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File #: 141569    Version:
Type: Charter Ordinance Status: Passed
File created: 2/10/2015 In control: COMMON COUNCIL
On agenda: Final action: 5/24/2016
Effective date: 8/10/2016    
Title: A substitute charter ordinance relating to retirement benefits for employes represented by Milwaukee Police Association.
Sponsors: THE CHAIR
Indexes: EMPLOYEE BENEFITS, POLICE DEPARTMENT
Attachments: 1. Cover Letter, 2. Fiscal Impact Statement, 3. Hearing Notice List, 4. Notice Published 6-10-16
Number
141569
Version
SUBSTITUTE 1
Reference
101158
Sponsor
THE CHAIR
Title
A substitute charter ordinance relating to retirement benefits for employes represented by Milwaukee Police Association.
Sections
36-08-7-b am
Analysis
This charter ordinance establishes that, effective with Pay Period 1 of 2016, employes who are represented by the Milwaukee Police Association and who were enrolled as members in the retirement system before October 3, 2011, shall contribute 7% of their earnable compensation as a pension contribution.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 36-08-7-b of the city charter is amended to read:

36-08. Method of Financing.

7. MEMBER CONTRIBUTIONS
b. Except for members of the system, who are initially employed as firemen or policemen on or after October 3, 2011, the employer shall have the obligation to contribute the percentages set forth in this section. Members who are firemen shall have contributed for them by the employer 7% of such firemen's earnable compensation. Members who are policemen shall have contributed by the employer, commencing with the 1st pay period of 1971, 6% of such policemen's earnable compensation; policemen shall contribute 1% of their earnable compensation. Members who are policemen shall have contributed by the employer commencing with the first pay period of 1990, 7% less $1 of such policemen's earnable compensation. Commencing in 1990, policemen, excluding sergeant of police, detective lieutenant and ranks above same, shall contribute $1 of their longevity in rank pay, if any, payable at the close of the year. Notwithstanding the foregoing, commencing with the 1st pay period of 2016, policemen who are represented by the MPSO >>or the MPA<< and were enrolled as members in the retirement system before October 3, 2011, shall contribute 7% of their earnable compensation. Members of the system who are initially employed as firemen or policemen ...

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