File #: 19385    Version: 0 Name: Pension Plan Board of Trustees actuarial statement
Type: Resolution Status: Passed
File created: 2/2/2017 In control: County Legislature
On agenda: 2/6/2017 Final action: 2/6/2017
Title: A RESOLUTION requesting the Pension Plan Board of Trustees to commission an actuarial statement of the costs of implementing a proposal to increase the Pension Plan benefits of certain associates within the Sheriff's Office.
Sponsors: Dan Tarwater III
Indexes: PENSION PLAN BOARD OF TRUSTEES, SHERIFF'S DEPARTMENT
Code sections: 1541 - Jackson County Code, 1984
Attachments: 1. 19385adopt
Related files: 19447

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION requesting the Pension Plan Board of Trustees to commission an actuarial statement of the costs of implementing a proposal to increase the Pension Plan benefits of certain associates within the Sheriff’s Office.

 

 

Intro

RESOLUTION NO. 19385, February 6, 2017

                     

INTRODUCED BY Dan Tarwater III, County Legislator

 

 

Body

 WHEREAS, the Legislature has become aware of a proposal by the Fraternal Order of Police, West Central Missouri Regional Lodge 50, which is the labor organization representing sworn deputy sheriffs and sergeants within the Sheriff’s Office, to increase the benefits of members of its bargaining unit under the Jackson County Employees’ Pension Plan, as is more fully set out in the document attached hereto as “Exhibit A”; and,

 

WHEREAS, section 105.665 of the Revision Statutes of Missouri requires that, before the Legislature can take any final action on such a change in plan benefits, the Legislature must cause to be prepared a statement regarding the cost of such change, meeting the requirements of the statute; and,

 

WHEREAS, the Pension Plan Board of Trustees is charged by section 1541. Jackson County Code, 1984, with the overall governance of the Pension Plan and, under the authority of that same section, may engage an actuary or other experts, advisors, and consultants to provide technical advice regarding the Plan; and,

 

WHEREAS, the Legislature finds it to be in the best interests of the health, safety, and welfare of the citizens of Jackson County for the Pension Plan Board of Trustees to commission an actuarial statement of the costs of implementing the Fraternal Order of Police’s proposed increase in Plan benefits; now therefore,

 

BE IT RESOLVED that the Pension Plan Board of Trustees be and hereby is requested to commission an actuarial statement of the costs of implementing the Fraternal Order of Police’s proposed increase in Plan benefits, meeting the requirements of section 105.665, RSMo.

 

                                                                                                         

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

 

 

______________________________                                            _______________________________

Chief Deputy County Counselor                                                               County Counselor

 

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution No. 19385 of February 6, 2017, was duly passed on February 6, 2017 by the Jackson County Legislature.  The votes thereon were as follows:

                     

 

                                          Yeas ________9_________                     Nays _____0_______

 

 

                                          Abstaining _____0_______                     Absent ____0________

 

 

 

 

 

______________________                                                                 ________________________________

Date                                                                                                                                                   Mary Jo Spino, Clerk of Legislature