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HomeMy WebLinkAboutOrdinance 18-1993 .� 4 . � ORDIHANCE N0. 18-93 AH ORDIHANCE ESTABLISHING A DEFERRED COMPEHSATIOH PROGRAM FOR THE VOLUHTEER FIREFIGHTERS OF THE CITY OF BROOKINGS, SOUTH DAKOTA. BE IT ORDAINED BY THE GOVERNING BODY OF' THE CITY OF BROOKINGS, SOUTH DAKOTA, AS FOLLOWS, TO-WIT: I. DEFERRED COMPENSATIOH PLAH 1. There is hereby established a Deferred Compensation program for the Volunteer Firefighters of the City of Brookings. 2. The Deferred Compeneation program for the Volunteer Firefighters of the City of Brookings ehall be referred to as the Brookinga Volunteer Firefighters Deferred Compensation Plan tthe "Plan" ). 3. The Plan shall be approved by resolution of the City Commission. 4. The Plan shall initially be financed by a transfer of the aeseta of the Deferred Compensation Plan of the Brookinge Volunteer Firefighter's Association, Inc. to the Brookings Volunteer Firefighters Deferred Compensation Plan. 5. Upon approval of the aforesaid Plan, the Deferred Compensation Plan approved by the City Commission pursuant to Reaolution 27-89 shall be terminated. II. All ordinances in conflict herewith are hereby repealed. FIRST READIHG: July 27, 1993 SECOND READING: Auguat 3, 1993 PUBLISHED: Auguat 9, 1993 �o�0R00K1q,� CITY OF BROOKINGS a � c�:= MAR,9 �C , �TT -' � - m , ' o , �o��./H�, ��_ F e Officer �� � . - i- �,}-�� �Jl -�--� � i , , � C� r� �'l �, ��-�� f� RESOLUTION N0. 2?-39 BE IT RESOL`JED That the City Commission hereby approves a deferred compensat�on plan for the Voiunteer Fire :?emi�ers. Adopted this Ilth day of April , '989 . ATTEST: 1�,�"�`��rv'�,y��•. .� , `// // ..'�•:�JQ ((�Q•,.Jl ' , i I/ � �.i .\` ��.�R. 3 : c Mayor �'� 1883 i o�,,y. ,:`\;�� ��i,s;`��Mw��N��:4� r, , � Finance Officer �� _,. �r .�ri.r----__ `�'.,s;:; ••w��,,,•,y��;.c�;;S1�J!�3,- . • • . h ;f � '�,:,, � . ^ � " DEfERRED COMPENSATION FUNO Section 1 There is herebr createti a Deferred Coioensation Plan for the ErooY.►nas Volunceer F�re�ianter's Ass, lnc. Settion 6 Fro� January :, 1989 farMard a �e�ber �ust aeet Nhich fund shail be au�in�stered by � �even �e�ber canittee the follorino 5tanoards to be credited for a year of service chatred by the Ch�e4 and further �oac+risea o4 the Denart�ent in the De4erred Co�oensation Plan. r^ra51tlPG;, S?C��tdfV, D?u�rt�ent iraasurer, and three at a. Tra�nino - h►e�02�5 eust partiripate �n ld �ourc larqe deleoates electetl fer a one, �4c ?nd three yFa► ter� of scheauled tra�n�ng rnich M�I1 be cred�ted at ; N�th subseauent elettions {or a thre� year ter�. 4ny hours for each Mort: niaht. Attend�nq State r"►r? va�arc�es �n the elotted posit�ens �naii be filled o� poDular vore at hhe ner,t dec�artAenr Aopt�nq r�,r the unexn��ea ter�. 5cnool �av be sunstituted for^4 hours a4 tratn�no and Distr�ct School creoited for � hours. b. Fire Calls & Meetings - A �e�oer �ust attene one- �e�tion ? To be eliqible of distr�o��[ion o4 f��r•�; a half or SOx of all r"ire Calls and Meetinas to De me�ner �uet have served �ive yea�s �n caod stand�n�, There shall be no �naz�n�un nuebe� of years a �o�oer �ar oarci�ipate °lioible for Co�Densation Fund to be allotted. Any in the oroqraa. �e�ber rno is drov�ed fro� the Depart�ent because of nat �a�ntain�ng reauired percentage o4 54X �ill lose Sectien � There is hereby initiai:v aeDropr�ated E20,500 all retireeent benefits. fro� rhe City of Eroak�nas, Mith ade:���nai a�ounc:. as �ay be �� he�oers on leave of absence for reason other than , approor�ated annually by the City. ir} aeaition, the illness or disability, Mill re[eive no funding for Deoartn�ent wiil contrib��te fire insu�anc? ore�i�un tax the period of the leare. d. pppeals - Appeals by individual �ee6ers to nave precee�s plus any extra funds carr�ee orer fro� thP the above rules waivered �ay appear before the Asson ation budqet of the <olloM�na vear after the annual De4erred Co�pensation Co��ittee �hich eay Maive the5e 4und raiser, i+ approved tiy neeoershiu. rules by �aiority vote. Section a The �lan will initiali� d�stribute funds of a 5ection 7 Deferred Co�vensation Funds Mill be �ananea at rate of I(�O.i of 4uli l�ability or S_;8.n� ner year �F service the discretian of the �eferred Co�pens�tion Co��ittee. At � �h�ch rate shall be reassessed annuaiiy by the 6e4erred least 54i of the funds Nill be �n C.D.'s, the re�ainder r�ll Lc�neensar�on Co�n�ttee. be ierested Mith the approval of the entire Co�pensation a. Meal+er bene4its uoon retire�ent shall be oaid Co��ittee. Mith�n ninety days fo U oMtng r�t:re�ent. In rhe event nf a �e�ber's death a� nl;:t+llity, ber�e*its Section 8 If for any reason this proora� is ter�inated Nili bo paid wifhin s�xtv �iavs. all appraoriated funds fro� January 1 of the year the b. If a a�e�oe� resions or r�:irz� fre� tne tEflAinatlOn oCCufS Shall revert to the City of Brookino� denart�ent then re-ent?rs be��!