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HomeMy WebLinkAboutResolutions - 1988.12.15 - 17727Misc. Res. # 88345 December 15, 1988 BY: PERSONNEL COMMITTEE, John P. Calandro, Chairperson IN RE: RETIREMENT COMMISSION - MILITARY CREDIT To the Oakland County Board of Commissioners Mr. Chairperson, Ladies and Gentlemen: WHEREAS, the Oakland County Board of Commissioners is desirous of recognizing the time that employees of Oakland County spent in defending the United States of America during times of war and aggression; and WHEREAS, the State law that governs the act that established our plan, allows military time to be granted under certain conditions and for certain periods of time; and WHEREAS, the employee to be eligible for this benefit must have ten (10) years of Oakland County service, must have entered the military before June 1, 1980, and must not be receiving or will receive a military retirement benefit from another retirement system; and WHEREAS, the county wishes to limit its cost for this benefit, the time granted shall be limited to 24 months of military credit; NOW THEREFORE BE IT RESOLVED, that the following section be added to the Oakland County Employees' Retirement System: Section 20. Non-intervening Military Service; Conditions for Credited Service. (b) A member who has served in any armed service of the United States shall be entitled to credited service for periods of active duty lasting 30 or more days, if each of the following conditions are satisfied: (1) The member has at least ten (10) years of credited service, not including any credited service acquired for intervening military service under the provisions of paragraph (a) of this section; (2) The member pays the retirement system 5% of the member's annual, full-time rate of compensation at time of payment multiplied by the period of service being claimed; (3) Armed service credited a member under this paragraph shall not exceed the smaller of two (2) years and the difference between five (5) years and the intervening armed service credited the member under paragraph (a) of this section; (4) Credited service shall not be granted for period of Military service which /are or could be used for obtaining or increasing a benefit from another retirement system; (5) The member entered the armed service before June 1, 1980 or entered during a time of war or emergency condition on or after June 1, 1980; [1 (6) The member elects to purchase the service and contributes the required amount to the retirement system within one (1) year of the member's eligibility date. The eligibility date for county employees whose employment is not subject to collective bargaining is January 1, 1989. The purchase of non-intervening military service will apply to a county employee whose employment is subject to collective bargaining only if included in the applicable bargaining agreement. If included, the eligibility date will be as specified in the agreement. BE IT FURTHER RESOLVED that such military service credit, consistent with Merit System rules, shall not be utilized for purposes of computing service increment pay, annual leave rate of accumulation, or any other benefits based upon length of County service. Mr. Chairperson, on behalf of the Personnel Committee, I move the adoption of the foregoing resolution. P66NNEL COMMITTEE December 15, 1988 FISCAL NOTE BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON IN RE: RETIREMENT COMMISSION -MILITARY CREDIT - MISCELLANEOUS RESOLUTION # 88345 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mt. Chairperson, Ladies and Gentlemen: Pursuant to Rule XI-G of this Board, the Finance Committee has reviewed Miscellaneous Resolution #88345 and finds: 1) The Retirement Commission has approved a proposal amending the retirement system allowing certain employees credit up to 24 months of military service providing they invest 5% of their annual full-rate of compensation multiplied by the period of service being claimed; 2) The actuary calculates the annual cost to the County for the non-represented employee to be $139,954, members of the bargaining units must approve this proposal in their agreements; 3) County cost will not begin until 1990, no budget amendments are recommended for 1989. FINANCE COMMITTEE #88345 December 15, 1988 Moved by Calandro supported by Page the resolution be adopted. Moved by Calandro supported by Skarritt the resolution, in the NOW THEREFORE BE IT RESOLVED paragraph, be amended in (6) to read: "(6) The member elects to purchase the service and contributes the required amount to the retirement system within one (1) year of the member's eligibility date. The eligibility date for current county employees who have completed ten (10) or more years of service and whose employment is not subject to collective bargaining is January 1, 1989. The eligibility date for all others shall be at the completion of their ten (10) years of county service. The purchase of non- intervening military service will apply to a county employee whose employment is subject to collective bargaining only if included in the applicable bargaining agreement. If included, the eligibility date will be as specified in the agreement." A sufficient majority having voted therefor, the amendment carried. Moved by Pernick supported by Aaron the resolution be referred back to the Personnel Committee. AYES: Doyon, Gosling, Hobart, R. Kuhn, Law, McConnell, McDonald, R. McPherson, Moffitt, Oaks, Pernick, Wikox, Aaron, Calandra. (14) NAYS: S. Kuhn, Lanni, Page, Price, Skarritt, Caddell, Crake. (7) A sufficient majority having voted therefor, the resolution was referred back to the Personnel Committee.