HomeMy WebLinkAbout2012 Ordinance No. 002BY AU THO RITY
OKD INA 'C F :-10 . L
SERIES OF 2012
COUNC n , l)LLL NO. I
INTROD U ED ll Y CO UN C IL
~!EMBER WOO DW ,\JU)
AN !U)I ANC'E AM E:-ll)ING TI T LF \ CH.~PT ER 4. 0 1 Tiff FNi il Fwoon Ml N ICIPAI
CODE 2000 . UPDA T[J\'G TI!E \JONE •IERGENCY l'MP I.O YEE RETLR.E MFN 'I !'I A.
(NERl').
\VHE RE1\S . the· NonErncrg~ncy E111 pl oyt.c~ Rc11rc mcnt Phm cha ng::s we r e rc co nm1cnd ccl by
the Rv.1rd on Nuvt.:nbcr 15 .::!(111, a nd
\VHE REAS . changes need 10 be mad r 10 1hc N fl 11 h n crl!,e ncy Empl oyee~ R c1ircml'nt !-'Ian
(NE l{P) 10 bnn~ the pl an up to dot e. inc ludi ng:
Rt:j)!ac111g lhe un dciinrd tc::nn Accrued Pcnc;1 on \\ 11h th e dcfrnt'd te ;--m Ac cnic.:J Lkn:fit.
C!an fin g the dea th benefi t fo r a non-spousa l benefi c1,ll"y :ind cha ng ...: the.: cum:11 1 mortality
w blc to the 1994 t\•lorta lt ty l able, !h~fe ch:mgcs mn ke the P lan cor.s 1stcn1 \\'It h ;1cn.:a n al
c.rnnrla rd ,;;
Clanfiog the langirngc all O\\ in g a M t:rnbcr , Dt.:fc.:nc.:d Vc sicJ ~h;ml,e1 or d1 sa hlt:d
Member 10 designate the ir be nefi c iary of cho:cc and :--cqu inng :1 s p usa l w:11ver if
marr ie d.
Cl arifin g fu nds tra nsferred fro m the onEm crgenc y E111pl oyees Reu .rc mcn l Plan 10 the
mo ne y pu rc ha se pl:m ca1u101 be :ransfu red bac k.
NOW, THEREF ORE, B E IT R.D A INED BY TI IT: crrY COLJNC IL OF THE CITY OF
El-JG LEWOOD, CO i ORAD O, TH.A T :
Senion I. The Cny Connci l of the C11y of Er.glewood, Col0rn do hereby a uthon zes a:nc nd ing
I 11 \e 3, Chaplcr 4, Secuon 1, Subsect io n '.!(C), oi th c Fn~1 cw ~od M un:c 1pal Cude.: :!.000 , Lu 1t.:ad a~
fo llcm s·
.\-4-1 -1 : l)cftni llU US.
Unkss tht: comext ot htrwise requi res, tht: defmn iuns and gcncr"\I ('fV\1S10:is co ntain ed m 1:us
Subse.:t10 11 go\C:m :he l \H1Strw.:1 1uu of thi s restated Phn.
C Act uanal (or AclUari a ll y) Eq ui va lc:111 mea ns equal ity L11 \'ttl ue :: f the aggregate amount s
cx pc:ctcd to be rccc 1vcd uod cr di ffer ent fonru of ?3)TICn t b,\5e ,! on interest r.1 tc and rn on a l•:y
ass um;Hio ns as defi ned be low unl es:, otherw ise s;.-,ecitic~ll y prov ided m the Pl.1 11
9 b i
l111 i.;1cs1 l{a u.: Ass u11111 t1t 111 fo1 ,\li e, 11 ;1t ,vc l'cr:c,d 1c IJ cncfils T he. 111 11,;1 .:sl 1:tlc 11 ;,:.:d for
p 1111-x,)-;cs o r c omputi ng nl1em u1ivc periodi c for ms of hc m ·fi1$ !:lh:i ll l.>t:: 7.) 11c:1 cn !
dft:i.:11 Yc l ;rnua1-1 l , J<J}:<i .
l n1 1~u·,1 R.1 1t· \s:rnmpl1 on ln \111c:,lc-Su1:1 l':1y111c111, IJ!t..,;t 1\IC' fer 1hcc;;,lcm!.11 J'l'.,11
l)r.:g in111n i:; ,,11 .l :111 u:11 y I , J ()~( •• :11 1,I f111 1'.:1t ·h 1•·,lrnd :1 1 y,·:11 l11 ll 11w 111 :~ sc qui..:m1 ;1:ly
1 hc rcnft r.::·. the irtcrcr.1 1;11 c ur.cd !.,, pi 11ll 1::cs 111 co 111p111 11 ,g :ll'g lc-1,.111 11 p:1yin cnti: ,l1;1ll h e·
1 lic i1111m:d i.,t l· a 11 11u11 y 1,ll i..: (stiilJ1.,l'.I lo .,cl 1u~:tn 11 •. n1 :1s n.:t1 11 1rul 10 1 di..:fc 111..:d :,nnu111.;::,1 w:cd
hv 1hc l 'l·n"-H H\ l ~t'nc:i1 (iu,11 ;i 111 yCorm11,1uc 11 1,1 ,;td tlir l .1 111 1;11)' 1" ,t1 1c1.k 11 \,1'h 11r
p 11.;ccd1 11 :; t'1c d,11, .1:: 1, wl11d 1 th .:: .m11 11 • d tl l! :1\\1.,1 11 :ill Vl. ,0;·1 11 lll lu.:11d ll , hi:u1g
dcicn rn n:.:d licn.:111 11 1
F l r..:~11 vc Jt+l-y-h -l.O Q.U l1tn:1rv l_ ~c1_1.: 11, .. 1,', r1.1l:1y a::::;u1 n pti ,,n fo r c:--1lcul:1t 1cw ,.h:111
he;;1 UlllSCX ra te thnt is fifl y pcn.:1:::11 (~t,·•,,, \I. L~, :iny perc ent (S C•%) rcn~,il c, 1,il,cn
lrom th e W~ .J.22i gro .i p '" "m it J 1111)1'1 .tl1 t>' u1hlc . F ·J c ~ly_t..,l.222..!~~
l)c~c11)~.J.t 2 1 ~ 1th ;1',._;.1.!__:.:.Y..2 ,>..:,;'\i n <; 1.1Jl .h.!,WLillll~ .. J:11~fiy
pcrc~u {.iilroL111!}.~_.i Oi'...l't;l~G.1lLOl l t,)J J:1}1:i)_e,); kt.:n r(rn 1h~ 1VJ.l~!.!!l!IE!!!ill.!11Y
1 n ·1: li1 y_t~!J.i l'rinr 111 J1il 1 1. 1cJ9c;, ~:m.h 1111J1 t;11\y :1(;S t1m p l1t1 11 :,h:dl J,c a 11 11 1:,cx
ra l c h:1 1 I!, fi fl y !J l:IU.ll l (S:1 1}}) m:ilc, r,n :,· !'l.'l..'l'lll i_.'ifl"/,.) f1·m.d1•, 1.1h:11 r1,111 the J 1)7!
