Skip to main content
File #: 25-0934   
Type: Ordinance-S Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 6/4/2025 Final action: 6/4/2025
Title: Transfer of Retirement Funds to Arizona State Retirement System (Ordinance S-51993) - Citywide
District: Citywide

Title

Transfer of Retirement Funds to Arizona State Retirement System (Ordinance S-51993) - Citywide

 

Description

Request to authorize the City Manager, or his designee, to transfer retirement funds for Michelle Thompson in the amount of $6,067.55 to the Arizona State Retirement System. Further request to authorize the City Controller to disburse the funds.

 

Report

Summary

Pursuant to Arizona Revised Statutes, Sections 38-730 and 38-322, retirement service credits for former member of the City of Phoenix Employees' Retirement System (COPERS) may be transferred to the Arizona State Retirement System upon approval by the City Council. The following former City of Phoenix employee has requested transfer of the balance of her credited service:

 

Thompson, Michelle: $6,067.55

 

Concurrence/Previous Council Action

This item was approved by the COPERS Board at the May 1, 2025, meeting.

 

Department

Responsible Department

This item is submitted by Deputy City Manager David Mathews and the Retirement Office.