O88-43ORDINANCE NO. 88 - 43
AN ORDINANCE OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA
AMENDING CHAPTER 18: PENSIONS AND
RETIREMENT, ARTICLE II: EMPLOYEES'
PENSION PLAN, DIVISION
4: RETIREMENT AND
RETIREMENT BENEFITS, SECTIONS 18-94,
18-111(c)(1), 18-111(c)(2) AND 18-114 OF
THE CODE OF ORDINANCES OF THE CITY OF
BOYNTON BEACH, FLORIDA; PROVIDING THAT
EACH AND EVERY OTHER PROVISION OF
CHAPTER 18, PENSIONS AND RETIREMENT,
SHALL REMAIN IN FULL FORCE AND EFFECT AS
PREVIOUSLY ENACTED; PROVIDING A
CONFLICTS CLAUSE;
· PROVIDING A
SEVERABILITY CLAUSE; PROVIDING AUTHORITY
TO CODIFY; PROVIDING FOR AN EFFECTIVE
DATE; AND FOR OTHER PURPOSES.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION
OF THE CITY OFBOYNTON BEACH, FLORIDA:
Section 1. Whereas, the City Commission of the City
of Boynton Beach, Florida has the power to amend Chapter 18,
Pensions and Retirement, Article II, Employees, Pension
Plan, Division 4, Retirement and Retirement Benefits, as
granted by Section 18-58 (i.e., "Power to Amend or
Terminate',);
Now, therefore, Section 18-94 (i.e., "Employee
Contributions Required,,), Subsections (c)(1) and (c)(2) of
Section 18.111 (i.e., "Normal Retirement,,) and Section
18.114 (i.e., "Retirement prior to
of the Code of Ordinances of the City of Boynton Beach,
Florida, are hereby amended pursuant to the following
sections of this Ordinance.
Section 2. That Section 18~94. Employee
contributions required, is hereby amended by adding the
words and figures in underlined type and by deleting the
words and figures in struck-through type as follows:
"Sec. 18-94. Employee-contributions required.
Subject to the limitations imposed in section 18-95,
employees who are members, of the plan sh ·
~h~ee-~e~ee~-%~%~ four Dercen o ~11 c~nt~l~ute
h~e~___~ey___~a~s ,~.(~ of the flrst~e
twenty five dollars ($825.00) of monthl·
s~-De~ee~-+6%~ seven ~ _ Y e~lngs, plus
_ Dercent (7%) of montnl-- e ....
~ =mings
in excess of f~ve-hundred-f~fe -d
hundred twent---~=--- =_~ Y
h,,~ ~_~ny ~ve-~un~e~-~zz~_' .~tt'''~= ~: An
~h~ee_~e~ee. jZ~_L'~"_"_f/u;, per month w~
will c~ per month
~.00), or ~we~-e~
f°~Y-fivedo]~s an~
to ~he fund f~
Section 3_ That Section 18-111. Normal reniremen~.
is hereby amended by adding the words and figures in
underlined type and by deleting the words and figures in
struck-through tTpe as follows=
Sec. 18-111. Normal retirement.
(a) An employee who retires on or after January 1,
1977, will normally retire on ~he first day of the
month following his sixty-second birthday or the first
day of the month following ~en (10) yea~s of completed
service with the city, whichever is later.
(b) An employee who retires prior to January 1, 1977,
will normally retire on the first day of the month
following his sixty-fifth birthday or the first day of
the month following ten (10) years of completed service
with ~he city, whichever is later.
(c) In the event of normal retirement, ~he retiring
employee shall be entitled to and shall be paid an
annuity payable monthly beginning with the month of
retirement and continuing until death. The ~ount of
annuity to which the retiring emp~e~l be entitled
will be calcnlated as follows= '
(1)
Am-emp~eyee-whe-re~es_pr~e~
~9~-sha~-Be-e~§~B~e_~e-~eee~ve-a-meaeh~M
beme~--eemp~e~--~m--aeee~aaee__w~h__~he
P~v~s~sms-~f-ehe-p~am_as_~m_e~fee~_as_~_~he
~a~e-e~-h~s-~e~emen~-exeep~-eha~_e~ee~ve
as -el -~am~a~y -~? -}9~ -~he -m~m~h~y
payable -~ -eaeh -s~eh -~m~v~a~ -sha~ -be
~me~easeM-by-ewemey_~ve_pe~eeme_%~%}_as_~~
~ha~-~a~er ~A~__ -,,_].__- who retires nrior
~t~ xux~ =o receive
however that w=z-c - - ' d
~~ wx .~ res ~ ct to thos~l~
· as of Janua 1 197
retirement be-~=~ ~. _ 7 the
~n~lVl~al was
~_~~_~=~. D- twent_--five
~_~ sa _°3 t~.at date' a~. Drovid~d
1~6~' the m°~le to ~ach
2
(2)
~.~a_l_=wh~o retired before such d
~e Increased ..... ate shall
· . D . two ~rcen
. ~',[ benefit times t
_of .ful~n e:.~ __.: .... ._he n_umber
most recent ret~_ ~dual s
Aa-emD~oree-whe-~et~es_ea _o~_after_saa~a~r
~?-~9~ -sha~-Be -eat~t~e~ -to-aa~ -sha~-Be
~a~ -a~ -a~t~ -~a~ab~e -mo~th~
the-~et~e~-emD~oyee-w~-Be-e~t~t~e~_w~_Be
eq~&~ -to -~h~tM-seYe~ a~ -oae-ha~f -e
e o D ~s -seve~ -f~ _
eat-6~S~-of-th- ......... Y ye Der
~ =~==ss-ove~-~ve-h~a~e~
employee,s-..
