IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE repealing §1531., Jackson County Code, 1984, relating to the Jackson County Employees' Pension Plan, and enacting, in lieu thereof, two new sections relating to the same subject.
Intro
ORDINANCE 2503, January 8, 1996
INTRODUCED BY John Patrick Burnett, County Legislator
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WHEREAS, the Jackson County Pension Plan Administration Committee has recommended that the Jackson County Employees' Pension Plan be amended so as to provide for the payment of a lump sum death benefit to the surviving spouse of a vested member of the Plan who dies before reaching the age of fifty-five; and,
WHEREAS, the recommended amendment is in the best interests of the health, safety, and welfare of the citizens of Jackson County; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, as follows:
Section A. Enacting Clause.
Section 1531. Jackson County Code, 1984 is hereby repealed and two new sections enacted in lieu thereof, to be known as sections 1531. and 1532., to read as follows, with existing section 1532. and subsequent sections to be renumbered accordingly:
1531. Death Prior to Age 55 and No Spouse, Effect.
If an active Member should die (i) before reaching Attained Age fifty-five (55) [or] and (ii) without being survived by a Spouse (regardless of his Attained Age and years of Service), no Death Benefit shall be payable under this Plan. (Ord. 1353, Eff. 08/01/85)
1532. Death Prior to Age 55 With Spouse, Effect.
If any active member should die (i) before reaching Attained Age fifty-five (55), (ii) being Vested in the Plan, and (iii) being survived by a Spouse, his Spouse shall be entitled to a Death Benefit. No Death Benefit shall be payable if the Member is not survived by a Spouse. Such Death Benefit shall be a lump sum payment in an amount equal to the deceased Member's Current Accrued Benefit at the time of death.
153[2]3. Death After Age 55 With Spouse, Effect.
If any active Member should die (i) after reaching Attained Age fifty-five, (ii) being Vested in the Plan, and (iii) be survived by a Spouse, his Spouse shall be entitled to a Death Benefit. No Death Benefit shall be payable if the Member is not survived by a Spouse. Such Death Benefit shall be a monthly income, payable for the life of the Spouse equal to the benefit that would have been payable to such Spouse if the Member had retired on the day before his date of death and elected the form of payments specified in Section 1511.[3]2 with 100% of his reduced benefits continued to his Spouse for lifetime. Such Spouse Death Benefit payments shall commence on the first day of the month next following the Member's date of death. Notwithstanding the above, if a Member had reached his Normal Retirement Date and had made a written election as to the form of benefit payments pursuant to Section 1511, then, upon his death prior to the commencement of benefits, any Death Benefit shall be payable in accordance with such written election. If such a deceased Member had elected that his benefit be payable in the form specified in Section 1511.1 and he is survived by a Spouse, the Death Benefit provided in this Section 1532 shall nonetheless be payable to his Spouse...Attorney
Effective Date: This Ordinance shall be effective immediately upon its signature by the County Executive.
APPROVED AS TO FORM:
_____________________________ _________________________________
County Counselor
I hereby certify that the attached Ordinance, Ordinance #2503 of January 8, 1996 was duly passed on _________________________, 1996 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _______________ Nays _____________
Abstaining ___________ Absent ____________
This Ordinance is hereby transmitted to the County Executive for her signature.
____________________ __________________________________
Date Mary Jo Brogoto, Clerk of Legislature
I hereby approve the attached Ordinance #2503.
____________________ __________________________________
Date Katheryn J. Shields, County Executive