Meeting Time: November 28, 2018 at 7:00pm EST
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Agenda Item

15. #O1714 FIRST READING of Temp. Ord. #O1714 amending City Code of Ordinances Chapter 15 "Pensions", Article III "Firefighters' Pension Plan and Trust Fund", Section 15-77, to amend the definition of beneficiary to allow for a trust to be named as a beneficiary of the DROP and share accounts, Section 15-92, to add language regarding death of a DROP participant and amend language explaining the lump sum option of distribution, and Section 15-93, to add language regarding non-spouse beneficiaries of share accounts and the lump sum option for distribution; providing for conflicts; providing for severability; providing for codification; providing for an effective date. (Human Resources Director Randy Cross) SECOND READING SCHEDULE TBD