File #: 2639    Version: 0 Name: JaCo Employees' Pension Plan.
Type: Ordinance Status: Passed
File created: 2/24/1997 In control: Finance and Audit Committee
On agenda: Final action: 3/10/1997
Title: AN ORDINANCE repealing §§1531. and 1532., and 1533., 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
Indexes: JACKSON COUNTY CODE, PENSION PLAN
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE repealing §§1531. and 1532., and 1533., 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 2639, February 24, 1997

INTRODUCED BY John Patrick Burnett, County Legislator

Body
WHEREAS, in the 1997 Jackson County budget, the County has, for the first time, made available funds to provide a death benefit for unmarried employees who are vested in the County's pension plan; and,

WHEREAS, the Pension Plan Administration Committee has recommended that the Plan be amended to provide this benefit ; and,

WHEREAS, under the proposed amendment, unmarried employees who are vested in the Plan will now be able to designate a survivor to receive a lump sum death benefit, which had previously been available only to spouses of married employees; and,

WHEREAS, the proposed amendment is 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. Section 1531., 1532., and 1533., Jackson County Code, 1984 are hereby repealed and two new sections enacted in lieu thereof, to be known as sections 1532. and 1533., to read as follows:

1531. [Death Prior to Age 55 and No Spouse, Effect.
If an active Member should die (i) before reaching Attained Age fifty-five (55) 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.] RESERVED

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 payabl...

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