Minutes 03/03/2015 - Laserfiche WebLink

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March 3, 2015 15 - 91 - Adoption of an ordinance to amend Section 30-77 of the Code of the City of Portsmouth, Virginia (2006) to permit the reemployment under the Virginia Retirement System of retirees under the Portsmouth Supplemental Retirement System. Vision Principle: Efficient, Responsive Government. Background:  City employees who retire under the now-closed Portsmouth Supplemental Retirement System (PSRS) currently stop receiving retirement benefits under PSRS if they resume employment with the City after retirement. Council has already made this change for the Portsmouth Fire and Police Retirement System (PFPRS). Discussion:  The current practice discourages experienced personnel from seeking post- retirement employment with the City and deprives the City of the benefit of their years of service, wisdom, and experience.  Other jurisdictions are benefitting at no cost from the years of training that the City has invested in the retirees.  Under the proposed amendment to the City Code, PSRS retirees will be able to return to City employment while continuing to receive their pensions.  Rehiring of every retiree who wishes to be re-employed by the City will not be not be guaranteed; the rehiring of retired employees will be based on departmental needs.  PSRS retirees will re-enter the work force at a lower pay grade than the one they left.  The re-employed retirees will become members of the Virginia Retirement System, subject to mandatory employee contributions, vesting, and other requirements of the System. Financial Impact:  The cost of training new employees will be eliminated by the rehiring of experienced retirees. Recommended Action:  Adoption of the ordinance. Vision Principle: Efficient, Responsive Government Next Steps Following Council Action:  The City will continue to accept applications from PSRS retirees under guidelines established by the City Manager. Motion by Mr. Moody, and seconded by Mr. Meeks, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE TO AMEND CHAPTER 30 OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA (2006) BY AMENDING SECTION 30-77 THEREOF PERTAINING TO THE RE-EMPLOYMENT OF RETIREES UNDER THE PORTSMOUTH SUPPLEMENTAL RETIREMENT SYSTEM.” Ayes: Cherry, Edmonds, Meeks, Moody, Psimas, Whitaker, Wright Nays: None 15 - 92 - Adoption of an ordinance accepting a Shelter Plus Care grant in the amount of $458,436 from the Department of Housing and Urban Development and appropriating said funds in the FY 2014-15 Grants Fund for use by the Department of Behavioral Healthcare Services to provide rental assistance to certain chronically homeless Portsmouth residents. Vision Principles: Neighborhoods and a Sense of Community, Quality of Life and Lifelong Learning . Community