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65-92 ORDINANCE NO. 65-92 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 35, "EMPLOYEE POLICIES AND BENEFITS", SUBHEADING "RETIREMENT PLAN", OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA, BY AMENDING SECTION 35.098, "SUPPLEMENTAL RETIREMENT INCOME FOR EMPLOYEES WHO RETIRED PRIOR TO FEBRUARY 1, 1986", BY RENAMING SECTION 35.098, PROVIDING AN INCREASE IN THE MINIMUM MONTHLY RETIREMENT BENEFITS, PROVIDING FOR CERTAIN COST OF LIVING INCREASES IN THE RETIREMENT BENEFITS; PROVIDING A REPEALER CLAUSE, A SAVING CLAUSE, AND AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That Section 35.098, "Supplemental Retirement Income for Employees Who Retired Prior to February 1, 1986", of the Code of Ordinances of the City of Delray Beach, Florida, is hereby amended to read as follows: Section 35.098 Supp~emeR~a~ Ree~remeR~ Emp~eyees Whe ReCite& Prier Te February ½7 ½986. $~pDlemental Retirement Income and Minimum Benefits. Emp~eyees whe re~e& ~ie~ ~e FeBruary 37 39867 sha~ reeeive am iRerease iR ~hei~ ~e~i~emeR~ ~Reeme ea~eu~a~e& iR aeeer&aRee w~h See= BS?997~A} ~h~eu~h ei this subeha~eer equai ~e ewe pe~eeR~ ~%} fee each year ~em ~he &a~e e~ ~he emp~eyee:s ~e~remeR~ ~h~eu§h Peb~uary ~87 ½985= Heweve~? ai½ empieyees whe pr~e~ ~e Ma~eh ~? ~98&~ sha~ eeeeive ee~iremeR~ iReeme e~ a~ ~eas~ $~88 per meR~hv ~he suppiemeR~ be~RRiR~-Mareh-~7-~988. Effective as of January 1. 1993. emPloYees or beneficiaries of employees who retired Prior to January 1. 1991. shall have the monthly amount of retirement income increased by five nercent (5%) over the gross amount they were receiving in December of 1990, Provided. however, that all employees regardless of retirement date shall receive a minimum monthly retirement amount of at least S400. Section 2. That all ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed. Section ~, That should any section or provision of this ordinance or any portion thereof, any paragraph, sentence 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 4. That this ordinance shall become effective immediately after its passage on second and final reading and shall be applicable to retirees as set forth in Section ! of this ordinance. PASSED AND ADOPTED in regular session on second and final reading on this the 8th day of D~m~mhPr , 1992. ATTEST: JCity Clerk First Reading December 1, 1992 Second Reading December 8, 1992 2 - Ord. No. 65-92 MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER~,~. SUBJECT: AGENDA ITEM # /~,~ - MEETING OF DECEMBER 8, 1992 ORDINANCE NO. 65-92 DATE: December 2, 1992 This is second reading of an ordinance amending Section 35.098 of the Code of Ordinances to provide that employees or beneficiaries of employees who retired prior to January 1, 1991, shall have their monthly amount of retirement income increased by 5% over the gross amount they were receiving in December 1990. Provided however, that all employees regardless of retirement date shall receive a minimum monthly retirement amount of at least $400. The General Employees Pension Board at their November 13th meeting recommended that employees or beneficiaries of employees who retired prior to January 1, 1993 should receive the cost-of-living increase and the minimum monthly retirement benefit. However, persons retiring from the City within