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File #: 991903    Version:
Type: Charter Ordinance Status: Placed On File
File created: 3/21/2000 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 4/11/2000
Effective date:    
Title: A substitute charter ordinance relating to retirement benefits.
Sponsors: THE CHAIR
Indexes: ANNUITY AND BENEFIT FUND, CHARTER ORDINANCES, EMPLOYES RETIREMENT SYSTEM, RETIREMENT BENEFITS, WAGES AND BENEFITS
NUMB:
991903
VERS:
SUBSTITUTE 1
REF:
 
XXBY:
THE CHAIR
TITL:
A substitute charter ordinance relating to retirement benefits.
SECS:
36-05-1-b am
ANLS:
- Analysis -
 
This charter ordinance provides that the minimum service retirement age in the case of elected officials, other than those elected citywide, shall be reduced by one year for each 8 years of creditable service.
BODY:
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
 
Part 1. Section 36-05-1-b of the charter is amended to read:
 
36-05. Benefits.
 
1. SERVICE RETIREMENT ALLOWANCE.
 
b. Minimum Age. The minimum service retirement age shall be, in the case of firemen and policemen, age 57, and for all other members, age 60. >>The minimum service retirement age for elected officials elected to office by vote of the people, other than those elected citywide, shall be reduced by one year for each 8 years of creditable service.<<
 
Part 2. This charter ordinance shall be retrospectively applicable to elected officials in office on or after January 1, 2000.
 
Part 3. This is a charter ordinance and shall take effect 60 days after its passage and publication, unless within such 60 days a referendum petition is filed as provided in s. 66.01(5), Wis. Stats., in which event this ordinance shall not take effect until submitted to a referendum and approved by a majority of the electors voting thereon.
 
 
LRB:
APPROVED AS TO FORM
 
 
____________________________
Legislative Reference Bureau
Date:  ______________________
CATT:
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
 
 
____________________________
Office of the City Attorney
Date:  ______________________
ZDPT:
City Attorney
DFTR:
00170-1
BJZ:bsw
4/4/2000
 
 
 
 
 
 
 
 
 
 
 
 
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