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O-304-C ¡- - ~ City of Clermont ORDINANCE NO. 304-C AN ORDINANCE OF THE CITY OF CLERMONT, AMENDING AND RESTATING THE CITY OF CLERMONT POLICE OFFICERS' PENSION TRUST FUND, AS ADOPTED BY ORDINANCE NO. 195, AS SUBSEQUENTLY AMENDED; PROVIDING FOR DEFINITIONS; PROVIDING FOR PARTICIPATION; PROVIDING FOR A BOARD OF TRUSTEES; PROVIDING FOR FINANCES AND FUND MANAGEMENT; PROVIDING FOR CONTRIBUTIONS; PROVIDING FOR BENEFIT AMOUNTS AND ELIGffiILITY; PROVIDING FOR PRE-RETIREMENT DEATH; PROVIDING FOR DISABILITY; PROVIDING FOR VESTING; PROVIDING OPTIONAL FORMS OF BENEFITS; PROVIDING FOR BENEFICIARIES; PROVIDING CLAIMS PROCEDURES; PROVIDING FOR REPORTS TO THE DNISI0N OF RETIREMENT; PROVIDING FOR A ROSTER OF RETIREES; PROVIDING FOR BOARD ATTORNEY AND PROFESSIONALS; PROVIDING FOR MAXIMUM PENSION; PROVIDING FOR DISTRIBUTION OF BENEFITS; PROVIDING MISCELLANEOUS PROVISIONS; PROVIDING FOR REPEAL OR TERMINATION OF PLAN; PROVIDING FOR EXEMPTION FROM EXECUTION, AND NON-ASSIGNABILITY; PROVIDING FOR FORFEITURE OF PENSION, AND CONVICTION AND FORFEITURE; PROVIDING FOR PENSION VALIDITY; PROVIDING FOR SIGNATORIES; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; PROVIDING PLAN BENEFIT IMPROVEMENTS LIMIT A TION; AND PROVIDING AN EFFECTNE DATE. WHEREAS, The City of Clennont Police Officers are presently provided pension and certain other benefits under Ordinance No. 195 and; WHEREAS, the City Council desires to clarify and restate the provisions of the Police Officers' Retirement Plan to consolidate all prior Ordinances and Code provisions and to incorporate Federal Law and the applicable provisions of Chapter 185, Florida Statutes; NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, FLORIDA, SECTION I: That the City ofClennont Police Officers' Pension Trust Fund, adopted by Ordinance No. 195, as subsequently amended, is hereby amended and restated as set forth in the document designated Retirement Plan and Trust for the Police Officers of the City ofClennont, attached hereto and made part hereof. SECTION 2: Specific authority is hereby granted to codify and incorporate this Ordinance in the existing code of Ordinances of the City Of Clermont, Florida, " L í . . ~ SECTION 3: All Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. SECTION 4: If any section, subsection, sentence, clause, phrase of this Ordinance, or any particular application thereof shall be held invalid by any court, administrative agency, or other body with appropriate jurisdiction, the remaining section, subsection, sentences, clauses, or phrases under application shall not be affected thereby. SECTION 5: Plan benefit improvements provided by this Ordinance shall apply prospectively and shall not apply to any Plan Member who has tenninated employment or who has retired prior to the effective date of this Ordinance. SECTION 6: That this Ordinance shall be effective retroactive to December 31, 1999. PASSED ON FIRST READING, this 13th day of February, 2001. PASSED AND ADOPTED ON SECOND READING, this 27th day of February, 2001. ~~~~ 1'fãrold S, Turville, Jr. Mayor, City of Clermont, Florida ATTEST: