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HomeMy WebLinkAboutOrdinance 10291~ a ~„ ORDINANCE N0. ID~ l 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 AND 10081, CODIFIED AS CHAPTER 2, ARTICLE VI, DIVISION 1, ENTITLED "EMPLOYEES' RETIREMENT FUND", OF THE CODE OF THE CITY OF FORT WORTH (1 986) , AS AMENDED, WHICH ORDINANCES ESTABLISH AND PROVIDE FOR A RETIREMENT SYSTEM, RETIREMENT PLAN AND BENEFITS THEREUNDER FOR EMPLOYEES OF THE CITY OF FORT WORTH; PROVIDING THAT NO DISABILITY PENSION SHALL BE GRANTED UNTIL ALL ACTUAL WORKERS' COMPENSATION CLAIMS HAVE BEEN SETTLED OR CAN NO LONGER BE APPEALED OR SET ASIDE BY ANY COURT; PROVID- ING FOR ANNUAL MEDICAL EXAMINATION AFTER A DISABILITY PENSION HAS BEEN GRANTED WHEN DEEMED NECESSARY; PROVID- ING THAT FALSIFICATION OR OMISSION OF PRIOR INJURIES ON ANY PART OF THE EMPLOYMENT APPLICATION SHALL CON ST IT UT E GROUNDS FOR DENIAL OR REVOCATION OF ANY DISABILITY PENSION; PROVIDING FOR AN ANNUAL DISABILITY NOT IN LINE OF DUTY PENSION; PROVIDING FOR A VESTED TERMINATION PENSION WHEN ELIGIBLE AS IF EMPLOYMENT HAD CONTINUED; ALLOWING THE FUND TO HONOR CERTAIN DIVORCE DECREES DIVIDING PENSION BENEFITS; MAKING THIS ORDINANCE CUMULA- TIVE; 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 and 10081, be and the same is hereby further amended as follows: SECT ION I . That Chapter 2, Article VI, Division I, Section 2-210, "Disability Pensions," Subsection (b) "General Provisions," of the Code of the City of Fort Worth (1986), as amended, be and is ,. hereby further amended by substituting the following language in lieu thereof, to wit: "(1) Such disability must exist for at least ninety (90} consecutive days.. "(2) Such disability was not contracted, suffered or incur- red while the member was engaged in, or did not result from his having engaged in, a criminal enterprise, or from his habitual drunkenness or addiction to narcot- ics, or from self-inflicted injury, or from voluntary or involuntary service in the Armed Forces of the United States (including the United States Merchant Marine), any of its allies or any other foreign coun- try. "(3) No disability pension shall be granted to any member allegedly injured on the job until all claims under the Workers' Compensation Act, Articles 8306-8309, R.C.S. of Texas, as amended, have reached settlement, or can no longer be appealed or set aside by any court." SECT ION I I . That Chapter 2, Article VI, Division 1, Section 2-210, "Disability Pensions," Subsection (c) "Qualification For Disability Pension," of the Code of the City of Fort Worth (1986), as amended, be and is hereby further amended by substitut- ing the following language in lieu thereof, to wit: "(1) A member shall qualify for a disability pension as hereinafter provided only after he has been certified to be disabled, in accordance with the definition in subsection (a) of this section, by one or more duly licensed and practicing physician(s) appointed by the Administrator. Determination of the existence of disa- bility shall be made after a ninety (90) day period from the date such disability is alleged to have com- men ced, and benefits shall not commence until the first day of the month following the month in which such ninety (90) day period ends. -2- ., "(2) The Board shall have its appointed physician(s) conduct an annual medical examination after a disability pen- sion has been granted unless deemed not necessary by the Administrator due to the retiree's condition or at any other time deemed necessary by the Board when a change in the retiree's condition is brought to the Board's attention, in order to determine whether the disability is continuing. "(3) Any disability payment shall be discontinued at any time upon proof that the member is not disabled as above defined. The Board's determination on all matters concerning the granting, refusing or revoking of a disability payment shall be final and conclusive on all parties, and no appeal can be made therefrom. "(4) No disability benefit coverage shall be provided during a service break in excess of three (3) consecutive months unless the service break was caused by sickness or accident leading to total disability. "(5) The disability benefit specified herein shall not be payable during any period for which regular pay or a portion thereof is continued by the City, the State or any other division of government in accordance with the then-existing civil service statutes. "(6) Falsification