HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 06_08/04/2008J
Laur, Betty
From: McWilliams, Lori
ent: Monday, June 23, 2008 10:48 AM
o: Laur, Betty
Subject: FW: IAFF Contract -Fire Fighters Pension Plan
Attachments: IAFF Contract -Fire Fighters Pension Plan - pdf.pdf
Betty,
Tentatively place this on the next agenda.
From: Reid, Merlene
Sent: Thursday, June 19, 2008 4:38 PM
To: McVVilliams, Lori
Cc: Laur, Betty; Reid, Merlene
Subject: IAFF Contract -Fire Fighters Pension Plan
Just giving you aheads-up as in the event that the firefighters contract is approved by council, this is an item to be taken
before the pension board. Please note that the contract is still in a draft form at this stage.
Merlene
C~
U
ARTICLE 34 PENSIONS
Sec.~n 1.
Pension ordinance(s) applicable to bargaining unit employees shall not be changed during the term
of this Agreement unless otherwise agreed to by both of the parties.
In the event that a Pension Board meeting is scheduled during a Pension Board Member's nom-al
work schedule, that employee shall be released from duty with no loss of pay or benefits.
s~°nz•
The Village shall adopt an ordinance declaring the employee's contribution rate shall be five percent
(5%) of gross pay: The funding for difference between current contn'bution (6.1%) and five percent
(5%) shall be made up monies ftom the' State pursuant to Chapter 175, Florida Statutes.
•
-42-
Laur, Betty
From: Reid, Merlene
~ent: Monday, July 14, 2008 1:23 PM
o: Laur, Betty; McWilliams, Lori
Subject: FW: Tequesta Public Safety Pension Plan
FYI
From: Weinand, James
Sent: Friday, July 11, 2008 10:36 AM
To: bsjensen@hpjlaw.com
Cc: karena@hpjlaw.com; rgibiin3@yahoo.com; Couzzo, Michael; Reid, Merlene
Subject: Tequesta Public Safety Pension Plan
Bonnie,
At last night's Vittage Council meeting the Village Council ratified the firefighter's union contract; one
of the provisions of that contract was to reduce the firefighter's contribution rate by 1.1 %. Therefore,
please provide us with the Ordinance that amends or restates the Pension Plan so the firefighter
contribution will be 5%.
The speck language in the contract is; "The Village shall adopt an ordinance declaring the
mployee's contribution rate shall be five percent (5%) of gross pay. The funding for difference
between current contribution (6.1 %) and five percent (5%) shall be made up from monies received
from the State pursuant to Chapter 175, Florida Statutes."
In the Ordinance it should be stated that in the event that future supplemental funds are insufficient to
pay for this benefit reduction that the firefighter employees will be required to make up the funding
difference.
I hope everything has been going well for you,
Jim Weinand
Fire Chief
•
Laur, Betty
From: Steve.Palmquist@gabrielroeder.com
~ent: Tuesday, July 15, 2008 3:25 PM
o: McWilliams, Lori
Cc: bsjensen@hpjlaw.com; Weinand, James; Laur, Betty; Telfrin, Debra; Couzzo, Michael
Subject: RE: Tequesta Public Safety Officers Pension Fund -CBA
Will do
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]. Stephen Palmquist, ASA, MAAA, FCA, EA Gabriel, Roeder, Smith & Company One East Broward
Blvd., Suite 505 Fort Lauderdale, FL 33301
Telephone: 954-527-1616 Fax: 954-525-0083
Steve.palmguist(~Qabrielroeder.com
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-----Original Message-----
From: McWilliams, Lori [mailto:lmcwilliams@tequesta.org)
Sent: Tuesday, July 15, 2088 3:13 PM
To: Palmquist, Steve (FLP1)
Cc: Bonni 5. Jensen; Weinand, James; Laur, Betty; Debbie Telfrin (E-mail); Michael Couzzo (E-
mail)
Subject: FW: Tequesta Public Safety Officers Pension Fund - CBA
Steve,
Please see Bonni's email below. I'm attaching a copy of the IAFF contract that was approved
on 7/18/08. Please refer to Article 34 (page
~) outlines the contribution rate and Article 41 (page 54) notes the contract is effective
on execution by both parties; which was 7/10/88.
t Bonni mentioned you prepared the cost analysis but would need to complete an impact statement
before the Ordinance is presented to Council. The next Council meeting is August 14. The
agenda deadline for backup is August 4.
hanks.
Lori McWilliams, CMC
Village Clerk
-----Original Message-----
From: Weinand, James
Sent: Tuesday, July 15, 2008 3:10 PM
To: McWilliams, Lori
Subject: FW: Tequesta Public Safety Officers Pension Fund - CBA
FYI
-----Original Message-----
From: Bonni S. Jensen [mailto:bsjensen~hpjlaw.com]
Sent: Tuesday, July 15, 2008 3:00 PM
To: Weinand, James
Cc: Karen Amenita
Subject: Re: Tequesta Public Safety Officers Pension Fund - CBA
Chief,
I believe that he has prepared a cost analysis. An impact statement will need to be prepared
before the Ordinance is presented to the counsel.
