Ordinance 67963

Employees Retirement System

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Summary

BOARD BILL NO. 521 INTRODUCED BY ALDERMAN STEPHEN GREGALI An Ordinance pertaining to the Employees Retirement System of the City of St. Louis (the “Retirement System”) repealing the following: Subsection 6 of Section Six; Section Eight; Paragraph B of Subsection 1 of Section Nine; Subsection 6 of Section Nine; Paragraph A of Subsection 7 of Section Nine; and Subsection 6 of Section Ten of Ordinance No. 66511 and enacting new provisions related to the same subject matter; amending Section Seven, Section Nine, and Section Sixteen of Ordinance No. 66511 enacting new provisions related to the same subject matter; repealing Subsection 10 of Section Fourteen of Ordinance 66511; authorizing and directing the Board of Trustees of the Retirement System to seek a “Qualified Status” determination letter from the Internal Revenue Service and to adopt regulations related thereto; and containing a severability clause.

Overview

Session: 2007-2008

Board Bill Number: 521

Sponsor: Stephen Gregali

Committee: Public Employees

Effective: 04/17/2008

Legislative History

  • 02/22/2008

    First Reading

  • 02/29/2008

    Second Reading

  • 03/07/2008

    Perfection

  • 03/07/2008

    Third Reading

Topics

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