the past two years are not as likely to need a cost of living adjustment as opposed to those who have been receiving pension benefits for a longer period of time. Therefore, I recommended, on first reading, that the date be changed to January 1, 1991. The change was included in the motion to approve on first reading and has now been incorporated into the ordinance. In addition, a list of those individuals being brought up to the minimum compensation level is attached as backup for this item. Also attached is a table from the actuarial report showing the combined impact of all the planned changes to the General Employees Pension Plan. The alternative selected by the Pension Plan Committee is 4(c). The final cost will be somewhat less since we are giving a 5% increase instead of the 2% per year which was costed out by the actuaries when preparing this table. Recommend approval of Ordinance No. 65-92 on second and final reading. ORDINANCE NO. 65-92 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 35, "EMPLOYEE POLICIES AND BENEFITS", SUBHEADING "RETIREMENT PLAN", OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA, BY AMENDING SECTION 35.098, "SUPPLEMENTAL RETIREMENT INCOME FOR EMPLOYEES WHO RETIRED PRIOR TO FEBRUARY 1, 1986", BY RENAMING SECTION 35.098, PROVIDING AN INCREASE IN THE MINIMUM MONTHLY RETIREMENT BENEFITS, PROVIDING FOR CERTAIN COST OF LIVING INCREASES IN THE RETIREMENT BENEFITS; PROVIDING A REPEALER CLAUSE, A SAVING CLAUSE, AND AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That Section 35.098, "Supplemental Retirement Income for Employees Who Retired Prior to February 1, 1986", of the Co.de of Ordinances of the City of Delray Beach, Florida, is hereby amended to read as follows: Section 35.098 S~pp~eme~e~ Re~eme~t ~eeme ~e~ Emp~eyees Whe Reei~ea P=ie~ Te February ~7 ½986. Supplemental Retirement Income and Minimum Benefits. EmD½eyees whe ~ee~=ed ~=&e~ ee February ~? 5986? shaAA ~eee~ve au ~e~ease Aa ehe~ ~ee~eme~e ~meeme ea~e~aeed ~ aeee~a~ee w~eh See= BS=997~A~ eh~em§h ~E~ e~ eh~s sHbehapee~ e~HaA ee ewe ~e~eeee ~%} fe~ each yea~ f~em ehe dace e~ ehe empAeyee~s Peb~a~y ~8~ 5986= Heweve~? aAA emp~eyees whe p~e= ee Ma~eh 57 }986T shaA½ ~eee~ve eee~ememe ~eeme e~ at ½east S~99 De= me,eh= The su~p½eme~e a~ m~m~m~m ~ee~memeee ~Heeme D~ev~e~ ~ eh~s seee~em shana be Effective as of January 1. 1993. emnloyees' Or beneficiaries of employees who retired prior to January 1. 1991. shall have the monthly amount of retirement income increased bv five nercent (5%) over the gross amount they were receiving in December 9~ 1990, Provided. however, that all employees regardless of retirement date shall receive a minimum monthly retirement amount of at least S40Q. Section 2. That all ordinances or parts of ordinances in conflict herewith be and the same are hereby repealed. Section 3. That should any section or provision of this ordinance or any portion thereof, any paragraph, sentence 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 4. That this ordinance shall become effective immediately after its passage on second and final reading and shall be applicable to retirees as set forth in Section 1 of this ordinance. PASSED AND ADOPTED in regular session on second and final reading on this the day of , 1992. MAYOR ATTEST: City Clerk First Reading Second Reading - 2 - Ord. No. 