File #: 4289    Version: 0 Name: Jackson County Employees’ Pension Plan
Type: Ordinance Status: Passed
File created: 2/7/2011 In control: Finance and Audit Committee
On agenda: 2/7/2011 Final action: 2/22/2011
Title: AN ORDINANCE repealing sections 1503.17, 1503.22, 1503.25, 1503.31, 1511., 1532., 1533., and 1573., Jackson County Code, 1984, relating to the Jackson County Employees' Pension Plan, and enacting, in lieu thereof, four new sections and five new subsections relating to the same subject.
Sponsors: Scott Burnett
Indexes: JACKSON COUNTY CODE, PENSION PLAN
Attachments: 1. 4289adopt.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Corrected 2/23/11

Title
AN ORDINANCE repealing sections 1503.17, 1503.22, 1503.25, 1503.31, 1511., 1532., 1533., and 1573., Jackson County Code, 1984, relating to the Jackson County Employees' Pension Plan, and enacting, in lieu thereof, four new sections and five new subsections relating to the same subject.


Intro
ORDINANCE #4289, February 7, 2011

INTRODUCED BY Scott Burnett, County Legislator


Body
WHEREAS, special counsel for the Pension Plan Board of Trustees has recommended certain minor revisions to the Plan to comply with recent United States Internal Revenue Services regulations; and,

WHEREAS, the Board itself has recommended additional revisions to the Plan to ensure consistency with the anti-discrimination provisions of the 2010 County Charter which became effective August 23, 2010; and,

WHEREAS, the proposal revisions 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. Sections 1503.17, 1503.22, 1503.25, 1503.31, 1511., 1532., 1533., and 1573., Jackson County Code, 1984, are hereby repealed and four new sections and five new subsections enacted in lieu thereof, to be known as sections 1503.17, 1503.22, 1503.23, 1503.26, 1503.32, 1511., 1532., 1533., and 1573., to read as follows, with the remaining existing subsections of section 1503. to be renumbered accordingly:

1503.17 Death Benefit.
The term "Death Benefit" shall mean any benefit paid to a Spouse, Domestic Partner, or Beneficiary at the death of a Member, Disabled Member, or Retired Member, as provided under the terms of the Plan.

1503.22 Distributee.
The term "Distributee" shall include an Employee or former Employee, or the Employee's or former Employee's surviving spouse. Effective January 1, 2010, a Distributee includes an Empl...

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