or omission of prior conditions or inju- ries on any part of the employment application, for which a disability pension is or has been sought, shall constitute grounds for denial of a disability pension or for revocation of any disability pension granted." SECT ION I I I . That Chapter 2, Article VI, Division I, Section 2-210, "Disability Pensions," Subsection (e) "Disability Not In Line Of Duty," of the Code of the City of Fort Worth (1986), as amended, be and is hereby further amended by substituting the following language in lieu thereof, to wit: "If a member who is vested becomes totally and perma- nently disabled while not in line of duty, he shall receive an annual life pension, the amount of which shall be two percent (2~) of his compensation base multiplied by his total credited service to date. If a member becomes disabled -3- s not in line of duty before that member is vested, then Section 2-212 shall apply." - SECTION IV. That Chapter 2, Article VI, Division I, Section 2-212, "Termination Benefits and Vesting" of the Code of the City of Fort Worth (1986), as amended, be and is hereby further amended by adding Subsection (d), and after such addition, Subsection (d) shall read as follows, to wit: "(d) A vested member, who resigns or is terminated prior to his retirement date and whose years of age and years of credited service total sixty-five (65) when added together, shall be entitled to receive a vested right of one hundred per cent ( 100) of the amount of pension earned to date of resignation or termination, payable in full upon what would have been his retirement date if he had remained employed by the City." SECT ION V. That Chapter 2, Article VI, Division 1, Section 2-217, "Exemption of Benefits from Judicial Process," Subsections (a) and (b), of the Code of the City of Fort Worth (1986), as amended, be and are hereby further amended by substituting the following language in lieu thereof, and by adding Subsection (c) and subsection (d), and after the additions and amendment, shall read as follows, to wit: "(a) The City shall never be held liable or responsible for any claim or asserted claim for benefits under the pro- visions of this article, but all claims shall be paid from the funds for which provision has been specifically made in this article. "(b) No portion of this Fund shall, at any time before or after its disbursement, be held, seized, taken, subjected to or detained or levied upon by virtue of any execution, attachment, garnishment, assignment, injunction or other -4- ~: r; writ, order or decree, or any process or proceedings whatso- ever issued out of or by any court for the payment or satis- faction, in whole or in part, of any debt, damage, claim, demand or judgment against any persons entitled to the benefits of this Fund, nor shall the Fund or any claim thereto be directly or indirectly assigned or transferred, and any attempt to transfer or assign same shall be void; provided however that (1) nothing in this section shall prevent the deduction of the spouse's insurance premiums from the Fund for the purpose of paying same, on behalf of the spouse, to the health and life insurance carrier for the City only, and (2) nothing shall prevent the Fund from divid- ing a member's pension benefit between the member and a former spouse according to the terms of a valid court order from a court of competent jurisdiction as set forth in subsection (c). "(c) The court order must state a specific amount pay- able monthly or a percentage of the member's monthly benefit to be divided on a monthly basis between the member and the former spouse; no lump sum payment shall be made to the former spouse, except as otherwise stated in this subsec- tion. Upon the member's death, no further monthly pension benefits shall be paid to the former spouse. If a divorced member dies leaving dependent children or dependent parents, such eligible person(s) shall be entitled to receive a death benefit, based upon the member's pension benefit but for the divorce, according to the terms of Section 2-211, and in no event shall any of the member's remaining contributions be paid to the former spouse. If a divorced member dies prior to receiving all of the member's contributions in monthly pension benefits and if the divorced member leaves no widow, widower, dependent children or dependent parents eligible to receive a benefit under Section 2-211, the member's remain- ing contributions shall be