City Council adopts changes to North Miami police pension in unanimous second-reading vote

At its Tuesday meeting the North Miami City Council adopted on second reading amendments to the city’s Police Pension Plan, listed in the agenda as amendments to ordinance No. 748. The ordinance amendments modify multiple code sections, including Section 15-121 to provide for a 9.51% member contribution and Section 15-129 to provide for a 3.75% multiplier retroactive to June 1, 2010 for members employed on the effective date. The changes also consolidate the police share plan into the police pension plan and direct the plan’s board of trustees to administer the share plan under Section 15-173. Why it matters: Pension-plan changes affect current and future law-enforcement members' benefits and contributions; the retroactive multiplier and consolidation of share-plan elements are technical adjustments with actuarial and budget implications. Action and vote: Councilman Kevin Burns made the motion and the mayor seconded; the ordinance passed on a 5–0 roll-call vote. The clerk recorded the votes for each member on the record. Details and next steps: City staff said the amendments are consistent with earlier negotiations and board recommendations. The effective date and implementation steps will follow the ordinance text and administrative direction from the pension board.