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6286
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2001
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6286
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Last modified
12/6/2004 2:48:59 PM
Creation date
11/5/2014 12:22:46 PM
Metadata
Fields
Template:
City Ordinances
Passed
2/26/2001
Ordinance Number
6286
Bill Number
8509
Introdate
2/12/2001
Description
Amdg 2.64.070, 2.64.090,2.64.110,2.64.130, 2.64.140,2.64.150 amdg so as to increase the pension of participants who terminated after Jan 1, 2000, and so as to replace and disability ins policy
Introduced By
Schoomer
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BILL NO. 50q <br /> <br />O ANCENO. Ca'% <br /> <br />AN ORDINANCE AMENDING CHAPTER 2.64 OF THE UNIVERSITY CITY <br />MUNICIPAL CODE, RELATING TO THE NONUNIFORMED EMPLOYEES <br />RETIREMENT SYSTEM, BY REPEALING 2.64.070 THEREOF, RELATING TO <br />CREDITABLE SERVICE, SECTION 2.64.090 THEREOF, RELATING TO <br />NORMAL SERVICE RETIREMENT, SECTION 2.64.110 THEREOF, RELATING <br />TO DISABILITY RETIREMENT, 2.64.130 THEREOF, RELATING TO <br />OPTIONAL FORM OF PENSION, SECTION 2.64.140 THEREOF, RELATING <br />TO EMPLOYEES LEAVING EMPLOYMENT OTHER THAN BY DEATH OR <br />RETIREMENT, AND SECTION 2.64.150 THEREOF, RELATING TO <br />REDUCTION OF BENEFITS FOR MILITARY DISABILITY COMPENSATION, <br />AND ENACTING IN LIEU THEREOF NEW SECTIONS TO BE KNOWN AS <br />"SECTION 2.64.070 CREDITABLE SERVICE," "SECTION 2.64.090 NORMAL <br />SERVICE RETIREMENT," "SECTION 2.64.110 DISABILITY INSURANCE," <br />"SECTION 2.64.130 OPTIONAL FORM OF PENSION," "SECTION 2.64.140 <br />EMPLOYEE LEAVING EMPLOYMENT OTHER THAN BY DEATH OR <br />RETIREMENT," AND "SECTION 2.64.150 REDUCTION OF DISABILITY <br />INSURANCE PAYMENTS FOR MILITARY DISABILITY COMPENSATION," <br />THEREBY AMENDING SAID SECTIONS SO AS TO INCREASE THE <br />PENSION OF PARTICIPANTS WHO TERMINATED AFTER JANUARY 1,2000, <br />AND SO AS TO REPLACE THE DISABILITY RETIREMENT PLAN WITH A <br />DISABILITY INSURANCE POLICY. <br /> <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, <br />MISSOURI, AS FOLLOWS: <br /> <br /> Section 1. Chapter 2.64 of the University City Municipal Code, relating to the <br />nonuniformed employees retirement system, is hereby amended by repealing Section 2.64.070 <br />thereof, relating to creditable service, Section 2.64.090 thereof, relating to normal service retirement, <br />Section 2.64.110 thereof, relating to disability retirement, Section 2.64.130 thereof, relating to <br />optional form of pension, Section 2.64.140 thereof, relating to employees leaving employment other <br />than by death or retirement, and Section 2.64.150 thereof, relating to reduction of benefits for <br />military disability compensation, and enacting in lieu thereof new sections to be known as "Section <br />2.64.070 Creditable service, "Section 2.64.090 Normal service retirement," "Section 2.64.110 <br />Disability insurance," "Section 2.64.130 Optional form of pension," "Section 2.64.140 Employee <br />leaving employment other than by death or retirement," and "Section 2.64.150 Reduction of <br />disability insurance payments for military disability compensation;" so that said sections, as so <br />amended, shall read as follows: <br /> <br /> <br />
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