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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Section 4. The Director of Finance is hereby directed to <br /> remit monthly to the Board of Trustees of the Texas Municipal <br /> Retirement System at its office in Austin, Texas, as the City's <br /> contributions to the Supplemental Benefits Fund of the Texas <br /> Municipal Retirement System, such percentage of earnings of the <br /> above-mentioned employees of said city as may be fixed by the <br /> Board of Trustees of the Texas Municipal Ret.irement System, <br /> provided that the rate of contribution to said Fund shall not ex- <br /> ceed one-half of one percentum (1/270) of the earnings of the <br /> employees of said city who are covered under said Fund; and <br /> such official shall make for the City such reports as the Board <br /> of Trustees of the Texas Municipal Retirement System may <br /> prescribe. <br /> <br /> Section 5. Partic.ipation of the above mentioned employees <br /> in the Supplemental Benefits Fund shall be effective on January l, <br /> 1981. <br /> <br /> Sect.ion 6. The provisions of this ordinance shall be included <br /> and incorporated in the Code of Ordinances of the City of Paris as <br /> 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. G eene, City Clerk <br /> <br /> <br /> APPROVED TO FORM: <br /> <br /> <br /> . K, aynes, ity ttorney <br />