COUNCIL AGENDA ITEM
SUBJECT:
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2nd Reading - Ordinance No. 2025-O-01: Amending and restating the Police Officers Pension Plan
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DEPARTMENT:
City Clerk
SUMMARY:
City Council adopted Ordinances 2016-O-34 on November 14, 2016, which amended and restated the Edgewater Police Officer’s Pension Plan. Subsequently, Ordinances 2017-O-21; 2020-O-33, 2022-O-18, 2023-O-10; 2023-O-23. and 2024-O-35 were adopted amending various sections of the Police Officers’ Pension Plan.
Ordinance 2025-O-01 is the incorporation of all Plan amendments into the restated Plan.
This Ordinance was approved at 1st Reading on March 17, 2025.
BUDGETED ITEM: ☐ Yes ☐ No ☒ Not Applicable
BUDGET AMENDMENT REQUIRED: ☐ Yes ☐ No ☒ Not Applicable
RECOMMENDED ACTION:
Motion to approve Ordinance No. 2025-O-01