Presented
Presented by Ms. McDonald
Title
An Ordinance amending and supplementing Resolution No. 13 as amended, approved January 28,1992 entitled: "Establishing the Retirees Additional Benefits Trust Fund (RABTF) and certain funding disbursement guidelines for such trust fund and authorizing and directing the appropriate City Officials to carryout such guidelines." by making certain changes to determine eligibility of benefit.
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. Resolution No. 13, as amended, approved January 28,1992 entitled: "Establishing the Retirees Additional Benefits Trust Fund (RABTF) and certain funding disbursement guidelines for such trust fund and authorizing and directing the appropriate City Officials to carryout such guidelines." is hereby amended to read as follows:
Section 1. The Director of the Department of Finance and the City Controller are hereby authorized and directed to establish a trust fund in a City depository to be known as the Retirees Additional Benefits Trust Fund (RABTF).
Section 2 For the Fiscal Year 1992, the Mayor and the administration are authorized and directed to appropriate an amount equal to the revenue generated by one twenty-sixth of the revenue generated by the parking tax based upon 1992 parking tax estimated revenue to Code Account 58-3 (005835) Retired Employees Trust.
Section 3 For the fiscal year 1993, the Mayor and the administration are authorized and directed to appropriate to Code Account 58-3 (005835) Retired Employees Trust an amount equal to the sum of one twenty-sixth of the revenue generated by the parking tax (based upon 1993 estimated parking tax revenue) and an amount equal to $7.50 times the actual number of on street and off street parking meter violation tickets paid during 1991. Specifically parking violations, Pittsburgh Code, Chapters 543.02, 543.03, 543.04, 543.05, and all sections of Chapter 545.
Section 4 For e...
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