divided between the member's estate and the former spouse according to (1) the ratio of the monthly pension benefit payable to the former spouse divided by the monthly pension benefit payable to the member but for the divorce, or (2) the percentage used to calculate the monthly pension benefit payable to the member and the former spouse. In the event a member remarries at least one year prior to retirement and thereafter dies, the surviving widow or widower shall be entitled to receive a death bene- fit, based upon the member's pension benefit but for the divorce, according to the terms of Section 2-211, and in no event shall any of the member's remaining contributions be paid to the former spouse. The date that benefit payments are due and payable to a former spouse shall be determined by the eligibility of the member to receive benefits or contributions based upon the member's retirement date or other termination of employment. No court order shall be -5- i .. - _ ~ ,;. ~, r honored if it: (1) provides for any type or form of benefit or option not otherwise provided by the Fund, (2) requires the Fund to provide increased benefits determined on the basis of actuarial value or (3) requires the payment of benefits to a former spouse that are required to be paid to another former spouse. "(d) Unless other wise expressly provided for in this article, the Board shall not reduce an individual pension." SECT ION VI . 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. SECT ION VII . 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 passag e of this ordinance that any portion of said ordinance was invalid, it would not have adopted such invalid part. -6- ,- ~ ~~., k'. Y LL ! P' SECTION VIII. 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. SECTION IX. 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. SECT ION X. 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: City Attorney _ ' Date: ~J~~ -g~ ADOPTED EFFECTIVE: -7- -- ~~- .- ATTACHMENT T0: Doug Harman, City Manager DATE: January 16, 1989 FROM: 3udson Bailiff, Director of Finance SUBJECT: Proposed Amendments to Retirement Ordinance At a special called meeting on January 10, 1989 the Retirement Fund Board of Trustees unanimously approved recommending to the City Council several amendments to the Retirement Ordinance. Two of the recommended amendments have an acturial cost impact. The other amendments are needed either for clarification or to protect the position of the Fund in certain possible legal proceedings. The amendments having acturial cost impact involve (1) a change in the formula used to determine retiree benefits and (2) a change in the vested retirement provisions of the Ordinance. These two changes are discussed in more detail below. Benefit Fora-ula Retirees presently receive an annual benefit of 27 of compensation base (average highest five years' earnings) multiplied by total credited service years The Retirement Board is recommending that the 27 factor be increased to 2.157 for an effective increase in benefits of 7 1/27. The last change in the benefit formula was approved in July 1983 when this factor was increased from 1.83347 to the 2 7 Prior to their recommendation the Retirement Board had an acturial study performed to assess the impact of increasing the benefit factor to 2.257.. The acturial report reflected that a 2.257 factor could not be funded within present funding levels; however, an increase of 2.15 7 could be made within established "safety" margins. The 2.157 change has an acturial cost of 1.267 of payroll. Vested Retirement The City of Fort Worth Retirement Ordinance has always contained a provision recognizing that after a certain number of years of service an employee achieves a vested right to benefits of the Retirement Fund. Prior to a November, 1984 Retirement Ordinance amendment, the vested provision bore a deliberate relationship to the provision for normal retirement. Prior to the 1984 amendment the provision for normal retirement resulted in the majority of retirees being age 60 or older. If a vested employee left the City prior to normal retirement and prior to age '65, at age 65 that employee was entitled to one hundred percent of the amount of pension earned to date of termination. The 1984 amendment provides for normal retirement under the "Rule of 80" resulting in many employes becoming eligible for retirement at a mid-fifties age. To retain a relationship between normal retirement and