65-92 MEMO RAND UM TO: David T. Harden City Manager FROM: Joseph M. Director of Fin~ Secretary, General Employees Pension Board SUB3ECT: General Employees Pension Plan--5% Cost of Living Increase/ Minimum Monthly Pension Benefit for Retirees DATE: November 30, 1992 The General Employees Pension Board, at their meeting of November 13, 1992, approved a 5% cost of living increase to all General Employees Pension Plan retirees to be effective January 1, 1993 for all retirees (and beneficiaries of retirees) who retired prior to January 1, 1993. Additionally, the Board approved a minimum retirement income of at least $400.00 per month. For those retirees currently drawing a pension benefit of less than $400.00 per month, the 5% cost of living increase would be applied to their current benefit and, if the monthly benefit was still less than $400.00, then their monthly pension benefit would be increased to the minimum $400.00. As the Board is not obligated to review or grant cost of living increases on a regular basis, they felt a one-time increase was more appropriate than a per-year increase. Additionally, the Board felt that the 5% increase was fair as the current City employees are receiving no cost of living increase, but are eligible to receive a merit increase ranging from 0% to 5% with a budgeted (funded) increase of 3%. The City Attorney drafted the ordinance for the changes outlined above for first reading and approval by the City Commission at their meeting of December 1, 1992. The last cost of living increase/minimum monthly pension benefit granted to the General Employees Pension Plan retirees was effective March 1, 1986. /sam MEMORANDUM TO: Cheryl Leverett,~genda Coordinator FROM: Joseph M. Saff~irector of Finance SUBJECT: Second Reading of General Employees Pension Plan Ordinance 65-92--City Commission Agenda of December 8, 1992 DATE: December 4, 1992 Ordinance Number 65-92, which will be on the Commission Agenda of December 8, 1992 for second reading, effective January 1, 1993, grants a one-time 5% cost of living increase to those General Employees Pension Plan retirees who retired from the City prior to January 1, 1991. Additionally, it also increases the minimu~ monthly pension benefit from $200.00 to $400.00. Per your request, following is the list of General Employees Pension Plan retirees (or beneficiaries of retirees) whose monthly pension benefit will be increased to the $400.00 per month minimum as outlined in Ordinance 65-92: Current Gross New Gross Monthly Retiree's (or Monthly Pension Pension Benefit Per Month Beneficiary's*) Name Benefit Effective 01-01-93 Increase ANKNEY, Richard $355.90 $400.00 $ 44.10 BARR, Harold 342.21 400.00 57.79 BYIRT, Sadie* 206.40 400.00 193.60 CARTER, Carl 355.88 400.00 44.12 CHARLOW, Willie 337.97 400.00 62.03 COOK, Arthur 200.00 400.00 200.00 CUSTER, Kathleen 200.00 400.00 200.00 DOBARD, Flora* 200.00 400.00 200.00 ELLIOTT, Gladys* 372.06 400.00 27.94 GODFREY, Kathryn 222.45 400.00 177.55 GREEN, Emma* 280.17 400.00 119.83 HARP, Dorothy* 198.08 400.00 201.92 HARVEL, Margaret* 338.73 400.00 61.27 LAPOINTE, John 340.12 400.00 59.88 MCCLELLION, James 254.70 400.00 145.30 MIZE, Lillian* 317.72 400.00 82.28 NIEVES, Eufemio 248.09 400.00 151.91 NIXON, Carroll* 200.00 400.00 200.00 ODOM, Mary G.