09-06-16 Personnel and Finance - Laserfiche WebLink

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Mr. Cangany credited that effort to the Department of Community Investment and said more are coming downtown with Smart Streets. They also currently have a grant out for thirty -five (3 5) shelters which will come after the bus stops have been determined. Committee Chair White also thanked Mr. Cangany for supporting the District Walking Tours by providing the transportation. Committeemember Regina Williams- Preston asked if more shelters would be installed along the Western corridor. Mr. Cangany explained that most of the thirty -five (35) shelters will be added to the Central Business District. Councilmember Scott asked about bus shelters on Portage Avenue Mr. Cangany responded that TRANSPO has to go through the Historic Perseveration Committee to have the designs approved before installation. Councilmember Kelly asked Mr. Cangany to expound upon the potential partnership with South Bend Community Schools. Mr. Cangany responded that there's a lot of duplication of services and thus an opportunity to save the District some money. There's already a partnership that TRANSPO successfully implements with School City of Mishawaka. Committee Chair White thanked Mr. Cangany for his presentation and transitioned directly into the Police Department's presentation. Police Pension Secretary Don Pinkert - 701 W. Sample Street, briefly explained that the City has (2) two pension plans: the old 1925 plan and the 1977 pension plan. Officers have differing plans depending upon the officer's date of retirement and buy -out options. The old plan is budgeted by the City while the 1977 is funded by the State of Indiana. For some reason, the State of Indiana has rejected to take the pension of officers that have retired since 1998, so the City is still responsible for those expenses. Although, we do get pension relief refunded by the State. Committeemember Voorde asked how death benefits work for a surviving spouse. Mr. Pinkert explained it depends on which plan the officer falls under. The old plan gives forty percent (40 %) of the officer's base salary and longevity. The amount is set by the Common Council according to Mr. Pinkert about twenty (20) years ago. The new plan gives fifty -five percent (55 %) of what their spouse was drawing as a pension. Generally speaking, the old plan pays a little better. Mr. Pinkert also explained the pension fund actually has decreased by $373,000 for 2017 because there's no drop participant for 2017. Although, there was one in 2016 and there will be one in 2018 and two for 2019. Committee Chair White asked Mr. Pinkert to explain what the drop program is. El