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O01-46OR_VINANCE NO. Ol-qb AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING CHAPTER 18, ARTICLE IV, PENSIONS FOR FIREFIGHTERS, CREATING A NEW SECTION 18-190 PROVIDING FOR PURCHASE OF NOT MORE THAN FIVE (5) YEARS OF CREDITED SERVICE FOR TIME SPENT IN THE UNITED STATES ARMED FORCES OR AS A FULL TIME FIREFIGHTER; PROVIDING CONFLICTS, SEVERABILITY, CODIFICATION, AND AN EFFECTIVE DATE. WHEREAS, THE City OF Boynton Beach, Florida presently has a retirement Dian and trust fund for firefighters;and WHEREAS, the City of Boynton Beach, Florida, wishes to recognize the service of its firefighters who have been members of the United States Armed ;orces or who have served as firefighters in other jurisdictions and who have served the of Boynton Beach for the necessary, time to earn a normal retirement; and WHEREAS, past service and military buyback is authorized under Section 175.032(4), Florida Statutes; and WHEREAS, the Board of Trustees of the Firefighters Pension Trust Fund has passage of this Ordinance; and WHEREAS, the City Commission finds that the passage of this ordinance is in interest of the firefighters and the citizens of the City of Boynton Beach; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. That Chapter 18, Article IV, Pensions for Firefighters is hereby creating a new section 18-190, as follows: 18.190~__ Purc~~ e Serwice Credit '~ the pl~r hall be i~ermi,tted to ~ to an ~ of credkeA service ~t r e. mnlo ,ed b-- a ~un~~ oth~F rnilit~ ' serv/ce in the Armed F_orces of_the United States, Tern, orarv. aux~h~ rivate a enc.:-_serv~ce shall not ~ice cre~isi°ns of. this _section shall not cgutgt~or vesti...n.g_p__t~oses. Prior service sha}~ar!..t.e_d until the ...m. ember has paid to ~ service urchased as~ dete~xrfined by th_e ~gtu...a. / for the Plan. _ Mgmb~er~_12urchasing }ervice c~ Trustees with !0yoof of rpff22Lse~7~Sce ~v~h hQ~xorable s_ep~ation._ No service credit ma~ ~f the member__ is rece~ will receix~ other retire~___ me..nj benefit based on this ~service. The Board shall establish a 'un_iform rule _for th~~acntafion_ of this pxo~ds~9n, The contribution by th~ member of the acm.a~_'ally determined cost of the bu~ be made in one ~m. or ma_y__~be made _by.paw911 deducfio...n_s in installments for a__~eriod of time ~,hich shall not excee_.d the _number~be[ng2p__urchased, A member _ele~t_kn_g to make installment pa~2~nents shall be ~h_~nterest based on the actu~ed rate of return for the_ Plan. A member maki!!g_installment...pa__~_~ents shall co.~,rn.ents rior to ¥ a-- ent o_~g3_zbenefit under thi~...seqtion. A member who terminates S...e. rvi...c, e prior to vesting in the Plan shall be entitled to a refund, ~ithout interest~ o.f~ all mone~ to buxba~k__p_rior n~or fire service. Section 2. Each and every other Section of Chapter 18, not herein specifically amended, shall remain in full force and effect as previously enacted. Section 3. All ordinances or parts of ordinances in conflict herewith be and same are hereby repealed. Section 4. Should any section or provision of this ordinance or portion hereof, sentence or word be declared by a cOurt of competent jurisdiction to be such decision shall not affect the remainder of this ordinance. Section 5. Authority is hereby granted to codify said ordinance. Section 6. This ordinance shall become effective immediately upon passage. FIRST READING this I"/ day of July,2001. SECOND, FINAL READING AND PASSAGE this "/ . day of August, 2001. .~issioner Commissioner Clerk