g 1 111 p ,II HIH 1y ll1fJl'li il 11 y 111hlc.
b S,,lcly l u r pt n pose. u l \n ti 1,11 l-•1-1 t1;,6 , hl.1 t.:!1f, 0 11 .i nd :tiler ~111 11 1;1w-l._..µ}JJ
!illlW.!D~. J., .. :ul.11 . t K rn ,1 rt.1lny ass11111 pl 1n 11 1or cn ku•a\1011 sh;1.I be ;i 1111 1~:1.:> ra1c th:11
i~ fi fly pcrcrn t (5O .1/u • :11;1b, •i hy :>c 1u·111 (50 1.li,) ft.:rna lc, taken fr o111 1hc 4-1}!,,.~ ~l~
!.!rrnip :l1rnu t1 y mrn 1;i\1 1y 1;,hl c . In hi.: c:1se c11'd 1s1,nhu1 in11 w11 h ,nm1111 v ~taltlllJ..: d:ncc;
011 m :ift c1 DL.-cc 1n1;t1 11. ?002, the ffl qr1.d1 ty lah lr 11:(·tl 11, ad j 1o,;1 ;my ht:ncfit or
l1111 1l,1t1011 u11dt.:1 C,Jtl.! ~ ' ' •: 1 S(n)(2)(1i), (C \, ur (fl) :1s ~<.:l f'1111h m Scc1irJ/l J-l-
l (,-1 uf Tht: Pla u 1\ tl1c L.i\•k :,icc.::.nbcd .l )' lh:.v Hui ~001 -<~2 .
ficc t inn 2. T he C it y Coun c1: ol the Cny c1: l:ng l cw('l uc\, Col orado ln.:rd,y ,11llhcaw.:s :uncn ci m ~
T it le 1, C.h:1p :er 4, Scct1<1n 7. Su hscc tion 5, o'.lhc Engl ewoo d Mu 111 t:1pal Code 200 0, 10 react as
llol low i_·
orrnal Fo , 111 o l Pa yment.
l Jnl c"-S npt 1u11i.1 I bc11c fi1 ~ h;1 ,11.: hr.:cn clccH.:d o r ;irc_j}!:.~ purs u;m t tr S1.:i;:1u11 3-4-8 hc1 t,;.-,f. the:
11,.;iL 111 nth ly retn cme111 hc:lcli t , c11 111putccl rts set fo rl h rt hovc, sh all Li e a ten (JO) yearccrt <.i n a nti
life ben efit. Such bt:ncfi l shall bi: in L:qu:i l nwnthl y p;1y1rn.:n 1s co mncncmg 0·1 the fir st da y of' the
1110111h ll<'X I rn l!,1w 1n1•, the re· lt'l'll1Cl11 il:1 1~. ;md C{H)I i:1t 1i ng il l l1'1(lll thly in1 c rv;1 s fo r ,1 ;1c~1nc l n r Ollt;
1n mdre<I m 1,c1.:c 11 {1 19) :.i dcii ti o11 :il 1no nth s and I~,, 1h<.: rt.:t1 1L·d 1ncmli 1.:1's lif.'>t inir-1l-c 1:·;1~11·r '1'1 1~·
l.i ~I l,.,;1u::f"1 1 p11 ymc111 :-.l n ll be ma de 1rn lhc fi 1st cla y o f the nwnth o!'thc 1ct i1 cJ 111c m bc r s d c:1l h,
rn 1l ess p :iym cn ts lw vc bc.:cn millt fur fcwc.:1 tlw 11 o n e hu111J1 cd lwc nly (1 20) mo 111 h~, 1n wh1d 1
cv:;nt p nymc nl s sh.di b:; cont rnucd m the: named bene fic iJry , Cci!s in g wh en an ;,gg rega c nr u11c
;,l'lldrcd :wsl1'y (120) r:io st hl y pn ymen ts hav e bct n mad e to th e rtl!rcd memb er .1ncl hrs/her
lH!nr.rici a ry If the reti red mcm bi:r i> ma rr ied at th:: ti me benefits arc to co:nmcncc , the spc,usol
cons!:nt rcqum:ment s o f Subsrc1·nn 1.-4-8-2 hereof mu st be met be for e pa ymi;n ts under thi s
Sccl !OJI comnu:n c e .
2
IJ1 th e event that no bcne li c rn ry 1s li vin g at the de n th of s uch re tir ed me m be r , the ac tuari al
equ i\'J lr m \'a lue o f the montl1I) insta ll me nts fo r th e ha l:111c~ ci f the tcrn1 c.:enam wi ll bt compu 1cd
a nd pmd m one sum to 1hc cstatc of the n:urcd 111c11 .ber If at 1he dea th o f Lhe :ast sur\'1\'ing
hc1:efic:af) l'ul ll.1 wi :1g tlw U:.::n tl u:~ U1 :: .:1i1~ 1rn:mli~r. monthly 111 '.a'.iments r."ve no ! :,-et been
pat d fo r the 1enn ccn a in. the.: actu ,m al cq111 \·alent \'a lu c of the mst,1Umc nt s fo r th e ba lance of the
tenn cc:n:-un will be comp1Jtcd ·nd pai d lit one c.um '..O 1he esta te C'fthc las1 surv 1"111g hcn d ic1 ary.
