NUMB:
991586
VERS:
SUBSTITUTE 2
REF:
XXBY:
THE CHAIR
TITL:
A substitute resolution relating to a Memorandum of Understanding between the City, City Agencies, Unions and Association of Retired Employes of the City of Milwaukee relating to a global pension settlement.
ANLS:
This substitute resolution approves a Memorandum of Understanding to be executed by the City, City Agencies, collective bargaining agents of City and City Agency employees, the Association of Retired Employes of the City of Milwaukee supporting a global pension settlement, the terms of which are embodied in Charter Ordinance Common Council File No. 991585. In the Memorandum of Understanding, the parties agree to cooperate in good faith to implement the global pension settlement in obtaining the necessary consent from participants, survivors and beneficiaries. This resolution also authorizes the City Attorney to take whatever actions are required including the commencement of a legal action in circuit court to implement the global pension settlement.
BODY:
Whereas, The Common Council has endorsed the concept of a global pension settlement, the terms of which are embodied in Charter Ordinance Common Council File No. 991585; and
Whereas, Representatives of the City have engaged in discussions with City Agencies, Unions representing City and City Agency employees and the Association of Retired Employes of the City of Milwaukee; and
Whereas, As the result of such discussions, a consensus has been reached as to a global pension settlement; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City of Milwaukee does hereby approve the Memorandum of Understanding annexed to the file; and, be it
Further Resolved, That any employee organization shall be given until April 19, 2000 to submit its agreement to the City Attorney for inclusion as part of Exhibit A to the Memorandum of Understanding; and, be it
Further Resolved, That the ...
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