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File #: 991904    Version:
Type: Charter Ordinance Status: Passed
File created: 3/21/2000 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 5/19/2000
Effective date: 8/8/2000    
Title: : A substitute charter ordinance relating to retirement benefits under the employes' retirement system.
Sponsors: THE CHAIR
Indexes: CHARTER ORDINANCES, POLICEMENS ANNUITY AND BENEFIT FUND, RETIREMENT BENEFITS, WAGES AND BENEFITS
NUMB:
991904
VERS:
SUBSTITUTE 1
REF:

XXBY:
THE CHAIR
TITLE:
A substitute charter ordinance relating to retirement benefits under the employes' retirement system.
SECS:
36-02-12-a am
ANLS:
- Analysis -

This charter ordinance implements the 1998-2000 labor agreement between the city of Milwaukee and the Milwaukee Police Association, Local 21, IUPA, AFL-CIO. The 20-year pensionable longevity payment, which is pensionable, is increased by $100 effective with respect to payment beginning in 1998.
BODY:
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 36-02-12 of the charter is amended to read:

36-02. Definitions.

12. EARNABLE COMPENSATION shall mean: a. the annual regular base salary that would be payable to a member if he or she worked the full normal working time for his or her position, provided, however, that where service is credited during periods of absences as provided in s. 36-04-1-b, the employe shall be considered to have an earnable compensation as of his or her last month of employment prior to the beginning of such absences. In cases where compensation includes maintenance, the board shall fix the value of that part of the compensation not payable in money. Policemen, excluding sergeant of police, detective lieutenant and ranks above same, retiring on a service retirement allowance [[on or after]] >>between<< January 1, 1983 >>and December 31, 1997<<, shall have longevity in rank pay, if any, payable at the close of the calendar year immediately preceding their retirement included as earnable compensation >>. Policemen, excluding sergeant of police, detective lieutenant and ranks above same, retiring on a service retirement allowance on or after January 1, 1998, shall have longevity in rank pay, if any, that would have been payable at the close of the calendar year of their retirement had they not retired included as earnable compensation<<, and all other policemen retiring on a service retire...

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