Item Coversheet
TOWN OF PALM BEACH
Town Council Meeting on: May 14, 2024

Section of Agenda
Ordinances - Second Reading

Agenda Title

Proposed Ordinance to Amend Chapter 82 of the Town Code Relative to Personnel and Employee Benefits

 

ORDINANCE NO. 014-2024 An Ordinance Of The Town Council Of The Town Of Palm Beach, Palm Beach County, Florida, Amending Chapter 82 Of The Town Code Of Ordinances Relating To Personnel, At Article II, Employee Benefits, Division 2, Retirement System; Amending Subdivision I, In General, By Amending Section 82-52, Definitions; Amending Subdivision III, Firefighters; Amending Section 82-94, Retirement Age And Service Conditions For Firefighters; Amending Section 82-95, Amount Of Pension – Firefighters; Amending Section 82-99, Deferred Retirement Option Program For Firefighters; Amending Subdivision IV, Police Officers; Amending Section 82-114, Retirement Age And Service Conditions For Police Officers; Amending Section 82-115, Amount Of Pension – Police Officers; Amending Section 82-119, Deferred Retirement Option Program For Police Officers; Amending Subdivision V, General Employees And Lifeguards; Amending Section 82-135, Amount Of Pension For Benefit Group General And Benefit Group Lifeguard; Amending Section 82-139, Deferred Retirement Option Program For Members Of Benefit Group General And Benefit Group Lifeguard; Providing For Severability; Providing For Repeal Of Ordinances In Conflict; Providing For Codification; Providing An Effective Date.



Presenter
Jim Linn, Town Attorney - Pension

ATTACHMENTS:
Description
Memorandum Dated May 10, 2024, from Gillian Barth, Director of People and Culture
Ordinance No. 014-2024
Actuarial Impact Statement and Supplemental Actuarial Valuation Report