Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> from <br /> change in Consumer Price Index for All Urban Consumers, <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 eftective 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 /> increase 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 /> <br /> Section 3. Effective Date. <br /> Subject to approval by the Board of Trustees of Texas <br /> Municipal Retirement System, the updated service credits and <br /> f Januarya 990by shall be and <br /> increases in retiremhet l t annuities <br /> become effective on Y o <br /> Passed and adopted this llth day of September, 1989. <br /> <br /> <br /> Eric S. Cli o ayor <br /> <br /> <br /> <br /> ATTEST: <br /> <br /> <br /> <br /> Mattie Cunningham, City lerk <br /> <br /> APPROVED AS 0 FORM: <br /> <br /> <br /> <br /> <br /> . . Ha ne , City A <br />