NUMB:
931497
VERS:
SUBSTITUTE 3
REF:
XXBY:
ALD. MURPHY, KALWITZ, FRANK AND NARDELLI
TITL:
Substitute resolution relating to contractual benefits of members of the City of Milwaukee Employes' Retirement System.
ANLS:
_____________________________________________
-Analysis-
This resolution expresses the Common Council's interpretation of s. 36-13-2-e of the City Charter relating to the contractual rights of members of the City of Milwaukee Employes' Retirement System by stating that the benefits of members of the Employes' Retirement System become vested contractual rights at the time the employe becomes a member of the Employes' Retirement System and thereafter may be increased, reduced or eliminated by subsequent amendment to Chapter 36 of the Charter only when such amendment is in implementation of a collective bargaining agreement. _____________________________________________
BODY:
Whereas, Section 36-13-2-e of the City Charter addresses the contractual benefits of City employes as members of the City of Milwaukee Employes' Retirement System; and
Whereas, The Common Council is committed to the maintenance of benefits provided pursuant to the provisions of Chapter 36 of the City Charter; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the Common Council expresses and reaffirms its support of the intent of s. 36-13-2-e of the City Charter and its support of the contractual benefits of City of Milwaukee employes as members of the City of Milwaukee Employes' Retirement System pursuant to s. 36-13-2-e of the City Charter; and, be it
Further Resolved, That the Common Council affirms that the benefits of the Employes' Retirement System become vested contractual rights of the employe at the time he or she becomes a member of the Employes' Retirement System and are to be determined in accordance with the provisions of Chapter 36 of the City Charter as those provisions exist when the employe first...
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