►� ��oce�ber ;'St 6eneral fund. Al! aopraoriated funds allatted prior to of tl�e sa�e Year and no bene�it: ��ave Deen eaid, he January 1 �f the year of ter�ination will be di5tributed to is re-entered into kne 5yste* as i+ ne never ie4t. �e�bers based on aa ount balances. ihe five year elipibility c. If a +�re4iohter re-enters +;�e svste� ?+ter being rule Mill be �a�ved in the ?vent of ter��nation. i Aald bonefits, he �ust either O��v �ack ht5 priqr � years vf servtce at the �urren! ra-e or t+e ?!iaible � fo� no further ra�oensation, i d. The rate ��11 be reassessed ea�ed on one year, ; fvr �ne�hers in 000d standin� fer �nat year. � Section ` All active �e�oers in qe�� standinp, at the date of City �o��lssion approva! shall he eiigible -or ortor years of sevtce earned be4ore tne inception i af th�s fund. � a. For�er �e�bers Nho resianetl orior � to Co��tss�on approva! of th�s funa and re-enter5 shall not be crediied for �+rie� �ears of se►vice. . . .. . . . ..:iy. ♦, t � �� �' .. . . .. .. . ...... � .. . . � � . .. . .. . . ... .. " . _.. .. .. .. . � .... .... ... .... :��� 9-16-3.2 MUIVICIPAL GpvERNMENT ' Source: SL 1984, ch 56, § 2. € 3 '• 9-16-3.2. Change of employee contributions or benefits — Require- ments.No change may be made in employee contribution levels of a system or present or future benefits of a system, by ordinance or otherwise, without an affirmative vote by both the governing body of the municipality and the mem- bership of that system. Source: SL 1984, ch 56, § 3. 9-16-3.3. Pension allowed Srefighters for impairment caused by - .. ..- . .. : cancer.A pension may be allowed pursuant to § 9-16-3.2 for any condition of impairment of health caused by cancer resulting in total or partial disability to an officer or member of a fire department who, upon entering such service, successfully passed a physical exainination which failed to reveal any evi- dence of such condition. This section pertains solely to pension matters under this chapter and does not restrict a claimant's ability to file for benefits under chapter 62-8 or change the burden of proof established in § 62-8-12. . Source: SL 1991, ch 70. 9-16-4. Inclusion of firemen in retirement system. A municipality of the first class having a retirement system for its employees and officers may, by ordinance adopted by the governing body of the municipality, include the firemen employed by the municipality in the membership of the employees' and officers'retirement system established under authority given by § 9-16-3 in lieu of a separate firemen's pension fund. � Source: SL 1949, ch 183, § 5; SDC Supp tence which read:"No auch ordinance shall be � 1960, § 45.1204-1; SL 1978, ch 62, § 4; 1984, adopted except upon the written application ch 56, § 4; 1992, ch 60, § 2, and consent of all firemen then in the employ Amendments. of the city." The 1984 amendment deleted an ending sen- 9-16-4.1. Deferred compensation program for volunteer firefighters — Establishment and management — Participation optional. Any mu- nicipality with a volunteer fire department may establish a deferred compen- sation program for its volunteer firefighters. Such a program may be financed by the municipality or by the volunteer firefighters and may be managed through the municipality or through an insurance company or other financial institution. Such program shall be established by ordinance. Each municipal- ity shall establish requirements for participation in the program. Participa- tion in the program of deferred compensation shall be at the option of the volunteer firefighter. Source: SL 1986, ch 71, § 1. 40