Description: AGENDAHED.JPG

Item No:††††††† ††††††††††† 5D.


Meeting Date:†††††††††† April 9, 2012


From:††††††††††††††††††††††††† Jay M. Evans, City Manager


Subject:††††††††††††††††††††† Ordinance amending the Retirement Plan for General Employees changing Section1 Definitions and Section 10 Optional Forms of Benefits



Staff Recommendation:

Staff recommends approval of the proposed ordinance amending the Retirement Plan for General Employees.



The changes to the Plan were discussed and approved at the Pension Board meeting held on March 6, 2012.The change to Section 1 Definitions is to correctly replace language related to Credited Service that was inadvertently omitted with the adoption of Ordinance No. 09-38.The change to Section 10 is related to the designation and process to subsequently change the memberís beneficiary and joint pensioner.


1.Adopt the Ordinance as presented; or

2.Such alternative action as the Commission may deem appropriate


Fiscal Impact:

There is no fiscal impact resulting from these changes.



Submission Date and Time:††† 4/5/2012 3:14 PM____


Department: __City Manager__________

Prepared by:__Jay M. Evans__________†††††††††† †††††††††††

Attachments:†††††††† Yes__X__†† No ______

Advertised:†† ____Not Required ______†††††††††††††††††††††

Dates:†† __________________________†††††††††††††††††††††

Attorney Review :†††††† Yes___No ____

††††††††††††††††††††††††††††††††††††††††††† †††††


Revised 6/10/04


Reviewed by: Dept. Head ________


FinanceDept. __________________†††††††††††††††††††††††††††††††††††


Deputy C.M. ___________________††††††† †††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††

Submitted by:

City Manager ___________________


Account No. _________________


Project No. ___________________


WF No. ______________________




Available _____________________