Bonni S. Jensen <bsiensen~ahpjlaw.com>
Hanson, Perry & Jensen, P.A.
400 Executive Center Drive, Suite 207
West Palm Beach, Florida 33401
Telephone: (561)686-6550
Facsimile: (561)686-2802
CONFIDENTIALITY NOTICE: This communication is confidential, may be
privileged and is meant only for the intended recipient. If you are not
the intended recipient, please notify the sender ASAP and delete this
message from your system.
IRS CIRCULAR 230 NOTICE: To the extent that this message or any
attachment concerns tax matters, it is not intended to be used and
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be used by a taxpayer for the purpose of avoiding penalties that may be
imposed
by law.
inand, James wrote:
Bonni,
2
> The effective date of the Contract was July 10, 2008, But I told the
> union we would need to pass this Ordinance first before that reduction
> could go into effect.
Do you know if Steve has done and actuarial impact study on this?
oes
> it need to be done prior to the Ordinance?
> Chief Weinand.
> -----Original Message-----
> From: Bonni S. Jensen [mailto:bsjensen~hpjlaw.com]
> Sent: Tuesday, July 15, 2008 2:34 PM
> To: McWilliams, Lori
> Cc: Karen Amenita; Giblin, Raymond; Weinand, James
> Subject: Tequesta Public Safety Officers Pension Fund - CBA
> Lori,
> Chief Weinand sent me a copy of the Pension article from the
> Firefighters collective bargaining agreement. I will bring a draft
> amendment to the meeting to reduce the Firefighters contributions to
the
> Fund.
> Do you have the signature page for the document? What is the
effective
date of the reduction in the contribution?
> Thanks!
•
3
August 21, 2007
July 29, 2008
ORDINANCE NO.
AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING EXHIBIT
EXHIBIT "B" OF SECTION 2-30 OF THE CODE OF ORDINANCES,
VILLAGE OF TEQUESTA, FLORIDA, RELATING TO THE EMPLOYEES'
PENSION TRUST FUNDS; AMENDING EXHIBIT "B" PROVIDING FOR
DECREASE IN THE EMPLOYEE CONTRIBUTION OF FIREFIGHTERS;
PROVIDING FOR REPEAL OF ORDINANCES IN CONFLICT; PROVIDING
FOR CODIFICATION; PROVIDING FOR AN EFFECTIVE DATE.
BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA,
PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1. Section 6 of Exhibit "B" to Section 2-30, Code of Ordinances, Village of
Tequesta, Palm Beach County, Florida, is hereby amended as follows:
Section 6. Contributions.
1. Member Contributions
A. Amount. Effective the first full payroll period after the effective date
of this Ordinance, ^~'~~~ ^~`~~~- Members of the Retirement System
shall be required to make regular contributions to the Fund in the
amount of five percent (5%) of his/her salary.~~+'~•~ +'~~ ~' ; r ~~
-Member contributions withheld by the Village
Page 1 of 4
August 21, 2007
July 29, 2008
on behalf of the Member shall be deposited with the Board of
Trustees immediately afterthe withholding of such contributions. The
contributions made by each Memberto the Fund shall be designed as
employer contributions pursuant to Section 414(h) of the Code. Such
designation is contingent upon the contributions being excluded from
the Members' gross income for Federal Income Tax purposes. For all
other purposes of the Plan, such contributions shall be considered to
be Member contributions.
B. Method. Such contributions shall be made by payroll deduction.
2. State Contributions
Any monies received or receivable by reason of laws of the State of Florida,
for the express purpose of funding and paying for retirement benefits for Police Officers or
Firefighters shall be deposited with the applicable segregated account in the Trust Fund
comprising part of this System immediately and under no circumstances more than five (5)
days after receipt by the Village.
3. Village Contributions
So long as this System is in effect, the Village shall make contributions at
least quarterly to the Trust Fund in an amount equal to the normal cost and the amount
required to fund any actuarial deficiency shown by an actuarial valuation as provided in
Part VII of Chapter 112, Florida Sta#utes.
Page 2 of 4
J
August 21, 2007
July 29, 2008
4. Other
Private donations, gifts and contributions may be deposited to the Fund, but
such deposits must be kept separately and kept on a segregated bookkeeping basis.
Funds arising from these sources may be used only for additional benefits for Members,
as determined by the Board of Trustees, and may not be used to reduce what would have
otherwise been required by Village contributions.
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 the Ordinance are hereby declared severable.
Section 3. Repeal of Ordinances in Conflict. All other Ordinances of the Village of
Tequesta, 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 Village of Tequesta.
Section 5. Effective Date. This Ordinance shall take effect upon passage.
Page 3 of 4
August 21, 2007
July 29, 2008
THE FOREGOING ORDINANCE was offered by Council member
who moved its adoption. The Ordinance was seconded by Council
member
FOR ADOPTION
and upon being put to a vote, the vote was as follows:
AGAINST ADOPTION
The Mayor thereupon declared the Ordinance duly passed and adopted this
day of
20
MAYOR OF TEQUESTA
ATTEST:
Lori McWilliams, Village Clerk
H:\Tequesta PS 1011\Plan Docs 8 Rules\Amend\Amend 2007 decr FF contrib.wpd
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