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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1998-0181 Temp. Ord. # 1830 September 9, 1998 CITY OF TAMARAC, FLORIDA ORDINANCE NO. 0-98- A? AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AMENDING CHAPTER 16, PENSIONS AND RETIREMENT, ARTICLE III, PENSION PLAN, SECTION 16-191(a)(4), PARTICIPATION, TO CLARIFY THE OPTIONS AVAILABLE TO PARTICIPANTS WHO OPT OUT OF THE TAMARAC EMPLOYEES PENSION PLAN; PROVIDING FOR CODIFICATION; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Chapter 16, Article III, which establishes the City of Tamarac Employees Pension Plan should therefore be amended to reflect the addition of Administrative categories; and WHEREAS, the City Commission determines it is in the best interest of the citizens and residents of Tamarac to amend the plan to reflect the revised job categories. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: The foregoing whereas clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Ordinance upon adoption hereof. SECTION 2: Article III, Section 16-191(a)(4) is hereby amended as follows: CODING: Words in stmek thFGU@h type are deletions from existing law; Words in underscored type are additions. 6 1 Temp. Ord. # 1830 September 9, 1998 SECTION 16.191 PARTICIPATION Any person initially employed as, promoted to, or recategorized to any of the classifications designated or categorized as Executive er, Managerial/Professional, or Administrative as established by Resolution No. R-95-224 and/or subsequent amendments to said Resolution, shall, within thirty (30) days of employment, promotion or recategorization or July 10, 1996 for Executive or Managerial/Professional employees and January 1, 1999 for Administrative employees, whichever is later, elect to� participate or not participate in the plan. Such election shall be irrevocable for as long as the employee is employed in an executive of, managerial/professional or administrative position. Should any participant elect to discontinue participation in the plan as permitted above or upon being promoted or recategorized to an Executive ef, Managerial/ Professional or Administrative position, then the participant, for the purposes of the pension plan only, shall be considered as having suffered a break in service pursuant to Section 16-196, 197 and 198 here of and, if vested, shall be considered to have terminated employment for purposes of Section 16-199 and 16-243 hereof or, at the participant's option, the participant can elect not to suffer a break in service in which case no benefits or refund of contributions shall be payable until the participant terminates all City employment and otherwise qualifies for a benefit or refund of contributions hereunder. The participant's entitlement to benefits hereunder shall be governed by the plan provisions in effect at the time of such discontinuance. SECTION 3: It is the intention of the City Commission and it is hereby ordained that the provisions of this Ordinance shall become and be made a part of the Code of Ordinances of the City of Tamarac, Florida, and that the Sections of this Ordinance may be renumbered, relettered and the word "Ordinance" may be changed to "Section", "Article" or such other word or phrase in order to accomplish such intention. CODING: Words in rtFWGk thFQWgh type are deletions from existing law; Words in underscored type are additions. 3 Temp. Ord. # 1830 September 9, 1998 SECTION 4: All Ordinances or parts of Ordinances, and all Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5: If any provision of this Ordinance or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Ordinance that can be given affect without the invalid provision or application, and to this end the provisions of this Ordinance are declared to be severable. SECTION 6: This Ordinance shall become effective immediately upon its passage and adoption. - PASSED, FIRST READING this /0 �_4 day of , 1998. PASSED, SECOND READING this A-Aday of 91t.k11.1 , 1998. ATTE T: CAROL GO CIVIC, AAE CITY CLERK I H EBY CERTIFY that I ve pproved this / OR AkdE.n to form. MITCHELL S. KR CITY ATTORNE 'MAYOR4r, RECORD OF COMMISSION VOTE MAYOR_ SCHREIBERlttit.}�•+c� _- DIST 1: COMM. McKAYE DIST 2: WM MISHKIN DIST 3: COMM. SULTANO ff= DIST 4: COMM. ROBERTS KF/bl CODING: Words in 6tFUGk thF9U@h type are deletions from existing law; Words in underscored type are additions.