Employees' Retirement Fund Correction
Summary
A drafting error in last summer's pension ordinance accidentally cut off seven longtime employees' ability to purchase credited service. The fix passed first reading.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 21, 2026.
Impact analysis
Affects pension purchase-of-service rights for seven current employees; no stated cost to the city.
Seven current city employees hired before October 1 of last year regain their buy-back rights.
Mentions & discussions (2)
City Commission (Regular) - Oct 21, 2026
A drafting error in last summer's pension ordinance accidentally cut off seven longtime employees' ability to purchase credited service. The fix passed first reading.
City Commission (Regular) - Jun 17, 2026
First-reading approval of pension terms in the tentative fire union contract, including a 3.4% accrual rate, earlier normal retirement provisions, and higher member contribution rates.
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