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HomeMy WebLinkAbout2000 04 24 Regular B Time and Date For Workshop COMMISSION AGENDA ITEM B April 24, 2000 Meeting ;2---- Consent Informational Public Hearing Regular X Mgr. / Authorization ~ Dept. REQUEST: The General Services Department requests that the City Commission designate a time and date for a Workshop to evaluate and discuss (a) possible changes to the employee pension plan, and (b) the contents of a salary survey/compensation study. PURPOSE: The purpose of this agenda item is to establish a time and date for thorough examination of data which has been generated to (a) possibly change the benefit structure in the employee pension plan, and (b) illustrate comparative salary/pay information from the surrounding labor market. APPLICABLE LAW AND PUBLIC POLICY: City Charter and Administrative Code CONSIDERATIONS: - The general employee population has requested changes in benefit levels in the current pension plan, and the costs of those possible changes have been determined and submitted for consideration by the City Commission. Bi-annually, the city engages the services of an outside consultant to conduct a labor market survey of salary/pay plans, which requires evaluation by the City Commission. - Actuarial information regarding possible pension plan changes, as well as the completed salary survey, will be transmitted to the City Commission for its review well in advance of the workshop. April 24, 2000 City Commission Regular Agenda Item "B" FUNDING: Not applicable at this time. STAFF RECOMMENDATION: Staff recommends the City Commission designate a workshop for pension plan and salary study discussions on May 15, 2000, at a time certain, or another date suitable to the Commission if May 15th is not available. ATTACHMENTS: (To be transmitted.) COMMISSION ACTION: