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File #: 111325    Version:
Type: Ordinance Status: Passed
File created: 1/18/2012 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 2/7/2012
Effective date: 2/24/2012    
Title: A substitute ordinance relating to the composition of the Deferred Compensation Plan Board.
Sponsors: ALD. MURPHY
Indexes: DEFERRED COMPENSATION PLAN BOARD
Attachments: 1. Hearing Notice List, 2. Notice Published on 2-23-12
Number
111325
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. MURPHY
Title
A substitute ordinance relating to the composition of the Deferred Compensation Plan Board.
Sections
320-17-1 rc
Analysis
This ordinance increases the size of the Deferred Compensation Plan Board from 9 to 10 by adding as a member the executive director of the employes’ retirement system. In addition, the former pay range category requirements for the appointed members have been eliminated to reflect the change in design of the city’s compensation system and the associated salary ordinance.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 320-17-1 of the code is repealed and recreated to read:
320-17. Deferred Compensation Plan Board.
1. CREATION. a. There is created a deferred compensation plan board consisting of 10 members:
a-1. The mayor.
a-2. The chair of the common council’s finance and personnel committee.
a-3. The city attorney.
a-4. The city comptroller.
a-5. The city treasurer.
a-6. The director of employe relations.
a-7. The executive director of the employes’ retirement system.
a-8. Two employes appointed by the mayor for a term of 2 years.
a-9. One employe appointed by the common council president for a term of 2 years.
b. Members listed under par. a-1 to 7 may name designees.
c. The following members shall be members of the city’s deferred compensation plan at the time of appointment:
c-1. Members appointed pursuant to par. a-8 to 9.
c-2. Designees of members listed under par. a-1 to 7.
d. Members appointed pursuant to par. a-8 to 9 shall be confirmed by the common council.
e. Members appointed pursuant to par. a-8 to 9 shall be appointed no later than 60 days after the third Tuesday in April in even-numbered years to 2-year terms expiring on the third Tuesday of April 2 years thereafter. When a vacancy occurs in a board position, the appointing authority shall make an appointment within 60 days...

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