As p rc1\·1ded b) Su bse c u on J . .:.. J 6-2 hcri;of. rc urerncn t be nefits 11 1ay be s::s pL'nd cd for c1 rc:ired
n1 c·:nbcr du n ng a pen od ,,,r cmp lnymcnl su bsl'quc n1 to li is'1 1er ac~ual retirt:mc:nt datl' durin g
w}uch he 1~he 1s rchir::d nJ 1 c,:,;t \'lll g compt:nsJtion as :m cmp lo vcc of tht C 1:y. !\,lont hly
pa)1nent:-. '-l•a l\ comm c11cc a n:t be dc 1crm mc d pursua nt t such SJ bscctio!l 3-4-16 -~ ht.:rcC1 f.
cccon ] . The C1ty Co un.;1! of the ·11 y of En gle\,ond. Co lo:-a do herehy au1hrr11.r~ Jmend in g
T ,t:c 3, Cria oter 4. Sec uon 8 Su bscc11on I. of the F.n lc wood Muni c,oa l Code 20011, tc, read as
fo llo w~:
3 -4-8-1: l;e ucral.
Subj ect 1ci s uch uni fo rm ru les and rcgulnt 1ons as tb t: r::u re ment board ma y p rcscri:,l: ond tl:c
rcs .rit:t1u 11~ Lt'1111 ,1111 cd in th 1~ Scc lill n :,-;.g hereo f, a membe r or vc:nc<l 111 ..:mbcr mu v, 111 lieu o f
th e baSIC rc11r·."1 :nt ~ cfi ts pr,,n dcd in Scc11o n 3-4-7 1.crev f, e lect one of t he foll~w ing form , of
rcll re m,.nt b•·m ·1~ ·•· Ll l.'.h sha\! be the actuan al equ1v.i lun1 oithe benefi t ~o w hich he v·o u ld
othcrw1 St: .'.'~ .. ntll !. ~. ;lhi. case oL, rp_a ' . \1e-mb\'[ wh o~t-~[XUld.C.do..f'i: 02.Ll-:fm"Cl)I fl.)
~rj l,.r!.!,1 Sccqr,-k -4 -·' · £Q.!L®ru,nr sha1J .brn1(ll le acc~YJ 0J Q Sect io n}-~
The: member or ·.i csted mcmher n 11.1 st takt: any election of an ci ptia nal b enefi t 111 w:itm ~. a nd s u:.:li
elc::t10n m u{\ be fi led \,.ii :.h lhe re !lfc mcn t bo Jrd at !cast 1h 1r1y ()0) d;:.ys prior t the cil.c date: o f
the fi rn pa)ment of rett reme ut benefi ts under the p'.a n. Th e ele ctto n of an option ma y be change d
at an) t1 111C"' ?nor I(' t 1in ) (JO) J ays p;cccdi nr the due d J tc c,f the fi rst pa:.'l ncnt o f retireme111
ben efit s un de r the plan Howev er . an opt1011al i"o nn of pl)1ncnt may not be d ected unl~ss th e
va lue of the pay:ne nt s expected to be paid to tr.e me mber exc eeds ti t.·· per ce nt (5U%) of the
value of thi.: to tal bc:-nc.-fits to be: p :ud un der s uet, op11nn;il fo r·n
Section 4. ·r1c City Co unc il of the C tt y of Englcw0o cl , Co lora do hc.:rcl f uutl 1vlil1::i a1!ll: .. d u1g
T itle 3. Chapt er 4. Sectio n 8. Su bscc11o n 7. of :he En~lewood Muni cipa l C~dc 20 00, to rea d as
fo ll ws
3-4-R-7: Beneficia r y
T he Mcmbc.:r or V e st ed Me mber mu st dcs ;gn:uc h is 8 cr.cik1:iry in \,•nti ng 1f 11 11 or .1fter J:m u ;iry
I , 1987. J marned 1embcr or V cs1ecl C\•lt:mber wi shes to dcsi~rn lc !>D m eo nc oth er lhnn h1 s
s pou se 10 be a pn mary Benc tk 1ary \o r wi she s 10 cci nt 111u c:. af1 er .l:m ua r y 1, 19 87, s ucl1 a
d1~~1H nl'!1ion 111 1\rl· p n or i•"' Ja1h1 a,-,· I . 1987). su:.:h dc!->ig·nn 1io11 wil l not bci.:n n1 !.! (or co irinuc to he)
effect!\'C u r:J ess his sp0n1,t· (1fhis spouge can be I ca 1cd) co m•t.:nt s in w ri ting to sLc h dcsi~n::i t1o n
(or fonn or h e ncflts ) w111 ch may 11ui Le d 1J 11gct.l \\ itbvu. ~µ,,.,u:,.d 1,;.011s cn1 (o r the conse nt of the
s pouse express!\ pernut s dcs1µnat1 ons hy the Mem:ler or Ves ted Mem b er wi1 ho u1 ;my
rcq uirein en: ot furt her conse:1 1 by the spo use ), acknowlcd0 cs the cffo ct c f ;;uch des ign ation an d
has :.uch consent :m d ad ..nowl edgmcn1 witne!:t,cd by .i P\,.n re pre!':cn:ative ◊r ::i notJ.ry pu b :ic
Suc h de-signat io n sha ll bt m~{d e i:1 writi ng upon a fo nn ;:>rO\'i dL:d by the Re tirement l:l oa;d and
s ha ll be file d \\'1th the Reu re:nern BoJ rd. The la st such J t:Si lPK-H io n h leci with the Reti remelll
B eard shall c ntro l. ~i:mb er nr Vf>i:1e:ci M,r.n1be-r mn,;.!itsHUJill q\f.frn:m enefi c i~~
Rli,.QJ' brn,fill. ~mco 1 Rc~-1_u~_._(ow11h b,,J&W~ n ~lll±.2.
