HomeMy WebLinkAboutOrdinance No. 83-27 r
ORDINANCE N0 . � v��J
AN ORDINANCE AFFECTING PARTICIPATION OF CITY EMPLOYEES
IN THE TEXAS NNNICIPAL RETIREMENT SYSTEM; GRANTING THE
ADDITIONAL RIGHTS, CREDITS AND BENEFITS AUTHORIZED BY
SECTIONS 62 . 105 AND 64 .202 OF TITLE 110B, REVISED CIVIL
STATUTES OF TEXAS, 1925, AS AMENDED; PROVIDING THAT SUCH
RIGHTS SHALL BE SUPPLEMENTARY TO THOSE HERETOFORE ALLOWED
AND THAT ARE IN FORCE ON THE EFFECTIVE DATE OF THIS
ORDINANCE ; AND PRESCRIBING THE EFFECTIVE DATE OF THIS
ORDINANCE .
BE IT ORDAINED BY THE CITY COUNCIL OF FRIENDSWOOD, TEXAS :
Section 1 . Pursuant to the provisions of Sections 62 . 105 and
64. 202 of Subtitle G of Title 110B, Revised Civil Statu�es of Texas ,
1925 , as amended, which Subtitle shall herein be referred to as
the "TMRS ACT, " the City of Friendswood, Texas , adopts the
following provisions affecting participation of its employees in
the Texas Municipal Retirement System:
(a) Each person who becomes an employee of any participating
department of this City and who is not already a member of the
Texas Municipal Retirement System shall become a member of the
System as a condition of employment , provided such person is then
under sixty (60) years of age;
(b) Any member, after one (1) year from the effective date
of his or her membership in the S_ystem, shall be eligible for
service retirement if he or she has attained the age of fifty
(50) years and has completed twenty-five (25) years of creditable
service with one or more municipalities that have authorized
eligibility under Section 64 .202 of the TMRS Act or under Section
XX of former Article 6243h, Vernon' s Texas Civil Statutes , or if
he or she has attained the age of sixty (60) years and has completed
at least ten (10) years of creditable service with one or more
municipalities that ha.ve authorized eligibility under Section 64 .202
of the TMRS Act of under Section XX of said former Article 643h;
(c) The membership of any person who has completed at least
ten (10) years of creditable service with participatin� municipalities
that have authorized eligibility under Section 64.202 of the TMRS
Act (or under Section XX of said former Article 6243h) shall not
terminate because of absence from service; and
(d) Any person who is an employee of a participating
department of this municipality at the effective date of this
ordinance, but who at the date of his or her employment was under
sixty (60) years of age but did not become a member of Texas
Municipal Retirement System because he or she was then above the
m�imum age then prescribed by law for initial membership in the
System, shall become a member of the System at the effective date
of this ordinance, unless he or she has already become a member
under other provisions of the governing Act, and shall be allowed
prior service credit for each month of creditable service perfor�ed
for this municipality subsequent date of his or her membership .
Such prior service credit shall be calculated using the same
percentage of base prior service credit as was most recently used
in calculating prior service credits or upda�ed service credits
in said System for c�rrent member employees of this City.
Section 2 . The rights , credits and benefits hereinabove
authorized shall be in addition to the plan provisions heretofore
adopted and in force at the effective date of this ordinance
pursuant to the TMRS Act .
Section 3 . This ordinance shall become effective on the first
day of � �_ . . � �,,_ , 191�-,[—, provided that it has previously
been determined by' the Actuary for the System that all obligations
of the City to the municipality accumulation fund, including
obligations hereby undertaken, can be funded by the City with its
maximum contribution rate and within its amortization period.
PASSED AND APPROVED on first �eading this the �1,�f day of
�'�.�-Z.c��s�,.��..2.- f , 19 83 .
PASSED AND APPROVED on second reading this the �7� day of
_ �%Y�N�'ryt-��'.x�' , 1983 .
PAS9ED, APPROVED ANn ADOPTED on third and final reading this
the � day of �`E���;�,,�-�-1-' -t.-�"r , 1983 .
� �' �.,�,--�._
� ayor
ATTEST:
. ` h- �, _�4. f.�
City Secretary