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HomeMy WebLinkAboutDocumentation_Regular_Tab 10_6/10/2021Agenda Item #10. Regular Council STAFF MEMO Meeting: Regular Council - Jun 10 2021 Staff Contact: Keith Davis, Village Attorney Department: Legal ORDINANCE 10-21, SECOND READING, AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING THE VILLAGE CODE OF ORDINANCES AT CHAPTER 2. ADMINISTRATION. BY AMENDING SECTION 2-61. PENSION TRUST FUNDS, EXHIBIT B, PUBLIC SAFETY OFFICERS' PENSION TRUST FUND, ADOPTING REVISIONS TO INCORPORATE PROVISIONS OF THE SETTLEMENT AGREEMENT BETWEEN THE VILLAGE AND PALM BEACH COUNTY POLICE BENEVOLENT ASSOCIATION CONCERNING THE POLICE OFFICERS' SHARE PLAN; AMENDING SECTION 28, "DEFINED CONTRIBUTION COMPONENT"; PROVIDING THAT EACH AND EVERY OTHER SECTION AND SUBSECTION OF CHAPTER 2. SHALL REMAIN IN FULL FORCE AND EFFECT AS PREVIOUSLY ENACTED; PROVIDING A CONFLICTS CLAUSE, A SEVERABILITY CLAUSE AND AUTHORITY TO CODIFY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. This ordinance puts into place amendments to the public safety pension plan for police that were negotiated as part of the settlement of a pending grievance matter. The Village Council will have had to approve the associated settlement agreement prior to taking action to approve this ordinance. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561-768-0443. Following approval of the associated settlement agreement, recommend approval on first reading. Ordinance Implementing PBA Grievance Settlement FINAL First Reading May 2021 Page 119 of 485 Agenda Item #10. First Reading May 13, 2021 ORDINANCE NO. 10-21 AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, AMENDING THE VILLAGE CODE OF ORDINANCES AT CHAPTER 2. ADMINISTRATION. BY AMENDING SECTION 2-61. PENSION TRUST FUNDS, EXHIBIT B, PUBLIC SAFETY OFFICERS' PENSION TRUST FUND, ADOPTING REVISIONS TO INCORPORATE PROVISIONS OF THE SETTLEMENT AGREEMENT BETWEEN THE VILLAGE AND PALM BEACH COUNTY POLICE BENEVOLENT ASSOCIATION CONCERNING THE POLICE OFFICERS' SHARE PLAN; AMENDING SECTION 28, "DEFINED CONTRIBUTION COMPONENT"; PROVIDING THAT EACH AND EVERY OTHER SECTION AND SUBSECTION OF CHAPTER 2. SHALL REMAIN IN FULL FORCE AND EFFECT AS PREVIOUSLY ENACTED; PROVIDING A CONFLICTS CLAUSE, A SEVERABILITY CLAUSE AND AUTHORITY TO CODIFY; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta and Palm Beach County Police Benevolent Association ("PBA") recently entered into a settlement resolving the issues raised in a grievance filed by the PBA concerning the amounts allocated to police officers' accounts in the defined contribution component ("share plan") of the Public Safety Officers' Pension Trust Fund ("Pension Plan"); and WHEREAS, the PBA settlement has been agreed to by the Village and the PBA, and has been signed and agreed to by all the affected police officers; and WHEREAS, under the terms of the PBA settlement, the share plan account balances of certain current and former police officers are to be adjusted as reflected in the settlement agreement; and WHEREAS, to implement the terms of the PBA settlement agreement, it is necessary to amend the Public Safety Officers Pension Trust Fund, as set forth herein. 01482677-2 Page 120 of 485 Agenda Item #10. First Reading May 13, 2021 NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1: Chapter 2, Section 2-61 of the Code of Ordinances of the Village of Tequesta, entitled "Pension Trust Funds", as amended by Ordinance No. 2-19, is hereby amended to revise Exhibit B to Ordinance 2-19 by Section 28, "Defined Contribution Component", to read as follows: Section 28. Defined Contribution Component 1. Pursuant to the requirements of Florida Statutes 175.351(6) and 185.35(6), a defined contribution plan component is established in addition to the defined benefit component of this local law Plan. This defined contribution component is not currently funded for the firefighters and is not funded for Police Officers after the initial distribution provided for below. If the plan is funded, the Board of Trustees has the authority to adopt rules regarding the operation of the defined