| | | | | | | |  | Committee Assignments - C4 W
COMMISSION MEMORANDUM |
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| | | | | | | | | TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Commissioner Ricky Arriola | | | DATE: | March 17, 2021 | | | |
| | SUBJECT: | REFERRAL TO THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE TO DISCUSS IMPLEMENTING TEN YEAR VESTING FOR ALL FUTURE EMPLOYEES. |
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| | | | | | | | ANALYSIS
| | As the City's pension obligations continue to grow, I am asking that the Finance and Economic Resiliency Committee discuss amending the five year vesting period for full retirement plan benefits to ten years for all future employees. |
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| | | | | | | | SUPPORTING SURVEY DATA
| | N/A |
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| | | | | | | | | Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? | | Does this item utilize G.O. Bond Funds? | | | Yes | | No | |
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| | | | | | | | Strategic Connection
| | Organizational Innovation - Ensure strong fiscal stewardship. |
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| | | | | | | | Legislative Tracking
Commissioner Ricky Arriola |
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