Title
Ordinance amending and supplementing the Pittsburgh Code, Title One, Administrative, Article XI, Personnel, Chapter 192, Pensions, Section 192.43, "Pension Payments; Amount; Time", Paragraph (a), relating to Policemen's Benefit Plan No. 2, to bring such section into compliance with the collective bargaining agreement dated January 1, 2005, between the City of Pittsburgh and the Fraternal Order of Police Fort Pitt Lodge No. 1.
Body
WHEREAS, the City desires to amend and supplement said Section 192.43 in order to remedy such inconsistencies;
NOW THEREFORE, be it resolved by the Council of the City of Pittsburgh as follows:
Section One:
The Pittsburgh Code, Title One, Administrative, Article XI, Personnel, Chapter 192, "Pensions", Section 192.43 "Pension Payments; Amounts; Time", Paragraph (a), relating to Policemen's Benefit Plan No. 2 is hereby amended and supplemented to read as follows:
? 192.43 "Pension Payments; Amounts; Time"
(a) Each employee in the Bureau of Police hired prior to January 1, 1992, shall be provided pension benefits as provided in the Policeman's Relief and Pension Fund of April 5, 1917, P.L. 39, as amended as of January 1, 1976 (53 P.S. ? 23641 et seq. and 53 P.S. ? 730.1-730.5, inclusive). Beneficiaries under Policemen's Benefit Plan No. 2, who retire or who become eligible to receive a pension allowance on or after January 1, 1988, shall be entitled to receive from the fund, per month, an amount equaling fifty (50) percent of the average monthly earnings received by the contributor as an employee of the Bureau of Police of the City during the last forty-eight (48) consecutive months preceding retirement, except that if the employee was hired on or after January 1, 1992 but before January 1, 2005, then the beneficiary shall be entitled to receive from the fund, per month, an amount equaling fifty (50) percent of the average monthly earnings received by the contributor as an employee of the Bureau of Police ...
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