powered help
header-left header-center header-right
Share to Facebook Share to Twitter Bookmark and Share
File #: 110174    Version:
Type: Charter Ordinance Status: Passed
File created: 5/24/2011 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 6/14/2011
Effective date: 8/30/2011    
Title: A substitute charter ordinance relating to member pension contributions for certain city employes.
Sponsors: ALD. MURPHY
Indexes: RETIREMENT BENEFITS
Attachments: 1. Cover Letter, 2. Hearing Notice List, 3. Notice Published on 6-30-11
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
6/30/20111 CITY CLERK PUBLISHED   Action details Meeting details Not available
6/17/20111 MAYOR SIGNED   Action details Meeting details Not available
6/14/20111 COMMON COUNCIL PASSEDPass15:0 Action details Meeting details Not available
6/9/20111 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR PASSAGE

Minutes note: Individuals appearing: Jerry Allen, Executive Director, Employes' Retirement System Beth Conradson Cleary, Asst. City Attorney
Pass5:0 Action details Meeting details Not available
6/6/20111 FINANCE & PERSONNEL COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
6/6/20111 FINANCE & PERSONNEL COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
5/24/20110 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
110174
Version
SUBSTITUTE 1
Reference
101418
Sponsor
ALD. MURPHY
Title
A substitute charter ordinance relating to member pension contributions for certain city employes.
Sections
36-08-7-m am
Analysis
This charter ordinance provides that the requirement of s. 36-08-7-m, that general city employes participating in the combined fund shall contribute 1.6% of the member’s pensionable earnings during the 8-year period immediately following their enrollment on or after January 1, 2000, shall not apply to general city employes required to contribute 5.5% of their earnable compensation under subds. a-1 or 2.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

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

36-08. Method of Financing.
7. MEMBER CONTRIBUTIONS
m. During the 8-year period immediately following their enrollment, general city employes who are enrolled as members on or after January 1, 2000 shall contribute to the combined fund a sum expressed as 1.60% of the member’s pensionable earnings if they participate in the combined fund. If a member who makes contributions under this par. separates from service without a vested pension or withdraws his or her accumulated contributions, amounts contributed under this par. shall be returned to the contributor without interest. This subsection shall not apply to >>general<< city employes >>required to contribute 5.5% of their earnable compensation under subd. a-1 or 2<< [[hired on or after January 1, 2010 who are represented by Milwaukee District Council 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 Lo...

Click here for full text