Number
070957
Version
ORIGINAL
Reference
020952
Sponsor
THE CHAIR
Title
Resolution amending the Intergovernmental Cooperation Agreement between the City of Milwaukee and the Employes’ Retirement System and the Annuity Pension Board for indirect service charges relating to use of office space and payment of salary and employee benefits for the Secretary and Executive Director of the Employes’ Retirement System.
Analysis
This resolution amends the Intergovernmental Cooperation Agreement between the City and the Employes’ Retirement System Employee Retirement System (ERS) in 2 ways:
1. The amendment reduces the indirect rate from 9.2% to 4.2%. This change is made because the ERS moved out of City Hall to leased offices.
2. The amendment provides for, upon the request of the Annuity and Pension Board, the enrollment of the Secretary and Executive Director of the ERS, who, upon approval of the Annuity and Pension Board, will be an ERS employee, in city-sponsored benefit programs, and the authorization of appropriate City officials to administer the payment of the Director’s salary, through the City’s payroll system, and the furnishing of benefits.
Body
Whereas, On December 20, 2002, the Common Council adopted Resolution File Number 020952, approving the Intergovernmental Cooperation Agreement between the City of Milwaukee and the ERS and the Annuity and Pension Board (Board), which was attached to the file; and
Whereas, An Intergovernmental Cooperation Agreement between the City and the ERS, dated February 18, 2003, was agreed to for the period from January 19, 2001 forward, which, provides for a 9.2% indirect charge, including the use for City Hall space; and
Whereas, As of August 1, 2007, the ERS has moved outside of City Hall to leased offices and, accordingly, the City and the ERS agree that the new indirect charge should be reduced to 4.2%; and
Whereas, It has also been determined that the Secretary and Executive Director of the ERS (Director), upon approval of the Board, shall be an employee of the ERS; and
Whereas, The City and the ERS have agreed that the City, acting through the Comptroller’s Office or other City departments, upon request of the Board shall enroll the Director in the City’s payroll system, as an employee of the ERS, and pay to the Director a salary biweekly in the amount designated by the Board, and enroll the Director in the City’s medical and dental insurance/reimbursement programs, and other employee benefit programs generally available to city management employees, as such programs may exist from time to time (furnished employee benefits); and
Whereas, The City and the ERS have agreed that the ERS shall reimburse the City, as provided for in section 36-08-3, city charter, for the cost of the salary and any furnished employee benefits, in an amount computed by or at the direction of the City Comptroller, paid to the Director, and all costs incurred by the City for administering the salary payments and furnished employee benefits; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Intergovernmental Cooperation Agreement between the City of Milwaukee and the ERS and the Board, be amended as attached, and the proper city officials are authorized to execute the amendment on behalf of the city.
Requestor
Annuity and Pension Board
Drafter
BCC
10/17/07