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2003-074RESOLUTION NO. 2003-74 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA AUTHORIZING THE CITY MANAGER TO EXECUTE AND OTHERWISE ENTER INTO THAT CERTAIN ADDENDUM TO THE COLLECTIVE BARGAINING AGREEMENT BY AND BETWEEN THE CITY OF AVENTURA AND THE DADE COUNTY POLICE BENEVOLENT ASSOCIATION, OCTOBER 1, 2002 TO SEPTEMBER 30, 2005, ATTACHED HERETO, WHICH ADDENDUM SHALL BE EFFECTIVE UPON SIGNATURE BY THE CITY MANAGER AND THE DADE COUNTY POLICE BENEVOLENT ASSOCIATION; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The Addendum to the Collective Bargaining Agreement dated October 1, 2002 to September 30, 2005, attached hereto and incorporated herein, is hereby accepted by the City Commission, and the City Manager is hereby authorized on behalf of the City to execute and otherwise enter into said Collective Bargaining Agreement Addendum by and between the City of Aventura and the Dade County Police Benevolent Association. Section 2. The City Manager is hereby authorized to do all things necessary and expedient in order to effectuate the execution of the Agreement described in Section 1 above and to carry out the aims of this Resolution. Section 3. This Resolution shall become effective immediately upon its adoption and upon the execution of the Agreement by the City Manager and the Dade County Police Benevolent Association representatives. Resolution No. 2003- 74 Page 2 The foregoing Resolution was offered by Commissioner Cohen , who moved its adoption. The motion was seconded by Commissioner Holzberg and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach Commissioner Jay R. Beskin yes Commissioner Ken Cohen Commissioner Bob Diamond yes Commissioner Harry Holzberg yes Commissioner Manny Grossman Mayor Jeffrey M. Pedow yes PASSED AND ADOPTED this 7th day of October, 2003. JJEF~=REY M.~SERLOW, MAYOR ATTEmpt: TERI~SA M. S~r0 C CLER APPROVED AS TO LEGAL SUFFICIENCY: EMS/tms ADDENDUM TO AGREEMENT BETWEEN THE CITY OF AVENTURA, FLORIDA AND DADE COUNTY POLICE BENEVOLENT ASSOCIATION October 1, 2002 to September 30, 2005 It is agreed by the City of Aventura and the Dade County Police Benevolent Association that the Collective Bargaining Agreement for the period of October 1, 2002 to September 30, 2005 is hereby amended as follows: ARTICLE 29 Pension Plan Section 1. The City a.qrees to implement a defined benefit pension plan for members of the barqainin,q unit to be effective October 2003, based on the followin,q components: A. Pension Plan Points a) Local Plan administered by Board of Trustees as provided in Stat~ Statue. b) Normal Retirement - 55 and 10 years of service or completion of 25 years c) Benefit - 3% d) Avera,qe Final Compensation - Best 5 year salary of last ten e) Vestin.q Years - 10 years, If less than 10 years of service, employee contributions are refunded with 3% interest. f) Salary - All except off-duty g) Additional Fundin.q - State contributes .85% of .qross premiums collected on automobile, burRlary and theft and property insurance within corporate limits. This could translate to 4 to 5% for the City plan. h) Early Retirement - 45 and 10 years of service. The benefit is reduced by 3% for each year early before normal retirement are. i) Line of Duty pre - retirement death benefit - -Greater of accrued benefit or 30% of monthly compensation at death. j) Disability - {Non-duty) - 10 years of service. 25% of averaqe monthly compensation or pension benefit accrued. k) Disability - {On-duty) -42%of avera.qe monthly compensation. City to maintain current short and Ionq term disability pro.qrams B. Plan Funding {includes use of 185 monies) a) City contribution effective 10/1/03 shall be 14.5%, All employee's contribution, effective 10/1/03, shall be 6.3%. Estimated 185 monies to be 50/0. b) All employees hired prior to 10/1/00 shall be eli,qible for all service (vested for all years employed by the city as a police officer). Employees are required to transfer all funds accrued in their City 401 plan (defined contribution plan) to the defined benefit plan effective October 2003. The City will make no further contributions to the 401 Plan. c) Employees hired after 10/01/00 would be eliqible for future service only as of 10/01/03 and they would retain all funds accrued in 401 plan. For those employees with less than three (3) years service as a City of Aventura Police Officer as of October 1, 2003, the followin.q applies: 1. The officer receives no past service credit in the newly provided Defined Benefit Retirement Plan. 2. The officer retains .ownership of the vested balance in the previously provided Defined Contribution Plan (ICMA 401 Plan). 3. For the time after October 1, 2003, the officer is credited with service in both the new Defined Benefit Plan and the previous Defined Contribution Plan. 4. The City will make no further contributions to the Defined Contribution Plan. The City and employee will contribute to the new Defined Benefit Retirement Plan for all periods after 10/1/03. For example, a Police Officer who began work with the City on October 1, 2001 would have two years service as an Aventura Police Officer on October 1, 2003. The Officer is 40% vested in the Defined Contribution Plan on October 1, 2003. If the employee continues to be employed by the City as a Police Officer, the Officer will become 60% vested in the Defined Contribution Plan on October 1, 2004; 80% on October 1, 2005 and 100% on October 1, 2006. At October 1, 2006, the Officer will also have 3 years of credited service in the Defined Benefit Plan. d) Future increases or decreases required to fund the plan based on actuarial study would be split 50~50 (City/Employee) durin,q the life of this agreement. Section 2. The City and PBA agree that Article 29, Section I .B. d) of this Agreement shall expire as of September 30, 2005 at 11:59 and therefore shall be null and void. This Agreement is made and entered into and executed this ,2003. day of CITY OF AVENTURA DADE COUNTY POLICE BENEVOLENT ASSOCIATION Eric M. Soroka, City Manager ATTEST: Teresa M. Soroka, City Clerk John Riviera, President PBA Attorney Representative Representative ~Underlined provisions constitute additions to the existing agreement; strickon *~'..., ..... ....~.~'. provisions indicate deletions from the existing agreement.