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102-87 ORDINANCE NO. 102-87 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 18, "PENSIONS AND RETIREMENT", ARTICLE HI, "PENSIONS FOR POLICE AND FIREMEN", OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA, BY ENACTING A NEW SECTION 18-54, PROVIDING SUPPLEMENTAL RETIREMENT INCOME FOR POLICE OFFICERS AND FIREFIGHTERS WHO RETIRED PRIOR TO OCTOBER 1, 1987; PROVIDING A MINIMUM MONTHLY RETIREMENT BENEFIT FOR SAID RETIREES; PROVIDING A SAVINGS CLAUSE; PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDA.~NED BY THE CITY C,O..UNCIL OF THE CITY Ol~ DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That Section 18-54, "SUPPLEMENTAL RETIREMENT INCOME AND MINIMUM BENEFIT FOR MEMBERS WHO RETIRED PRIOR TO OCTOBER 1, 1987", of the Code of Ordinances of the City of Delray Beach, Florida, is hereby enacted to read as follows: Members who retired prior to October 1, 1987 shall receive an increase in their retirement income calculated in accordance with Sections 18-48 and 18-49, equal to two (2) per cent for each yea~ from the date of the member's retirement through September 30, 1987; provided, ali such me:nbers who retired prior to October 1, 1987 shall receive retirement income of at least $200 per month. The supplemental and minimum retirement income provided in this section shall be paid effective January 1, 1988. The supplemental retirement income provided in this section shall not be subject to the benefit offset contained in Sections 18-48($X3)5 and 18-48($Xg). Section 2. That should an:/ section or provision of this ordinance or any portion thereof, any para~'aph, s~ntenee, or word be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof as a whole or part thereof other than the part declared to be invalid. Section 3. That this ordinance should become effective immediately after its passage on second and final reading and shall be applicable to retirees as set forth in Section I of this ordinance. PASSED AND ADOPTED in spec/al session on second ami final reading on this the 22nd day of Decembe~:1987. MAYOR ATTEST: First Reading December 8, 1987 Seeond Reading December 22, 1987