23. #O1715 SECOND READING of Temp. Ord. #O1715 amending the City Code at Chapter 15 "Pensions", Article V "City Retirement Plan and Trust Fund", Division 3 "Benefits"; amending Section 15-312 to provide for a 3.25% multiplier for the first twenty years of credited service and 3% thereafter; amending Section 15-337(a) to provide for a 9.5% employee contribution; providing for severability; providing for codification; providing for an effective date. (Passed 1st Reading on 11/05/18) (Human Resources Director Randy Cross) - Miramar, FL

Meeting: CITY COMMISSION REGULAR MEETING on 2018-11-28 7:00 PM

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

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Agenda Item

23. #O1715 SECOND READING of Temp. Ord. #O1715 amending the City Code at Chapter 15 "Pensions", Article V "City Retirement Plan and Trust Fund", Division 3 "Benefits"; amending Section 15-312 to provide for a 3.25% multiplier for the first twenty years of credited service and 3% thereafter; amending Section 15-337(a) to provide for a 9.5% employee contribution; providing for severability; providing for codification; providing for an effective date. (Passed 1st Reading on 11/05/18) (Human Resources Director Randy Cross)