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File #: 110122    Version: 0
Type: Resolution-Immediate Adoption Status: Passed
File created: 5/24/2011 In control: COMMON COUNCIL
On agenda: Final action: 5/24/2011
Effective date:    
Title: Resolution amending Common Council Resolution File Number 100416 to extend the reporting deadline for the Pension Task Force.
Sponsors: ALD. MURPHY
Indexes: COMMITTEES, EMPLOYES RETIREMENT SYSTEM, RETIREMENT BENEFITS

Number

110122

 

Version

original

 

Reference

100416

 

Sponsor

ALD. MURPHY

 

Title

Resolution amending Common Council Resolution File Number 100416 to extend the reporting deadline for the Pension Task Force.

 

Analysis

This resolution amends Common Council Resolution File Number 100416 adopted on September 21, 2010, by extending the Pension Task Force’s deadline for reporting its findings to the Common Council from June 30, 2011, to December 31, 2011.

 

Body

Whereas, The Common Council adopted Resolution File Number 100416 on September 21, 2010, creating a Pension Task Force; and

 

Whereas, The resolution directed the Pension Task Force to report its findings and recommendations to the Common Council by June 30, 2010; and

 

Whereas, Extending the task force’s reporting deadline will provide sufficient time to thoroughly investigate, analyze and make recommendations to ensure the City’s pension program remains fiscally sound; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that Common Council File Number 100416 is amended by replacing the final “Further Resolved” clause with the following:

 

“Further Resolved, The Pension Task Force shall report its findings to the Common Council by December 31, 2011, and be automatically dissolved.”

 

Requester

 

Drafter

LRB #127888

Aaron Cadle

05/12/11