The appropriate administrator of the system of employee benefits plans shall, after
the approval of the metropolitan employee benefit board, recommend to the director
of finance, the desirable plan of increase in benefits payable to members, retired
members, and survivors of members of the retirement plans listed in Section 13.09 (a)—(c). The director of finance shall approve or modify the plan increase, and forward
the same, with a statement of full budgetary implications, to the mayor for his or
her approval. The mayor shall approve the plan or approve it subject to his or her
modifications. Thereupon, the mayor shall submit the same to the council with recommendations
that it be adopted effective at the beginning of the next fiscal year, except the
effective date for the fiscal year beginning July 1, 1975, shall be as stated by adopting
resolution.
The council shall (1) adopt the benefits increase plan, or (2) reject it. Adoption
or rejection shall be by resolution not requiring the approval of the mayor. When
a benefit increase plan is rejected by the council, it shall be returned to the metropolitan
employee benefit board, which may thereupon formulate another benefit increase plan
and transmit the same to the mayor for handling under the provisions above set forth.
Upon the approval of the plan by the mayor and the council, this shall be the benefits
payable to members, retired members, and survivors of members of the retirement plans
listed in Section 13.09 (a)—(c).
(Res. No. 72-380, § 1, 11-7-72; Res. No. 74-869, § 1, 11-5-74; amended by referendum
election of November 6, 2018, Amdt. 6)
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