Number
021591
Version
Substitute 1
Reference
Sponsor
ALD. PRATT
Title
A substitute charter ordinance relating to military service credit under the employes' retirement system.
Analysis
The global pension settlement allows employees who retired prior to December 31, 2002, one year of creditable year of service for each three years of active military service prior to enrollment in the retirement system to a maximum of three years of creditable service. The added service credit is taken into account for purposes of determining the amount of the service retirement allowance but not for any other purpose, including determining eligibility for a service retirement allowance or eligibility for additional imputed service credit. This charter ordinance removes the sunset to permit management and nonrepresented members who retire after December 31, 2002 to receive additional creditable service for military service prior to enrollment in the retirement system.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1: Section 36-04-1-c is amended to read as follows:
c. The board shall allow one year of creditable service for each 3 years of active military service prior to enrollment in the retirement system to policemen represented by the MPA and firemen represented by Local 215, IAFF, who participate in the combined fund and who retire on a service retirement allowance between January 1, 1998 and December 31, 2002, and policemen represented by the MPSO, general city employes who participate in the combined fund and who retire on a service retirement allowance on or after January 1, 1999 and non-represented firemen or policemen who participate in the combined fund and who retire on a service retirement allowance between January 1, 2000 and December 31, 2002. The board shall allow one year of creditable service for each 3 years of active military service prior to enrollment in the retirement system to gen...
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