Pension Legislation 1980 - 2002
| Name |
Title |
Date |
|---|---|---|
| Ordinance Number 6465 (PDF) |
Clarifies earnings period for disability retirements under Consolidated Retirement Plan |
November 13, 2002 |
| Motion Number 20020418 (PDF) |
Amends Contract 1964 (Chicago Trust Supplemental Pension Plan Administration) to allocate that the Participant Fee, Additional and Home Mailing of Statements be charged to the trust earnings |
March 18, 2002 |
| Ordinance Number 6339 (PDF) |
Changes multiplier in plans from 2% to 2.1% and allows service credit of up to one year for unused sick leave or prior active military service |
December 12, 2001 |
| Ordinance Number 6340 (PDF) |
Updates and modifies city's pension plans to comply with IRS rules known as GUST Amendments (GATT, USERRA, SBJPA, and TRA) |
December 12, 2001 |
| Motion Number 20011453 (PDF) |
Amends the Supplemental Pension Plan by adoption of Amendment Number One providing for automatic disbursement of inactive accounts under $5,000 |
December 12, 2001 |
| Ordinance Number 6284 (PDF) |
Allows retirees to return to work as a part-time or temporary employee without penalty to their pension benefit |
September 12, 2001 |
| Motion Number 20000780 (PDF) |
Approves the Supplemental Pension Plan Document which includes the trust agreement with The Chicago Trust Company |
June 29, 2000 |
| Ordinance Number 6142 (PDF) |
Changes trusteeship of Supplemental Pension Plan to a professional management company and designates the Pension Board as Plan Administrators of the City of Marietta Supplemental Pension Plan |
June 14, 2000 |
| Motion Number 20000557 (PDF) |
Appoints the Chicago Trust Company as trustee of the Supplemental Pension Plan effective July 1, 2000, and approves the attached Administrative Services Agreement with the Chicago Trust Company |
June 14, 2000 |
| Ordinance Number 6064 (PDF) |
Terminates the 4022 Plan for general employees and defines treatment of 4022 Plan participants who move to a general employee position |
November 10, 1999 |
| Resolution Number 1237 (PDF) |
Amends the City of Marietta/BLW Pension Board Investment Policy Statement |
September 8, 1999 |
| Ordinance Number 6019 (PDF) |
Removes part-time, temporary, and seasonal employees from Consolidated Retirement Plan and adds them to Supplemental Pension Plan effective January 1, 2000 |
August 11, 1999 |
| Ordinance Number 5939 (PDF) |
Creates one formula for calculation of normal monthly benefits under the 4022 Plan |
December 10, 1998 |
| Ordinance Number 5921 (PDF) |
Modifies 85 point pension to 80 point pension effective January 1, 2000, and designates a second special election period in 1999 for 4022 Plan participants to elect coverage under the Consolidated Retirement Plan |
November 11, 1998 |
| Ordinance Number 5922 (PDF) |
Modifies the early retirement reduction factor under the 4022 Plan |
November 11, 1998 |
| Ordinance Number 5923 (PDF) |
Modifies composition of pension board regarding the police representative |
November 11, 1998 |
| Ordinance Number 5924 (PDF) |
Amends city code to clarify the City contribution rate toward the health insurance program based on date of hire |
November 11, 1998 |
| Ordinance Number 5907 (PDF) |
Creates one formula for calculation of normal monthly benefits by defining final average earnings and stipulates the formula used for elected officials in Consolidated Retirement Plan |
October 14, 1998 |
| Resolution Number 96-1115 (PDF) |
Adopts the City of Marietta/BLW Pension Board Investment Policy Statement |
July 10, 1996 |
| Ordinance Number 5575 (PDF) |
Adoption of new Code of Marietta, Georgia |
June 12, 1996 |
| Ordinance Number 5281 (PDF) |
Removes section regarding the Mandatory Lump Sum Cashout provision in Consolidated Retirement Plan |
March 9, 1994 |
| Ordinance Number 4928 (PDF) |
Defines the City's contribution rate toward retiree health insurance |
August 14, 1991 |
| Ordinance Number 4905 (PDF) |
