Number
110174
Version
SUBSTITUTE 1
Reference
101418
Sponsor
ALD. MURPHY
Title
A substitute charter ordinance relating to member pension contributions for certain city employes.
Sections
36-08-7-m am
Analysis
This charter ordinance provides that the requirement of s. 36-08-7-m, that general city employes participating in the combined fund shall contribute 1.6% of the member’s pensionable earnings during the 8-year period immediately following their enrollment on or after January 1, 2000, shall not apply to general city employes required to contribute 5.5% of their earnable compensation under subds. a-1 or 2.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 36-08-7-m of the city charter is amended to read:
36-08. Method of Financing.
7. MEMBER CONTRIBUTIONS
m. During the 8-year period immediately following their enrollment, general city employes who are enrolled as members on or after January 1, 2000 shall contribute to the combined fund a sum expressed as 1.60% of the member’s pensionable earnings if they participate in the combined fund. If a member who makes contributions under this par. separates from service without a vested pension or withdraws his or her accumulated contributions, amounts contributed under this par. shall be returned to the contributor without interest. This subsection shall not apply to >>general<< city employes >>required to contribute 5.5% of their earnable compensation under subd. a-1 or 2<< [[hired on or after January 1, 2010 who are represented by Milwaukee District Council 48, AFSCME, AFL-CIO, the Technicians, Engineers and Architects of Milwaukee, the Association of Scientific Personnel, the Association of Municipal Attorneys, SEIU Healthcare District 1199 Wisconsin/Staff Nurses Council, Local 195, IBEW, AFL-CIO, Local 75, Journeyman Plumbers and Gasfitters Union, AFL-CIO , Local 494, IBEW, AFL-CIO, Machine Shop, District 10, IAMAW, AFL-CIO, Joint Bargaining Unit Lo...
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