City of Milwaukee - File #: 070957

• File #: 070957
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 10/23/2007
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/9/2007
• Title: Resolution amending the Intergovernmental Cooperation Agreement between the City of Milwaukee and the Employes’ Retirement System and the Annuity Pension Board for indirect service charges relating to use of office space and payment of salary and employee benefits for the Secretary and Executive Director of the Employes’ Retirement System.
• Sponsors: THE CHAIR
• Indexes: AGREEMENTS, EMPLOYES RETIREMENT SYSTEM

Date	Ver.	Action By	Action	Result	Tally
11/21/2007	0	MAYOR	SIGNED
11/9/2007	0	COMMON COUNCIL	ADOPTED	Pass	14:0
11/7/2007	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearances by: W. Martin Morics, Comptroller/Annuity and Pension Board Chair Rudy Konrad, Deputy City Attorney	Pass	5:0
10/31/2007	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
10/23/2007	0	COMMON COUNCIL	ASSIGNED TO

Number
070957
Version
ORIGINAL
Reference
020952
Sponsor
THE CHAIR
Title
Resolution amending the Intergovernmental Cooperation Agreement between the City of Milwaukee and the Employes’ Retirement System and the Annuity Pension Board for indirect service charges relating to use of office space and payment of salary and employee benefits for the Secretary and Executive Director of the Employes’ Retirement System.
Analysis
This resolution amends the Intergovernmental Cooperation Agreement between the City and the Employes’ Retirement System Employee Retirement System (ERS) in 2 ways:
1. The amendment reduces the indirect rate from 9.2% to 4.2%. This change is made because the ERS moved out of City Hall to leased offices.
2. The amendment provides for, upon the request of the Annuity and Pension Board, the enrollment of the Secretary and Executive Director of the ERS, who, upon approval of the Annuity and Pension Board, will be an ERS employee, in city-sponsored benefit programs, and the authorization of appropriate City officials to administer the payment of the Director’s salary, through the City’s payroll system, and the furnishing of benefits.
Body
Whereas, On December 20, 2002, the Common Council adopted Resolution File Number 020952, approving the Intergovernmental Cooperation Agreement between the City of Milwaukee and the ERS and the Annuity and Pension Board (Board), which was attached to the file; and

Whereas, An Intergovernmental Cooperation Agreement between the City and the ERS, dated February 18, 2003, was agreed to for the period from January 19, 2001 forward, which, provides for a 9.2% indirect charge, including the use for City Hall space; and

Whereas, As of August 1, 2007, the ERS has moved outside of City Hall to leased offices and, accordingly, the City and the ERS agree that the new indirect charge should be reduced to 4.2%; and

Whereas, It has also been determined that the Secretary and Executive Director of the ERS (Director), u...