Number
020474
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
A substitute charter ordinance relating to inclusion of a trustee as beneficiary of an ordinary death benefit under the employes' retirement system.
Sections
36-05-10-a-0 am
Analysis
This charter ordinance amends s. 36-05-10-a-0 to include a trustee as beneficiary of an ordinary death benefit under the employes' retirement system.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1: Section 36-05-10-a-0 of the Charter is amended to read as follows:
36-05. Benefits.
10. ORDINARY DEATH BENEFIT.
a. Beneficiary. Upon the receipt of proper proofs of death of a member in active service which is not the result of an accident in the actual performance of duty as defined in sub. 5, his >>or her<< accumulated contributions shall be paid to such person,>>or such trustee,<<if any, as he >>or she<< has nominated by written designation duly executed and filed with the board prior to his >>or her<< death, otherwise to his >>or her<< estate, and if such member has completed one or more years of creditable service there shall be paid in addition a lump sum benefit of ½ the final average salary of such deceased member. [[The beneficiary]]>>Such person designated by the member<<may elect to receive the amount payable as follows:
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:____________________
Requestor
Drafter
TEH/kf 54174
1054-2002-618
5/30/2002
Drafter
LRB02335-2
TWM/cac
7/1/2002