HomeMy WebLinkAboutCity of South Bend to Provide some Pension Relief to City Employees, Including Members of Police Officers & Firefighters' Pension & Disability FundsAttest
RESOLUTION
NO. 2821 -99
Passed by the Common Council of the City of South Bend,
December 13, 10 99
Clark
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
December 14, 19 99
Approved and signed by me December 15
City Clerk
Mayor
RESOLUTION NO. tip Z` ° 1
A RESOLUTION OF THE CITY OF SOUTH BEND TO PROVIDE SOME PENSION
RELIEF TO CITY EMPLOYEES, INCLUDING MEMBERS OF THE POLICE
OFFICERS AND FIREFIGHTERS' PENSION AND DISABILITY FUNDS
WHEREAS, in 1977 the State of Indiana established the 1977 Police Officers and
Firefighters Pension and Disability Fund and all South Bend firefighters and police officers hired
since that date participate in and are members of such 1977 fund in addition to some South Bend
firefighters and police officers hired prior to 1977 who elected to convert to the 1977 fund; and
WHEREAS, those South Bend firefighters hired before 1977 who did not convert to the
1977 Fund are members of the 1937 Firefighters' Pension Fund and those South Bend police
officers hired before 1977 who did not convert to the 1977 fund are members of the 1925 Police
Pension fund; and
WHEREAS, Section 444(h)(2) of the Internal Revenue Code allows a municipality to pick
up the mandatory contributions by 1977 Fund members, 1937 Fund members and 1925 Fund
members.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND, INDIANA as follow:
Effective December 18, 1999, mandatory contributions to either the 1977 Fund, the
1937 Fund, or the 1925 Fund by the employees who are members of any of these
funds, will not be included in the gross income for such employees, for reporting
purposes (except the Medicare portion of FICA), that is for federal, state or local
income tax, withholding taxes, until distributed from the 1977 Fund, the 1937 Fund,
or the 1925 Fund.
2. Employees subject to this Resolution shall not have the option to receive the
contributed amounts directly instead of having them paid by the City of South Bend
to the 1977 Fund, the 1937 Fund or the 1925 Fund.
3. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
Dated this I3 day of 0tCC ,' - , 1999.
Member of the Common Council
PRESENTED
NOT APPROVED
ADOPTED
Filed In Clark's O>fflee
DEC 1.3 1999
CITY CLERK, SC. BEND,14,.
COUNTY -CITY BUILDING
SOUTH BEND, INDIANA 46601 -1830
PHONE 219 /235 -9216
Fax 219/235 -9928
TDD 219/235 -5567
CITY OF SOUTH BEND STEPHEN J. LDECKE, MAYOR
DEPARTMENT OF ADMINISTRATION AND i'INANCE
November 18, 1999 M. CATHERINE ROEMER
CITY CONTROLLER
South Bend City Council
County City Building
Fourth Floor
South Bend, Indiana 46601
RE: Resolution to Pretax Public Safety Officers PERF Employee Contribution
Dear Council Members:
The following is a resolution which will allow the City of South Bend to pretax the public safety
officers' employee portion of PERF for the pension plans 1927, 1937 and 1977. This pretax
benefit is only available to sworn public safety officials.
Thank you.
Sincerely,
�Z).t�otchivh. W�Q
Susan M. Wallace
Benefits Manager
DEC u 8 1999
LL_.... ___ -__- - - -m-j
Lt'�fic1 AJ. U, R)
CATHERINE A. HUBBARD -SHEAD RON O'CONNOR THOMAS SKARBEK SUSAN WALLACE ROBERT ALLEN
DIRECTOR DIRE=R DIRECTOR MANAGER DIRECTOR
HUMAN RESOURCES CITY FINANCE BUDGETING & FINANCIAL RR'OKING BENEFITS INFORMATION TECHNOLOGY