powered help
header-left header-center header-right
File #: 020236    Version:
Type: Charter Ordinance Status: Placed On File
File created: 5/14/2002 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 10/15/2002
Effective date:    
Title: A substitute charter ordinance relating to military service credit under the employes' retirement system.
Sponsors: ALD. PRATT
Indexes: CHARTER ORDINANCES, EMPLOYES RETIREMENT SYSTEM, RETIREMENT BENEFITS, WAGES AND BENEFITS
Attachments: 1. Fiscal Note.PDF, 2. Budget Reply.PDF, 3. Fiscal Review Analysis.pdf
Number
020236
Version
Substitute 1
Reference

Sponsor
ALD. PRATT
Title
A substitute charter ordinance relating to military service credit under the employes' retirement system.
Sections
36-04-1-c am
Analysis
The global pension settlement allows employes who retired prior to December 31, 2002, one year of creditable year of service for each 3 years of active military service prior to enrollment in the retirement system to a maximum of 3 years of creditable service. The added service credit is taken into account for purposes of determining the amount of the service retirement allowance but not for any other purpose, including determining eligibility for a service retirement allowance or eligibility for additional imputed service credit. This charter ordinance removes the sunset to permit active members who retire after December 31, 2002, to receive additional creditable service for military service prior to enrollment in the retirement system.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 36-04-1-c of the charter is amended to read:
36-04. Creditable Service.
1. SERVICE CREDITED.
c. The board shall allow one year of creditable service for each 3 years of active military service prior to enrollment in the retirement system 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]] >>on or after<< January 1, 1998 [[and December 31, 2002]], and policemen represented by the MPSO, general city employes who participate in the combined fund and who retire on a service retirement allowance [[between]] >>on or after<< January 1, 1999 [[and Decembr 31, 2002]] and non-represented firemen or policemen who participate in the combined fund and who retire on a service retirement allowance[[between]] >>on or after<< January 1, 2000 [[and December 31, 2002]]. The creditabl...

Click here for full text