Item Coversheet

Committee Assignments - C4  T




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Commissioner Ricky Arriola 
DATE:February  22, 2023
 



SUBJECT:REFERRAL TO THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE TO DISCUSS CREATING A NEW EMPLOYMENT CLASSIFICATION THAT PROVIDES FOR HIGHER PAY WITHOUT PENSION BENEFITS.

ANALYSIS

At the February 17, 2023 Finance and Economic Resiliency Committee, the committee expressed interest in exploring the possibility of creating a new employee classification that would address the need to compete for top talent by offering higher pay at the present time in lieu of pension benefits being disbursed upon retirement. I ask the City administration to research how this can be achieved and report back to the Finance and Economic Resiliency Committee.

SUPPORTING SURVEY DATA

N/A

FINANCIAL INFORMATION

N/A

Applicable Area

Citywide
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 

Strategic Connection

Organizational Innovation - Attract and retain top talent.
Legislative Tracking
Commissioner Ricky Arriola
Sponsor
Commissioner Alex Fernandez