06-028
II
ORDINANCE NO. 06-0.a e
AN ORDINANCE OF THE CITY OF BOYNTON BEACH,
FLORIDA AMENDING ORDINANCE NO. 04-050 TO RE-
OPEN THE OPEN ENROLLMENT PERIOD DURING
WHICH CURRENT MEMBERS OF THE GENERAL
EMPLOYEES' PENSION PLAN MAY EXERCISE A ONE-
TIME OPPORTUNITY TO PURCHASE SERVICE
CREDITS FOR PRIOR MILITARY SERVICE AS
CREDITABLE SERVICE TOWARDS A MEMBER'S
PENSION; DIRECTING THE PLAN ADMINISTRATOR
FOR THE GENERAL EMPLOYEES PENSION PLAN TO
NOTIFY PARTICIPANTS OF THE PLAN OF THIS RE-
OPENING OF THE OPEN ENROLLMENT PERIOD;
PROVIDING FOR CONFLICTS; PROVIDING FOR
SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the General Employees' Pension Board of Trustees ("Board") had
determined the necessity to provide for a one-time opportunity for current members of the
General Employees' Pension Plan ("Plan") to include prior military service, as defined in
S 18-81 of the Plan, as creditable service towards a member's calculation of pension benefits
under the Plan by purchasing service credits for prior military service; and
WHEREAS, pursuant to the Board's recommendation, the City Commission
adopted Ordinance No. 04-050 approving this modification to the Plan; and
WHEREAS, the open enrollment period provided in Ordinance 04-050 for a
participant to exercise their option to make this purchase was insufficient, the Board
recommended that the open enrollment period be reopened for one last opportunity to the
Plan members to exercise this option; and
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WHEREAS, it is the desire of the City Commission to modify the Plan as
recommended by the Board to modify the open enrollment period as provided in Ordinance
No. 04-050;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1.
The foregoing "WHEREAS" clauses are hereby certified as being true
and correct and are incorporated herein by this reference. All exhibits attached hereto are
hereby incorporated herein.
Section 2.
The City Commission of the City of Boynton Beach, Florida hereby
amends Ordinance No. 04-050 to re-open the open enrollment period to provide a one-time
opportunity for current members of the General Employees' Pension Plan ("Plan") to
include prior military service, as defined in 918-81 of the Plan, as creditable service towards
their calculation of pension benefits under the Plan by purchasing service credits for prior
military service. This option shall only be available to those persons who are members of
the Plan as of the effective date of this Ordinance.
Section 3.
The re-opened open enrollment period for exercising this option shall
commence thirty (30) business days following the adoption of this Ordinance to provide
sufficient notice to Plan members. The open enrollment period shall remain open for sixty
(60) days, during which time a Member choosing to exercise this option shall submit the
required forms to the Plan Administrator demonstrating their intent to exercise such option.
Any member failing to submit the required forms prior to such expiration date forfeits the
option to purchase prior military service as creditable service in the Plan. Any future
military service shall continue to be regulated by 918-81 of the Plan.
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Section 4.
The Plan Administrator of the General Employees Pension Plan is
hereby directed to notify the participants of the General Employees Pension Plan of the re-
opening of the open enrollment period as provided herein.
Section 5.
All Ordinances or parts of Ordinances, Resolutions or parts of
Resolutions in conflict herewith be and the same are hereby repealed to the extent of such
conflict.
Section 6.
If any clause, section, or other part or application of this Ordinance
shall be held by any court of competent jurisdiction to be unconstitutional or invalid, such
unconstitutional or invalid part or application shall be considered as eliminated and so not
effecting the validity of the remaining portions or applications remaining in full force and
effect.
Section 7.
This Ordinance shall become effective immediately upon adoption.
FIRST READING this ~ day of 'trlaJr../' jL~:
,2006.
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. SECOND, FINAL READING and PASSAGE this
{~~..-L:t ,2006.
~ day of
CITY OF BOYNTON BEACH,
FLORIDA
mmlsfilOner /J
I? Jl4-- ~L
h=n(_~
Commissioner
ATTEST:
I~j
(CORPORATE SEAL)
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