R5I - Amend Police/fire Pension Ordinance

An Ordinance Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Amending Part I, Subpart B, Article Ix, Related Special Acts, Of The Miami Beach City Code Entitled "pension System For Disability And Retirement Of Members Of Police And Fire Departments"; Amending Section 62, “definitions”, Related To Actuarial Assumptions; Amending Section 65, Entitled "computation Of Creditable Service; Service Record”; Amending Section 76, “board Of Trustees”, To Provide For Staggered Three (3) Year Terms; Amending Section 90, Entitled "benefits For Members Hired On Or After May 8, 2019 For International Association Of Firefighters, Local 1510 ( Iaff) And On Or After July 31, 2019 For Fraternal Order Of Police, William Nichols Lodge No. 8 (fop)”; Providing For Severability; Repealing All Ordinances In Conflict Herewith; And Providing An Effective Date.