Laserfiche WebLink
PARIS FIREFIGHTERS' RELIEF AND RETIREMENT FUND <br />This Adoption agreement is adopted by the Board of Trustees as follows: <br />WITNESSETH: <br />WHEREAS, the Board of Trustees, has heretofore adopted the Paris Firefighters' Relief and Retirement <br />Fund herein referred to as the "Plan" or the "Fund" pursuant to Vernon's Annotated Civil Statute, Article <br />6243e, the Texas Local Fire Fighters Retirement Act; and <br />WHEREAS, the Board of Trustees now desires to amend and restate the Plan. <br />NOW, THEREFORE, to carry such amendment and restatement into effect, the Board of Trustees does <br />hereby adopt the amended and restated Paris Firefighters' Relief and Retirement Fund, the terms and <br />conditions of which are fully set out in the attached Sections 1 through 13, which are incorporated by <br />reference. <br />Except as otherwise specifically designated in the Plan, the effective date of the Plan as hereby amended <br />and restated is the latest of the following: (a) the adoption of an ordinance authorizing the issuance of <br />the City of Paris, Texas Pension Bonds, Taxable Series 2022; (b) the execution of the Agreement <br />Regarding City Pension Obligation Bonds by the Mayor and the Chairman of the Fund; (c) the deposit <br />by the City of Paris, Texas of a City contribution to the Fund of an amount equal to the proceeds from <br />the issuance of the City of Paris, Texas Pension Bonds; or (d) October 1, 2022 (the Effective Date). <br />The provisions of the Plan set out below shall be applicable to all Firefighters of the Paris Firefighters' <br />Relief and Retirement Fund who are active Firefighters of the Fund as of the Effective Date, and to those <br />who become Firefighters on or after that date. The benefits of each Firefighter who had retired, become <br />disabled, or terminated, as well as each beneficiary whose benefits had already been determined as of <br />the Effective Date, shall be as specified under the Fund provisions in effect prior to this amendment. <br />Signed this day of , 2022. <br />TRUSTEES OF THE PARIS FIREFIGHTERS' RELIEF AND RETIREMENT FUND <br />