Pension Legislation 1980 - 2002


Name

Title

Date
Ordinance Number 6465 (PDF)
Clarifies earnings period for disability retirements under Consolidated Retirement Plan
November 13, 2002
Motion Number 20020418 (PDF)
Amends Contract 1964 (Chicago Trust Supplemental Pension Plan Administration) to allocate that the Participant Fee, Additional and Home Mailing of Statements be charged to the trust earnings
March 18, 2002
Ordinance Number 6339 (PDF)
Changes multiplier in plans from 2% to 2.1% and allows service credit of up to one year for unused sick leave or prior active military service
December 12, 2001
Ordinance Number 6340 (PDF)
Updates and modifies city's pension plans to comply with IRS rules known as GUST Amendments (GATT, USERRA, SBJPA, and TRA)
December 12, 2001
Motion Number 20011453 (PDF)
Amends the Supplemental Pension Plan by adoption of Amendment Number One providing for automatic disbursement of inactive accounts under $5,000
December 12, 2001
Ordinance Number 6284 (PDF)
Allows retirees to return to work as a part-time or temporary employee without penalty to their pension benefit
September 12, 2001
Motion Number 20000780 (PDF)
Approves the Supplemental Pension Plan Document which includes the trust agreement with The Chicago Trust Company
June 29, 2000
Ordinance Number 6142 (PDF)
Changes trusteeship of Supplemental Pension Plan to a professional management company and designates the Pension Board as Plan Administrators of the City of Marietta Supplemental Pension Plan
June 14, 2000
Motion Number 20000557 (PDF)
Appoints the Chicago Trust Company as trustee of the Supplemental Pension Plan effective July 1, 2000, and approves the attached Administrative Services Agreement with the Chicago Trust Company
June 14, 2000
Ordinance Number 6064 (PDF)
Terminates the 4022 Plan for general employees and defines treatment of 4022 Plan participants who move to a general employee position
November 10, 1999
Resolution Number 1237 (PDF)
Amends the City of Marietta/BLW Pension Board Investment Policy Statement
September 8, 1999
Ordinance Number 6019 (PDF)
Removes part-time, temporary, and seasonal employees from Consolidated Retirement Plan and adds them to Supplemental Pension Plan effective January 1, 2000
August 11, 1999
Ordinance Number 5939 (PDF)
Creates one formula for calculation of normal monthly benefits under the 4022 Plan
December 10, 1998
Ordinance Number 5921 (PDF)
Modifies 85 point pension to 80 point pension effective January 1, 2000, and designates a second special election period in 1999 for 4022 Plan participants to elect coverage under the Consolidated Retirement Plan
November 11, 1998
Ordinance Number 5922 (PDF)
Modifies the early retirement reduction factor under the 4022 Plan
November 11, 1998
Ordinance Number 5923 (PDF)
Modifies composition of pension board regarding the police representative
November 11, 1998
Ordinance Number 5924 (PDF)
Amends city code to clarify the City contribution rate toward the health insurance program based on date of hire
November 11, 1998
Ordinance Number 5907 (PDF)
Creates one formula for calculation of normal monthly benefits by defining final average earnings and stipulates the formula used for elected officials in Consolidated Retirement Plan
October 14, 1998
Resolution Number 96-1115 (PDF)
Adopts the City of Marietta/BLW Pension Board Investment Policy Statement
July 10, 1996
Ordinance Number 5575 (PDF)
Adoption of new Code of Marietta, Georgia
June 12, 1996
Ordinance Number 5281 (PDF)
Removes section regarding the Mandatory Lump Sum Cashout provision in Consolidated Retirement Plan
March 9, 1994
Ordinance Number 4928 (PDF)
Defines the City's contribution rate toward retiree health insurance
August 14, 1991
