laws for thus prefect are being, or have been, alledout byFOOT pursuant to 23 U.S.0 § 327 and a Memorandum of Understanding dated December 14, 2016 and executed by the Federal Highway Administrator (FHWA)amdFDOT Public participation at this meeting is solicited without regard to mass, cola. national origin, age, sex, religion, olsabldly or family status. Pursuant to the pmvisiaas of the Americans with Disabilities Act, any person requiring special accommodations to palicipale in this taring is asked to advise the agency of least 7days before the hearing by Collecting: Hong Benitez al f305) 470-5219 coin writing: FOOT, 1000 NW Ill Assume, Miami, FL 33172. email. hong.benilfz@dca sh re.B.us. if youam hearing or speech impaired, please contact the aaencv airw the Florida RitSenxe. I / 9558771[WDI an