SECOND READING of Temp. Ord. #O1859 amending Chapter 15, Article V, of the City Code of the City of Miramar governing the City’s Consolidated Retirement and Trust Fund; amending Section 15-322 to permit retirees to substitute a new joint annuitant on an actuarially equivalent basis and permitting the purchase of an optional actuarially equivalent COLA; amending Section 15-327(s) to create a DROP Loan Program; amending Section 15-328(d) to permit 50% of part time service to be used for vesting and retirement eligibility purposes; creating Section 15-329 to create a Post Retirement Option Plan; amending Section 15-345 to permit grandfathered management plan retirees to substitute a new joint annuitant on an actuarially equivalent basis; providing for severability; providing for codification; and providing for an effective date. (Passed First Reading on 11/17/25) (Human Resources Assistant Director Heather Dailey)

Committee

CITY COMMISSION REGULAR MEETING

Requested by

Human Resources

Introduced

October 13, 2025

On agenda

November 17, 2025

Enacted

November 17, 2025

Where it was heard

CITY COMMISSION REGULAR MEETING Jan 21, 2026 CITY COMMISSION REGULAR MEETING Nov 17, 2025

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