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HomeMy WebLinkAboutResolution_11-95/96_12/14/1995 RESOLUTION NO. 11 - 9596 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, RELATING TO REVOKING MEMBERSHIP IN THE FLORIDA RETIREMENT SYSTEM; PROVIDING AN EFFECTIVE DATE. WHEREAS, pursuant to Chapter 95 -338, Laws of Florida, the Village of Tequesta declares as its policy and purpose, a revocation of election to participate in the Florida Retirement System for all employees or officers hired on or after January 1, 1996; and WHEREAS, all employees and officers of the Village of Tequesta who were participants in the Florida Retirement System before January 1, 1996, remain as participants in the System for as long as they are employees or officers of the Village of Tequesta, and all rights, duties and obligations of the Village of Tequesta, the System, and the employees and officers remain in effect; and WHEREAS, an employee or officer who is hired or takes office • on or after January 1, 1996, may not participate in the Florida Retirement System, and the Village of Tequesta has no obligation to the System with respect to such employees and officers; and WHEREAS, it is the intent of the Village of Tequesta to establish an alternative retirement plan for all employees or officers hired on or after January 1, 1996, effective by separate Ordinance or Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION 1. It is hereby declared to be the policy and purpose of the Village of Tequesta to revoke election to participate in the Florida Retirement System for all employees or officers hired on or after January 1, 1996. SECTION 2. This Resolution shall remain in full force and effect until supplemented, amended, repealed or otherwise altered. S ECTION 3. This Resolution shall be published as required by the Code of Village of Tequesta. SECTION 4. This Resolution is adopted in accordance with • Chapter 95 -338, Laws of Florida, and hereby repeals all other actions in conflict herewith. • SECTION 5. This Resolution shall take effect immediately upon adoption. THE FOREGOING RESOLUTION was offered by Councilmember Carl Hansen , who moved its adoption. The motion was seconded by Councilmember William E. Burckart , and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION r William E. Burckart Joseph N. Capretta Carl Hansen 1 Ron T. Mackail Elizabeth A. Schauer The Mayor thereupon declared the Resolution duly passed and i adopted this 14th day of December, A.D., 1995. MAYOR OF TEQUESTA I Ron T. Mackail ATTE S T: J ann Mangani to Village Clerk • I 2