Fort Walton Beach Ordinance — 1686 Amend General Employees Pension - Election to Participate — reading text

by the distributee. 986 ( 6) Rollovers or Transfers into the Fund. On or after the effective date of this 987 ordinance, the fund will accept either a direct rollover of an eligible rollover distribution or a 88 member contribution of an eligible rollover distribution from an eligible plan under section 989 457(b) of the Code which is maintained by a state, political subdivision of a state, or any agency 990 or instrumentality of a state or political subdivision of a state, for the purpose of purchasing 991 credited service under the Plan pursuant to section 17- 13( 3). 992 993 994 995 996 997 998 999 1000 1001 1002 J03 Docid: c:\ my documents\ worddocs\ pension\ general employees plan\ plan rewrite - 10 08 02\ fwb gen pen plan - 9- 30- 02 revision final.doc Page 34  LEWIS, LONGMAN & WALKER, P.A. ATTORNEYS AT LAW REPLY To: TALLAHASSEE January 17, 2006 Helen Spencer, City Clerk City of Fort Walton Beach Post Office Box 4009 Fort Walton Beach, FL 32549 Re: Ordinance No. 1686 Dear Ms. Spencer: Enclosed is the original copy of Ordinance No. 1686, which I have signed. With best regards, I am Sincerely, W t Y: JWLI es inn Enclosure Helping Shape Florida's Future@ TALLAHASSEE WEST PALM BEACH BRADENTON JACKSONVILLE Road PO Box 10788 ( 32302) 1700 Palm Beach Lakes Blvd. 1001 Third Avenue West 9428 Baymeadows 125 South Gadsden Street, Suite 300 Suite 1000 SUite 670 SUite 625 Tallahassee, Florida 32301 West Palm Beach, Florida 33401 Bradenton, Florida 34205 Jacksonville, Florida 32256 I 561- 640- 0820 · f I 561 - 640- 8202 I 941- 708- 4040 · f I 941- 708- 4024 p I 904 737- 2020 · f I 904- 737- 3221 p I 850- 222 5702 · f I 850- 224- 9242 p r www. llw- Iaw. com  l City of Fort Walton Beacn L- \\'\ v America' s Most Beautiful Beaches I~ ~ 1' f'> t. \, ~ \ ' r'.\ 107 Miracle Strip Parkway, SW * P. O. Box 4009 * Port Walton Beach, Fl32549 t' " , '; Vy 7'.:'~ 850) 833- 9500 * Fax ( 850) 833- 9640 www. fwb. org TDD ( 850) 833- 9925 Helen Spencer City Clerk 850) 833- 9509 hspencer@fwb. org January 11, 2006 James W. Linn, Pension Attorney Lewis, Longman & Walker, P. A. P. O. Box 10788 125 S. Gadsden Street, Suite 300 Tallahassee, FL 32302 Dear Mr. Linn: Enclosed please find Ord. 1686 adopted by City Council on January 10, 2006 relating to the City of Fort Walton Beach General Employees Retirement Plan to provide for a one- time election to participate in the plan for nonmembers; to provide for the purchase of service credit for past service with the City; and to provide for the direct transfer from eligible 457 plan to purchase past service. Please sign page 3 and mail the original page to me for our records. If you have any questions, please contact me at 850- 833- 9509. Sincerely, Hi!:t: City Clerk ce~ Slm  L~ rtg6FORI WAL10N BEACH FLORIDA s Dail~ ~e~~~> NOIICE' Of HEARING P~~~ C HEARING will PUBLIC on the' following e ~ at Jli; h sd- Ilt- Lll :" ro~ Q. sed ordinanced on Tues ay, 7: 0 tne r1-, ~ '1 : j"~ti .=- 3 ~.a(:. L' a 0''' 1~ 0:--:- ~ 7;Cj,D Janua~ PYa 2006,atin fort Councl. Cn'a_mber ib : r Dis-:~ :G~ Q irl Cbl: 21crrCJS8.. ~~~-: 2. r~)C:SE 6: ~ l:)JD CJ 0, ::'::, A- 2- L := i' 2 S. lI, Walton Beach City Ha.