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Ordinance 14-2018 Personnel ORDINANCE NO. 14-2018 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 I, IN GENERAL, BY AMENDING SECTION 82-57, BOARD OF TRUSTEES; ADMINISTRATIVE DUTIES; INVESTMENT OF RETIREMENT SYSTEM ASSETS; 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 I, In General; by amending Section 82-57 to read as follows: Sec. 82-57. - Board of trustees; administrative duties; investment of retirement system assets. (a) Effective upon the adoption of the ordinance from which this section derives, a new board of trustees shall be established in accordance with subsection (b) below. Effective April 1, 2012, the firefighter board of trustees, police officer board of trustees and general employee/lifeguard board of trustees shall be abolished, and the board of trustees established in accordance with subsection (b) below shall be responsible for administering the retirement system and investing all assets of the system in accordance with subsections (c)through (k) below, for all employee benefit groups. (b) The board of trustees (the "board") shall consist of nine members selected as follows: (1) One employee who is a member of benefit group general or benefit group lifeguard elected by the members of those benefit groups. (2) One employee who is a member of benefit group firefighter elected by the members of that benefit group. (3) One employee who is a member of benefit group police officer elected by the members of that benefit group. (4) Five residents of the town who are not officers or employees of the town, • retirants or beneficiaries of the retirement system, appointed by the town council. (5) The Town's finance director town manager or, in the town manager's absence, the acting town manager, who shall serve as a voting ex-officio member. * * * Ord.No.14-2018 1 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. PASSED AND ADOPTED in a regular, adjourned session of the Town Council of the Town of Palm Beach on first reading this 11th day of July, 2018, and for second and final reading on this 15th day of August, 2018. ii .' , ' 1 / Ga f . Coniglio, ayor Dani lle H. Moore, Town Council President Mar et A. Zei an, Co cil President Pro Tern Julia r as ArillirCo hcil - ber • 4/Lie4 ATTEST: Lewis S.W. Crampton,'fawn Council Member r 41) z Kathleen Dominguez,Town Cle 4Bobbie Lindsay, To Council M tuber 1r . Ord No 14-2018 (— 2