0371 (City Pension Plan)ORDINANCE NUMBER 371
AN ORDINANCE AMENDING ORDINANCE NUMBER 352
WHICH ESTABLISHED A PENSION AND RETIREMENT
SYSTEM FOR EMPLOYEES OF THE CITY OF
OKEECHOBEE, FLORIDA; BY ADDING SUBSECTIONS
TO SECTION 2 THEREOF TO PROVIDE FOR AN
ADDITIONAL ELECTION PERIOD FOR ELIGIBLE
EMPLOYEES; REQUIRING PARTICIPATION BY ALL
EMPLOYEES BECOMING ELIGIBLE ON JANUARY 1,
1975 AND THEREAFTER: AND MAKING PARTICI-
PATION IN THE PENSION AND RETIREMENT SY-
STEM A CONDITION OF EMPLOYMENT.
BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF
OKEECHOBEE, FLORIDA:
SECTION 1. That Ordinance Number 352 of the Code of
Ordinances, City of Okeechobee, Florida, which established a
Pension and Retirement System for employees of the City, is hereby
amended by adding three subsections to Section 2 thereof, to be
numbered 2(a), 2(b) and 2(c), which said subsections read as
follows:
2(a) - Any eligible employees who did not elect to become
included in the City of Okeechobee Pension Plan on January 1, 1972,
or any anniversary date thereafter, are granted one additional
opportunity to join the retirement system so long as they elect to
do so prior to June 30, 1974. Any eligible employee failing to
do so shall be forever barred from participation in such plan.
2(b) - All employees who shall become eligible to be
included in the retirement system on January 1, 1975, and all
subsequent anniversary dates, shall become participants in the
plan without election to do so, and will commence contribution
into the Pension and Retirement System. It is the intention
hereby that from and after the date of this Ordinance all
municipal employees, except those previously excluded by non -
election, shall be participants in the Pension and Retirement
System.
2(c) - Participation in the Pension and Retirement System
is hereby declared to be a condition of employment for all
municipal employees.
SECTION 2. All ordinances or parts of ordinances in
conflict herewith are, to the extent of such conflict, hereby
repealed.
SECTION 3. This ordinance shall take effect immediately
upon its passage by the City Council and its approval by the Mayor.
SECTION 4. This Ordinance was proposed, considered, and
adopted under the provisions of Section 166.041(3)(b) Florida
Statutes, and was enacted by no less than a two -third vote of
the City Council.
PASSED AND ADOPTED this 21st
day of June, 1974.
ATTEST: President of the City Council
s "- ''
City Clerk
APPROVED BY ME this
21st day of June, 1974.
Le,tp ,41,,
Mayor
City of Okeechobee, Florida