File #: 19R-3156    Version: 1 Name: General Employees Pension Plan Amendments
Type: Ordinance Status: Passed
File created: 3/6/2019 In control: City Commission Meeting
On agenda: 4/8/2019 Final action:
Title: ORDINANCE NO. 19O-03-102: AN ORDINANCE OF THE CITY OF LAUDERHILL, FLORIDA, AMENDING THE CITY CODE OF ORDINANCES, CHAPTER 2, ARTICLE II, DIVISION 3, PART 2 “GENERAL EMPLOYEES PENSION FUND,” SECTION 2-63 “RETIREMENT DATES AND BENEFITS” AND SECTION 2-66 “VESTING”; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, CHARLES FARANDA).
Attachments: 1. ORD-19O-03-102-GE Pension Changes to 2018-21 GE CBA.pdf, 2. AR 19O-03-102, 3. Memo- Approving Changes to GE Pension Plan.pdf
Title
ORDINANCE NO. 19O-03-102: AN ORDINANCE OF THE CITY OF LAUDERHILL, FLORIDA, AMENDING THE CITY CODE OF ORDINANCES, CHAPTER 2, ARTICLE II, DIVISION 3, PART 2 “GENERAL EMPLOYEES PENSION FUND,” SECTION 2-63 “RETIREMENT DATES AND BENEFITS” AND SECTION 2-66 “VESTING”; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, CHARLES FARANDA).

Body
Request Action:
State the action requested of the Commission and why the action is necessary. What is the expected outcome of the action?

Need:
Amend the City Code to implement the collectively bargained changes to the General Employees Pension Plan.

Summary Explanation/ Background:
Amend the City Code of Ordinances to implement the collectively bargained changes to the General Employees Pension Plan, as summarized in the attached memorandum.

Attachments:
Summary memo

Cost Summary/ Fiscal Impact:
Include projected cost, approved budget amount and account number, source of funds, and any future funding requirements

Estimated Time for Presentation:

Master Plan:

Goal 1: Clean, Green Sustainable Environment
[ ] Increase mass transit ridership [ ] Reduce City energy consumption
[ ] Reduce water consumption

Goal 2: Safe and Secure City of Lauderhill
[ ] Crime in lower 50% in Broward [ ] Residents feel safe in neighborhood
[ ] Reduce emergency fatalities

Goal 3: Open Spaces and Active Lifestyle for all ages
[ ] Increase participation in youth sports [ ] Add new park land and amenities
[ ] Increase attendance at cultural programs and classes

Goal 4: Growing Local Economy, Employment and Quality of Commercial Areas
[ ] Increase commercial tax base [ ] Increase employment in Lauderhill businesses
[ ] Decrease noxious and blighted uses in commercial areas

Goal 5: Quality Housing at all Price Ranges and Attractive Communities
[ ] Neighborhood signs and active HOAs [ ] Housing & streets improved, litter reduced
[ ] Increase proport...

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