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Topics Of Discussion  
Council Work Session
 
Meeting Date:
05/16/2023
Ohio Police And Fire Pension Fund - Amendment - IAFF
Submitted By:
Bryan Chodkowski
Department:
Council Committee Review?:
Council Work Session
Date(s) of Committee Review:
05/16/2023
Audio-Visual Needs:
None
Emergency Legislation?:
No
Motion/Ordinance/
Resolution No.:
Agenda Item Description or Legislation Title
Ohio Police And Fire Pension Fund - Amendment - IAFF
Purpose and Background
In its collective bargaining agreement negotiations with the City for the contract term of January 1, 2023 through December 31, 2025, IAFF Local 2926 agreed to forego the City's 1% pick-up of the required pension contribution in exchange for a 0.75% additional wage increase. Based on provisions of the Ohio Administrative Code, the Ohio Police and Fire Pension Fund requires the City adopt this legislation. Labor Counsel Jonathan Downes has reviewed and approved this legislation.
Fiscal Impact
Source of Funds:
N/A
Cost:
N/A
Recurring Cost? (Yes/No):
N/A
Funds Available in Current Budget? (Yes/No):
N/A
Financial Implications:
Attachments
Resolution
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