HomeMy WebLinkAboutResolutions - 1975.12.18 - 14532re) P•.7,2 a mont7:,
for
•nunt of the mow5h1?...!
of the amoun±
fall ,./ear
from
7 :
(27.1 (IL) In I 1770.
be payable
t
'7_0 t,:he
at- la
mt; 0
I
n would
minine
Miscellaneous Resolution 7388 December 18, 1975
BY: PERSONNEL COMITTEE - Paul E. Kasper, Chairman
IN RE: AMENDMENT TO RETIREMENT SYSTEM - COST-OF-LIVING
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS by Miscellaneous Resolution 1/4979, adopted December 23, 1968,
the Oakland County Board of Commissioners provided for a cost of living increase
of 1.57 for retirees from the Oakland. County Employees Retirement System; and
WHEREAS the concept of retirement is to allow a retiree to live
comfortably on the retirement income; and
WHEREAS the cost of living increases since December, 1963 have accelerated
sharply; and
WHEREAS to compensate for the accelerated cost of living increase, the
persons who have retired on or before January . 1, 1976, should he granted a. post
retirement benefit increase; and
WHEREAS it is necessary to add a new sub-paragraph (e) to Section 34.1
of the Oakland County Employees Retirement System,
NOW THEREFORE BE IT RESOLVED that the Oakland County Employees Retirement
System be amended by adding a new sub-paragraph (e) to Section 34.1 to read as
follows:
Po8t-Retr creases:
Sr2..r.?tio71 34.1
The Personnel Committee, by Paul E. Kasper, Chairman, moves the adoption
of the foregoing resolution.
PERSONNEL COMMITTEE
19. thi s 22,nd day of..Gqqe.rn.b.P.r
#7388
Moved by Kasper supported by McDonald the resolution be adopted.
Discussion followed.
Moved by Page supported by Aaron the resolution be referred to the Finance
Committee.
Mrs. Fortino objected.
Vote on referral:
AYES: Hoot, Houghten, McDonald, Page, Price, Aaron, Dearborn. (7)
NAYS: Douglas, Dunleavy, Fortino, Gabler, Kasper, Lennon, Moffitt, Montante,
Olson, Patterson, Pernick, Roth, Simmons, Wilcox, Wilson, Button, Daly. (17)
A sufficient majority not having voted therefor, the resolution was not referred.
Discussion followed.
Vote on resolution:
AYES: Dunleavy, Fortino, Hoot, Houghten, Lennon, McDonald, Moffitt, Montante,
Nowak, Olson, Patterson, Pernick, Price, Roth, Simmons, Wilcox, Wilson, Aaron, Button,
Daly, Dearborn, Douglas. (22)
NAYS: Kasper, Page. (2)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
JP..14 9r.) . Ad.op.t.eP.by , . 9QUqr,1.€.1 .co.u.n.t.y. PPPT,0 . .91 . ..
• . rfiCe rlq .h.e.l.d. .9.n . . ........ ..... .....
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
D. Allen Clerk
By . Deputy Clerk