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File #: 2014-0614    Version: 1
Type: Resolution Status: Passed Finally
File created: 7/8/2014 In control: Committee on Finance and Law
On agenda: Final action: 7/22/2014
Enactment date: 7/22/2014 Enactment #: 493
Effective date: 7/24/2014    
Title: Resolution providing for an agreement or agreements with a Mockenhaupt Benefits Group to provide actuarial services for the CITY of Pittsburgh for a period of four years, for the years 2014 through 2017, at a cost not to exceed One Hundred Thousand Dollars ($100,000) per year and providing for the cost thereof.
Indexes: AGREEMENTS
Attachments: 1. 2014-0614.doc
Presenter
Presented by Ms. Rudiak
 
Title
Resolution providing for an agreement or agreements with a Mockenhaupt Benefits Group to provide actuarial services for the CITY of Pittsburgh for a period of four years, for the years 2014 through 2017, at a cost not to exceed One Hundred Thousand Dollars ($100,000) per year and providing for the cost thereof.
 
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
 
Section 1.      The Mayor and the Director of Finance, on behalf of the CITY of Pittsburgh, are hereby authorized to enter into an agreement or agreements, in a form approved by the CITY Solicitor, with Mockenhaupt Benefits Group to provide actuarial services for the CITY of Pittsburgh for a period of four years, for the years 2014 through 2017, at a cost not to exceed One Hundred Thousand Dollars ($100,000) per year subject to annual appropriation, chargeable to and payable from the Department of Finance, Professional and Technical Services Account, Budget Years 2014, 2015, 2016 and 2017.
 
The CITY Controller shall encumber funds for the Actuarial Services, subject to funds to be appropriated by CITY Council in the respective budget years from JDE account 11101.107000.53501.
 
The Comprehensive Municipal Pension Trust shall reimburse the CITY annually for actuarial services provided to the pension plans through this Agreement. The CITY Controller is directed to deposit these reimbursements when made to the following JDE accounts:
 
            Police            11101.107000.43147
            Fire            11101.107000.43133
            Municipal      11101.107000.43143