Number
110348
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
A substitute charter ordinance relating to reservation of plan sponsor rights under the employes’ retirement system.
Sections
36-13-2-h cr
Analysis
This charter ordinance establishes that for members enrolled in the employes’ retirement system on or after November 23, 2011, the city may amend or repeal by ordinance provisions relating to the benefits and rights of such members. Such members shall have no right to further accrual of benefits or rights for services rendered after the effective date of any ordinance repealing or altering the ordinance that initially authorizes the benefit or right. Benefits accrued and rights earned by a member for service rendered prior to the effective date of any ordinance shall be due as a contractual and vested right and shall not be abrogated or altered by any subsequent legislation. These provisions shall not apply to members of a certified collective bargaining unit with a labor contract while the contract is in force and in effect and contains provisions inconsistent with the provisions of this ordinance.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 36-13-2-h of the city charter is created to read:
36-13. Contractual Benefits; Miscellaneous Provisions.
2. CONTRACTS TO ASSURE BENEFITS.
h. Notwithstanding any other provision of this chapter, the contractual rights of members enrolled on or after November 23, 2011, shall be governed by this paragraph. The right of the city on its own behalf, or on behalf of a city agency, to amend or repeal all or part of this chapter by enactment of ordinance is reserved to the city and the city agency. Members shall have no right to further accrual of benefits or rights for service rendered after the effective date of any ordinance repealing or altering the ordinance that authorizes the benefit or right. Benefits accrued and rights earned by a mem...
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