O-371-72 ORDINANCE NO. 371
AN ORDINANCE TO AMEND SECTION 3 OF THE
MIAMI SHORES PENSION PLAN ORDINANCE NO.
273, AS AMENDED BY ORDINANCES NOS. Z91,
321, 326, 341 and 349.
BE IT ORDAINED BY MIAMI SHORES VILLAGE:
FIRST: That Sub-section (1) of Section 3 of Ordinance
No. 273 is hereby amended so that the same shall read as follows:
"(I) (as amended by Ordinance No. 349) 'Average
final compensation' means the average highest
annual compensation of a member for any sixty
(60) consecutive calendar months within the
last one hundred twenty (120) calendar months
of creditable service immediately preceding
the date of retirement. 11
SECOND: In all other respects said ordinance is unaffected
by this amendment.
THIRD: This ordinance shall be effective as of date
of passage.
PASSED and ADOPTED this 5th day of December, 1972.
Mayor
ATTEST:
Village Clerk