HomeMy WebLinkAboutO-2013-002 GE Pension Amendment Group Insurance and DROP - DENIED ORDINANCE NO. 2013-002
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, AMENDING CHAPTER 18, "PENSIONS AND
RETIREMENT", ARTICLE III, "EMPLOYEES' RETIREMENT PLAN AND
TRUST" BY SPECIFICALLY AMENDING SECTION 18-1,
"PARTICIPATION IN GROUP INSURANCE - RETIREES", TO MODIFY
THE CONDITIONS FOR A RETIREE'S PARTICIPATION IN THE CITY
GROUP INSURANCE PLAN; AMENDING SECTION 18-29.7, "OPTIONAL
FORMS OF BENEFIT PAYMENTS", TO PHASE OUT THE DEFERRED
RETIREMENT OPTION PLAN (DROP); PROVIDING FOR SEVERABILITY;
PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN
EFFECTIVE DATE.
DENIED ON SECOND READING
JUNE 259 2013