AN ORDINANCE
NO ___________
An Ordinance providing for the employer contributions to the Columbus, Georgia
Pension Plan for employees of the Department of Public Safety for the fiscal
year beginning July 1, 2016:
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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; and
WHEREAS, the Actuarial Consultants have evaluated the Public Safety Employees?
Pension Plan, and the investment return assumption of 7% per annum, and thus
determined that the funding required for fiscal year ending June 30, 2017 is
$11,544,245. The amount to be prorated among the CCG Public Safety Employees is
99.21% or $11,453,045 and Columbus Airport Commission Public Safety Employees
is 0.79% or $91,200.
NOW THEREFORE THE COUNCIL OF COLUMBUS, GEORGIA HEREBY ORDAINS:
That the following named agencies shall make the following monthly
contributions for fiscal year 2017 to the Finance Director of the Consolidated
Government as their prorated share of the contributions, payable the first of
each month:
Consolidated Government $ 954,420.42
Columbus Airport Commission $ 7,600.00
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Introduced at a regular meeting of the Council of Columbus, Georgia, held the
7th day of June, and introduced a second time at a regular meeting of said
Council held on the 14th day of June, 2016 and adopted at said meeting by the
affirmative vote of __________ members of said Council.
Councilor Allen voting_____________.
Councilor Baker voting_____________.
Councilor Barnes voting____________.
Councilor Davis voting_____________.
Councilor Garrett voting____________.
Councilor Henderson voting_________.
Councilor Huff voting______________.
Councilor Pugh voting______________.
Councilor Thomas voting___________.
Councilor Woodson voting__________.
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TINY B. WASHINGTON, CLERK TERESA PIKE
TOMLINSON, MAYOR
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