Explanation
This ordinance proposes several amendments to the Management Compensation Plan (MCP), Ordinance No. 1150-2007 as follows:
- A one percent (1%) decrease in pension pickup effective March 21, 2010.
- Employees hired after January 1, 2010 will pay the full pension contribution of ten percent (10%).
- Another personal business day will be added for the 2010 vacation year.
- The employee monthly insurance contribution will increase to ten percent (10%) effective April 1, 2010.
Emergency action is recommended so that the implementation process can begin.
Title
To amend Ordinance No. 1150-2007, the Management Compensation Plan, by amending Sections 4(D), 10(F), and 16(G); and to declare an emergency.
Body
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to amend certain provisions of the Management Compensation Plan, thereby preserving the public peace, property, health, safety, and welfare; Now, Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
See Attachment