File #: 4709    Version: Name: repealing subsections jackson County Code relating to Employees Pension Plan
Type: Ordinance Status: Passed
File created: 12/4/2014 In control: Finance and Audit Committee
On agenda: 12/8/2014 Final action: 12/15/2014
Title: AN ORDINANCE repealing subsections 1503.14, 1503.35, 1503.39, and 1503.45 and sections 1505., 1523., 1550., 1570., 1571., and 1572., Jackson County Code, 1984, relating to the Jackson County Employees Pension Plan, and enacting, in lieu thereof, four new subsections and five new sections relating to the same subject.
Indexes: JACKSON COUNTY CODE, PENSION PLAN
Attachments: 1. 4709adopt.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
AN ORDINANCE repealing subsections 1503.14, 1503.35, 1503.39, and 1503.45 and sections 1505., 1523., 1550., 1570., 1571., and 1572., Jackson County Code, 1984, relating to the Jackson County Employees Pension Plan, and enacting, in lieu thereof, four new subsections and five new sections relating to the same subject.


Intro
ORDINANCE NO. 4709, December 8, 2014

INTRODUCED BY Dennis Waits, Theresa Garza Ruiz, Crystal Williams, Fred Arbanas,
Scott Burnett, Kenneth T. Bacchus, Dan Tarwater, Greg Grounds, Bob Spence, County Legislators


Body
WHEREAS, the Jackson County Veterans Task Force and Pension Plan Board of Trustees have both recommended that the Jackson County Employees' Pension Plan be amended to allow military veterans employed by the County to purchase a year of credited service in the Plan for each full year of military service, up to four years total; and

WHEREAS, it is also appropriate that certain sections of the Plan be amended to make clear the property right that Plan members enjoy in the Plan's benefits and the County's obligation to fund the Plan; and

WHEREAS, such amendments to the Plan are in the best interests of the health, welfare, and safety 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.
Subsections 1503.14, 1503.35, 1503.39, and 1503.45 and sections 1505., 1523., 1550., 1570., 1571., and 1572., Jackson County Code, 1984, are hereby repealed, and four new subsections and five new sections enacted in lieu thereof, to be known as subsections 1503.14, 1503.35, 1503.39, and 1503.45 and sections 1505., 1523., 1550., 1570., and 1572., to read as follows:

1503.14 Credited Service.
The term "Credited Service" shall mean the number of years and months of employment for which a Member is given credit for the purpose of calculati...

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