File #: 18-1942    Version: 1 Name: Key West Police/Fire Pension Tax Ordinance with AIS
Type: Ordinance Status: Passed
File created: 3/5/2018 In control: City Commission
On agenda: 4/3/2018 Final action: 4/3/2018
Title: An Ordinance of the City of Key West, Florida, amending Chapter 46 of the Code of Ordinances, entitled “Pensions and Retirement Plans” by amending Section 46-323(a) of the Code of Ordinances to provide updated provisions of the Internal Revenue Code with regard to Military Service Credit Issues Definition of Eligible Retirement Plan under the Internal Revenue Code; Amending Section 46-326(f)(1)(b) of the Code of Ordinances to provide an updated Definition of Eligible Retirement Plan under the Internal Revenue Code; Amending Section 46-326(f)(1)(c) of the Code of Ordinances to provide an updated definition of Distributee under the Internal Revenue Code; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date.
Sponsors: Jim Scholl
Attachments: 1. Ordinance, 2. Letter of No Impact

Title

An Ordinance of the City of Key West, Florida, amending Chapter 46 of the Code of Ordinances, entitled “Pensions and Retirement Plans” by amending Section 46-323(a) of the Code of Ordinances to provide updated provisions of the Internal Revenue Code with regard to Military Service Credit Issues Definition of Eligible Retirement Plan under the Internal Revenue Code; Amending Section 46-326(f)(1)(b) of the Code of Ordinances to provide an updated Definition of Eligible Retirement Plan under the Internal Revenue Code; Amending Section 46-326(f)(1)(c) of the Code of Ordinances to provide an updated definition of Distributee under the Internal Revenue Code; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date.