File #: 2503    Version: 0 Name: JaCo Employees' Pension Plan
Type: Ordinance Status: Passed
File created: 1/8/1996 In control: Clerk of the County Legislature
On agenda: Final action: 1/8/1996
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.
Sponsors: John Patrick Burnett
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

Body
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 Jackson County Code, 1984 is hereby repealed and two new sections enacted in lieu thereof, to be known as sections 1531.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 Aft...

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