Title
Pension Credited Service for Temporary Employment (B)
This item is to discuss a request for temporary service to be included in pension service credit.
Explanation
On October 1, 2009 during the citizen comment portion of the City Commission meeting, employee Judy Raymond requested the City consider including temporary service time as credited service in the City's General Employee's Pension Plan. The request was made for her and other employees with similar circumstances.
In addition to the request for temporary time, there was an additional request to also allow for participation in the voluntary early separation incentive.
On October 22, 2009, staff issued a memo to the City Commission (attached) outlining pension membership and credited service, required amendments to the General Employees' Pension Plan, the steps and timeframe required to make amendments, and the potential cost to the plan.
Fiscal Note
The cost of granting service credit varies for each individual.
Recommendation
Discuss the request and analysis provided and take no action.