3
Scl.lJ1 ,1!) ·1·1u.:. C11y _ .. ounc.:i l C'f lhc Ci ty of En gb v..ood , Colorn do hereby nuth or i1.c<: :nnend mg
·11ll t 1 , Ch;1pl~\' ~. Sc:ct :on 9 . Suh~1.:c\1•111 I , rif the Eng lc wt•l •<l hhm Kill'li Cclcic 2000, In ,end r.~
lolkw,;.:
:\-4 -9-1: n cn t11 ,,i :in A cti ve M l·mhcr with Fi n .· (S I 11r '.\1flrt \'c:11 ·1i 1'1 S l-r,in.
II :11 . 11c t1 v1.; M c 1:,hcr tlics ,flc 1 c11 1111\lcl1nl.!, li vt· (:,i :11 more vc.::1 1:-of serv11x, Il l\; '-tll'\'l\111:: .-.;•·n1..,_.
"h·d ! n~c·1·1v1· fi fly p1:rccn 1 ( "0'}0) o f 1l 1t i\kmhc1 ·~ .1<:t.:a1c cl ht.a1cfi 1 for n nr hundred 1wi.:11\} { I :'O)
mo11 tlt , l"t•nai;, :m d li re th :.:rcah1..·1 ll owc•vf!r if'tiw ~po11 '-:c is :11ort.: t han liw (~! yt::ll's yrnm~c ;
lhan Ll.1..· Mc111hcr. tlw 1111)n 1h ly hcn~fi t .; will ht:, .. duccd "I}' o ne· :md r1 n e-h.1l f pr ·1rr~nt ( I 51~.) f"r,1
t;:1.._h ~•cm th.it ll1.,;.11 dd fcrent.:c.: m :1 /!t; excee::d:; fi,..1.. (:") year,; i f the Me1 :1b1.;r t!-111,1 t;l ir v1vc:d hy .,
:,p(111!-.1.., ~!.!.J~,,1'il~-~ ~ :n,~, ~1~J ½.1u-~.ti~U!.:~l,rulli!SL~l:...;,.1~0 · 1 't(1
St.:.cJi1v.1_.1;;.!..-lt.:J ,_!.b.£ hi .. <l c..,ignatcd l.,1.,;:1c ll1.,;1:..11 y shall rt.:c.:.c ive fit':y pt.::·ccn! (50%) nf lh c !vlcmhcr',;
t1 'lH1ll1l y ;, lccru ccl bJ>.t:ndit for one hund rrd 1wenty ( 120 ) 11i.111t l 1~ c,;1,.:i l,111 1. If tl1 c.; Mc mb c1 i:-11Cl l
~ur, 1v .:d hy ;1 :.m.2.11._s..~ de signated Bc1 1cf a HII")', the one.: hundn.:rl :w-.;nt y 112f)) mo11 th ly payn, ... ,11
-:h,111 he: c.,o !up ulcd and p~iicl in ., single ~;um 10 the Mc111hc r's ::,ta lc. I h.: r:1y11 1t.:1H to the surviv111:.;
!-.pu u:,t· di u..:sig nai ccl Bcnc fic i,ir ) w1ll 1.:1111m1.:nc,; 011 th e fi r st d.i y ol'lhl.'. 1nnn ll !U ll owi11g l hc.: ~b .c
n' Lhl' Mt.:mhcr's dca lh, 01 1f la1 c1. th ('. <lat<: lh c ~•'.c111b c.:1 would h:1v1..: alf 111 e<I ;1gl" lift; fin; (5~) If
:i 1',.~c 111 lw1 's rl r.at h or.c:11r, p 11r1r 111 l11 s lif1y-fift!i (55th) b11 ll1d ay. 1hc Rc111 c1nc11 · nwud 11i:1y cl cc t,
'w it h tlH.: cons:.;111 c,r tl 1e Mi.:1tlht.:1'!: •:pnw,r rl1•s t"1.1 1,:,I I tc11dic 11tl'y or csl,1\c 111 pay ti•<· -.p<1u ~t!.
lkncf:<.:w ry or i.:r:1;11C :1 !:rn;;lc i,uin p 1y1 11c111 at thl' 11mc (If the ML'mh:.:r1
, dl':11h . ,·,1u:d I r'! Ille
J\L.l.1:11 Jil l Eq uh.i lc nl c.d th e p nvm c1 :1 dm when 1hc Mcmhc1 wt•ulJ !.:I\~ ~ll:1111t·d .1gc..: ·ifty -:l ve
(55 ,.
Sct'l~. I ht City ( 01 .ndl "If the t ·11~ o :· r:.11 ~:lt.:wn1 ,d, L'o lo 1ath, lu.:1d1~ .1uth11111.t.:~ ,1 1111.,;nd 1n~
Tiile 3, Chapt c 1 4. Sec:1on 1J, Su 1!-.cc t 111n :!. ol tht.: E.uglc:w,,o<I Mun 1, 1 ('ode 2000. to re nd as
fo ll , • .,. . .._:
In t.i ..:, eve.mt :1 Vc~ted M ember o r a di -:;ihleJ Mc111 b1·1 d i,,._ pnor 111 !he .:n 1111 1cm:cm.:.:m o l
pr1y 111 l;n1•; :'ro m t he Pinn , the :;ur viv ing::pnust: i;iw \1 rt.:1...r.:1vc f1f1y perc<.:1ll (50n,~,) oflk : Mt·mh t~r'!-
/,<·c 1 L1~d lk11di L for on e h undred lwcnl)' {'. 20) mnnlh J cc:·rnin and life-thcr 1.·a !h :r. How ever, :f the
s p1,w:..: i!-.111o rr Lil .Lil fi vt: (5 ) y:.:ar~ y u11 g1.:i cha n the Member, 1:1c m0 mhl)1 li..;1 :d i t will he reduced
l'y 1111c :~11<: 0 11L'-ha lf p l r zn: ( \ .5%J fo r each ye:11 that t:1ci1 r.1;1Tc 1r::11L:t: iu 11gc 1.'.XC,.t,;t'Cl ::c, five (5 ,
yc.1 1 s . Ir tht.: lvlc mht:r I~ 110 1 SUIVIVCd by~ ~p ous~ . 'le S ll~C coni-cm~ IQ 3 (lt!s~gwilll.Q.
