Employees’ Retirement System and Elected Officials’ Retirement System - Clarifications and Modifications For the purpose of changing the composition of the Board of Trustees of the Employees’ and Elected Officials’ Retirement Systems; clarifying certain provisions of the Employees’ Retirement System relating to optional forms of payment; modifying certain provisions of the Elected Officials’ Retirement System relating to eligibility for service retirement benefits and deferred vested benefits, the amount of the service retirement benefit, and post-retirement benefit increases; correcting, clarifying, and conforming related provisions; setting a special effective date; and generally relating to the Employees’ Retirement System and the Elected Officials’ Retirement System.

Committee

City Council

Requested by

Employees' and Elected Officials' Retirement Systems

Introduced

September 12, 2016

Passed

November 18, 2016

Enactment no.

16-576