HomeMy WebLinkAboutOrdinance No. 278 ORDINANCE NO, a� 7�
WHEREAS, the governing body of the City of Friendswood, Texas
has heretofore elected to have the employees of all departments of the city
government participate in the Texas Municipal Retirement System (such
departments being hereinbefore called "participating departments"), and
WHEREAS, Chapter 312, Acts Regular Session, 56th Legislature
provides for establishment in said System of a Supplemental Benefits Fund
to provide for additional disability benefits for serviee connected disabilities,
and
WHEREAS, the governing body of the City of Friendswood, Texas,
finds that it will be in the public interest to provide for participation of employees
of such departments in said Supplemental Benefits Fund; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
STATE OF TEXA.S:
Section 1. The City of Friendswood, Texas, by its City Council
hereby elects to have the employees of all participating departments of said
city (as above defined) participate in and be covered by the Supplemental
Benefits Fund of the Texas Municipal Retirement System, as provided by
Chapter 312, A.cts Regular Session, 56th Legislature; and all the benefits
and obligations of participation in said Fund are hereby accepted by the city
as to such employees.
Section 2. The City Manager is hereby directed to notify the Board
of Trustees of the Texas Municipal Retirement System that the City of
Ff?iendswood, Texas, has elected to participate and have the employees of
the above mentioned departments participate in the Supplemental Benefits
Fund of said System.
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Section 3. Each person who becomes an employee of any participating
department on or after the effective date of participation of such department
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in said Fund shall as a condition of his employment be covered into the
Supplemental Benefits Fund of said System. The City of Friendswood,
Texas, may in the future refuse to add new departments or new employees
' to said Fund, but shall never discontinue as to any members who are
covered into the Fund.
Section 4. The City Manager is hereby directed to remit monthly
to the Board of Trustees of the Texas Municipal Retirement System at its
office in Austin, Texas, as the City's contributions to the Supplemental
Benefits Fund of the Texas Municipal Retirement System, such percentage
of earnings of the above-mentioned employees of said city as may be fixed
by the Board of Trustees of the Texas Municipal Retirement System, pro-
vided that the rate of contribution to said Fund sha11 not exceed one-half of
one percentum (1/2%) of the earnings of the employees of said city who
are covered under said Fund; and such official sha11 make for the City
such reports as the Board of Trustees of the Texas Municipal Retirement
System may prescribe,
Section 5. Participation of the above-mentioned employees in the
Supplemental Benefits Fund shall be �effective July 1, 1977.
PASSED AND APPROVED on first reading this the 16tlalay of
May , 19??.
PASSED AND APPROVED on second reading this the 6th day
of June , 1977,
PASSED AND APPROVED on third and final reading this the 20th
June , 1977,
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City Secretary
APPROVED AS TO FORM;
City Attorney
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