HomeMy WebLinkAboutDocumentation_Regular_Tab 7A_3/9/1989 1 '
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RESOLUTION NO. 5-88/89
} A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE
OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, REQUESTING
THAT THE 1989 SESSION OF THE FLORIDA LEGISLATURE
ENACT LEGISLATION WHICH WOULD ALLOW MUNICIPALITIES
TO WITHDRAW FROM THE FLORIDA RETIREMENT SYSTEM.
WHEREAS, the Florida Legislature in 1970 adopted
legislation which allowed municipalities of the State to join
the Florida Retirement System; and
WHEREAS, at the time when many municipalities entered the
Florida Retirement System, the cities' contributions were 4% of
the employee's salary and the employee was required to
contribute 4%; and
WHEREAS, the Florida Legislature made said Florida
Retirement System non-contributory for city employees without
the consent of member cities; and
WHEREAS, effective January 1, 1989 all cities are required
to contribute 14. $ of gross salary for regular employees and
17,-26% for special ilsk employees; and
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WHEREAS, the city governing bodies have no control over
additional increases and benefits and additional contributions;
and
WHEREAS, said increases and benefits and contributions may
result in additional tax burden on the citizens of the
municipality including the Village of Tequesta; and
WHEREAS, cities individually may provide benefits that are
actuarially equivalent to the Florida Retirement System at less
cost; and
WHEREAS, many city employees are forced to forfeit the
entire city's contributions to the Florida Retirement System
without vesting in such system; and
WHEREAS, much of the city contributions are now being
allocated to pay for actuarial deficits and unfunded liability
created prior to the city's enrollment into the State program;
and
WHEREAS, the State' s own independent actuarial valuations
indicate that allowing cities to withdraw from the system for
all future employees would result in an insignificant effect on
the remaining members of the Florida Retirement System.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA:
Section 1. The legislature of the State of Florida should
immediately pass legislation which would allow municipalities
in the State to have one (1 ) year to withdraw from the Florida
Retirement System for all future employees.
Section 2. Specifically, the Palm Beach County Legislative
Delegation is requested to support any such legislation which
would allow municipalities in the State to have one (1) year to
withdraw from the Florida Retirement System for all future
employees.
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Section 3. Senatorial Members of the Palm Beach County
ILegislative Delegation are requested to give due consideration
to being the Senate's sponsor for the bill filed by House
Representative Harry C. Goode, Jr. of Melbourne which will
permit municipalities to opt out of the Florida Retirement
System.
Section 4. The Village Clerk is hereby directed to provide
copies of this Resolution to the Palm Beach County Legislative
Delegation, Secretary of the Florida Senate, Clerk of the
Florida House of Representatives, Palm Beach County Board of
County Commissioners, all Palm Beach County municipalities, and
the Executive Director of the Florida League of Cities for
purposes of information dissemination and consideration of the
matters contained herein.
THE FOREGOING RESOLUTION was offered by
Councilmember who moved its
adoption. The Resolution was seconded by
Councilmember , and upon being put to a
vote, the vote was as follows:
FOR ADOPTION AGAINST ADOPTION
The Mayor thereupon declared the Resolution duly passed and
adopted this day of March , A.D. , 1989.
MAYOR OF TEQUESTA
Ron T. Mackail
ATTEST:
Bill C. Kascavelis
Finance Director/Clerk