Coversheet


CITY OF RIVIERA BEACH CITY COUNCIL AGENDA ITEM SUMMARY

Meeting Date:	8/19/2020
Agenda Category:	REGULAR RESOLUTION

Subject:

Resolution approving an agreement with the Department of Management Services, enrolling Sworn Police Personnel into Florida Retirement System.

Recommendation/Motion:

That City Council approves the enrollment of new hired Sworn Police Personnel into the Florida Retirement System.

Originating Dept	Human Resources	Costs
User Dept.	Human Resources	Funding Source
Advertised	No	Budget Account Number
Date
Paper
Affected Parties	Not Required

Background/Summary:

The Police Benevolent Association (PBA) Bargaining Unit Members ratified the current three (3) year Labor Agreement on March 13, 2020. The parties bargained to close the Police Pension Plan to new hires at acceptance into the Florida State Retirement System (FRS).

Resolution declaring that all Police Officers, hired after FRS enrollment, except those excluded by law, shall participate in the Florida Retirement System, those Police Officers shall be compulsory members of the Florida Retirement System.

Florida is a divided vote referendum state, meaning two votes are required. The first vote is a by secret ballot. An affirmative vote of the majority of the eligible persons in the Retirement Plan and Trust for the Police Officers of the City of Rivera Beach must vote affirmatively in favor of the City joining the FRS. Following a favorable majority vote referendum, each eligible police officer will vote a second time. The second vote is not a secret ballot.

The 185 Plan has 110 members eligible to vote in the referendum. Eighty-one (81) members voted in the affirmative to join FRS on April 30 and May 1, 2020. The affirmative vote ensures that Police Officers and Sergeants, upon approval of the Resolution by the City Council, will receive wage increases. The City Council ratified the Labor Agreement on May 20, 2020.

Each police officer will elect to transfer to the FRS or remain in the Retirement Plan and Trust for the Police Officers of the City of Rivera Beach (185 Plan). All police officers hired after the City joins the FRS, will be members of the FRS with Social Security coverage.

The City anticipates a savings due to lower pension contribution rates as compared to the Police Pension Plan.

Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city)
Net Fiscal Impact
NO. Additional FTE Positions (cumulative)


III. Review Comments

A. Finance Department Comments:

This item will generate a long-term savings in employer police pension contributions. The savings will be realized over time as new PBA members are hired. The savings will be a factor of the difference in required employer pension contributions between the current city plan and the Florida Retirement System.

B. Purchasing/Intergovernmental Relations/Grants Comments:

C. Department Director Review:

Contract Start Date
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe

ATTACHMENTS:
File Name	Description	Upload Date	Type
HR-Memo_Police_Officers_Pension_enrollment_into_FRS_Agenda_Summary.pdf	FRS Enrollment Agenda Summary Memorandum	8/12/2020	Cover Memo
HR-Resolution_No_71-20_2020_FRS_Police_Enrollment.pdf	FRS Enrollment Resolution	8/12/2020	Resolution
FRS_ELECTION_RESULTS_Police_April_30_May_1_2020.pdf	FRS Vote Results	8/4/2020	Cover Memo

REVIEWERS:
Department	Reviewer	Action	Date
Human Resources	Young, Eureka	Approved	8/4/2020 - 11:56 AM
Purchasing	Pemsel, Althea	Approved	8/4/2020 - 1:44 PM
Finance	sherman, randy	Approved	8/7/2020 - 11:55 AM
Attorney	Wynn, Dawn	Approved	8/10/2020 - 12:01 PM
City Clerk	Robinson, Claudene	Approved	8/10/2020 - 12:04 PM
City Manager	Jacobs, Deirdre	Approved	8/11/2020 - 11:17 PM