File #: ID 2024-389    Version: 2 Name:
Type: Resolution Status: Agenda Ready
File created: 11/12/2024 In control: Regular City Commission Meeting
On agenda: 11/20/2024 Final action:
Title: RESOLUTION - APPROVING PAYMENT OF EARNED RETIREMENT BENEFITS FOR SPECIFIC CURRENT AND FORMER MEMBERS OF THE CITY COMMISSION TO CORRECT NON-RECEIPT OF ELECTED OFFICERS' CLASS RETIREMENT BENEFITS DURING SERVICE AS A CITY OFFICIAL; PROVIDING FOR DIFFERENTIAL FORMULA; PROVIDING FOR A PUBLIC PURPOSE; PROVIDING FOR AN EFFECTIVE DATE. COMMISSIONER ARLENE R. SCHWARTZ - $51,383.62 COMMISSIONER JOANNE SIMONE - $34,542.08 FORMER COMMISSIONER LESA PEERMAN - $75,772.34
Attachments: 1. RESOLUTION, 2. RESOLUTION EXHIBIT
Date Ver.Action ByActionResultAction DetailsMeeting DetailsAudio/Video
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TO:                     Mayor and City Commission

 

FROM:                     Cale Curtis, City Manager

 

DATE:                     November 20, 2024

 

 

Title

RESOLUTION - APPROVING PAYMENT OF EARNED RETIREMENT BENEFITS FOR SPECIFIC CURRENT AND FORMER MEMBERS OF THE CITY COMMISSION TO CORRECT NON-RECEIPT OF ELECTED OFFICERS’ CLASS RETIREMENT BENEFITS DURING SERVICE AS A CITY OFFICIAL; PROVIDING FOR DIFFERENTIAL FORMULA; PROVIDING FOR A PUBLIC PURPOSE; PROVIDING FOR AN EFFECTIVE DATE.

 

COMMISSIONER ARLENE R. SCHWARTZ - $51,383.62

COMMISSIONER JOANNE SIMONE - $34,542.08

FORMER COMMISSIONER LESA PEERMAN - $75,772.34

 

Body

 

 

BACKGROUND:                                           This agenda provides for payment of earned retirement benefits to current and former Commissioners, as discussed at the November 6, 2024 City Commission meeting.

 

 

RECOMMENDATION:                     For consideration by the City Commission.

 

 

FISCAL IMPACT:                     $161,698.04

 

 

CONTACT PERSON:                     Cale Curtis, City Manager