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ORDINANCE NO. 98-906 <br />AN ORDINANCE OF THE CITY OF CASSELBERRY, <br />AMENDING ORDINANCE 97-898, ADOPTING AND <br />RESTATING THE CITY OF CASSELBERRY GENERAL <br />EMPLOYEES' PENSION PLAN; AMENDING SECTION 62- <br />452, MEMBERSHIP; AMENDING SECTION 62-453, <br />BOARD OF TRUSTEES; AMENDING SECTION 62-459, <br />VESTING; PROVIDING FOR SEVERABII,ITY OF <br />PROVISIONS; REPEALING ALL ORDINANCES IN <br />CONFLICT HEREWITH AND PROVIDING AN <br />EFFECTIVE DATE. <br />BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF <br />CASSELBERRY, FLORIDA; <br />SECTION 1: The Ciry of Casselberry General Employees' Pension Plan, adopted by <br />ordinance 97-898 of the City of Casselberry, is amended by amending Section 62-452, <br />Membership, to read as follows: <br />SECTION 62-452. MEMBERSHIP. <br />1. Conditions of Eli ibili <br />A. All General Employees who are employed by the Ciry on or after <br />January 1, 1996 shall become Members of this System as a condition of <br />employment. <br />B. Notwithstanding subsection A., a General Employee employed on or <br />after January 1, 1998, or a part-time employee who becomes afull-time <br />employee on or after that date, may, in the event he has elected to <br />participate in the Defined Contribution Plan provided by the City, within <br />the first thirty (30) days of his employment or term, notify the Board and <br />the Ciry, in writing, of his irrevocable election not to be a Member of the <br />System. In the event of such election, he shall be barred from future <br />membership in the System. <br />C. Notwithstanding subsection A., any General Employee who is a Member <br />of the System on December 31, 1997, may, on or before January 31, <br />1998, notify the Board and the Ciry, in writing, of his irrevocable <br />1 <br />