File #: 24-5995    Version: 1 Name:
Type: Ordinance Status: Agenda Ready
File created: 5/23/2024 In control: City Commission
On agenda: 8/8/2024 Final action:
Title: An Ordinance of the City of Key West, Florida, amending Chapter 46, Section 113 of the Code of Ordinances to extend the DROP participation period from five years to eight years for members of the General Employees' Retirement Plan; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date.
Sponsors: Billy Wardlow, Lissette Carey, Clayton Lopez, Mary Lou Hoover
Attachments: 1. Ordinance, 2. Cover Memo - City Attorney, 3. Cover Memo - Finance Director, 4. Teamsters Letter, 5. BIE, 6. Actuary, 7. Letter from Pension Board Chair

Title

An Ordinance of the City of Key West, Florida, amending Chapter 46, Section 113 of the Code of Ordinances to extend the DROP participation period from five years to eight years for members of the General Employees' Retirement Plan; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date.