ORDINANCE NO. BL2001-776
An ordinance amending Chapter 3.16 regarding employee pension contributions.
Whereas, the Metropolitan
Board of Education has decided to reallocate money appropriated to employee
pay raises to assuming the employee pension contributions for its employees
that participate in the Metropolitan Employee Benefit System; and
Whereas, the Metropolitan Employee Benefit Board has approved this change; and
Whereas, implementing this change requires an amendment to Chapter 3.16 of the Metropolitan Code of Laws; and
Whereas, it is in the best interest of The Metropolitan Government of Nashville and Davidson County that Chapter 3.16 be amended,
Now, therefore, be it enacted by the Council of The Metropolitan Government of Nashville and Davidson County, that:
Section 1: Section 3.16.010(A)
is hereby deleted in its entirety and the following language substituted:
Contributions by members to the system who are eligible employees shall include
medical care contributions and dental care contributions. Such contributions
shall be payable in accordance with this chapter. Contributions by members shall
be paid by payroll deductions. The financial requirements of the system for
all benefits, including pension benefits, disability benefits, life insurance
benefits and medical care benefits or services shall be determined by the board
in accordance with this chapter. Pension contributions shall be paid into Fund
B or Fund C as the case may be. Life insurance contributions and medical care
contributions shall be paid into the insurance account.
Section 2: Section 3.16.030(H)
is hereby deleted in its entirety and the following language substituted:
The provisions of subsections D through G of this section shall not apply to
employees of the metropolitan board of education prior to July 1, 2001. From
and after July 1, 2001 subsections D through G of this section shall apply to
employees of the metropolitan board of education who are members of the metropolitan
employee benefit system and any funds deducted from employee pay for employee
contributions for pensions from and after July 1, 2001 shall be refunded to
the effected employees. In applying subsections D through G of this section
to employees of the metropolitan board of education, "July 1, 2001"
shall be substituted for "January 1, 1987" and "metropolitan
board of education" shall be substituted for "metropolitan government"
wherever appearing in said subsections. Nothing in this subsection shall be
construed to effect any employee pension contributions prior to July 1, 2001.
Section 3: This ordinance shall take effect from and after its passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Howard Gentry, Janis Sontany, Leo Waters & Tony Derryberry
LEGISLATIVE HISTORY |
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Introduced: | August 7, 2001 |
Passed First Reading: | August 7, 2001 |
Referred to: | Budget
& Finance Committee Personnel Committee |
Passed Second Reading: | August 21, 2001 |
Passed Third Reading: | September 18, 2001 |
Approved: | September 20, 2001 |
By: |