,!J&11di ~'._;:1ry wlJ£!...lli:11L ·b . ~ ~~~ iJ.!&c;.odi!lJU!:!,~c 1) 1 -l-'-... ~HS ~ dcs if.!na tccl Henc fi r· , .. y
~h .1ll 1cc1.."1Vt", lihy pcrc~nt (50%~ of t he 'v1•.,n ,1.:1's month l;· A c1 ni cd u~ndi t fi r on e hun d1.
1wr 11 ty ( 120) rn1mt hs c c 11a 1:1. If the Mcmbc1 ,~ 1101 surviv ed b~ ~ sn1lli:-.e .(11 dec;1pw tcd
lk11dic i:.11 y, t h r: ('l n l' h 1in,l1t:d twf'ntv l \ 'l()) 1rn>11th ly p;1yrncn ts ,;;hJ\I be CO lllj"H h Cd and paid in a
sillr].IC ::um tC"I th e Member\ c~tatc '1'1,c p11 1111cnt 1C1 lh c '-:nrvivi·,e, sprn 1,;;<• c11 <l1~'-ic11 at ecl
Licnc li ci a ry will co mmenc e rm ·her, ::t day c,fthc 111-'lll h 1(, lr1w111g 1ht: dal : ,1f thi· M1.:mhl'r\
dcmh. ui if later, 1hc: dnLc th e M•·:~.:.,cr would luivc nttamccl !ifty five (55). lf:1 Mt..:111bL!r's dea th
occu r!'.:, p rior ro h is fifty.fiflh (53 th ) Ui ilhtlay, 1he Rc 111cmc111 Lil artl nuydc,·t , w11h 1h c cr,:1--;cnt of
lh(• M e mber's s•)ou se , dcsignmed Be ndicilry or c;;t~uc to J)lt)' the s puu~I.'., llcucfo.a..1 1y lll c~t~tc a
~ingle s·.1 m p :l~·mcnt at the 11mc ol the Mcmb~r •s dca:li , equal to the A:;1uanal Equivalent o f till'
µavmc nt due ~h en th e tvl ernbe, would have ntt aincd a 1c lit:y-li vc (55 ).
Sec.:tton '· The Ci ty Couni;1l of th e Cny o t 1.:.nglewo nd : C I rc1 c.l o hc rc:by auth onzes am end ing
Tu it· J , C:h:~p1n 4, c;;;rc·t ir.n Q. Su h ,cct1o n 3. ofrhe En glcwocxl i\funi ci p;i l rr,de ~000 , 10 n:;id as
fo\km ·s:
3-4-9-3: Dea th of a u Acth1r J\'lemhcr Bct-wc r n No rmal and De layed Rclirc mcnt Dat es.
In the evi.:nt u Member conti nu e~ u1 C ity cmp lO)me:it :1 th :r his nurm~I ret irement date and ~il e r.
bdore act u .. i'.~· re tirin g, 1hen he shall bt: dt.:cmeJ to hav e re tire-cl on t l:t: fir st day of the i..:a\end :ir
1~1onth 111 wl uc l, he dies . Ir an opu ona l lorm or payment has JL:cn elec ted fill.Clt he J\'lc mhq 1s...n ,1
=i..l:li!l.l!l;.;u r 1f~e c nsc1 t, !.Li cle s i nated B · 1 ·fi ci ' t 'CJ_j)j l_lJ1JlliUi use
E..~ Ii' S,;-1.i,on ;-4-8-7 tiJ(;_R t Be t efi c1a~shall 1cce 1vc one hundred perce nt
(100%) u i tlt1; fvk111lie1 ·. LW.!J.!1.!!!X Aci.:1 ui::d Bc u~fit for on e hun d 1ed c•.v enty (l 20 ) 111u11l :1~ e,c1 tn in .
If the Yl cmhe r is not surv:vec by a~ dcStgnated Bene fi cia ry , th e ooe hundtcd 1wc111 y
( 120) monthly pr1ym'!nt s sh,·ll be co mpu 1cd nn d paid in ;1 sin gle sum Lo tl·e /'Vl t·rnbc r's eswt r .
Dc,n h hc::uefit p .:l ytl'lt nt 5 shal co mme nce: on the fir s! <la y of 1h c month fo ll owi ng 1h,'. M ember's
deat h.
Section &. T h~ Ci ty Coun:1\ o f the C:1 1~ of Eng le wood . Co lorad o here bv a uthon zes amendi:ig
Tit le 3, Chapte r 4, Sect ion 9, Su bstcti )n 5. of the fnglewo od Muni ci pal Cod e 2000, to rea d as
fu !l uws
.3-4-9-5 : S upplc nn:11tal Dc,1 tb Bene fi t for M e mber s II ired P r io r t o J amrn ry 1, 1976.
ln addi ti on to th e death benefi t pri•vi ded in Sub sectio ns 1, 2 an d 3. o f this Sectton 9. a !um;:, su:11
supp lementa l benefi1 shall be pa yabl e to the s pouse Qr...J,U.~
Sc ct io 1 .~. .lQ..t~ design ated Be neft ciarv of any <1ctivt: Mcmbt:1 , Vc 31ed Membe r o r d 1sab !td
Member who dies prior to the co r.une ncerne nt of n::1 rc mcnt benefit payme nts from the PIRn. T ne
su pp lementa l death benefit shu ll h<.· equ al to th<.· amou nt of accumulmcd co ntribut ions .:is c,i hia
da t: of ,:lca1'.1 plu s tw o p ercent (~%) of the co mp ensatio n received by him sub:;t.:q ucnt !O
Dec em ber 31, 19 75 and prior to January 1. 1903. If such Membe r ts no t surv ive d by a dcs i,s ia tecl
Bcn!:ficiary, the lump s um pa yme nt shi.11 be m.i <lc to h i!, es tate
cct10 n 9. T:1t.: Ci ty Counc il of the City of Eng !~wood . C<1 lor.1do hereby amh onze !-am ending
Tt t!e \ Chap ter 4 . Scc tt on 14. Sunscc:ion 2. of th e Englewoo d Munic ipa l Co de 2000, ,o read as
follo ws:
3-4-14-2: Amendmenl.