Defines employee types, vesting, a mandatory lump sum cashout, and participation requirements under the Consolidated Retirement Plan |
June 12, 1991 |
| Ordinance Number 4906 (PDF) |
Approves a 4% increase in monthly benefits and increases pension funding level to 12.67% of payroll |
June 12, 1991 |
| Ordinance Number 4817 (PDF) |
Amends city code regarding payment of cost of hospitalization insurance for employees |
August 8, 1990 |
| Ordinance Number 4661 (PDF) |
Removes requirement for 4022 Plan participants to complete a form and stipulates that employees hired on or after March 1, 1987, are only eligible for the Consolidated Retirement Plan |
August 10, 1988 |
| Ordinance Number 4655 (PDF) |
Allows death benefits under the 4022 Plan for employees who retired prior to January 1, 1984 |
July 13, 1988 |
| Ordinance Number 4654 (PDF) |
Provides death benefits for Harry Whitten in accordance with federal court order |
July 13, 1988 |
| Ordinance Number 4653 (PDF) |
Reinstates death benefits and modifies group life insurance under the 4022 Plan |
July 13, 1988 |
| Ordinance Number 4624 (PDF) |
Redefines covered compensation and retirement formula under the 4022 Plan |
March 9, 1988 |
| Resolution Number 87-698 (PDF) |
Authorizes the contract approval for pension consultants with the Martin E Segal Company |
July 8, 1987 |
| Ordinance Number 4548 (PDF) |
Clarifies Social Security option under 4022 Plan |
April 8, 1987 |
| Ordinance Number 4547 (PDF) |
Clarifies Social Security option under Consolidated Retirement Plan |
April 8, 1987 |
| Ordinance Number 4532 (PDF) |
Establishes Consolidated Retirement Plan |
February 11, 1987 |
| Ordinance Number 4522 (PDF) |
Eliminates Level 1 classification and designates all new employees as Level 2 in 4022 Plan |
November 12, 1986 |
| Ordinance Number 4500 (PDF) |
Adds optional survivor's benefit to the 4022 Plan |
August 13, 1986 |
| Ordinance Number 4485 (PDF) |
Removes death benefits from the 4022 Plan but adds group life insurance of three times salary up to $180,000 |
July 9, 1986 |
| Ordinance Number 4332 (PDF) |
Amends disability benefits eligibility in 4022 Plan |
May 14, 1986 |
| Ordinance Number 4333 (PDF) |
Establishes a mandatory retirement age of 70 |
May 14, 1986 |
| Ordinance Number 4134 (PDF) |
Personnel Policy Ordinance |
February 13, 1985 |
| Ordinance Number 4106 (PDF) |
Modifies Appendix B in the 4022 Plan |
November 14, 1984 |
| Ordinance Number 4084 (PDF) |
Amends death benefits in the 4022 Plan |
September 12, 1984 |
| Ordinance Number 4022 (PDF) |
Establishes new retirement plan known as "4022 Plan" |
February 8, 1984 |
| Ordinance Number 3753 (PDF) |
Withdraws from JMERS (supersedes Ordinance 3740) |
February 11, 1981 |
| Ordinance Number 3752 (PDF) |
Establishes retirement plan with Aetna Life and Casualty (supersedes Ordinance 3739) |
February 11, 1981 |
| Ordinance Number 3738 (PDF) |
Establishes a Pension Board that replaces the Pension Committee |
December 30, 1980 |
| Ordinance Number 3739 (PDF) |
Establishes retirement plan with Aetna Life and Casualty |
December 30, 1980 |
| Ordinance Number 3740 (PDF) |
Withdraws from JMERS |
December 30, 1980 |
| Ordinance Number 3741 (PDF) |
Withdraws city from Social Security and establishes Supplemental Pension Retirement Plan in lieu of Social Security through Aetna Life and Casualty |
December 30, 1980 |
| Resolution Number 15-353A (PDF) |
Authorizes the Mayor to sign a letter terminating the Trust Agreement and Pension Contract with the Joint Municipal Employees Retirement System (JMERS) and to execute a contract with Aetna Life and Casualty |
December 10, 1980 |
| Ordinance Number 3662 (PDF) | Amends JMERS plan to comply with ADEA, allows regular full-time employees to participate in plan if hired up to five years before normal retirement age, raises mandatory retirement age to seventy (70), and defines voting for Pension Committee members | February 13, 1980 |