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File #: 020342    Version:
Type: Charter Ordinance Status: Passed
File created: 6/4/2002 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 6/25/2002
Effective date: 9/11/2002    
Title: A charter ordinance relating to survivorship benefits under the employes' retirement system.
Sponsors: THE CHAIR
Indexes: CHARTER ORDINANCES, EMPLOYES RETIREMENT SYSTEM, RETIREMENT BENEFITS, WAGES AND BENEFITS
Attachments: 1. City Atty.-Fiscal Note.pdf, 2. City Atty Cover Letter.pdf, 3. ERS-Fiscal Note.PDF, 4. Budget Reply.PDF, 5. Fiscal Review Analysis.pdf
Number
020342
Version
SUBSTITUTE 1
Reference
991585
Sponsor
THE CHAIR
Title
A charter ordinance relating to survivorship benefits under the employes' retirement system.
Sections
36-05-8-b-12 am
Analysis
This charter ordinance amends the global pension settlement to provide that the increased survivorship benefits to $300/$600 per month, effective with the installment next following January 1, 2000, will apply to all beneficiaries who began receiving survivorship benefits before January 1, 2000, or who are eligible to receive a survivorship benefit in the future due to a death occurring prior to January 1, 2000, and who participate in the combined fund.

Part 21 of Common Council File No. 991585 implemented the agreement by amending s. 36-05-8-b-12 of the charter to provide the increased benefit to widows or widowers and children under 18, but failed to take into account beneficiaries of the survivorship fund include children over 18 who were disabled prior to age 18 and dependent parents. This charter ordinance amends that charter provision to conform to the agreement of the parties.

Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 36-05-8-b-12 of the charter is amended to read:

36-05. Benefits.

8. SURVIVORSHIP BENEFITS.

b. Dependents.

b-12. For beneficiaries of policemen whose date of death occurs on or after October 5, 1973, and for beneficiaries of firemen whose date of death occurs on or after July 28, 1974, survivorship benefits payable in the amount of $115 per month shall be increased to $140 per month and payable in the amount of $230 per month shall be increased to $280 per month under the terms and conditions set forth in subd. 11. For beneficiaries of firemen whose date of death occurs on or after March 1, 1979, survivorship benefits payable in the amount of $140 per month shall be increased to $175 per month and payable in the amount of $280 per m...

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