* 286.79 400.00 113.21 ORR, (Mrs.) William* 194.29 400.00 205.71 RAMSEY, Marjorie* 353.12 400.00 46.88 RODDICK, Gordon 200.00 400.00 200.00 SCHULT, Patti 359.97 400.00 40.03 THAYER, Carrie* 303.06 400.00 $ 96.94 TOTAL INCREASE PER MONTH $2,932.29 Required City Contributions for Proposed Changes in Benefits, Actuarial Funding Method and Actuarial Assumptions ................................. * ............ :::::::::::::::::::::::::::::::::::: *~*:*:':*:'~*:*:*:*:*~*:':*:':':? .'~:~: :~'~'~*~'~'~'' *~'i'~'i'~'~ ~'~*~?~*~*~*~'~'~'~' '~*~' '~*,'.'~'~? *.*.'.'.*.'.'.' *:.*.*.'.*.'.'.'~*~*h'~'.':: :. :.* ............. 1. Current Plan with no changes $ 729,442 8.43% 2. Current Plan using Aggregate Cost Method 470,130 5.43 3. Current Plan using Aggregate Cost Method and including 3 proposed changes in benefits* 577,164 6.67 4. Aggregate Method, 3 benefit changes and following combinations of assumed rates of investment earnings and salary increases: (a) 8%/7% (same as item 3) 577,164 6.67 (b) 7.5%/6.5% 737,247 8.52 ~ . 7.5%/6% 598,797 6.92 (d) 7%/5.5% 764,937 8.84 * Proposed changes in benefits include: one-time increase for current retirees, vesting of 50% after 5 years and 100% after 10 years, minimum lump sum death benefit of $10,000 instead of $5,000. The cost increase as a percent of payroll for each is 0.97%, 0.20% and 0.07% respectively. GENERAL EMPLOYEES PENSION FUND RETIREEE NORMAL/EARLY RETIREE DATE OF RETIREMENT SERVICE FINAL MO. ORIGINAL CURRENT PROOF APPROVED ,BENEF]CIARY BIRTH DATE YEARS COMP BENEFIT BENEFIT BIRTH MINUTES i ..ADAMS. ADRIENNE* 2/3/70 4/1/87 33.4170 $2~000.40 n · ·$1~4~4.uo $1,424.53 N/A YE$46/12/891 2 · AILSTOCK~ ROBERT 4/3/29 5/1/89 12.2§00 $2~678.48 $820.26 $820.26 NO YE846/12/891 7 ANKNEY~ RICHARD 6/11/20 10/1/84 10.0830 $1~341.95 $346.07 $355,90 YES YE8(IO/~/B4) 4 ARNAU, ELIZABETH 4/12/21 2/1/90 1S.SO00 $4,896.I7 $1,978.76 $1,978.76 YES 5 AXELROD~ CHARLES .... ~.~ 1/1191 10.2500 $~485.04 $Bg~.OB $Bg~.OB YES 6 BARR~ HAROLD 9i2li22 10/1i84 10.5000 $1~187.98 $~2.78 $~42.21 YES YESIIO/9tB41 7 BDGNAR~ FLDRENCE~ 12/15/10 B/1/74 1l.B3ll $66~.62 $244.81 $146.BB N/A YES(B/22/741 8 BDWERS~ RICHARD 1/1~/22 2/1/84 22.7~00 $1~290.~B $731.92 $764.§0 NO YEG(1/26/841 9 BRAUNSTEIN, LEAH 11/1/17 3/1/87 10.~830 $1~71~.08 $483.B0 $4~3.B0 YES YES43/13/871 .~9/~0 7/1/B0 16.~00 $1~902.10 $7~7.39 $843.23 YES YE$(7/IO/BO) 10 BRAWNER~ J. ~ n 11 BRDDKS~ FLOYD 4/14/2~ B/I/B6 24.1670 $1~638.07 $?89.64 $989.64 YES YES(9/11/B61 12 BYIRT~ GADIE~ N/A 7/1/74 $67%70 $278.72 $206.(0 N/A YES47/16/841 13 BYRD~ EULA~ 2/8/28 12/16/83 $1~846.47 $96~.71 $607.04 N/A YES(1/18/841 I~ CARTEE~ WADE 11/6/13 1/1/7~ 16.~170 $1~488.% $62~.6§ $71~.00 YES YE$412/26/?B) 1~ CARTER~ CARL 10/20/13 2/1/77 14.9170 $807.49 $301.17 $35~.88 NO YES(I/26/771 16 CHARLDW~ WILLIE 10...l~ 6/1/83 10.0000 $1,119.47 $3~0.35 $3~7.97 YES YE845/19/831 17 CDLViN~ JAC~UELINE 7/9/17 B/!/BO ~B.4170 $1~121.48 $516.36 $~74.02 YES YESIT/IO/BO) 18 . COOK. ARlHUR 4/7/09 2/I/68 16. Olio $402.00 $~1.3k $200.00 NO 19~COWD~EY~ MARIE 6/23/20 4/1/BB 1~.1670 $1~BII.B~ $687.07 $687.07 YES YEG(2/17/BB) 20 CUSTER? KATHLEEN 3/2/11 4/1/?1 16.0000 $~99.27 $36.67 $200.00 YES YEG(4/IO/7i) 21 DANIELS. WARREN 12/22/21 1/1/B1 17.1670 $1.z34..9 $423.85 $662.17 ND YE8412/11/BO) 22 DAVIDSON~ NDRMA 9/16/19 1/27/91 10.0000 S1~36.27 $484.07 $484.07 YES 23 DEZEARN~ WILLIAM 115/25 2/1/87 15.0000 ..... · ~o~,,v ~778,57 ~77B,57 YE8 YES43/13/871 24 DICAHPLI~ HARY ~/14/23 ~I/1/79 20.0000 $~78.40 $360.08 $408.66 YES 2~ DOBARD~ FLDRA~ 12/16/t6 9/~0/78 $726.2~ $191.61 $200.00 N/A YES411/20/781 26 DDQLEY~ FRANK 2/~/21 7/1/B~ 25.2~00 $1~380.81 $871.63 $B83.2~ YES YES(B/19/B~) ~n" ~.DDRCH. EUGENE 12/31/22 1/1/B~ 1~.