Number
110418
Version
ORIGINAL
Reference
71-1754
Sponsor
ALD. MURPHY
Title
A charter ordinance relating to retirement benefits for elected officials.
Sections
36-08-7-c am
Analysis
This charter ordinance establishes that elected officials who are initially elected on or after November 23, 2011, who are not members of the employes’ retirement system at the time of their initial election and who elect to become members of the employes’ retirement system, shall contribute 7% of their earnable compensation to the employes’ retirement system.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 36-08-7-c of the charter is amended to read:
36-08. Method of Financing.
7. MEMBER CONTRIBUTIONS
c. Members who are elected officials shall contribute or have contributed on their behalf 7% of the [[member’s]] >>members’<< earnable compensation, and in respect to such members subsequent to and commencing with the 1st pay period of 1971 the city shall contribute 7% of earnable compensation. >>Notwithstanding the forgoing, elected officials who are initially elected on or after November 23, 2011, who are not members of the employes’ retirement system at the time of their initial election and who elect to become members of the employes’ retirement system, shall contribute 7% of their earnable compensation.<<
Part 2. 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. 66.0101(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: ______________________
Attorney
IT IS OUR OPINION THAT THE ORDINANCE
IS LEGAL AND ENFORCEABLE
____________________________
Office of the City Attorney
Date: ___________________...
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