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City Council Finance Committee Special Meeting - Police & Fire Pension Legislation

June 27, 2013 - June 27, 2013 3:00 p.m.

City Hall

117 W. Duval St., 1st Floor

Council Chamber

If you have any questions, please contact Carol Owens, Legislative Assistant at 630-1404.

Notice is hereby given that the Finance Committee will meet on Thursday, June 27, 2013 at 3:00 p.m., in the Council Chambers located at 117 W. Duval St., 1st Floor, St. James Building to consider Ordinance 2013-366, Police & Firefighters Pension Plan.

2013-366                       ORD re Chapt 121 (Police & Firefighters Pension Plan), Ord Code; Amend Sec 121.102(e) (Police & Fire Pension Plans), Creating New Category of Member known as a "Group II Member" based upon Hiring after 10/1/13, & Secs 121.113(a & b) (Calculation of Pension Contributions for Police & Fire Pension Fund) Revising Contribution Percentages of Existing Police & Fire Pension Plan Members; Create New Sec 121.211 (Calculation of Pension Contribution for Police & Fire Pension Fund) Establishing Prog of Pension Benefits Extended to Group II Members; Apv Mediation Settlemt Agreemt in case of Randall Wyse, et al vs City of Jax, Case No. 3:13-CV-121-J-34MCR, U.S. Dist Court, Middle Dist of Fla; Attach Required Actuarial Impact Statemt. (Laquidara) (Req of Mayor)

 

Please mark your calendar accordingly. All interested parties are invited to attend.