HomeMy WebLinkAbout11-533
NOVEMBER 22, 2011 11-533 RESOLUTION
(CARRIED___7-0_____LOST________LAID OVER________WITHDRAWN________)
PURPOSE: APPROVE WRS OFFSET FOR EMPLOYEES IMPACTED IN 2011
INITIATED BY: CITY ADMINISTRATION
WHEREAS, wage adjustments were suspended in 2011 for non-represented
employees; and
WHEREAS, with the passage of Act 10 by the State of Wisconsin, non-represented
employees and newly hired public safety employees were required to begin making the
required WRS contribution in 2011 while no other employee will be required to make such
contribution until 2012 or later; and
WHEREAS, the employee contribution to WRS was not anticipated in the 2011
budget, making funds available for an adjustment for those employees currently subject to
the WRS contribution.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that a non-base WRS offset adjustment of 4% of the salary earned during the
period that employee WRS contributions were being made for employees currently subject
to the WRS contribution is hereby approved and the appropriate city staff is hereby
authorized and directed to take such action as is appropriate and necessary to implement
this adjustment.