~830 $1~641.91 S640.46 $6~5.~0 YES YES(I/q/OS) 28 nX~LIOil~ 8LADYS~ 3/12/29 ~/27/77 $1~702.92 $~33.0A $172.06 N/A YES(I/6/TB) 29 ERRIGD~ ROBERT 1/11/13 12/1/79 t0.0000 S1~487.08 $177.29 $~24.4~ YES YES411/28/791 30 FRANCIS, FRANK 5/23/24 3/1/87 12.5810 12.542.54 $799.78 $799.78 YES YES(3/13/871 31 8ARRETI~ RDLANB 11/B/19 12/1/84 22.1670 $1~350.68 $771.26 3790.54 ND YES(11/15/B~) 32 GEDRGE~ JOHN 12/~/~1 ~/1/87 ~3.3330 $2~362.31 $787.4D $787.4~ YES YES(B/20/BT) 33 GODFREY. KATHRY~ 8/25/12 li/t/7B 10.0000 ~77~.9q f194.00 $z~.4~ YES YES(10/27/781 34 BREEN~ EHHA HAE~ ~/30/29 N/A 11.7500 $1~58~.71 14&6.~5 ~280. I? N/A YES(6/12/B~) 35 GROVER~ KATHERINE* 7/24/27 4/I/89 28.7000 $I~486.51 $I~068.35 $1~068.35 N/A YES46/12/891 36 HANKERSDN. THERHAN 3/1.~d B/l/BO 10.4170 $1~390.02 $391.67 $391.67 YES YES(B/IB/BB) 37 HARP, DORDIHY * N/A 12/1/7q 13.0000 $B~9.24 $269.~9 ~198.08 N/A YES(A/10/7S) 38 HARVEL~ HARGARET~ 6/14/18 9/3077 $1~798.16 ~(83.21 )138.71 N/A YES49/16/771 39 HDWARD~ JAC~UELYN* 4/1/32 4!t/87 22.4170 $3~098.32 $1~55~.~5 (I~036.31N/A YES(3/13/B7)~ ~0 . HYCH~ JW 1/31/26 2/1/87 ~ '' 1~.B~3o $1 263.32 ~414.96 $414.96 YES YES43/13/87~.9/~ 41 JDHNSDN~ DEWEY A. 1/10/24 1/1/91 12.3330 $2,998.44 $924.48 $92~.~B YES 42 JOHNSON. LOUIS 4!2~/20 611/86 IB.O00(I *1,878.23 ~B45.2B $B~5.28 YES YES(9/11/B61 43 JONES~ WALTER 5/24/24 2/1/85 12.9170 $1~389.67 $507.26 $518.25 YES YES(5/~6/B~) 44 JDNES~ WILLIAH 3/30/22 12/1/B~ I~.~670 )1~2~.84 $504.22 $~36.99 YES YES(I/1B/B~) GENERAL EMPLOYEES PENSION FUND RETIREES NORMAL/EARLY RETIREE DATE DF RETIREMENT SERVICE FINAL MD. ORIGINAL CURRENT PROOF APPRDVE~ ~BENEFICIARY BIRTH DATE YEARS COMP BENEFIT BENEFIT BIRTH MINUTES 45 KEANE, HUSH 1/22/1~ 1/1/82 12.7500 $1,7B7.73 $569.B0 $617.2B YES 46 KNUDSON, JOHN E. 2/12/24 12/1/B9 10.0000 $2,599.12 $659.74 $659.74 YES YES(2/12/90) 47 LANG, WILL]E C. 6/22/3~ 2/i/90 29.2500 $2,196.46 $1,251.49 $1,251.49 YES YES(2/12/90) ~8 LAPOINTE, JOHN 5/13/19 12/1/B0 10.0000 $1,231.13 $307.80 $340.12 YES YES(Il/IS/BO) 49 LABTER, GARFIELD 6/~/25 1011189 1B.O000 $1,7B2.76 $B02.26 $B02.26 YES YES(2/12/90) 50 MANN~ FITZHUBH 10/B/22 1/1/B~ 11.1670 $1,497.06 $417.9B $427.73 YES YES(I/4/BS) 51 MARRIOTT, J 11/9/20 10/1/B1 11.3330 $5,145.32 $B12.34 SBB~.IO YES ~-~ 52 MATTESDN, BYRON 12/27/30 10!1/B9 30.0000 $2,B37.90 $1~795.47 $1,995.47 YES YES(2/12/90) 52 MESGERS~ WAYNE 5/23/25 6/1/85 10.5000 $2~557.B5 $61B.gB $629.50 YES YES(5/16/BS) 5~ MITCHELL, GEORGE 11/6/12 12/1/77 20.6670 SOLS.74 $423.05 $492.B5 ND YES(11/30/77) 55 MIZE, WILLIAM 10/27/14 4/1/77 20.0000 SBgB.71 $449.40 $529.54 YES YES(6/6/77) 56 MONTFDRT, RILEY 4/30/26 B/l/BO 14.0000 $1,624.62 $56B.6B $56B. bB YES YES(B/IB/BB) 57 MORREALE, GAL A/26/22 6/1/B9 10.0000 $2,6~7.4~ $65%40 $659.40 YES YES(6/12/Bg) 5B MORRIS, ELIGAH 5/7/21 10/I/83 70.0000 $1,31~.33 $9B9.40 $1,037.22 YES YEG(10/27/B3) 59 NICDLLS, PAUL 10/IB/09 10/1/74 45. B333 $1,243.4~ $932.70 $1,145.67 YES YES(B/22/7~) 60 NIEVES, EUFEMIO 9/3/17 7/1/79 10,0000 $B75.73 $21B.90 $24B.09 YES YES(B/I/79) 61 NIXON, CARRDLL~ 7/3/19 10/31/79 ~ $92%10 $2B0.69 $200.00 N/A YES(10/3~/79) 62 DOOM, MARY G* 11/11/29 7/I/BO [~.