yea~sT-the-~
a
em~e~ee~s
~m--momths-
eomp~ete~-at-~eas~
fte~-se~vSee-at
:~ememt---~ate? ....
ess-tham-th~tM-~B0~_~
amo~t-sha~-be-~e~ee~
sf -wh~eh -~s -the
,fi-wh~eh
e]
the
afJ
and
of
(
has
ret
1
af~
(3)
in
reJ
is
Final average monthly
purposes of
monthly avera¢
during the hi~
occurring in ti
calendar mont]
normal retirem
or after Jan~
compensation
~nsation for the
this secJ shall mean the
'e of the employee's earnings
lest sixty (60) calendar months
~e one hundred and twenty (120)
preceding his
~nt date if such date falls on
~ry 1, 1979, and based upon
immediately preceding actual
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retirement date if normal retirement date
Preceded January 1, 1979, or he elected to
continue to contribute after
retirement date normal
"Earnln' s" as Provided in section 18-95.
g as Used in the above sentence
shall mean gross earnings received by the
employee as compensation for service to the
~ity including overtime pay and sick pay Paid
in the lump sum at termination or retirement
but excluding bonuses.
Section 4. That Section 18-114. Retirement Prior to
normal retirement date. is hereby amended by adding the
Words and figures in Underlined type and by deleting the
words and figures in struck-through type as follows:
Sec. 18-114.
date. Retirement Prior to normal retirement
The early retirement date of an employee shall b
first day of any month ·
date and fol ~,.,~- prior to his ~ .... ~ . e the
~=~ retirement ....... ~t~ulng With, th~ ~L~
~%t-' (a) thi~%~," ,~v~eG he has then ~ii~u~ or
~ -- ,-~, s~urs of credited-~~x_~e?.service;d servl=e and has ·
attaln=u
his fifty-fifth birthda .
~n_ early retiremen+ ~ An_ employee who
reti~_~uul=y payable b~_~%t_, mu entitled to
~,,~l~=~u Gate or, if h~ __=~nn~ng at his
iL .... ~ beginning at ~_~_ou. elects, to an i---~7T~
~mount of ~ .... '~= early re~ ....
benefit u~=erred annuity ,.,~=~ent date. The
provision o~ _~_~s for normal reti~ .... 3qua% to a
emn1 ..... ,_ _ t _oucE10~ 18- 1t ~..= --~=nu unGer the
e~r2== ~ final average ~on~ff~.[ _ ~uu based on the
~ retirement dar6 a-= ~±~ compensation as of h'
service as o~ ----= _ nu nls a~e&-x-=~-= . lS
~esu~ -by -a -~aee~ -%he -a~me~a~ _~ -wh~=h -~s -ehe
emp~eyee&s-~u~-Yea~s-a~-eomD~ete~_mo~ehs_of_e~e~ee~
~e~emen~-~a~e~ If the retiring emplo e
receive an immediate annuit ..... y e elects to
r~t~ement date, the amo~nt~_=c°mm~nc~ng 9t his early
~t~estch~. actuarial equ~a~ ~eoiate annuit~
3 crlbed in the precedf~J -l-~~ the deferred
· ~ ~un=ence?~
~~ ~t~ha~. the amount of - ~ rovided
an ~:nu ~x -v ~d~_~act.uarial .-~-~-~:Val .... ""~x not
~~~_the~rre~
of cre~ed ~ ~ ~ ~ ~ a~:xeaSt ~irt f
~~' , ~xce- or (b :w (30) ears
.~, ~=~ a~ le . f -fxve
of ~~ asr twent -fxve (25) 'ears
Section 5. Each and every other provision of
chapter 18 (i.e., "Pensions and Retirements,,) shall remain
in full force and effect, as previously enacted.
Section 6. All ordinances or parts of ordinances in
conflict herewith are hereby repealed.
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Section 8.
this Ordinance.
Section_7. Should an section or provision of this
Ordinance, or any Portion thereof, be declared by a Court of
competent jurisdiction to be invalid, such decision Shall
not affect the remainder of this Ordinance,
Authority is hereby gr
Section 9. This Ordinance shall b
immediately upon Passage.
FIRST READING THIS ~
1988. day of
1988.SECOND AND FINAL PASSAGE thiS~day c
ATTEST:
~nted to codify
~COme effective
CITY OF BOYNTON BEACH, FLORIDA
(Corporate Seal)
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