Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 7/6/2016 
Agenda Category:ORDINANCE ON FIRST READING

Subject: Ordinance- Amending Chapter 14, Article 11, Section 14-23.  Entitled Retirement Dates of the City's Code of Ordinance of the City of Riviera Beach Relating to the Retirement System for General Employees for a specific purpose.

Recommendation/Motion: That the City Council Considers this ordinance.

Originating Dept Human Resources   Costs Paid by Employee 
User Dept.Human Resources  Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   

Background/Summary: 

In 2011, the City Council approved an ordinance allowing former assistant city manager, Paul White to buy 5 months of what is termed “air time” in the City’s pension system.  Mr. White paid the full actuarial cost to allow vesting at ten years—Mr. White was 5 months short of vesting at the time he terminated.  Recently, the marina director, Ed Legue, made a similar request.  This ordinance would allow Mr. Legue and any other similarly situated employee to buy time into the pension system within the parameters of the ordinance.  The ordinance will automatically sunset on January 1, 2017.  Mr. Legue will bear the entire actuarial cost.  At this time the pension board is calculating the amount that would be owed if Mr. Legue bought 2 years of “air time. “

 
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III. Review Comments

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ATTACHMENTS:
File NameDescriptionUpload DateType
062716_ed_legue_purchase_of_time_ordinance_1st_reading.docOrdinance- Ed League Purchase of Time6/29/2016Cover Memo
090711_Agenda_Item_Amending_Chapter_14_Art__11_Sec__14-23.pdfPaul White Agenda Item6/29/2016Cover Memo
REVIEWERS:
DepartmentReviewerActionDate
Human Resources Monroe, LuecindaApproved6/29/2016 - 5:28 PM