Ordinance No. 58-93-19A v ORDINANCE NO. 58--93-19A
AN ORDINANCE OF THE CITY OF ATLANTIC BEACH, FLORIDA,
AMENDING CHAPTER TWO, ADMINISTRATION, ARTICLE VI,
EMPLOYEE BENEFITS, DIVISION 3, RETIREMENT SYSTEM, BY
ALLOWING VOLUNTARY RETIREMENT FOR POLICE OFFICERS AND
FIREFIGHTERS AT AGE 50 YEARS WITH 20 OR MORE YEARS
CREDITED SERVICE OR AT ANY AGE WITH 25 OR MORE YEARS OF
CREDITED SERVICE (SEC. 2-276 (b) ) , BY ELIMINATING THE
SERVICE REQUIREMENT FOR POLICE OFFICERS AND FIREFIGHTERS
FOR DISABILITY IN THE LINE OF DUTY (SEC. 2-279 (a) ) , BY
INCREASING THE BENEFIT FACTOR FOR ALL EMPLOYEES (SEC. 2-
281) , BY INCREASING MEMBER CONTRIBUTIONS (SEC. 2-298
(a) (b) ) , AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED by the City Commission of the City of Atlantic
Beach, Florida:
SECTION 1. The Code of Ordinances of the City of Atlantic
Beach, Florida, is hereby amended by changing certain provisions
contained in Sections 2-276 (b) , 2-279 (a) , 2-281 and 2-298 (a) (b) ,
which sections shall read as follows:
"Sec. 2-276. Voluntary retirement conditions; employment after
retirement.
(b) The age and service requirements for voluntary retirement
are as follows:
(1) Benefit group fire. The member has attained age
fifty (50) years or older and has twenty (20) or
more years of credited service in force; the member
at any age has twenty-five (25) or more years of
credited service in force; or, the member has
attained age sixty (60) years or older and has five
(5) or more years of credited service in force;
(2) Benefit group police . The member has attained age
fifty (50) years or older and has twenty (20) or
more years of credited service in force; the member
at any age has twenty-five (25) or more years of
credited service in force; or, the member has
attained age sixty (60) years or older and has five
(5) or more years of credited service in force;
(3) Benefit group general . The member has attained age
sixty (60) years or older and has five (5) or more
years of credited service in force. "
"Sec. 2-279 . Disability retirement-General conditions for
eligibility.
(a) A member having five (5) or more continuous years of
credited service and having contributed to the retirement system
for five (5) years or more may retire from the service of the city
under the plan if, prior to his normal retirement date, he becomes
totally and permanently disabled as defined in subsection (b) by
reason of any cause other than a cause set out in subsection (c) on
or after the effective date of the plan. Such retirement shall
herein be referred to as "disability retirement. " The provisions
for disability other than line of duty disability shall not apply
to a member who has reached early or normal retirement age. The
five (5) years of credited service shall not apply to police
officers and firefighters disabled (as defined herein) in the line
of duty. "
"Sec. 2-281. Amount of level straight life pension.
(a) Benefit group fire. Subject to Section 2-285, the amount
of level straight life pension of the retirement system member
shall be equal to the retiring member' s benefit group fire credited
service multiplied by three percent (3%) of the retiring member' s
final average compensation.
(b) Benefit group police. Subject to Section 2-285, the
amount of level straight life pension of the retirement system
member shall be equal to the retiring member ' s benefit group police
credited service multiplied by three percent (3%) of the retiring
member' s final average compensation.
(c) Benefit group general . Subject to Section 2-285, the
amount of level straight life pension of the retirement system
member shall be equal to the retiring member ' s benefit group
general credited service multiplied by the sum of two and eighty-
five hundredths percent (2 . 85%) of the retiring member ' s final
average compensation. "
"Sec. 2-298. Member contributions.
(a) Member contributions by benefit group fire shall be no
less than 5. 375% of salary and by benefit group police shall be no
less than 4 . 725% of salary which shall be deducted from the
member' s pay and paid over into the retirement system at the same
time as city contributions are made.
(b) Member contributions for benefit group general shall be
no less than two percent (2%) of salary after same shall have been
approved by a majority vote of all members constituting benefit
group general and said contribution shall be deducted from the
member' s pay and paid over into the retirement system at the same
time as the city contribution is made to the retirement system. "
111116- SECTION 2 . This Ordinance shall take effect immediately upon
its final passage and adoption.
PASSED by the City Commission on first reading this 11th day
of October, 1993 .
PASSED by the City Commission on second and final reading this
25th day of October, 1993 .
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ATTEST:
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IRA1-4-E44,J A Al \\.... _,
N KING --)5 WILL AM I . GULLIFORr J"
City Clerk Mayor, Presiding Of .
Approved as to form and correctness:
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LAN C. I
SEN, ESQUIRE
City At ey