Item - 2024.GG18.30

Tracking Status

  • City Council adopted this item on December 17 and 18, 2024 without amendments and without debate.
  • This item was considered by the General Government Committee on November 20, 2024 and adopted without amendment. It will be considered by City Council on December 17 and 18, 2024.
  • See also By-law 1364-2024

GG18.30 - Amendment to By-law Governing the City-sponsored Pension Plan - Toronto Fire Department Superannuation and Benefit Fund

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
All

City Council Decision

City Council on December 17 and 18, 2024, adopted the following:

 

1. City Council amend By-law 10649 governing the Toronto Fire Department Superannuation and Benefit Fund to increase the Plan Committee Chair Honorarium amount from $7,500 to $15,000 per annum.

Background Information (Committee)

(October 28, 2024) Report from the Executive Director, Finance Shared Services on Amendment to By-law Governing the City-sponsored Pension Plan - Toronto Fire Department Superannuation and Benefit Fund
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250018.pdf

GG18.30 - Amendment to By-law Governing the City-sponsored Pension Plan - Toronto Fire Department Superannuation and Benefit Fund

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The General Government Committee recommend that:

 

1. City Council amend By-law Number 10649 governing the Toronto Fire Department Superannuation and Benefit Fund to increase the Plan Committee Chair Honorarium amount from $7,500 to $15,000 per annum.

Origin

(October 28, 2024) Report from the Executive Director, Finance Shared Services

Summary

This report seeks an amendment to the by-law governing the Toronto Fire Department Superannuation and Benefit Fund (the Plan) to increase the Plan Committee Chair Honorarium amount from $7,500 to $15,000 per annum.

Background Information

(October 28, 2024) Report from the Executive Director, Finance Shared Services on Amendment to By-law Governing the City-sponsored Pension Plan - Toronto Fire Department Superannuation and Benefit Fund
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250018.pdf

Motions

Motion to Adopt Item moved by Councillor Stephen Holyday (Carried)
Source: Toronto City Clerk at www.toronto.ca/council