~t~j~.~1,433.97 $286.79 $286.79 N/A YESIB/1B/BB)*~ 63 ORR, BERNIE B/27/19 1/1/75 21.0000 $759.99 $264.70 $323.B2 YES YES(3/11/76) 64 DUTRAM, EMILY* 7/11/24 12/1/B4 16.2500 $1,3§1.6G $471.01 $471.01N/A YES(3/22/BS) 65 PEARCE, MARION 12114!24 1/1/B5 23.2500 $1,736.B0 $1,009.52 $1,033.08 YES YES(12/12/B4) 3/~4,~0 3/1/g0 IB,6670 $3,063.23 $1,324.8B $1,324.BB N/A N/A 66 PENDERGRAGS, ETHEL* ~ ~ 67 PETERS, DLAN 12/4/19 1/I/BO 23.3330 $1~676.36 $977.B9 $1,09B.~0 YES YES(12/14/79) 6B PDWELL, JOSEPH 2/6/2~ 4/1/B~ 17.3330 $1,407.43 $609.9§ $621.13 YES YES(6/16/B~) 69 RAMSEY~ MARJDRIE* 1/13/20 1/1/8( 15.9170 $1,417.65 $564.10 $5BB.54 N/A YES(1/18/B4) 70 REID, ROY 9/19/18 4/1/80 10,7500 $1,939.03 $521.16 $~B2.83 YES YES(3/24/80) 71 RICKER~ RAYMOND 3/19/1~ ~/1/84 12.0B30 $1,9~0.~B $SB9.17 $610.77 YES YES(B/I?/B§) 72 RDDDICK, GORDON ~/1/06 7/1/69 21,5000 $750.00 SBS.7B $200.00 YES YES(6/26/69) 73 RDLLE, NORMAN 11/3/26 B/l/B9 34,0000 $1,B§9.91 $1,~72.2B $1,472. BB YES YES(2/12/90) 74 SCHULT, PATTI 3/3/21 4/1/79 19.4170 $763.75 $317.15 $359.97 NO YES(3/2B/79) 75 SCOTT, NORBERT 4/9/~1 I/I/BB 15.5000 $3,292.05 $1,275.65 $1,z7~.65 YES YES(I/5/BB) 76 SEARCY~ WILLIAM 3!20/lI ~/t/B7 17.l~30 $1,728.79 $602.45 $602.45 YES YES(B/20/BT) 77 SIMMONS, W]LLIE 4/30/25 11/1/B9 10.6670 $1,965.02 $524.07 $524.07 YES YES(2/12/90) 7B SMITH, WILLIAM 1/11/36 2/1/B6 20.7500 '2,270.B9 'S BB.?9 '5B9.?7 YES ~._~79~YES(1/311'B6)'~ 79 TEMPLE~ LERDY 11/20/19 3/1/B2 20.3330 $1,164.1G $591,69 $639.03 YES BO lHAYER, CARRIE MAY~ N/A Blllll 1~.6670 $1~1B2.6~ $~6.11 $)03.06 N/A YESIB/IB/BB) BI THDMAS~ MARIA 5/4!18 6/1/7B 18.1670 SBII.Jl $368.43 $425.54 YES YES(5/2417B) B2 TYSON,. ALBERT 9/19/2B lO/l/BO 33,0830 $2~09§.17 $1,~71.40 $1~571.40 YES YES(ll/3/BB) B3 WARO~ MAURICE 2/16/26 3/1/B6 20.B333 $1~B§8.20 $%7.90 $967.90 YES YES(§/21/B6) B~ WEBER, lHDMAS 12/27/20 2/1/B1 18.7500 $2,61B.~9 $1,227.56 $1,352.36 YES BS WEI~S, LULA BELL S/1/27 §/1/B9 14.2~00 $1,9B4.93 $707.09 $707.09 YES YES(6/12/Bg) B6 WHITE, EDWARD 12/27120 2/1/B1 14.2500 $1,077.96 $3B~.04 $443.57 YES YEG(§/24!78) B? WDRTHING, HALLIE ~/12/13 6/1/74 19.0B30 $~,027.31 $490.0§ $605.21 YES YES(6/1B/74) DISABILITY RETIREE DATE OF RETIRERENT SERVICE FINAL RD, ORIGINAL CURRENT ~BENEFICIARY BIRTH DATE YEARS COflP BENEFII BENEFIl BB DIPPERY~ FREDERICK 7/25/13 4/1/70 B.5000 ~560.00 $3B.2B $200.00' B9 MCCLELLIDN~ JAMES 10/27/33 3/1/B4 10.0000 $1,224,48 DECEASED 90 FLEHINB~ JEAN B/2B/16 7tlt73 16,4170 $633.75 $37,65 $7B2,74 91 FLEMING! JEAN B/2B/16 7/2B/77 $2~144.56 $1,072.20 $200,00 TOTAL EM?LDYEES: 91 CITY OF DELRAY BEACH. FLORIDA - CITY COMMISSION REGULAR MEETING - DECEMBER 1. 1992 - 6:00 P.M, PUBLIC HEARINGS - 7:00 P.M. COMMISSION CHAMBERS AGENDA ADDENDUM THE FIRST READING PORTION OF THE AGENDA IS AMENDED TO INCLUDE: A. ORDINANCE NO. 65-92: An ordinance amending Section 35.098 of the Code of Ordinances to provide that effective January 1, 1993, employees or beneficiaries of employees who retired prior to that date, shall have their monthly amount of retirement income increased by 5% over the gross amount they were receiving in December 1992. Provided however, that all employees regardless of retirement date shall receive a minimum monthly retirement amount of at least $400. If passed public hearing December 8th. MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER ~ SUBJECT: AGENDA ITEM # I~ - MEETING QF DECEMBER 1. 