R-0900-92 RESOLUTION NO. 900-92
RESOLUTION OF MIAMI SHORES VILLAGE COUNCIL
EXPRESSING OPPOSITION TO STATE LEGISLATION
REQUIRING MUNICIPALITIES TO TOTALLY FUND STATE
BUREAU THAT REVIEWS MUNICIPAL PENSION FUNDS.
WHEREAS, the Legislature of the state of Florida heretofore
sought to shift the costs of a state bureau to the local tax base
by enactment of SB 102-H, and
WHEREAS, said state bureau sought to be so funded performs in
the capacity of a review body of municipal pension funds, and
WHEREAS, the financial burden sought to be shifted to local
pension plans by said action would greatly impact municipalities
who would be required to make up any shortfall and pension funds
resulting from said action, and
WHEREAS, the state of Florida has established the requirement
of review by the state bureau in addition to the existing statutory
requirements of actuarial review of each plan every three years, in
addition to comprehensive statutory safeguards for actuarial
soundness, and
WHEREAS, it is believed by the Miami Shores Village Council
that the cost of such redundant action required by the state should
be borne by the state,
NOW THEREFORE, BE IT RESOLVED BY THE MIAMI SHORES VILLAGE
COUNCIL THAT IT STANDS IN OPPOSITION TO THE ABOVE MENTIONED
LEGISLATION (SB102-H) AND ANY SUCH LEGISLATION SIMILAR
THERETO AND THE MIAMI SHORES VILLAGE MANAGER SHALL CAUSE THIS
RESOLUTION TO BE FORTHWITH DISTRIBUTED TO THE MEMBERS OF THE
FLORIDA LEGISLATURE AND ALL OTHER INTERESTED PARTIES.
ADOPTED this 1st day of December, 1992 .
STEVEN Jv. JQftSON
Mayor
ATTEST:
Gail Macdonald, Village Clerk
7
By.
Scott W. Davis, Deputy Village Clerk
APPROVED AS TO FORM:
William F. (Fan , Jr. n
Village Attorney