Columbus, Georgia

AN ORDINANCE



NO ___________





An Ordinance providing for the supplemental contributions to the Columbus,

Georgia Pension Plan for employees of the Department of Public Safety for the

fiscal year beginning July 1, 2005.





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WHEREAS, Ordinances heretofore adopted by the Council of Columbus, Georgia

provided for governmental contributions to the Public Safety Employees Pension

Plan for the benefit of eligible employees employees; and



WHEREAS, the Actuarial Consultants have reevaluated the Public Safety

Employees? Pension Plan and changed the investment return assumption to 7.00%

per annum and thus determined that the funding required for fiscal year 2006 is

$8,800,000.00.



NOW THEREFORE THE COUNCIL OF COLUMBUS, GEORGIA HEREBY ORDAINS:



The authorization of the new funding of the Columbus, Georgia Pension Plan for

employees of the Department of Public Safety by the appropriation of

$8,800,000.00 for fiscal year 2006.





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Introduced at a regular meeting of the Council of Columbus, Georgia, held the

____th day of June, 2005; introduced a second time at a regular meeting of said

Council held on the _____th day of June, 2005, an adopted at said meeting by

the affirmative vote of _____ members of said Council.



Councilor Allen Voting __________

Councilor Anthony Voting __________

Councilor Davis Voting __________

Councilor Henderson Voting __________

Councilor Hunter Voting __________

Councilor McDaniel Voting __________

Councilor Rodgers Voting

Councilor Suber Voting __________

Councilor Pugh Voting __________

Councilor Woodson Voting __________









_______________________________ _____________________________

Tiny B. Washington, Clerk Robert S. Poydasheff,

Mayor