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2541 ORD PLAN PROVISIONS RE: TEXAS MUNICIPAL RETIREMENT SYSTEM
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2541 ORD PLAN PROVISIONS RE: TEXAS MUNICIPAL RETIREMENT SYSTEM
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11/21/2017 4:28:35 PM
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CITY CLERK
CITY CLERK - Date
11/10/1981
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Section 2. The rights, credits and benefits hereinabove <br /> authorized shall be in addition to the plan provisions heretofore <br /> adopted and in force at the effective date of this ordinance pur- <br /> suant to the Act governing said System. <br /> <br /> Section 3. This ordinance shall become effective on the lst <br /> day of January, 1981, provided it has prev.iously been determined <br /> by the Actuary for the System that the additional obligations here- <br /> with undertaken can be funded within the period prescribed by the <br /> Act above cited, and w.ill not result in probable depletion of this <br /> City's account in the Prior Service Accumulation Fund of the <br /> System. <br /> <br /> Section 4. The provisions of this ordinance shall be included <br /> and incorporated in the Code of Ordinances of the City of Paris <br /> as an addition or amendment thereto and shall be appropriately re- <br /> numbered as a part of Chapter 2, Article II, Division 2, to con- <br /> form to the uniform numbering system of the Code. <br /> <br /> Passed and adopted this lOth day of November, 1980. <br /> <br /> <br /> <br /> <br /> Michael E. Malone, Mayor <br /> <br /> ATTEST: <br /> <br /> ~ <br /> H. C.-Grffe ne, City Clerk <br /> <br /> <br /> APP TO FORM: <br /> ~ <br /> <br /> T. K. Hayne , City ttorney <br />
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