contribution component of the local law plan. 2. One-half of the accumulated unused 185 money as of September 30, 2014 ($166,657.50) is divided pro-rata among the police officer Members as of January 1, 2019 based on months of service into share accounts as set forth below from the Memorandum of Understanding between the Village of Tequesta and the Palm Beach County Police Benevolent Association dated January 11, 2019. These share account balances will be credited with earnings and losses based on the earnings of the Fund as a whole with the first allocation of earnings and losses as of March 31, 2019. The balances are payable to the named police officer Members upon the Member's eligibility for and receipt of a pension from this Plan. Name Eligibility Date Shared Amounts 1. Smolen, Keith 2/6/01 $27,479.40 2. Fabiano, Joseph 4/4/05 $21,245.65 3. Lally, Maximilian 10/29/07 $17,301.85 4. Korkowski, Raymond 11 /19/07 $17,174.63 01482677-2 2 Page 121 of 485 Agenda Item #10. First Reading May 13, 2021 5. Ramirez, Ariel 12/22/08 $15,520.77 6. Blanc, Kurt 5/22/11 $11,831.41 7. Johnson, Aaron 6/20/11 $11,322.53 8. Yildiz, Emir 12/31/12 $8,778.14 9. Muniz, Matthew 3/3/14 $7,633.17 10. Waychowsky, Daniel 6/4/14 $7,251.51 11. Franklin, Jonathan 7/30/14 $6,997.07 12. Jarrell, Thomas 11/1/16 $3,562.15 13. Scaduto, Christopher 11/1/16 $3,562.15 14. Loney, Michael 3/20/17 $2,926.05 15. Baldwin, Timothy 9/14/17 $2,289.95 16. Donadio, Tana 3/4/18 $1,526.63 17. Robinson, Calvin 12/17/18 $ 254.44 Total: $166,657.50 3. To settle a arievance filed on Mav 19. 2020 reaardina the amount of contributions Police Officer Members were required to make to purchase service when they joined the Pension Plan in March 2019, the Village and the Palm Beach County Police Benevolent Association agreed to adjust the Police Officer Members' Share Account balances as set forth below effective within 60 days following [effective date of Ordinancel. These share account balances will be credited/debited with earnings and losses based on the net earnings/losses of the Fund as a whole, with the first allocation of earnings and losses following [effective date of Ordinancel. The share account balances are payable to the named police officer Members upon the Member's eligibility for and receipt of a pension from this Plan. Any additions to these accounts as a result of the settlement will be considered Member Contributions. 01482677-2 3 Page 122 of 485 Agenda Item #10. First Reading May 13, 2021 A. The followina Members will have deductions from their Share Account balance in the amounts specified below: Name Share Adjustment (1) Baldwin, Timothy ($378.57) (2) Blanc, Kurt ($7,316.01) (3) Jarrell, Thomas ($1,023.67) (4) Loney, Michael ($705.74) (5) Muniz, Matthew ($609.28) (6) Scaduto, Christopher ($646.50) (7) Yildiz, Emir ($3,455.32) B. The following Members will have additions to their Share Account balance in the amounts specified below: Name Franklin. Jonathan Share Adiustment 615.92 (2) Johnson, Aaron $12,688.05 (3) Waychowsky, Daniel $6,270.13 C. The Village will make a one-time deposit of $7,439.01 as the Village's share of the grievance settlement. This amount will be used to balance the above deductions and additions. and will be considered Member Contributions for the Members who receive the additions. Section 2: Each and every section and subsection of Chapter 2, Section 2-61 of the Code of Ordinances of the Village of Tequesta, entitled "Pension Trust Funds", as amended by Ordinance No. 2-19, shall remain in full force and effect as previously enacted, except as amended by this Ordinance. 01482677-2 4 Page 123 of 485 Agenda Item #10. First Reading May 13, 2021 Section 3: All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. Section 4: Should any Section or provision of this Ordinance or any portion thereof, any paragraph, sentence, or word be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder of this Ordinance. 01482677-2 Section 5: Specific authority is hereby granted to codify this Ordinance. Section 6: This Ordinance shall take effect immediately upon adoption. 5 Page 124 of 485