1992 ORDINANCE NO. 65-92 DATE: November 30, 1992 This is first reading of an ordinance amending Section 35.098 of the Code of Ordinances to provide that effective January 1, 1993, employees or beneficiaries of employees who retired prior to that date, shall have their monthly amount of retirement income increased by 5% over the gross amount they were receiving in December 1992. Provided however, that all employees regardless of retirement date shall receive a minimum monthly retirement amount of at least $400. The General Employees Pension Board approved this proposal at their November 13th meeting. While I support the cost of living increase, and the minimum monthly retirement benefit, I am recommending that it be applicable to those retirees (or beneficiaries) who retired prior to January 1, 19_~, instead of January 1, 1993. Person~who retired from the City within the past two years are not as likely to need a cost of living adjustment as opposed to those who have been receiving pension benefits for a longer period of time. In addition, the 5% COLA would not be granted to those individuals retiring after January 1, 1993 and, therefore, would be somewhat inequitable. Recommend approval of Ordinance No. 65-92 on first reading, as amended to reflect the 5% COLA/minimum pension benefit for all retirees who retired prior to January 1, 1991. MEMORANDUM TO: David T. Harden City Manager FROM: Joseph M. S~ Director of F~n~~ Secretary, General Employees Pension Board SUBJECT: General Employees Pension Plan--5% Cost of Living Increase/ Minimum Monthly Pension Benefit for Retirees DATE: November 30, 1992 The General Employees Pension Board, at their meeting of November 13, 1992, approved a 5% cost of living increase to all General Employees Pension Plan retirees to be effective January 1, 1993 for all retirees (and beneficiaries of retirees) who retired prior to January 1, 1993. Additionally, the Board approved a minimum retirement income of at least $400.00 per month. For those retirees currently drawing a pension benefit of less than $400.00 per month, the 5% cost of living increase would be applied to their current benefit and, if the monthly benefit was still less than $400.00, then their monthly pension benefit would be increased to the minimum $400.00. As the Board is not obligated to review or grant cost of living increases on a regular basis, they felt a one-time increase was more appropriate than a per-year increase. Additionally, the Board felt that the 5% increase was fair as the current City employees are receiving no cost of living increase, but are eligible to receive a merit increase ranging from 0% to 5% with a budgeted (funded) increase of 3%. The City Attorney drafted the ordinance for the changes outlined above for first reading and approval by the City Commission at their meeting of December 1, 1992. The last cost of living increase/minimum monthly pension benefit granted to the General Employees Pension Plan retirees was effective March I, 1986. /sam CITY fqTTORNEY'S OFFICE TEL No. 407 278 4?55 Nov 25.92 17:28 P.02 11. AN ORDINA/qCE OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AMENDING CHAPTER 35, EMPLOYEE POLICIES AND BENEFITS SUBHEADING RETIREMENT PLAN, OF THE CODE OF ORDINANCES