City of Baltimore - File #: 07-0601

• File #: 07-0601
• Version: 0
• Name: Employees' and Elected Officials' Retirement Systems - Post-Retirement Benefit Increases
• Type: Ordinance
• Status: Enacted
• File created: 2/26/2007
• In control: City Council
• Final action: 5/1/2007
• Enactment #: 07-0422
• Title: Employees' and Elected Officials' Retirement Systems - Post-Retirement Benefit Increases FOR the purpose of altering the process under which the frequency of the distribution of retirement benefits is determined; requiring retirement dates to be on a certain day of the month; recodifying certain provisions dealing with member contributions; consolidating and altering the accounting procedures for certain funds; providing for a sunset date for certain existing post-retirement benefit provisions; altering certain retirement payment options; altering certain post-retirement increases to periodic benefits; authorizing the Board, under certain circumstances, to serve in a fiduciary capacity for other City trust funds; making the provisions of this Ordinance severable; correcting, clarifying, and conforming certain language; and generally relating to the administration of retirement benefits.
• Sponsors: City Council President (Administration)
• Indexes: Benefits, Elected Officials, Employees Retirement System, Retirement Systems

Date	Ver.	Action By	Action	Result
5/1/2007	0	Mayor	Signed by Mayor
4/30/2007	0	City Council	Approved and Sent to the Mayor
4/23/2007	0	Taxation and Finance Committee	Recommended Favorably
4/23/2007	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
3/26/2007	0	Taxation and Finance Committee	Scheduled for a Public Hearing
3/1/2007	0	The City Council	Referred for a Report
3/1/2007	0	The City Council	Referred for a Report
3/1/2007	0	The City Council	Referred for a Report
3/1/2007	0	The City Council	Referred for a Report
2/26/2007	0	City Council	Introduced
2/26/2007	0	City Council	Assigned

EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL


Introduced by: The Council President
At the request of: The Administration (Employees' Retirement System)


A BILL ENTITLED

AN ORDINANCE concerning
Title
Employees' and Elected Officials' Retirement Systems - Post-Retirement Benefit Increases

FOR the purpose of altering the process under which the frequency of the distribution of retirement benefits is determined; requiring retirement dates to be on a certain day of the month; recodifying certain provisions dealing with member contributions; consolidating and altering the accounting procedures for certain funds; providing for a sunset date for certain existing post-retirement benefit provisions; altering certain retirement payment options; altering certain post-retirement increases to periodic benefits; authorizing the Board, under certain circumstances, to serve in a fiduciary capacity for other City trust funds; making the provisions of this Ordinance severable; correcting, clarifying, and conforming certain language; and generally relating to the administration of retirement benefits.
Body
BY renumbering
Article 22 - Retirement Systems
Section 8(a)(1) through (4)
to be
Section 6(a)(15)(i) through (iv)
Baltimore City Code
(Edition 2000)

BY repealing and reordaining, with amendments
Article 22 - Retirement Systems
Sections 1(13a), 5(a), 5(r), 6(a)(1st par.), 6(a)(15),
6(c)(3), 6(e)(3), 8, 9(m)(7), 17(1st par.), and 17A(12)
Baltimore City Code
(Edition 2000)
...