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File #: 090049    Version: 0
Type: Charter Ordinance Status: Passed
File created: 5/5/2009 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 5/27/2009
Effective date: 8/12/2009    
Title: A charter ordinance relating to eligibility to make a selection of a protective survivorship retirement option.
Sponsors: ALD. MURPHY
Indexes: CHARTER ORDINANCES, FIRE DEPARTMENT, RETIREMENT BENEFITS
Attachments: 1. City Attorney Letter, 2. Fiscal note, 3. Hearing Notice List, 4. Notice Published on 6-12-09
Number
090049
Version
ORIGINAL
Reference
Sponsor
ALD. MURPHY
Title
A charter ordinance relating to eligibility to make a selection of a protective survivorship retirement option.
Sections
36-05-7-b-4-a am
Analysis
This charter ordinance is a technical correction to the chapter 36 provision on protective survivorship retirement options. When ch. 36 of the charter was amended pursuant to the global pension settlement, s. 36-05-7-b-4-a should have been amended so that when firefighters became eligible to retire at age 49 or older, with 22 years of creditable service, they are also able to elect a protective survivorship option at the time they become eligible for the service retirement allowance. This ordinance makes this revision.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 36-05-7-b-4-a of the charter is amended to read:

36-05. Benefits.
7. OPTIONAL BENEFITS.
b. Retirement Options.
b-4. Protective Survivorship Option.
b-4-a. Any member eligible for normal service retirement under this act, except policemen who attain eligibility for normal service retirement under sub. 1-f on or after January 1, 1985, and firemen who attain eligibility for normal service retirement under sub. 1-f on or after March 1, 1985, may elect a protective survivorship option without a reduction because of such election by selecting an option under this subdivision in the manner hereinafter set forth, which option shall then become effective at his or her death, with the same force and effect as if such member had retired under such option immediately prior to his or her death. Any policeman who attains 25 years of creditable service as a policeman under this act on or after January 1, 1985, [[and]] any fireman who attains 25 years of creditable service as a fireman under this act on or after March 1, 1985, >>and any fireman eligible for a service retirement allowance under sub. 1-f after attaining the age of 49 yea...

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