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HomeMy WebLinkAbout66 of 1952 - Ordinance 66 of 1952, Amending Chapter I, relating to employee retirement benefits City employees. KOLL CALL Salt Lake City,Utah,.._ INC 30 1952 ,195 VOTING Aye Nay lr i dge I move that the ordinance he passed. Christensen . . Lingenfelter . Romney . . . ` Mr. Chairman . . AN ORDINANCE Result AN ORDINANCE Al/ENDING CHAPTER I of the Revised Ordinances of Salt Lake City, Utah, 1944, relating to administration, by add- ing in and to said Chapter a new section to be known as Section 143, relating to employee retirement benefits. Be it ordained by the Board of Commissioners of Salt Lake City, Utah: SECTION 1. That Chapter I of the Revised Ordinances of Salt Lake City, Utah, 1944, relating to administration, he and the same is hereby amended by adding in and to said Chapter a new section to be known as Section 143, relating .to employee retirement benefits, which shall read as follows: "SEC. 143. EMPLOYEE RETIREMENT BENEFITS. (a) All retire- ment pensions now being paid retired. City employees and those retirement pensions approved by the Board of City Commission- ers prior to December 31, 1952, shall be, and continue jto be, paid as provided under the present City Pension Retirement system from funds provided for that purpose by Salt Lake City, subject to the terms and conditions of this ordinance as is hereinafter provided. (b) All disability pensions now being paid and those ap- proved by the Board of City Commissioners prior to December 31, 1952, shall continue to be paid as is provided by Section 137 of the Revised Ordinances of Salt Lake City, Utah, 1944• (c) All disability pensions as provided by Section 137 of the Revised Ordinances of Salt Lake City, Utah, 1944, ap- proved by the Board of City Commissioners after January 1, 1953, shall be reduced by the "primary insurance amount" (single person benefilt) if and when earned under the Federal -2- Social Security Act, regardless of whether application has been made therefor. (d) Any employee, who, prior to January 1, 1953, has been in the employ of Salt Lake City for a period of twenty (20) years,or longer, shall be entitled to retirement benefits as follows: If he has been an employee of the City for 20 years prior to January 1, 1953, whether continuous or not, he may, upon reaching the age of 60 years, at the option of the Board of City Commissioners, or upon reaching the age of 65 years, at his own option, or any employee who has been employed by the City for 30 years prior to January 1, 1953, whether con- tinuous or not, upon reaching the age of 60 years, may at his own request, be retired from active service at any time after January 1, 1953, and receive a monthly pension for the remain- der of his life in an amount eqial to ono-half of his average monthly wage or salary during the five years prior to January 1, 1953, as hereinafter computed, but in no event shall any such pension exceed $100.00 per month. The average monthly wage shall be computed as follows: The average yearly total sum paid in wages or salary over the last five years of ser- vice rendered to the City next preceding January 1, 1953, shall be computed and one-twelfth of such average yearly sum shall constitute the average monthly wage or salary hereunder. (e) The pensions provided for in paragraph (d) of this ordinance shall be reduced by the "primary insurance amount" (single person benefit) if and when earned under the Federal Social Security Act, regardless of whether application has been made therefor. (f) The pensions provided for in paragraphs (a), (b), (c) and (d) of this ordinance shall be paid first from monies de- ducted and remaining from the wages or salaries of the em- ployees entitled thereto and paid into the City Pension Retire- ment Fund, prior to January 1, 1953, and then from monies made available for that purpose by Salt Lake City. (g) No employee with less than 20 years' employment with -3- Salt Lake City prior to January 1, 1953, shall be entitled to any of the benefits provided for in paragraph (d) of this ordinance. (h) Any employee of Salt Lake City with the required years of service as set forth in paragraph (d) of this ordi- nance shall, prior to February 15, 1953, exercise in writing, one of the following options; 1. Elect in lieu of, and in full settlement of, the benefits provided for in paragraph (d) of this ordinance; to receive repayment of his contributions into the Salt Lake City Pension Retirement Fund, less the amount due from such employee for Federal Social Security coverage, retroactive from December 30, 1952, to January 1, 1951, or subsequent date of employment. 