vested retirement similiar to that existing prior to 1984 an amendment to the vested retirement provision should have been included in 1984; however, this was inadvertently omitted. The Retirement Board believes that an appropriate recognition of long-term employees' equity in the Fund can be achieved with a "65 point vesting". Lander this provision once an employee achieves 65 points (years of age plus years of service) that employee may terminate with the right to one hundred percent of the amount of pension earned to the date of termination with payment to begin at whatever future date that employee would have achieved 80 points. On an individual employee basis this provision costs the Fund less money than retirement at "80 points" as it results in the individual receiving a smaller benefit but over the same period of time. The increased acturial cost results from a projection that more employees will exercise a vested option that currently do so. The acturial study performed for the Board concerning this issue studied vested retirement at 60, 65 and 70 points The results were an acturial cost of .647, .457 and .267 respectfully If you should require additional information on the proposed retirement amendments please let me know. , HISTORICAL BACKGROUND HEALTH INSURANCE ~ ~oai (~4 May 1958 -- City Council adopts health insurance program for employees and retirees (CC Minutes, 5/16/58) May 1965 -- City continues to pay cost of coverage for retired employees (CC Minutes, 5/17/65) January 1971 -- City continues to pay total premium of life, hospitalization, and medical insurance of retired employees, provided employee was a member of the active employee insurAn~p Group plan immediately prior to retirement. (Personnel Rules and Reg , 1/1/71) September 1975 -- The City continued to pay 10096 of cost of retired employees' health insurance premiums. (MdcC C-3197, 9/22/75) July 1977 -- The City continued to pay total premiums of life, hospitalization and medical insurance of retired employees (Personnel Rules and Regs. 711177) February 1, 1978 -- Aetna awarded health and life contract. Payment of total premiums for retirees and all insurance costs remain same as previous year. (Memo from Personnel Director) November 1984 -- Retirement Ordinance changed to provide that the Retirement Fund could voluntarily reimburse the General Fund for all actual administrative expenses or a portion thereof upon a majority vote by the Board of Trustees if such action was actuarially sound. August 27, 1984 -- Retirement Board voted to pay 10096 of retiree health insurance premiums in support of City budget as proposed in the memo from the Budget Director which referenced absorption of health insurance costs over a three year period. There are differing opinions as to whether this was to be a one-time or annual assumption of cost of health insurance for retirees. 1988 -- Retirement Board agrees to pay premiums for retirees' health insurance for FY 89 with understanding that it is a one year payment only. Board has received report that Fund cannot continue to absorb the cost of health insuc°ance for retirees. ATTACHMENT 2 T .i - ""~'`~`'~~''' `~~~ ~ City of Fort -~®rth, texas ACCOVM{jNG•9~ ~ TRANS/pR7At10M'/USLTC ~OR~ ®~ a U ~~ ~®~L1L~(L (L~ ~®~~ lL1V U (L (L!L/a~ (L®~ ' ~ i MAt~.R AG/tglIWOTRATIOl1 ~' s rC11fOMNCiS+t rINANCE.'R DATE 'REFERENCE SUBJECT PAGE NUMBER 2 5/2/89 .G_8021 Retirement Ordinance Amendments lof RECOMMENDATION .~ It is •r-ecommended that City Council select one of the alternatives listed below regard~ng• possible amendments to ;the retirement; fund. 1) Adopt the original recommendation of the Board of Trustees of the Employees Retirement Fund included in Attachment A, ~~ 2) Direct City staff to prepare a multi-year phase-out of funding by the Retirement Board for retiree health cost for subsequent presentation to the Retirement Board and to the City Council, 3) Direct the c;ty staff to develop a revised retirement ordinance which reduces the City's contribution in an amount sufficient to support direct funding of the retiree health cost. 4): Take no action at this time in order to permit further dis- cussion of the issue with the Retirement Board and to take into account the budgetary impacts of possible changes. 5) Adopt a revised retirement ordinance which incorporates the 65 point provision and other technical amendments and take no action on in- creasing other retirement benefits .(Attachment C).