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File #: 23-1617    Version: 1
Type: Bill Status: Passed
File created: 10/24/2023 In control: Finance & Governance Committee
On agenda: 11/13/2023 Final action: 11/22/2023
Title: A bill for an ordinance amending the 1963 Retirement Plan with regard to definitions, retirement benefits, Internal Revenue Code qualification requirements, disability retirement application; actuarial matters. Amends Article XII of Chapter 18 of the Denver Revised Municipal Code to clarify procedures and legal requirements, remove obsolete language, and ensure uniformity of the terms of the city employee retirement plan, citywide. The Committee approved filing this item at its meeting on 10-31-2023.
Indexes: Lucas Palmisano
Attachments: 1. BR23-1617_DERP_Bill_Resolution_request_Form_2023_omnibus, 2. BR23-1617_DERP_2023 Executive Summary omnibus_final, 3. BR23-1617_DERP_DERP Actuarial Impact October 2023_20231019s, 4. BR23-1617_DERP_Filed Bill_1963 Retirement Plan - Internal Revenue Code RAM 10102023_2nd Version, 5. 23-1617 Filed Bill_1963 Retirement Plan - Internal Revenue Code_11072023_RAM_Final, 6. 23-1617 Filed Bill_1963 Retirement Plan - Internal Revenue Code, 7. 23-1617_signed, 8. 23-1617 For an ordinance amending the 1963 Retirement Plan with regard to definitions,

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 10-30-2023

 

Requesting Agency: DERP

                               Division:

 

Subject Matter Expert Name: James Thompson
Email Address: james.thompson@derp.org
Phone Number:

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

A bill for an ordinance amending the 1963 Retirement Plan with regard to definitions, retirement benefits, Internal Revenue Code qualification requirements, disability retirement application; actuarial matters.

Amends Article XII of Chapter 18 of the Denver Revised Municipal Code to clarify procedures and legal requirements, remove obsolete language, and ensure uniformity of the terms of the city employee retirement plan, citywide. The Committee approved filing this item at its meeting on 10-31-2023.

body

 

Affected Council District(s) or citywide?

citywide

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?