2. Elect to leave his contributions in the City Pension Retirement Fund, less the amount due from such employee for Federal Social Security coverage, retroactive from December 30, 1952, to January 1, 1951, or subsequent date of employment, and be eligible to receive the bene- fits for which he qualifies under the provisions of Sec- tion (d) of this ordinance, and, provided further, that he may at any time prior to receiving any of such bene- fits as provided in said Section (d) waive in writing his rights to all of such benefits and receive repayment of such amount as may be left to his credit in the City Pension Retirement Fund. (i) Any employee with the required years of service as set forth in paragraph (d) of this ordinance, who elects to leave his contributions in the City Pension Retirement Fund, sHa1.l- -ri3& , upon death, termination or discharge prior to receiving any of the benefits as provided in paragraph (d), have refund- ed to him, his beneficiary or personal representative, such amount as may be left to his credit in the City Pension Retire- ment Fund. (i) Any employee of Salt Lake City with the required -4- years of service as set forth in paragraph (d) of this ordi- nance, who elects to leave his contributions in the City Pen- sion Retirement Fund as provided by paragraph (h) of this ordinance and leaves the employ of the City for any reason prior to reaching retirement age as provided in paragraph (d) of this ordinance, may, upon reaching such retirement age as provided herein, whether then in the employ of the city or not, pay into the City Pension Retirement Fund the amount re- funded to him as provided by paragraph (i) of this ordinance and be restored to all retirement benefits he had at the date of leaving the employ of Salt Lake City, as is provided by paragraph (d) of this ordinance; provided, however, that such benefits shall not exceed the difference between the amount he would be entitled to under the provisions of paragraph (d) of this ordinance and the amount of the "primary insurance benefit" (single person benefit) of the Federal Social Security Act; using as a base for computing the Social Security benefit his earnings with Salt Lake City from January 1, 1951, to the date of his first prior termination of employment with Salt Lake City. In no event, however, shall any monthly benefit provided for by this paragraph (j) exceed Pifteen and 00/100 (;;15.00) Dollars per month unless the employee is again in the employ- ment of Salt Lake City on the date 4e becomes eligible for such benefits. (k) Any employee who is receiving or shall receive bene- fits as provided by paragraphs (b), (c) and (d) of this ordi- nance and who dies prior to receiving an amount equal to the total left to his credit through his own contribution in the Pension City/Retirement Fund after any deductions provided for in this ordinance shall be entitled to have refunded to his beneficiary or personal representative such monies as may remain to his credit in the City Pension Retirement Fund after deducting the amount received by him in benefits while living. (1) All employees with less than 20 years' employment -5- with Salt Lake City prior. to January 1, 1953, shall receive repayment of their contributions into the Salt Lake City Pen- sion Retirement Fund, less the amount due from each such em- ployee for Federal Social Security coverage, retroactive from December 30, 1952, to January 1, 1951, or subsequent date of employment. rt (m) The te, m "emple3* ", as used in this ordinance, means all city asA oyees hO etofore participating in the City Pension Retirement Fund and does not include those city em- 1 ployees in the oiassifieAV-Civil Service." SECTION 2. ' the 1papapn of the Board of Commissioners, �„ r it is necessary to the peace, 1.1ealth and safety of the inhabitants of Salt Lake City that this ordinance shall become effective imme- diately. SECTION 3. This ordinance shall take effect'upon its first publication. 1 Passed by the Board of Commissioners of Salt Lake City, Utah, this .,Itpo liday of poeerAA E2d, A. D . 