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File #: 091609    Version:
Type: Charter Ordinance Status: Passed
File created: 3/24/2010 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 5/25/2010
Effective date: 8/10/2010    
Title: A substitute charter ordinance relating to retirement benefits for certain city employes.
Sponsors: THE CHAIR
Indexes: CHARTER ORDINANCES, RETIREMENT BENEFITS
Attachments: 1. Letter from Dept of Employee Relations, 2. Fiscal Note, 3. Notice Published on 6-11-10
Number
091609
Version
SUBSTITUTE 1
Reference
091530
Sponsor
THE CHAIR
Title
A substitute charter ordinance relating to retirement benefits for certain city employes.
Sections
36-04-1-f am
36-05-1-h-5-b am
36-08-7-a-2 am
36-08-7-m am
Analysis
This charter ordinance changes retirement benefits for employes represented by Local 494, IBEW-AFL-CIO, Electrical Group as follows:
1. A bonus year is added to the pension payment formulary thus qualifying an employe to retire earlier or add pension-eligible service time, or both. Employes who retire June 1, 2010, through December 31, 2010, and give notice by August 31, 2010 of their intent to retire, are eligible.
2. Employes who retire June 1, 2010, through December 31, 2011, shall receive an earlier cost-of-living increase of 2% effective the first anniversary of their retirement.
3. Employes hired on or after June 1, 2010, shall contribute 5.5% of their earnable compensation as a contribution to the retirement system.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 36-04-1-f of the city charter is amended to read:
36-04. Creditable Service.
1. SERVICE CREDITED.
f. City employes represented by Milwaukee District Court 48, AFSCME, AFL-CIO, the Technicians, Engineers and Architects of Milwaukee, the Association of Scientific Personnel, the Association of Municipal Attorneys, SEIU Healthcare District 1199 Wisconsin/Staff Nurses Council, Local 195, IBEW, AFL-CIO, Local 75, Journeyman Plumbers and Gasfitters Union, AFL-CIO, Local 494, IBEW, AFL-CIO, Machine Shop, District 10, IAMAW, AFL-CIO, Joint Bargaining Unit Local 139, IUOE, AFL-CIO/Milwaukee District Council 48, AFSCME, AFL-CIO, and nonmanagement/nonrepresented employes who during the calendar year 2010 retire from active service on a normal service retirement allowance, including allowances under s. 36-05-1-d-3, or on an immediate retirement allowance under s. 36-05-6-c, shall be eligible for a...

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