OF THE CITY OF DELRAY BEACH, FLORIDA, BY AMENDING SECTION 35.098, "SUPPLEMENTAL RETIREMENT INCOME FOR EMPLOYEES WHO RETIRED PRIOR TO FEBRUARY 1, 1986" BY RENAMING SECTION 35.098, PROVIDING AN INCREASE IN THE MINIMUM MONTHLY RETIREMENT BENEFITS, PROVIDING FOR CERTAIN COST OF LIVING INCREASES IN THE RETIREMENT BENEFITS; PROVIDING A REPEALER CLAUSE, SAVING CLAUSE, AND AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED SY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS~ Section ~. That Section ~8-~20, "Supplementa! Retirement Income for Employees Who Retired Pr£or to February 1, ~986", of the Code of Ordlnancel of the City of De,ray Beach, Florida, is hereby amended to read as follows~ ~m~yees-wh~-~et~red-~r~r-t~-Feb~uazT-*?-~98~-sha~-re~e~ve ~9~6-sha~-~ece~ve-ret~emen~-~n¢o~e-o~-a~-~eas~-$See~ per men~h?--T~e-s~pp~eme~-and-m*n*mttnt-~e~eme~-~nco~e-prov~ded ~n-thAs-seet~on-sha~-be-pa~d-beg~nn*ng-March-~F-~986T 3~.098 Supplemental Re~remon~ Income and Minimum ~ross amount they were., receiving in December of 199~'. Provided however.that all employees regardless of retirement ~ate sha~l receive a m~n~mum monthly re~'lrement amount of at lea$~ ~400. ~ection ~.r)/That all ordinances or parts of Ordinances in conflict herew£th be and the same are hereby repealed. Section ! Tha~ should any 8ectio~ or provision of this ordl~ance or any portion thereof, any paragraph, sentence, or word be declared by a Court of competent Jurisdiction =o be ~nvalid, such dec,sion 8~&11 not affect the validt%y of tho remainder hereof as a whole or part thereof other than the part declared to be invalid. Section'S\That th~s ordinance shall become effective ately a£~or its passage on second and f~nal reading and shall be applicable to retirees a8 set forth in Section ! of thio ordinance. CITY ATTORNEY'S OFFICE TEL No. 40? 278 4755 Nov 25,92 1?:29 P.03 PASSED AND ADOPTED ~n regular session on second and final re&ding on this the day of . 1992. MAYOR ATTEST ~ C~t¥ ¢le=k FirSt Reading Second Reading ORD. NO. BOCA RATON~DELRAY BOYNTON BEACH~DEERFIELD BEACH Published Daily Monday through Sunday Boca Raton, Palm Beach County, Florida Delray Beach, Palm Beach County, Florida STATE OF FLORIDA COUNTY OF PALM ]{EACH Before the undersigned- - authority personally-- A .UEL,~ .E~.,.G *~,. appeared Nancy Smith, Inside Sales Man- ~ ~ ~ ~ ager of The News, daily newspapers pub- ~- .~. ~ lished in Boca Raton in Palm Beach County, ~ m,~N.W. I~ M, ~. AN ~I~KE OF THE CffY ~1~1~ ~ THE CITY ~ DELRAY CHA~ER ~, ~P~OYEE CODE OF oRDINaNCES CiTY OF DEL~Y 8~C~, Fh~l. R~TI~ ~N, OF 'THE ~UPP~E~AL REPRINT Cl~ ~ ~AY m~ FL~L RETIR~ PRI~ TO F~BY newspaper published in Boca Raton, in said ,. BY,~REWWG SECT{~ Palm Beach County, Florida, Monday ,. THE MIN~ ~NTHLY FOR CEBTAIN C~T ~ LIVING eENEFiTS; PR~Dt~ A ~- ~FOR CEnTAre C~T OF U~NG 'IN. second class matter at the post office in ~E. C~.~, A Boca Raton, Palm Beach County, Florida, DATE., ~ '~U~, A ~YING for a period of one year next preceding the ~ ' ~M ~ ~ ' advertisement; and affiant further says that ~,~. w~ ~ he has neither rebate, commission or refund for the put- '~~ ~ pose of securing this advertisement for pub- c,..~A.~c. lication in said newspapers. c~ c~ c~tY ~ ~AY KACH THE N~ 8worn ~o ~nO suBse~ibod bofo~o mo NN CHARLEN B I My mm. Bp. 5.3.9p My Commission ~ Bonded Thru Service I.Ico.