City of Baltimore - File #: 10-0519

• File #: 10-0519
• Version: 0
• Name: Fire and Police Employees’ Retirement System - Benefits
• Type: Ordinance
• Status: Enacted
• File created: 6/7/2010
• In control: City Council
• Final action: 6/22/2010
• Enactment #: 10-306
• Title: Fire and Police Employees’ Retirement System - Benefits FOR the purpose of modifying certain Fire and Police Employees’ Retirement System interest rate assumptions; changing the definition of "average final compensation" for all System members who do not meet certain conditions; clarifying the definition of "earnable compensation;" making the Director of Finance an ex-officio member of the Board of Trustees of the System; allowing the Director of Finance to authorize a designated representative to act in his or her stead at board meetings; adding 1 additional Board of Trustees appointee, appointed from a list of recommended candidates submitted by the President of the City Council, to the existing 2 City resident mayoral appointees; establishing new qualifications for the mayoral appointees; exempting the Board of Trustees from the City Charter provision requiring minority party representation on City boards; changing the age and service requirements for the normal service retirement ...
• Sponsors: City Council President (Administration), Helen L. Holton, William H. Cole, IV, James B. Kraft, Sharon Green Middleton, Robert Curran, Edward Reisinger, Rochelle Spector, Carl Stokes
• Indexes: Benefits, Fire & Police Retirement Systems, Retirement

Date	Ver.	Action By	Action	Result
6/22/2010	0	Mayor	Signed by Mayor
6/21/2010	0	City Council	Amendment Failed
6/21/2010	0	City Council	Approved and Sent to the Mayor
6/17/2010	0	City Council	Amended
6/14/2010	0	City Council	Advanced to 3rd Rdr., Adopted Comm. Report
6/14/2010	0	Taxation, Finance and Economic Development Committee	Recommended Favorably with Amendment
6/10/2010	0	The City Council	Referred for a Report
6/10/2010	0	The City Council	Referred for a Report
6/10/2010	0	The City Council	Referred for a Report
6/10/2010	0	The City Council	Referred for a Report
6/7/2010	0	City Council	Introduced
6/7/2010	0	City Council	Assigned
6/7/2010	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing

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

A BILL ENTITLED

AN ORDINANCE concerning
title
Fire and Police Employees’ Retirement System - Benefits

FOR the purpose of modifying certain Fire and Police Employees’ Retirement System interest rate assumptions; changing the definition of "average final compensation" for all System members who do not meet certain conditions; clarifying the definition of "earnable compensation;" making the Director of Finance an ex-officio member of the Board of Trustees of the System; allowing the Director of Finance to authorize a designated representative to act in his or her stead at board meetings; adding 1 additional Board of Trustees appointee, appointed from a list of recommended candidates submitted by the President of the City Council, to the existing 2 City resident mayoral appointees; establishing new qualifications for the mayoral appointees; exempting the Board of Trustees from the City Charter provision requiring minority party representation on City boards; changing the age and service requirements for the normal service retirement benefit for all System members who do not meet certain conditions; establishing a new early service retirement benefit for System members who do not qualify for normal service retirement; increasing the percentage of compensation contributable by System members; amending provisions ...