The Ci 1y reserv i;:s Lhe right t0 :i lt cr. :m1cnd. or t ~nninace the Pl:111 or ;my r-a n t•1cr..:-of 111 suc h
maru1er as II ma y dc1e1m111 I!. an d suc h a\te rm ion, amt:nd mcr H o r termin al ion s'.l all take effect up un
no ucc thercor fro m the Cn y 10 the Ket1r ern e1 u Hoard: prn n de d thm 11 0 sLch al term ion o r
am~ndmc lll sh:ill pro vi de th.r th e Ret ire men t Bcncfi1 pay3b le to any Ret ired Me mb er sh all be
\c.:ss th an th at p r t 1\1ided by his Accumu la ted o:-i 1ribu trn 11s or affect th~ ri ,s.!11 of an y /\1t emb er 10
rect.:ive a re fu nd L'f l:is A<.:1.:u1 :1 ulal cd Contnbut11ms and ~hall nu l Ll i1 c1,;tl v 01 u idii ccclv rc.:c.l m.:c :1:1y
Member's A~J4m~tfffi _6.c.cnlliUkm~fil. A n I nro\· de<l furthe r, :ha l nr a hen111 0~ .-,r ·
tenn inauon o f the Pl an or an y pan thereof sha ll pcm , · . 1y pa11 0f the Ftmd to rev ert to or be
rcco vcrahlc by thl' Ci·.;' ,)r 'Je usctl for or dive rted to puqJos cs other lh3 n the excl u~ivc benefit of
Members , Ret ired Members. Vested .l'ic tr.bcrs or Benefi c1a1i cs und er th e Plan. ex cep t su ch
fun ds , if any, as may remai n :tt t~rm irld t io. of the Plan c:.fte r sat isfact ion of :"1\l l!.1b:h u es with
res:.,ec t to !vlcm bcrs , Re:rired MC'mb crs. Vrsted Members and Benefi c1 ariec; under i hc Pl;in :m ·I
arc.du e so le ly 10 erro neou s act uarial assu mpti ons Funhcr. no a rne nCm ~i:t i:hdl c:ause ·he
5
cl111111wuon o f an r•ption:ll fc n n of benefa nor the clir.1 in aLo r, o· , t"du ct ion of an c.lrl) Rt·t1 rc1nt!!\I
l k:111.;r;t 111;1 u 111 li 11Ut.'!-i afl cr rct.r c nlClll.
Sl't.:\1n 1L!Jl [ h:..: C ity Cou 11 ~1l t1 f t !·1• ( 'i1y 11/' E1:~IC\\ 11,1d, r~,1111:nh • hc,chy .,11\l t(lrlt'es .1mt.!l(l111g
I JI ll· 1, Cli.,plcr 4 , Src.11,111 IX. ~rh,L·cl11111 .'!, ol ti ll' l·.nt..:ll'Wn11d M .m .c1,l:1i Cntlt! 2000 . to n.:ad a~
r,1 ll 11v. s:
li.ic,;h cl ig i le m..:11.b~r tmdc1 ~r:ct in:i 'l,.4 ·t .".H: n1 l-4-1 R-1. wlH1 w1 s hc!-\C, C;\c:·cn:c th e op l 111n nl
L:011vcn11 u1, mc 11;hcrs l11p IO the mrnwy pure ha::c plan mu:a siµn ~: 1.~•:i1v1:1 :1:-d 1dt~:1 i.1·· w 11h11 1 t he
t 11 n ~:fr,11 rn.;i. ~,pcL1r1cd b:,· i'1c I \(111rd J tHl m .i fcnu accc pt:ih 'c In lhc: Ho:•· ·. wai v111g all rig ht-. I•\:,
ti ·fi 11 C'd hc1h;l"i\ pl::1:-..uu f10m thi s plan :rnd rclc.:1s 111g th e Cit y nn cl 8t•urcl from any li abil ity tn lhc
1tlLi11hc:r and /o r hi s c,r li er Ot ncfic iarie~ foi :..u ...:h a ,lc fi ned bc.1t ri1 pcns10 11 or un y c ln1 m bu:-:ci.J on
1 li e c11nvcna on 10 thi; mo ney p urc ha se pln 11 Sa id d cc lion shall be i1 a ·, Ln . .i h lc u1dc:.5 lhc
c1nplnyL·c cha n~cs stat us frq m a n c\'.Clllpt cmphiyt·~ Iv :1 nn1 H:xcm p1 1.·111ployc..:, ;n ·.duth c 1~c
s 1cn c mplovee n,;!y e-lec 1 w11h111 ~a,:t y ((10) days of t ill; r..h:mt•c m stil:u:-. t<1 :u;:1 11 llCCOlnt a
me mber of 1l11 s pla n . Ir he ;;v1.:11 1 rrn 1,.·111p loycc rcj0i n,; t HS pl an due 1n .1 clwngc in :;1 a1w," le"
r "' ( 'i I ,vca1 s fr1 ml I he t r;,nsfcr da1i.:. <. .. ~rcdiaxl f..~l!J ,·1ct sh,,11 11 :11 hv re::1 nt t.:d r1 " -.u:h cmp l.,yt.:L
:11 u l ',LH'h c iq dn yt •:· •;h :dl 10 ' lw V<"\ll:cl un 1il l•c nr sh1.: c,111is fivc {5 ·1 yt.: 11 ~ t1f .... 1cd1 1cd •:c 1v1tc
!,,1h::l:(1 11 .::1 ll 1,, Inc. 1r hcr n.:c·111y ml O 11\1:. pL111 !'.'1m,1.Jl.!U~[nt..f~l.lt .. Uw_1 1_1~. ]'ur.h~1!Ja11
sh:1!Ll_!f_!.t __ h..;J;:;1,1.!.l[.::u_t.:d-l:il.uL !!' 1·,ir 'I~ .•
!.2.9~11 m1..L.: Tl 11: C i ty C\ lll 11...il of l '\C City or Eq;,k W\lO d, f ·, lc•rado hereby :1t1th,1111.<.:• :i m cndm;.:
T 11 1<.· J. C h:,plcr 4, Scc·1o n · 8, Su h ~ecttnn 1, n l 1111.: l:1 11:•IL:wt,ud J\lur:u.: p.l Co:lc 2(.100. w rcacl no:.
l~1 \lt 1ws ·
.1 -4-18 -."\: 'l'ra11 ..;fcr of li'1111d ~.
