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HomeMy WebLinkAbout1997 05 19 Regular Item E COlVlMISSION AGENDA ITEM E REGULAR X CONSENT INFORMATIONAL May 19. 1997 Meeting MGR.~~ YIDEPT Authorization REQUEST: City Manager requestilug Commission direction relative to the procedure for consideration of retirement plan improvements. PURPOSE: The purpose of this item is to solicit Commission direction relative to the process by which the proposed retirement plan improvements report will be considered. CONSIDERA TIONS: The City Commission has given the City Manager and City Attorney direction to provide additional proposals for improving the City retirement plan. A report with several alternative proposals will be available in June for discussion and deliberation. There is obviously a gre'at deal of concern among the City employees relative to this matter. The City Manager desires to get direction from the Commission as to the level of input it desires for the City Pension Committee and City employees to have in the process. FUNDING: Not Applicable RECOMMENDATION: It is recommended that the Commission give the City Manager direction relative to the level of input it desires the Pension Committee and City employees to have in the deliberation of the pension plan irnproveffii~nts. Page 1 IMPLEMENTATION: Dependent upon Commi.ssion direction. ATTACHMENTS: None COMMISSION ACTION: Page 2