1952. City Recorder. . ., • , F1351.1 NO.AO5.1 35A Irnnf of ruhtiration Ittifeb Ofttles of Anterint COUNTY OF SALT LAKE ss. STATE OF UTAH ) i AN ORDIIJIAN°Crifft.f1NTO CHAP. TER I of the Revised Ordinances oE Salt Lake City, Utah,'1844, relating to ad, ministration, by adding in and to said Chapter a new section to be known,Os Section 143,relating to employee Petite. meet benefits. Be it ordained by the Board of.Com- Huth Kassing missienors of Solt Lake Clty,Utah: SICTION 1. That Chapter I of the Revised Ordinances of Salt Lake City. Utah, 1944, relating to administration. be and the same is hereby amended LY being first duly sworn, deposes and says, that he is the Principal Clerk of adding in and to said Chapter s new section to be known as Section 143.te- lating to employee retirement benefits, 0v VshV,1"V41..fAnKRIRENIENT• the DESERET NEWS SALT LAKE TELEGRAM, a newspaper published in BENEFITS. (a)All retirement pensions ROW being paid retired City employees and those retirement pensions apProved. by,the Board of to h City print Salt Lake City,Salt Lake County,State of Utah. to December 91,1952,shall be,and con- Untie e,paid Commissioners as provided under the present Clty Pension Retirement system from funds orovidedfor that purpose lir Sail Lake City,scilicet tn the terms and DB mber That the Notice An Ordinance — Bill. No.66 conditions of this OrdidaRCC 118 IS heroin, after provided. nil All disability pensions now being 'El and tho.se anproved by the oard or 'Cr !le_ nissioners prior to ece 31,''19D2.?"slia'll continuo to be paid as is provided by Section 137 of the Ito. vised Ordinances of Salt Lake City,Uthh, 1949. to)All disability pensions as provided by Section 127 of the Revised Ordinances of Salt Lake City,Utah,1944,apProved be the Board of City Commissioners after January 1, 195), shall be reduced by the"primary insurance amount'.(single WI'Sroto benefit/if and when earned under the Federal Social Security Act,regard- less of whether application has been .mode therefor. I lch drd,MIAOW,who,prior to Rai, of which a copy is hereto attached, was first published in said newspaper in its mt.,' 1. 1953, has been in the mot., of Salt'Aid,Cild,for a period of twenty OD)years. or [ORM'. shall he entitled to retirement benefits as followsl If he.l issue dated the 31st has been an empoYee of the City Am 29 Years prior to ddlIttaid,1,Imp,whether continuous or not,he may.35011 reach- ing the age of 60 years.at.the option day of Jecember 19 of the Board of City Cdd,1111S51011,d,Or , . ;32 upon reaching the age of 05 Year, at Ili, own option, or any etrIPIOY'de VII0 has been cmPloyed by the City for 30 ;ears prior to January 1,1953,so.tygr and was published in each daily issue of said newspaper,on continuous or not, upon reaching,,e age of.years,may at his own reentept. he retired from active service at spy time after dallt?drY I,1953,and.ree,M‘ve a monthly Pens‘on 1.,.,:t:;147,ar,ev,intaRIV; for hortIll'aieraa'e'rountItly wage or 0010rY diving the five years prior to January 1, 1953,as hereinafter computed,but in 1 time event shal And such pension exc4,1 iitereafter,the full period of stoo.00 Per month.The average Pitiably wage shall be computed as follows!!r), average yearly total sum paid in•dVddOS . or sal., over the last 9ive years,,of d10:7,111`0 0 coot15 -'M .the last publication thereof and onc•,,,,..Ifth of such average yearly . 'sum shall constitute the average monthlY wage or 8,0d1d,hereunder,,fel ddIC 1,0119i0R5 prOVidRd for in viva- ,cog in the issue dated the 31,Sto 'graph bl) of this ordinanoe shali be day of ri,ei„tilll•:ijingrse,',.'%-tri:Vii,LIIVCFix?, other e.".d do Ur! f 1.ther.pu- Jecember 6dellidid,Act,regmilicss n w 52 , 1.0.11111 been made therefor. ... A.D.19 to'The Pensions provided for lit paia graphs 05,(b/.let and(di of this orfli. nance shall he raid first from monies ri a remaining from•the wages K,--(...,/..44.-. /) ‘iduseatearie,''of the employees entitled thereto and paid into the Jity,Paensio,n, i .'i.'37inncd'Aljrldr.ornr%nls il.V 'a'i1- (•'able for that purpose lie e Slot Like Cite.,„ (x) No Cntrd0Yed WW1 IC3S tiaa,a 1.e . years'employment withaaSa me this lat al ba.a,.. 2nd day of tooted To tn.,"%e(1;;1.;,:fit's}„,o,., toi•,,'",',',.-rg;',24,1)on this i','.1,T Cloy a 000 w','4,Ttgl,,.„ ,A.D. 19..53.... C. paragraph ci o , ritlatit',orio,'to February 19.1953,exer- ,,,..,.,•t, ,cise hi writing, one or the following , ,,,, t_ / ------' - •- •-•,-).'