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File #: 090114.    Version: Name: VOLUNTARY EARLY SEPARATION INCENTIVE PROGRAM (B)
Type: Ordinance Status: Adopted
File created: 8/6/2009 In control: City Attorney
On agenda: Final action: 8/20/2009
Title: VOLUNTARY EARLY SEPARATION INCENTIVE PROGRAM (B) Ordinance No. 0-09-38 An ordinance of the City of Gainesville, Florida, amending Division 5 of Chapter 2 of Gainesville Code of Ordinances, relating to the City of Gainesville Employees Pension Plan, providing for additional credited service associated with an early separation program; providing directions to the codifier; providing a severability clause; providing a repealing clause; and providing an immediate effective date.
Attachments: 1. 090114_draft ordinance_20090806.pdf, 2. 090114_ordinance_20090820.pdf
title
VOLUNTARY EARLY SEPARATION INCENTIVE PROGRAM  (B)
 
Ordinance No. 0-09-38
An ordinance of the City of Gainesville, Florida, amending Division 5 of Chapter 2 of Gainesville Code of Ordinances, relating to the City of Gainesville Employees Pension Plan, providing for additional credited service associated with an early separation program; providing directions to the codifier; providing a severability clause; providing a repealing clause; and providing an immediate effective date.
 
recommendation
The City Commission adopt the proposed ordinance.
 
explanation
At its meeting on June 18, 2009, the City Commission authorized the City Attorney to draft and the Clerk of the Commission to advertise an ordinance amending the General Employees Pension Plan to provide additional credited service to employees participating in a voluntary early separation program.
 
This ordinance requires two hearings.  Should the City Commission pass this ordinance on first reading, second and final reading will be held on Thursday, August 20, 2009.
 
 



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