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Resolution No. 2017-49 Approving Memorandum of Understanding Amending Police Collective Bargaining Agreement - October 3, 2017 RESOLUTION NO. 2017-49 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, APPROVING A MEMORANDUM OF UNDERSTANDING AMENDING THE COLLECTIVE BARGAINING AGREEMENT BY AND BETWEEN THE CITY AND THE DADE COUNTY POLICE BENEVOLENT ASSOCIATION FOR THE PERIOD OCTOBER 1, 2016 THROUGH SEPTEMBER 30, 2019; PROVIDING FOR IMPLEMENTATION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Aventura (the "City") desires to ratify a Memorandum of Understanding (the "MOU") amending the Collective Bargaining Agreement between the City and the Dade County Police Benevolent Association (the "PBA") for the bargaining unit consisting of employees in the classification of Police Officer and Police Sergeant in effect from October 1, 2016 through September 30, 2019 (a copy of the MOU is attached hereto as Exhibit "A"); and WHEREAS, the MOU addresses entry eligibility and participation length deadlines for the deferred retirement option plan ("DROP"), which is a component of the City of Aventura Police Officers' Retirement Plan (the "Plan"); and WHEREAS, the City Commission finds that this Resolution conforms with applicable law, enhances the health, safety and welfare, and is in the best interest of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. Recitals Adopted. The above-stated recitals are hereby confirmed and adopted. City of Aventura Resolution No. 2017-49 Section 2. Approval. The MOU between the City and the PBA, in substantially the form attached hereto as Exhibit "A," is hereby approved, and the City Manager is hereby authorized to execute the MOU on behalf of the City. Section 3. Implementation. The City Manager is hereby authorized to take any action which is necessary to implement this Resolution Section 4. Effective Date. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Shelley, who moved its adoption. The motion was seconded by Commissioner Landman, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Dr. Linda Marks Yes Commissioner Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Vice Mayor Howard Weinberg Yes Mayor Enid Weisman Yes PASSED AND ADOPTED this 3rd day of October, 2017. Page 2 of 3 City of Aventura Resolution No. 2017-49 Cdidro - ENID WEISMAN, MAYOR 4.47 E c ATTEST: ELLISA L. HORVAT , C CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: C4*""1. CITY A ORNEY This Resolution was filed in the Office of the City Clerk this 5 day of 0 , 2017. CITY CLERK Page 3 of 3 MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF AVENTURA AND THE DADE COUNTY POLICE BENEVOLENT ASSOCIATION) This Memorandum of Understanding is entered into this ' ed day of October, 2017 by and between the City of Aventura, Florida (the "City") and the Dade County Police Benevolent Association (the"Union"). The City and the Union are collectively referred to as the "Parties." WHEREAS, the Parties entered into a Collective Bargaining Agreement for the period of October 1, 2016 to September 30, 2019 ("CBA"), which sets forth the terms and conditions of employment of the City's police officers and sergeants; WHEREAS, the Parties agreed in Article 29, Section 3(b) of the CBA to create a Deferred Retirement Option Plan ("DROP"), with members electing to enter the DROP eligible to participate in the DROP for as much as five years beginning on the first day such member is eligible for normal retirement; WHEREAS, the Parties wish to modify Article 29, Section 3(b) of the CBA to allow Plan members to enter the DROP on or before they reach 25 years of service or age 57 with 11 years of service and still have a full five years of eligibility to participate in the DROP; WHEREAS, the Parties recognize that this Memorandum of Understanding only modifies Article 29, Section 3(b) of the CBA and does not modify any other Article contained in the CBA. NOW, THEREFORE,the Parties agree as follows: 1. The above recitals are true and correct and incorporated herein by reference. 2. Article 29, Section 3(b)of the CBA is amended as follows:' Effective October 1, 2018, a deferred retirement option plan ("DROP") will be created. A member will be eligible to enter the DROP on the first day that he/she is eligible for normal retirement. The maximum period that a member may participate in the DROP is five (5) years beginning from the date on which a member reaches 25 years of service or the date on which a member reaches age 57 with 11 years of service ("Maximum DROP Entry Deadlinesen -- • - •_ . - . . . - ' - . A member may elect to enter DROP after the foregoing dates, but his/her maximum participation in the DROP will be reduced by the period of time in which the member delayed entry in the DROP after reaching either of the foregoing Maximum DROP Entry Deadlines. A member's DROP account will be self-directed and the members will be solely responsible for the gains and losses of their individual accounts. Members who 1 Proposed additions to the CBA are indicated by underline. elect to participate in the DROP shall be required to separate from City service at the conclusion of the DROP period. A member's DROP shall be distributed to the member in a lump sum as soon as administratively practicable and not more than 90 days following the conclusion of the DROP period. The City shall have no liability or responsibility to guarantee the principal and/or rate of return for a member's DROP assets. The DROP accounts, although self-directed separate accounts, will remain part of the pension trust, and distributions from a member's account shall not be permitted until termination of employment. 3. The Parties agree that this Memorandum of Understanding represents the Parties' entire agreement and it cannot be amended or modified without the express consent of the Parties. 4. The Parties have had the opportunity to consult with legal counsel of their choosing. 5. The Parties signify their agreement with this Memorandum of Understanding by affixing their signatures below. DADE COUNTY POLICE BENEVOLENT CITY OF AVENTURA, FLORIDA ASSOCIATION By: By: - 1111110. John Rivera Eric Sor i ka President City M. ager 2