.. ..„-,,,,,(- ' Notary Public. My commission expires.NsYWitar..25,1953 Advertising fee $ ... .. I.Elect in lieu of,and in full settle- ment or. the benefits ovlded for ragraph (d) of this ordinance: to t enl of his contributions into tlr vt eSal�t Labe City Pesion Retiren,enf, Fund, less the moonlit due from such. enniloyee for Federal Social Security retroactive frontDeeeber'30. 195 coverage. m 2,to.lanuary 1, 1951.or subsequent dale of emDlovment. 2, Sleet to tense his contributions i the City Pension Retirement Fund,kss the amount due from such employee I'er Federal Social Security coverage.retro. .active from December 30.1952,to Jane- •a y 1. 1951,or subsequent date f del- baeyment,and be eligible to receive e b th enefits for t which he qualifies under the provisions of Section 1d)of this or. finance.and;provided further, that'he may at a,time prior to r caning See- tine 1h benefits a provided tin said See- lion (d) s riting his rights to all of benefits and receive retia.v- ont of such amount anmay be left to his credi illthe City Pension Retire- ment Fund. Ill Any emnlevee with the required of s set terth in eaDh years )aof this ordnance,who elects to leave his contributions in the City Pension Re. lirvment Fund, may, n death, ter• ne lion or discharge prior to receiving aof the benefits a provided ntpara- be➢h (d), have refund to him, his neficiary or personal representative, such amount y be left to hisie credit n lin the City Psvon Retirement Fund.. ID Any employee of Salt Lake City with the recluireel r E serviceas set forth in paragraphOtt.ofthis ordinance, who elects to 1e aye his contrihut ono n the City Pension Retirement Fund as tanted by paragraph (at) of this or- innnee and loaves the employ of the !City for a r to reaching 'e""oem.ant agerassprovl oe In Para granit innin)of such etiremen0 m provided hot such ether the ode' ovided oft t its or then , the tat City of the city o not, in the City ension Retirement 0000 the amount I grap deal ofh fit tim to provided by ova- . stared to ll retirem ordinance benefits he had at the date of leaving the employ,of Salt Lake City,a is provided i by para. doh (d) of this ordinance; provided. however, °c eifecshall the difference between the nitut he would be untitled to Under the y t v of paragraph(d1 of this ordlnagce and the amount of the b`e benefit'.(single person enefitl/of I the Federal Social Security Act: using 1 as e bane for osn puting the Social Seaurlty benefit his e rings with. Salt 'Lake City from January[1,1951,to the • date of his firstm' terminatto4 of employment with Salty lake City. Son u eve t, how v.y_-.atoll n1010 benefit provided for by l)tt0 n 'graph III Exceed moot n and 00/l00 t.1500) Disare per uorttB mess the Sm Soyee; again e' the mhe beenrt]j of ag[Lake Ci ch bire dale he becnjfles eligible for such benefits. k)Any employee who is reeelvitig or • shall'.r a benefits a provided by 'upito-RI).(i)and tdt f this otdf- and who dies prIUr to receiving.lefa ainount squat to the total left to his credit through his hive'contribution,e City coonsPension Retirement Fund alter y deductions a provided for in this or- dinance .shall ba entitled to have' Fended 10 his benefinies o nal emotive such monies as sion retain tophts rndit' t)t city Pen Fund after is the-amount received Ito hint in benefits while Foley. o) All employees with lets than 20. years'omtdm'ment with Salt Lake City r to,fan 1, 1953. hall receive yrin fors ecet e repayment ofe their contributionsRelc into the5alt s th Cily Pensloe Retirement Fuud,less the o mdt due teal each snob employee for FederalSom De Soror- ity v retroactive ve from Docemat. se 1952,a to January 1, 1i. of sub• ant date of employment.scams The term "employee,"lit i 'used i this ordinance. n all city o Cityces heretofore Retirement participating in the City include Use citcnt Fondlo and does not tified those city employees in thy. ClSECTId CivilService."tileON2. opinion of the s tre of Commissioners,healthis• ,d safety oft the - 1 habitants s Salt Lake Cityt1 that e this ordinance shall become effective 9nt- m SECTION SGt upon 3.This ordinance shall take efPas upon its first publlcatmln YaIlt 0 by the board,t Cumin Lssioneat o£Salt or. City,Utah,this 30th tlay OE De¢embcr,A.P.1959. EARL J.GLADF, Mayo[. IR\1A F. City Recorder. (SUM.) li leg DecemGa ber cember 31st,3952.• � 6