~' IITSf.I1SSTON At the recent Council meeting on April 25, 1989, City Council discussed the recommendations from the Board of Trustees of the Employees' Retirement Fund and Informal Report No. 7375, dated April 18, 1989. The Board of Trustees re- quested amendments are included in Attachment A and they are self-explanatory. City Council could adopt these recommended changes and implement them in the ordinance which is included in Attachment A. At the recent City Council meeting, the Informal Report was also discussed which highlighted the budgetary impact on the 1989-90 budget. Adoption of the original recommerid`at~ions'~fr~om the Board of Trustees would include at least a $.02 increase in~t~e~~General~"~F~und budget. Councilman Williams indicated that he wished to have the original retirement ordinance amendment s~jbefore~,,City Council in order to permit some type of action by City Council. q#~ Mayor Bolen indicated~th'at~~;':Fie wished to have available for possible consider- ation by City Council-the-65.~Point provision and other technical amendments. He indicated that~~Council~.should have available the alternative to pass these amendments without•poss'i~bl-e action at this time without increasing the cost of the retirement benefit. City Attorney has been requested to include such an ordinance alternative as an attachment to be available for Council action should Council so desire. k~ DATE REFERENCE NUMBER SUBJECT PAGE 5/2/89 G-8021 Retirement Ordinance Amendments ~:2.~~rfaf_..~2__, ~. At the time that this M&C was developed, City staff had not received any definite indication from the Retirement' Board of Trustees of any other sup- ported alternatives other than the original proposal endorsed by the Board of Trustees. City staff is concerned that the full budgetary implications of these changes be recognized prior to any possible action by City Council. The April 18.th In- formal Report points out "that the total cost of retirees' insurance projected for 1989-90 is $3,796,390, of which $2,733,400 is for General Fund retirees." City staff is presently working on development of the proposed budget for next year. Any Council decision that would concern the retirees' health costs would have significant implications for next year's budget. Therefore, staff recommends that Council consider this issue very carefully. In addition,. Council needs to focus on the potential impact on the enterprise funds if there is a transfer of the retirees' health insurance costs to those funds.. The I.R. reflects the current year's allocations from those funds. For example, the FY 88-89 from the Solid Waste Fund is $198,363. This increases to over $300,000 next year and would have to be supported, in part, by the solid waste fund rate estab- lished by City Council. City staff will be recommending a rate increase. One element of the requirement for the rate increase will be the funds necessary to support retirees' health costs. This is also true in other enterprise funds which are supported by various fees adopted by City Council. City staff•wants to make certain that the City .Council is fully aware of the implications of the retiree health cost transfer for the General Fund as well as for the enterprise funds. This issue will be discussed at the Work Session. City staff looks forward to City Council guidance on this important matter. The budgetary implications for next year are extremely important. In addition, City staff recommends that the retiree health cost be thoroughly analyzed dur- ing;the weeks ahead. It has been necessary to establish cost containment for employee health costs. It seems only appropriate that cost containment strat- egies be applied to the issue. of retiree health costs as well. As has been in- dicated previously, the City of Fort Worth is one of very few jurisdictions that currently provide full cost of the health insurance coverage for retired employees. 1`his is a complex issue which has long-term financial ramifica- tions. APPROVED BY CITY COU(~CiL Attachments * Approved Item Number 5 under Recommendatio~IAY 2 1989 ~~.~ ct~ secsesa~ ~ t~. SUBMITTED FOR THE CITY MANAGER'S OFFICE BY Douglas Harman DISPOSITION BY COUNCIL: ^ APPROVED PROCESSED BY ORIGINATING 7 ,.1 DEPARTMENT HEAD• VU-'SOn Ba~~~.ff ^ OTHER (DESCRIBE) * JC CITY SECRETARY FOR ADDITIONAL INFORMAT19Nd$On Bai 1 i ff °1°5 CONTACT tJl1 rdinance No. - DATE b ~.~: qS. gat € a, .+.~, .'s.~ ~, ~ , b. ~ ~ t tR ~i5'/I.~w 4 C:. :~:<,;,