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Last modified
6/9/2023 10:56:33 AM
Creation date
6/9/2023 10:55:51 AM
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Ordinances
Ordinance Number
2023-009
Adopted Date
06/06/2023
Agenda Item Number
10.A.3.
Ordinance Type
Amending Section 104.03
State Filed Date
06\08\2023
Entity Name
Indian River County Human Resources Dept.
Subject
Creation of 104.03.1Amending Section 104.03 Defined distribution plan;
to modify the County retirement benefits
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ORDINANCE NO. 2023- 009 <br />AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, AMENDING SECTION 104.03 <br />(RETIREMENT SYSTEM) AND CREATION OF SECTION 104.03.1 <br />(DEFINED CONTRIBUTION PLAN) OF CHAPTER 104 (HUMAN <br />RESOURCES) TO MODIFY THE COUNTY RETIREMENT BENEFITS; <br />AND PROVIDING FOR CODIFICATION, SEVERABILITY, REPEAL OF <br />CONFLICTING PROVISIONS; AND AN EFFECTIVE DATE. <br />NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA THAT: <br />Section 1. Enactment Authority. <br />Article VIII, section 1 of the Florida Constitution and chapter 125, Florida Statutes vest <br />broad home rule powers in counties to enact ordinances, not inconsistent with general or <br />special law, for the purpose of protecting the public health, safety and welfare of the <br />residents of the county. The Indian River County Board of County Commissioners <br />specifically determines that the enactment of this ordinance is necessary to protect the <br />health, safety and welfare of the residents of Indian River County. <br />Section 2. Amendment of Section 104.03 (Retirement system) and creation of <br />section 104.03.1 (Defined Contribution Plan) of Chapter 104 (Human Resources) of <br />the Code of Indian River County, Florida. <br />New language indicated by underline, and deleted language indicated by StFikethFO g -h <br />Section 104.03 (Retirement system) of Chapter 104 (Human Resources) of the Code of <br />Indian River County, Florida is amended and section 104.03.1 (Defined Contribution Plan) <br />of Chapter 104 (Human Resources) of the Code of Indian River County, Florida, is hereby <br />created to read as follows: <br />CHAPTER 104. — HUMAN RESOURCES. <br />Section 104.03. — Retirement system. <br />Except as set forth in section 104.03.1 below, or as prohibited by statute, employees <br />Ernpleye working in full-time or part-time regularly established positions have <br />membership in the Florida Retirement System (FRS). FRS is contributory for members; <br />contributions are also made on behalf of the members by the sOURty County. <br />Section 104.03.1. - Defined Contribution Plan. <br />1 <br />
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