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07
ORDINANCE NO. 4598-88
AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA,
RELATING TO THE EMPLOYEES PENSION FUND OF THE CITY OF
. CLEARWATER; AMENDING SECTION 26.38, CODE OF
_.^ ORDINANCES, TO INCREASE THE MINIMUM PENSION PAYMENT
FROM SEVENTY-FIVE DOLLARS ($75.00) TO THREE HUNDRED
DOLLARS ($300.00) PER MONTH, WITH AN EXCEPTION FOR
:. CERTAIN DEATH BENEFITS WHICH REMAINS UNCHANGED;
a PROVIDING FOR A REFERENDUM ELECTION FOR THE PURPOSE
`p
.;r OF RATIFYING THE AMENDMENT; PROVIDING AN EFFECTIVE
DATE.
i•
Y;
WHEREAS, the employees pension plan for the City of Clearwater presently
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provides for a minimum pension payment of $75.00 per month, with an exception for
certain death benefits; and
WHEREAS, the City Commission of Clearwater deems It necessary and advisable
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' to increase the minimum pension payment to $300.00 per month, subject to the same
exception, and to submit the amendment to the electors of the City for ratification;
now, therefore,
- BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. Section 26.38, Code of Ordinances, is amended to read:
Sec. 26.38. Same-Minimum.
The sum of three hundred dollars ($300.00) seventy-Ave dellars 475-.99} per
month Is hereby established as the minimum pension under this article, and any
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employee or employee's widow or widower entitled to a pension shall be entitled to a
pension of not less than three hundred dollars ($300.00) seventy-'five dollers (-$75.9}
per month; provided, however, that a widow or widower receiving fifty (50) percent of
an employee's pension under section 26.36 shall receive only the fifty (50) percent of
the employee's pension as provided b that section as herein set edt; instead of the
. minimum pension provided by this section of seventy-five dollars (476;08}per month.
Section 2. This amendment shall take effect upon the ratification thereof by a
.i majority of the qualified electors of the City voting In a general election or In a
special election called for such purpose upon the following ballot question:
'
REFERENDUM QUESTION NO. TWO
CITY OF CLEARWATER EMPLOYEES PENSION PLAN,
MINIMUM PENSION BENEFIT
;d Ordinance No. 4596-88 of the City of Clearwater, Florida, amends the City
Employees Pension Plan by Increasing the minimum pension benefit from
$75.00 per month to $300.00 per month, with an exception for certain
death benefits which remains unchanged.
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' ORD 4596-88 6/16/88
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Shall Ordinance No. 4598-88 be ratified?
Yes
No
Section 3. The referendum question set forth in Section 2 of this ordinance shall
be submitted to the electors of the City at a special election to be held concurrently
with the general presidential election on November 8, 1988, except that the City
Commission may by resolution call a special election to be held on a different date if
necessary.
Section 4. This ordinance shall take effect immediately upon adoption, except
that Section 1 shall take effect only upon ratification by the electors of the City as
provided herein.
PASSED ON FIRST READING May 19, 1988
PASSED ON SECOND AND FINAL
READING AND ADOPTED AS AMENDED June 16, 1988
Mayor-Commissioner
Attest:
Cit CIerk
Approved as.to form'
and correctness:
City Attorney
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