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HomeMy WebLinkAboutO-2015-023 Amending Chapter 18 GE Pension - Group Insurance and DROP - WITHDRAWN ORDINANCE NO. 2015-023 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AMENDING CHAPTER 18, "PENSIONS AND RETIREMENT", ARTICLE III,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. WITHDRAWN 9/8/15