Title
Proposing an amendment to the Philadelphia Home Rule Charter providing for the creation of the Philadelphia Retirement Savings Board; and providing for the submission of the proposed amendment to the electors of Philadelphia.
Body
WHEREAS, Under Section 6 of the First-Class City Home Rule Act (53 P.S. ?13106), an amendment to the Philadelphia Home Rule Charter may be proposed by a resolution of the Council of the City of Philadelphia adopted with the concurrence of two-thirds of its elected members; now, therefore, be it
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA:
SECTION 1. That the following amendment to the Philadelphia Home Rule Charter is hereby proposed and shall be submitted to the electors of the City of Philadelphia on an election date designated by ordinance:
ARTICLE III
EXECUTIVE AND ADMINISTRATIVE BRANCH - ORGANIZATION
CHAPTER 1
OFFICERS, DEPARTMENTS, BOARDS, COMMISSIONS AND OTHER AGENCIES
? 3-100. Executive and Administrative Officers, Departments, Boards, Commissions and
Agencies Designated.
The executive and administrative work of the City shall be performed by:
* * *
(e) The following independent boards and commissions, which, except for the Board of Trustees of the Free Library of Philadelphia, are hereby created:
* * *
Philadelphia Prison Community Oversight Board[.];
Philadelphia Retirement Savings Board.
* * *
CHAPTER 8
INDEPENDENT BOARDS AND COMMISSIONS
* * *
? 3-815. Philadelphia Retirement Savings Board.
(a) The Philadelphia Retirement Savings Board shall be composed of nine members as follows:
(1) Four members shall be appointed by the Mayor;
(2) Four members shall be appointed by the Council President;
i. The Mayor and Council President shall each appoint one representative of employer-side organizations, one representative of employee-side organizations, one representative of retiree advocates, and one individual with expertise in the field of investments.
(3) One member shall be appointed ...
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