Title
Amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," to create two new Plans, entitled "Plan '10" and "DC Plan," for (i) certain employees hired or rehired on or after January 1, 2010; and (ii) certain electing employees; and making technical changes; all under certain terms and conditions.
Body
WHEREAS, An Arbitration Panel constituted pursuant to Act 1968, June 24, P.L. 237, No. 111, 43 P.S. §§ 217.1, et seq. ("Act 111"), issued an Award dated December 18, 2009, and a Supplemental Award dated March 2, 2010, providing for a new pension plan for police members of the City's retirement system, called "Plan '09"; and
WHEREAS, Section 7 of Act 111, 43 P.S. § 217.7, provides that such award "shall constitute a mandate . . . to the lawmaking body of [the] political subdivision . . . with respect to matters which require legislative action"; and
WHEREAS, Council, therefore, has a mandatory duty under State law to implement the pension award; and
WHEREAS, Council now renames "Plan '09" as "Plan '10" and the "DC Plan," as further described herein; now, therefore
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 22 of The Philadelphia Code is hereby amended to read as follows:
TITLE 22. PUBLIC EMPLOYEES RETIREMENT CODE.
CHAPTER 22-100. GENERAL PROVISIONS.
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§ 22-104. Continuation of Divisions and Plans.
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(2) Plans. The several plans of benefits that form part of the City of Philadelphia Public Employees Retirement System are designated and assigned to the foregoing divisions thereof as follows:
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Plan '10 includes (i) certain employees hired or rehired on or after January 1, 2010, subject to election under Section 22-201(5); and (ii) certain electing employees; all as set forth in § 22-201(5).
§ 22-105. Definitions.
In addition to the defi...
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