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<br /> <br /> <br /> <br /> <br /> <br /> change in Consumer Price Index for Al1 Urban Consumers, from <br /> December of the year immediately proceding the effective date of <br /> the person's retirement to the December that is 13 months before <br /> the effective date of this ordinance. <br /> (c) An increase in an annuity that was reduced because of <br /> an option selection is reducible in the same proportion and in <br /> the same manner that the original annuity was reduced. <br /> <br /> (d) If a computation hereunder does not result in an <br /> iticrease in the amount of an annuity, the amount of the annuity <br /> will not be changed hereby. <br /> (e) The amount by which an increase under this Section <br /> exceeds all previously granted increases to an annuitant is an <br /> obligation of this City and of its account in the municipality <br /> accumulation fund of the Texas Municipal Retirement System. <br /> Section 3. Effective Date. <br /> <br /> Subject to approval by the Board of Trustees of Texas <br /> Municipal Retirement System, the updated service credits and <br /> increases in retirement annuities granted hereby shall be and <br /> become effective on the lst day of January, 1991. <br /> Passed and adopted this 12th day o ovember, 1990. <br /> ~ <br /> , <br /> <br /> Eric . or <br /> <br /> <br /> ATTES'T : <br /> <br /> <br /> c <br /> Mattie Cunningham, Cit C erk <br /> <br /> <br /> APPROVED AS TO FORM: <br /> <br /> <br /> ~ <br /> T. K. Haynes, City Attorney <br />