SECOND READING of Temp. Ord. #O1713 amending the City Code Chapter 15, Pensions, Article IV, “Police Officers' Retirement Plan and Trust Fund,” amending Section 15-166 of the City Code to revise the definition of “Tier Two;” amending Section 15-173 of the Miramar City Code regarding military service buyback; amending Section 15-174 of the Miramar City Code to permit the purchase of permissive service credit; amending Section 15-211 of the Miramar City Code to provide for normal retirement with twenty years of service; amending Section 15-212 of the Miramar City Code to increase the benefit formula to provide for a seventy-five percent multiplier after twenty years of service; amending Section 15-223 of the Miramar City Code to create a DROP Loan Program; providing for inclusion in the Code; providing for severability; providing for a repealer; and providing for an effective date. (Passed 1st Reading on 02/06/19) (Human Resources Director Randy Cross)

Committee

CITY COMMISSION REGULAR MEETING

Requested by

Human Resources

Introduced

October 18, 2018

On agenda

February 20, 2019

Passed

December 31, 2023