\!;tr.h cl it,ihlt-1n~m h~r J1;dcr Scc.:t 1c n 3-l.]-213 or 3-4-1 S-1. wlw c:hoc 1,~s lo c,c.:rc1sc :he op t io n 1n
uinvcrt hi!. nr J;ci mcmhL·1 sh ip 10 1lw money purc:h;u:c plan :-.ha ll ha ve :1 determ ina ble am ount
11 1111 :;fcr:-cd to 1hc n 1onc y p urchase p l a11 . The amount tr:111 ~fc.:rred o n hd1:-il f or ::a ch such member
1, the ac.tuari1.1l L'.q ui \'a lcnt prcscnl valu e (w hi r h :.h:-1\1 incl ude 3!\ :1dj Jst111 en~ ti th e 11 1rn1 hcr
quallli t.::; fur s p ~t.;1 a l early 1et ircmc nt o r regular i;arly rcl ir::n;~nt as of the da te the mcmtier
1..IJ; ngc.:s s1a t u fo1 a member d~!>.cnbt::<l 111 .;ccti rn1 3-4-3-20 and is July JO, :wo 1, f•i r 1 1;1c mbcr
c.lt.:~c 1 il,cd in Scct1 0t: J-4 -18-1 ), 1.1 s of the: d:.it c 0·"'11:m,.fcr of 1ht.: mt.:111Lt.1'~ :1 t:t.:111cd bc:1 ,cfit. f-1..11
pu 1 p<,scs <1 f thi., SecHul 3-4 -18 -3, Lhc tern1 ".1cttwnal cq u1 v:1le:11 pre se nt vnlue" slnll be ba se d on
;111 inh..:r:st r:11 c:1s:..1n1p tmn o f seven ,mri um· h;,lf pi.:rcrnt (7 )%,) ::m ct lit e mu rtn lit ) a~:;umpt 11.mol
.1 un1 i;c,._ ra te 1ha1 1s tiflv pc•rL.:1;11 1 (501!.1 ) m.1 lc, f".f1y p ~1u:11t (~0'%) fc m;i l e. rnktm from the W}:-3
~ r.;i:rnnp .A;111m11 1:, M-11101 la 1i lY +tah lt.: (n_u..·p· .. 1h:11 llv · )'JfD ~r!.!.!.I IUlllllliiJ.Y...lllQlltililY J'tbls
amili ~vr "ms rc: · he · n.~J;n1u 111-.,,_L_:fJ_l2,) The d11h· of II ansfc;· o f' thi,; \l"l(!lnlw r's act.:rn ccl
hc11cfi1 ~h all he :t!: i;~,on :ir. pr:1 c t1cahlc af'lt·r the clt:ct11)11 llnte ft 1r :i 11 ic·in b1:r rlrsrril't'd in Secl 1C111 3-
4-: ~B . and August 31. ~00 l. o r 11::: :~.11l:1 :11; pr:1cti::ibh.· !hc1c11ftc1, ft1r a mc1nl,er dl·1:tnhec 1 111
Section 3-6-18-1
.Sl:C t1 0 11 ti.:. Sa fct Cl:1.9B£LThc Cny Co unc il hert:by fin d,;;, tlctenni nt.:s , mH.I tk:d.1rc::-. ~1i.,1 tlii~
( >rd 111 ancc ii: pro mu lgal ed under the gi:::ncral police power of Lhc Cuy o Engl ewood. 1hat 11 is
promu l ga 1cd fo r th e hea lth , sa fet y, and welfare of the pul>lic , anG tha t thi s Ordinance 1s net:1..:ss rir)
fn r 1he jHescrvati o n o f heal th and safery and fo r the proLect ion of pu blic cor. ,1e111 e:1ce and
.,.,c\fa re. T he City Cou ncil furth er dctcnnines th a1 the Ortlinnnce be3rs a ra tional rel3 ti on to the
;-,roper !c:gi slnL 1ve objec t sought to be obtainer\
6
Sectw n 13. Severnbilit\', If an y cluuse, se mencc. paragra ph, or pan of tlus Ord ina n ce or the
npphc:H 10 11 lhcroof to an y persou or c ircumstances sh:i l I for a ny rcaso~ li e :1djudgt·d by a c:ou rt nf
com;1c tc:nt j uri !':d iction mva li d1 !':Ud, Judgment sha l! nol af:~c t. unpa i:-or Ul\'a hdm::-th:: r:.::n:1 in dc r
of ti ns Onim:in.c:t" n r II ap ph e211o n :u other persons or cir...:um sta:1ces .
S~cti n 14. l.ncons 1stenl Ord11um ccs. All other rdinan ct:s or pon ions the reof incons 1s1ent or
c0 nn icu 11 g with th.i s Orcl in:rn cc or :my pnn 1on h< r· ,f 1 rt! he reby repealed to Lh e exte nt of such
incons 1s1ency or co nf1 1ct.