Ordinance Number 4905 (PDF)
Defines employee types, vesting, a mandatory lump sum cashout, and participation requirements under the Consolidated Retirement Plan
June 12, 1991
Ordinance Number 4906 (PDF)
Approves a 4% increase in monthly benefits and increases pension funding level to 12.67% of payroll
June 12, 1991
Ordinance Number 4817 (PDF)
Amends city code regarding payment of cost of hospitalization insurance for employees
August 8, 1990
Ordinance Number 4661 (PDF)
Removes requirement for 4022 Plan participants to complete a form and stipulates that employees hired on or after March 1, 1987, are only eligible for the Consolidated Retirement Plan
August 10, 1988
Ordinance Number 4655 (PDF)
Allows death benefits under the 4022 Plan for employees who retired prior to January 1, 1984
July 13, 1988
Ordinance Number 4654 (PDF)
Provides death benefits for Harry Whitten in accordance with federal court order
July 13, 1988
Ordinance Number 4653 (PDF)
Reinstates death benefits and modifies group life insurance under the 4022 Plan
July 13, 1988
Ordinance Number 4624 (PDF)
Redefines covered compensation and retirement formula under the 4022 Plan
March 9, 1988
Resolution Number 87-698 (PDF)
Authorizes the contract approval for pension consultants with the Martin E Segal Company
July 8, 1987
Ordinance Number 4548 (PDF)
Clarifies Social Security option under 4022 Plan
April 8, 1987
Ordinance Number 4547 (PDF)
Clarifies Social Security option under Consolidated Retirement Plan
April 8, 1987
Ordinance Number 4532 (PDF)
Establishes Consolidated Retirement Plan
February 11, 1987
Ordinance Number 4522 (PDF)
Eliminates Level 1 classification and designates all new employees as Level 2 in 4022 Plan
November 12, 1986
Ordinance Number 4500 (PDF)
Adds optional survivor's benefit to the 4022 Plan
August 13, 1986
Ordinance Number 4485 (PDF)
Removes death benefits from the 4022 Plan but adds group life insurance of three times salary up to $180,000
July 9, 1986
Ordinance Number 4332 (PDF)
Amends disability benefits eligibility in 4022 Plan
May 14, 1986
Ordinance Number 4333 (PDF)
Establishes a mandatory retirement age of 70
May 14, 1986
Ordinance Number 4134 (PDF)
Personnel Policy Ordinance
February 13, 1985
Ordinance Number 4106 (PDF)
Modifies Appendix B in the 4022 Plan
November 14, 1984
Ordinance Number 4084 (PDF)
Amends death benefits in the 4022 Plan
September 12, 1984
Ordinance Number 4022 (PDF)
Establishes new retirement plan known as "4022 Plan"
February 8, 1984
Ordinance Number 3753 (PDF)
Withdraws from JMERS (supersedes Ordinance 3740)
February 11, 1981
Ordinance Number 3752 (PDF)
Establishes retirement plan with Aetna Life and Casualty (supersedes Ordinance 3739)
February 11, 1981
Ordinance Number 3738 (PDF)
Establishes a Pension Board that replaces the Pension Committee
December 30, 1980
Ordinance Number 3739 (PDF)
Establishes retirement plan with Aetna Life and Casualty
December 30, 1980
Ordinance Number 3740 (PDF)
Withdraws from JMERS
December 30, 1980
Ordinance Number 3741 (PDF)
Withdraws city from Social Security and establishes Supplemental Pension Retirement Plan in lieu of Social Security through Aetna Life and Casualty
December 30, 1980
Resolution Number 15-353A (PDF)
Authorizes the Mayor to sign a letter terminating the Trust Agreement and Pension Contract with the Joint Municipal Employees Retirement System (JMERS) and to execute a contract with Aetna Life and Casualty
December 10, 1980
Ordinance Number 3662 (PDF) Amends JMERS plan to comply with ADEA, allows regular full-time employees to participate in plan if hired up to five years before normal retirement age, raises mandatory retirement age to seventy (70), and defines voting for Pension Committee members  February 13, 1980