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<br /> <br /> <br /> <br /> <br /> <br /> INTRODUCED BY: Mr. Sharpe, Jr. DATE: April 20, 2009 <br /> <br /> <br /> BILL NO. 9037 ORDINANCE NO. 6783 <br /> <br /> <br /> AN ORDINANCE AMENDING CHAPTER 2.62 OF THE UNIVERSITY CITY <br /> MUNICIPAL CODE, RELATING TO THE POLICE AND FIREFIGHTER'S <br /> RETIREMENT SYSTEM, BY AMENDING SECTIONS 2.62 RELATING TO THE <br /> DETERMINATION OF BASE SALARY WITH RESPECT TO RETIREES. <br /> <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, <br /> MISSOURI AS FOLLOWS: <br /> <br /> Section 1. Chapter 2.62 of the University City Municipal Code, relating to the police and <br /> firefighter's retirement system, is hereby amended as follows: <br /> <br /> <br /> A. As used in this chapter: <br /> <br /> "Base salary" means the greater of: <br /> <br /> 1. The highest monthly salary according to the salary range, as contained in Section <br /> 1, Schedule B of the payroll ordinances then in use for a police officer and firefighter or <br /> paramedic firefighter, plus any salary increase because of twenty (20) years of service. If <br /> the amounts for such police officer and firefighter or paramedic firefighter (whichever is <br /> the highest salary of the fire group) are not the same, the mean of the two amounts shall <br /> be used as the base salary herein; or <br /> <br /> 2. Effective January 1, 2005, one-thirty-sixth (1/36) of the aggregate compensation <br /> paid to an employee during such employee's last three years of service; provided, <br /> however, that this subsection (2) shall not apply for purposes of determining funeral <br /> benefits under Section 2.62.150(C). <br /> <br /> "Board of trustees" or "board" means and refers to the board of trustees of the police and <br /> firemen's retirement fund established pursuant to Chapter 2.50. <br /> <br /> "Compensation" means the wage or salary paid an employee for any period excluding <br /> expense allowances, but including employee contributions to the police and firemen's <br /> retirement fund treated as employer contributions under Section 2.62.050. <br /> <br /> "Service" means the time employed in either the police department or the fire <br /> department, or a combination of the two; and such employee has contributed to this <br /> uniformed pension plan during such time. <br />