powered help
header-left header-center header-right
File #: 050786    Version:
Type: Charter Ordinance Status: Passed
File created: 9/27/2005 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 10/18/2005
Effective date: 1/3/2006    
Title: A substitute charter ordinance relating to employe retirement benefits.
Sponsors: THE CHAIR
Indexes: CHARTER ORDINANCES, RETIREMENT BENEFITS, WAGES AND BENEFITS
Attachments: 1. Fiscal Analysis, 2. DER letter, 3. Fiscal note, 4. Notice Published 11-03-05.PDF
Number
050786
Version
SUBSTITUTE 1
Reference

Sponsor
THE CHAIR
Title
A substitute charter ordinance relating to employe retirement benefits.
Sections
36-04-1-c am
36-04-1-d am
Analysis
This charter ordinance incorporates a number of retirement benefits for city employes represented by Local 494, IBEW, AFL-CIO, Fire Equipment Dispatchers:

1) Creditable service for military service: one year of creditable pension service for each 3 years of military service for employes retiring on a service retirement on and after January 1, 2003 through December 31, 2006.
2) Creditable service for time worked as a city-laborer seasonal or playground laborer-seasonal (MPS): one year of creditable pension service for each 5 years of such service for employes retiring on a service retirement on or after January 1, 2005.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Part 1 of common council file number 040511, passed June 14, 2005, is amended to read:

NOTE: The foregoing amendment to s. 36-04-1-c shall apply only to policemen represented by the MPA and firemen represented by Local 215, IAFF, who participate in the combined fund and who retire on a service retirement allowance between January 1, 1998 and December 31, 2002; policemen represented by the MPSO, and general city employes, who participate in the combined fund and who retire on a service retirement allowance between January 1, 1999 and December 31, 2002; non-represented firemen or policemen who participate in the combined fund and who retire on a service retirement allowance between January 1, 2000 and December 31, 2002; policemen represented by the MPA, firemen represented by Local 215, IAFF, nonrepresented firemen, and general city management and nonrepresented employes, who participate in the combined fund and who retire on a service retirement allowance on or after January 1, 2003; city of Milwaukee employes who participate in the combined fund an...

Click here for full text