Title
Ordinance supplementing the Pittsburgh Code at Title One: Administrative, Article XI: Human Resources, Chapter 192: Pensions, by adding Subsection 192.02 (3), so as to add language to allow for elimination of the social security offset for municipal employees.
(Public Hearing held 11/18/21)
Body
The Council of the City of Pittsburgh hereby enacts as follows:
Section 1. The Pittsburgh Code, Title One: Administrative, Article XI: Human Resources, Chapter 192: Pensions, Section 192.02: Prohibition on Pension Enhancements, is hereby amended as follows:
§ 192.02 - PROHIBITION OF PENSION ENHANCEMENTS.
In order to continue the Act 47 initiatives regarding the City's pension liabilities, the City shall make no enhancements to existing pension benefits, including retroactive benefits outside of the collective bargaining/arbitration process.
(1) This includes any changes to eligibility and vesting requirements, as well as the payout formulas, that would lead to increased pension liability.
(2) Service increment amounts, based on years of service over twenty (20), shall not be increased.
(3) This prohibition shall not apply to the elimination of the social security offset for municipal employees.