HomeMy WebLinkAboutOrdinance 10385r w.- ~ .,. l' , ..
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ORDINANCE NO. ~( WC~
AN ORDINANCE AMENDING ORDINANCE NOS. 2999, 4060, 4250,
4304, 4354, 4430, 4860, 4861,. 4873, 4875, 5226, 5259,
6393, 6556, 7056, 7317, 7875,. 8674, 8843, 9247, 9532,
10081, 10291 AND 10369, (:ODIFIED AS CHAPTER 2,
ARTICLE VI, DIVISION 1, ENTITLED "EMPLOYEES' RETIREMENT
FUND", OF THE CODE OF THE CIT7t OF FORT WORTH (1986), AS
AMENDED, WHICH ORDINANCES ES'T'ABLISH AND PROVIDE FOR A
RETIREMENT SYSTEM, RETIREl~lENT PLAN AND BENEFITS
THEREUNDER FOR EMPLOYEES OF THE CITY OF FORT WORTH;
PROVIDING FOR LIMITED P1?,YMENT OF RETIREE HEALTH
INSURANCE; MAKING THIS ORDINANCE CUMULATIVE; PROVIDING
A SEVERABILITY CLAUSE; PROVIDING FOR ENGROSSMENT AND
ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS;
That Ordinance No. 2999, passed and adopted by the City
Council of the City of Fort Worth on the 24th day of September,
A.D. 1952., as amended by OrdinancE~ Nos. 4060, 4250, 4304, 4354,
4430, 4860, 4861, 4873, 4875, 5226, 5259, 6393, 6556, 7056, 7317,
7875, 8674, 8843, 9247, 9532, 10081, 10291 and 10369, be and the
same is hereby further amended as follows:
SECTION I.
That Chapter 2, Article VI, Division I, Section 2-216,
"Administration," Subsection (d) "Administrative expenses" of the
Code of the City of Fort Worth (1986), as amended, be and is
hereby further amended by adding Subsection (3), and after such
addition, Subsection (3) shall react as follows, to wit:
"(3) From October 1, 19.84 through September 30, 1990,
part or all of the costs of retiree health insurance shall
be paid from the Retirement Fund upon approval by the board
of trustees or as authorized by official action by the City
Council."
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SECTION II.
CONTROLLING POWER OF ORDINANCE
The provisions of this ordinance shall be cumulative of and
in addition to all other ordinances of the City of Fort Worth
relating to pensions, which ordinances are hereby preserved and
continued in force and effect; provided, however, that, in the
event of any conflict, the provisions of this ordinance shall
control.
SECTION III.
VALIDITY OF ORDINANCE
If any provision, section, part, subsection, sentence,
clause, phrase or paragraph of this ordinance be declared invalid
or unconstitutional, the same shall not affect any other portion
or provision hereof, and all other provisions shall remain valid
and unaffected by any invalid portion, if any, and the City
Council now says that, if it had known at the time of the passage
of this ordinance that any portion of said ordinance was invalid,
it would not have adopted such invalid part.
SECTION IV.
PREREQUISITES TO ORDINANCE
The City Council finds that all acts, conditions and things
required by provisions of the Constitution of Texas and the
Charter and Ordinances of the City of Fort Worth precedent to and
in the adoption of this ordinance have been done, have happened
and have been performed in proper and lawful time and manner..
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SECTION V.
ENGROSSMENT AND ENROLLMENT
The City Secretary of the City of Fort Worth is hereby
directed to engross and enroll this ordinance by copying the
caption and effective date of same in the minutes of the City
Council of the City of Fort Worth and by filing this ordinance in
the ordinance records of said City.
SECTION VI.
EFFECTIVE DATE
This ordinance shall be in full force and effect from and
after the date of its adoption and it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
T~1~
orz. City Attorney
Date: y'--/ ~ -g9
ADOPTED: ~a ~9g
EFFECTIVE ° / ^'~~~ O
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DATE
AOMIN.n REFERENCE
NUMBER SUBJECT PAGE
AMENDMENT TO RETIREMENT 1
8/29/89 G-8182 ORDINANCE 1 of
RECOMMENDATION
It is recommended that the City Council adopt the attached amendment to the
City Retirement Ordinance, Section II which amends the Ordinance to provide
for pa~;.~nent by the Retirement Fund of the costs of retirees' health insurance,
and Section I which amends the Ordinance to provide for post-retirement,
lump-sum withdrawal of contributions.
DISCUSSION
Beginning with the 1984-85 budget year and continuing through 1988-89, the
Retirement Fund Board of Trustees annually approved payment to the City from
the Retirement Fund of the costs of retirees' health insurance. In November
1988, the Board of Trustees informed the City Manager of their intention to
discontinue this payment for all future years. Subsequent to this action the
City Council was advised that without funding from the Retirement Fund the
projected $3.2 million costs for 1989-90 would have to be assumed by the City
budget. In response, the City Council contracted with A. Foster Higgins and
Company, Inc. to provide professional assistance in identifying and evalu-
ating their short-term options as well as long-term strategy for addressing
the issue of post-retirement medical benefits.
Among other recommendations in the Foster Higgins report to the Council was
the recommendation to amend the Retirement Ordinance to specifically provide
for the past voluntary payments for health insurance by the Retirement Fund
and to provide for the 1989-90 payment by Council authorization. The
attached amendment to the Ordinance will accomplish this recommendation.
Also included in the attached amendment is a no-cost amendment which will
allow a retiree, currently receiving benefits, to receive the balance of any
remaining employee contribution in lump-sum and release the Retirement Fund
from any obligation for future benefits.
R~~ :~t~.1~'ED ~Y
DAI f/6 ~~~ '~~~ ~~.
I
~ *Approved Section I I , providing for ~`~ ~~ 1939
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payment y the eti rement Fund of the ~~dx/~.~,d
costs of retirees' health insurance
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Lacy of Forc u-®rth, T~xns
SUBMITTED FOR THE
CITY MANAGER'S
OFFICE BY David Ivor DISPOSITION BY COUNCIL.
(~ APPROVED PROCESSED BY
ORIGINATING [~ OTHER (DESCRIBE)
DEPARTMENT HEAD A J Bai 1 i ff *See Above CITY SECRETARY
FOR ADDITIONAL INFORMATION OG
CONTACT Bai 1 i ff 81 OV Ado ted Orlin ~
nCe Nd. ~~~ Cy._.J
DATE