~:J. ~tfect of n.: ,ea l n• ... J' ,·: .. _;!.: 1 he repeal or mo dific ati on o f any p1ov1s1o n of
the Code of th e;(. h)' of Englewr ,. t •,y ti s · li.nance shall n01 release, cxtmbui sl·, dht.:r. mutl ify1
o r cha nge 111 who le or ;n p:in an y pc, : :· 'L•. :-.:11 urc, or liability, ei ther c ivil o r cnnunal, whic h
s hall have b~t:11 11 1l.:un cd under :.uc h p ,. ·, .~. 11, J•1d cm;h prov is i.:m shall ½e treo1ed nnd held as
s till remi.uni ng in force fo r the purposes of sus tai ning any au d 1\1 pro pe r rict1o n s. suits,
pmceed111gs, .111d proscc uuo ns fo r 1he enforcemen t c,ftlw penalty, forfeit ure. o r li abi lity, :1s we ll
as fo r the.: puq,osc of sus1:1 in in£ any Jlld~rrnen t, decree, or order which cn n or may he re ndered .
t:!Herc:d, or :unrlt> in '-11Ch :1c1ions, S'Jlts, pro ceed ings, or prosecui.io ns.
Scc11011 16. Pc 1q)Jic The l'cni1y Pro vislO n of Seel ion 1-4-l EMC shall a1>ply to each and
every \'IOh~1i on o f th is Ordma nci.:.
Introd uced. read in full. and passed on fi rst n:ad ing o u the: 9th day ot Ji'nu ary , 20 12.
Published by 1·11 1c as a B1 11 fo r an Ordinance in the Crty's offici al :i ewspa pcr on lhe 13th day
Janua ry. 20 12 .
Publ ished as a Bill for an Ordir.a:1c c on the City's o fii c1al we bsi te beginning 0 11 th e I 1"' da)' o f
Januu ry, 2012 for thi rt y (30 ) d:iyr,
Read by ti tle and pn sserl nn iin:ll rc-:-u 1ine nn th f': 61h da;• of Febmary, 10 I 2.
Pu bli shed by title in the C1t\'S offic ial newspape r as Ordi nan ce No.,?---. err es of 20 12. 0 11
the \0l h day of Feb ruary, 2012.
7
•111hl ~h·d l~y 111\r-nn, 1r C 11 y's offi cial wcbs11c begi nning 0n th r ·-1
~ dtty o f
J.',;h•·,1nry. :,1' 2 f~,r 1h1 r1y / 30) <i:,y-.
COUNC IL COMMUN ICATIOI\
Dat e: Agenda It e m: Sub ject :
A bill for an ord inan e up uat,ng th e
/J nuar 1• 9, 20 I 2 9 a i '..Jo nl:rn erge ncy l:mployees
~Ptire m ent Pl..tn 1N RP ). by r-.:."m r.vr ng
1.mdefined term s, cha nging mort tl li1y
ta bles and clarifyi ng 1h e d ea1!1 b enl'fit
fo r a non-~po usa l b enefic ia ry.
Initiated Hy: Staff So ur ce:
ii \ u ( [ng l1::.v uud , fin ance a,d Ad mi11i..,11a tive r rank Grygl w icz, D irec tor of Finance ,mo
en ices Depar tmcn t Adm inistr,1 t1vc-Se rvice!i
COUNC IL GOA L AND PREVIOU S COUNCI L ACT I ON
Th e Cit v Ccuncil di scussed these iss 11es at th e December 1 2, 20 11 Study Scss on.
REC OMMENDED ACT ION
The Non f mergency Em pl oy,,es Ret ire ment Plan (NER r ) Aoa,d recom rn e ncl s th e C,ty Council approve the
a tta ched bill for an ordinJn c~ m .:i kir ,:; ch:w ger, to the N o 11 Ern er ~e nt ,.. Ern pl otees R1:!l 1rf;!1 nen1 Pla n by
replacing th e undet ,ne d tern : "Acc rued Pens 0,1·· wi th the d e fi n d 1c111 1 '·Ac crued Benefit," clc,ri fi es the
d ea th be nefi t fu , a no n-spot1sal be neil,:i,1ry a,,d chang es th e mortalit y tab l~ fr c m th e I ~tl.l Mo rta li ty Tabl e
to the m ore cu n ent 199 4 Morl \1li ty-"hlP
RA KG ROUND, ANA LYS I S, AND ALTERN ATIV ES IDENTIFIED
Th,s bil l fo r ;;n o rd inJ nce I rov,des /c.;r , onfrnergency Fmployee s Re ti re ment Pla n to rep lace the term
Accr lJ ed Pe11 )iu11, ¼hilh b 11 u t tl d 11 1~U, w ith Acc 1ued Benefit.
The pro posed bill fo r an ordi nance am 11Cls Se c ti o ns 3-4-2-2 .3. a ,md b and 3-4-18 -3 to the more rn m ·ot
19 9 4 Mortal it y Tab le in pl .i ce of th e 1983 Mo,ta ity Tahlo . Tho cl•a ng c to 19 9 4 /v\o rta lity T,1blos makes the
Pldn cons isie nt with ac.tudrl dl str.nda rds.
Tho proposed L,i ll for ;ir• o•din 1r ce amen ds. ect inns 3.4.7,5 , l --1 -8-1, l--1-8•7, 3 .. 1.~•-I, 3-4-9-2, 3-4 .9 .3 a nrl 1-
,1-9-5 tc> rlarif\ th e language a llow in g a Me mber, Defe rr e d Ve sted Membe r o r d,sc,J led Me mb ~r to
designa te their be ne ficiary cif choi ce and ret1 11 1ri ng a spousa l \\'a iv , 11 marneJ.
Th e propos ,J hill fe r an o rd111a nce amend s Sec tions 3-4-18-:? to da 1il1 funds tra 11sierr cd fr o111 the NERP to
the money pu r<..1 1.=is:: pl,111 can no l be tr ~rnsfe rr ed bad,.
These amendm en t~ do 1o t ch..:11.g e Plan bene11ts but ma) req uire aci cl1 t1una l iu HJin g tc acco11 11n odr1.te th e
t hange oi Mor1c1ll ty T;ib le(,
FI NANCI AL IMPACT
Th -:>se chang es hr1ve no s11th 1r1 nt ial i:npac t 01 the fu nd in g ot th e~ :a n or the City's ov erJII financia l
co nd iti on.
LI ST OF .I TTAC HMENTS
Propose d bill fo r ,1 11 nrrhn ,mrP