Ordinance 14-2013 Retirement ORDINANCE NO. 14-2013
AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF PALM
BEACH, PALM BEACH COUNTY, FLORIDA, AMENDING CHAPTER
82 OF THE TOWN CODE OF ORDINANCES RELATING TO
PERSONNEL, AT ARTICLE II, EMPLOYEE BENEFITS, DIVISION 2,
RETIREMENT SYSTEM, AMENDING SUBDIVISION II, RESERVE
ACCOUNTS, BY AMENDING SECTION 82-80, RESERVE FOR
MEMBER CONTRIBUTIONS; PROVIDING FOR SEVERABILITY;
PROVIDING FOR REPEAL OF ORDINANCES IN CONFLICT;
PROVIDING FOR CODIFICATION; PROVIDING AN EFFECTIVE
DATE.
BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PALM BEACH,
PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1. The Code of Ordinances of the Town of Palm Beach is hereby amended at
Chapter 82, Personnel; Article II, Employee Benefits; Division 2, Retirement System;
Subdivision II, Reserve Accounts; Section 82-80, Reserve for Member Contributions, subsection
(c), to read as follows:
Sec. 82-80.–Reserve for member contributions.
* * *
(c) For members who did not attain normal retirement eligibility based on credited service as of
May 1, 2012, excluding credited service purchased pursuant to section 82-54, member
contributions to the retirement system shall be at the applicable following rates:
Contribution Rate
Contribution Rate (percent) Contribution Rate
(percent)
Benefit Group May 1, 2012 (percent)
Before May 1, through On and After
2012 September 30, October 1, 2013
2013
Benefit group general—Hired 6.47 4.47 2.47
before May 1, 1992
Benefit group general—Hired
6.47 2.47 2.47
on or after May 1, 1992
Benefit group firefighter 6.82 4.82 4.82
(bargaining unit)
Benefit group firefighter 6.82 4.82 2.47
(non-bargaining unit)
Benefit group police officer 6.98 4.98 2.47
Benefit group lifeguard—
Hired before May 1, 1992 7'21 5.21 2.47
Benefit group lifeguard
Hired on or after May 1, 7.21 3.21 2.47
1992
SECTION 2. Severability.
If any provision of this Ordinance or the application thereof is held invalid, such
invalidity shall not affect the other provisions or applications of this Ordinance which can be
given effect without the invalid provisions or applications, and to this end the provisions of this
Ordinance are hereby declared severable.
SECTION 3. Repeal of Ordinances in Conflict.
All other ordinances of the Town of Palm Beach, Florida, or parts thereof which conflict
with this or any part of this Ordinance are hereby repealed.
SECTION 4. Codification.
This Ordinance shall be codified and made a part of the official Code of Ordinances of
the Town of Palm Beach.
SECTION 5. Effective Date.
This Ordinance shall take effect immediately upon its passage and approval, as provided
by law.
Ordinance No. 14-2013 Page 2 of 3
PASSED AND ADOPTED in a regular, adjourned session of the Town Council of the
Town of Palm Beach on first reading this 13th day of August , 2013, and for second and final
reading on this 10th day of September, 2013.
Ai . Coniglio, ayor David A. Rosow, Town Council President
_ I / i r
"•
if
;-..,, . Wilsrick, Pres' Pro Tern
W,i iam J. Diamond, To, Council Member
g..4 911 p:1/4x,,
ATTEST: Richare M. Kleid, Town Council Member
1
,- ) I ♦� A �
c4�sari A,. 0 .ens, �� "C, Town Clerk Michael Pucillo, To', n Council Member
k'
k / \ 11 ? k
f * ��I \ I 1/ .-i-,
s
Ordinance No. 14-2013 Page 3 of 3