95-043 ORD AUTHORIZING/ALLOWING UNDER ACT GOVERNING TEXAS MUNICIPAL RETIREMENT SYSTEM RESTRICTED PRIOR SERVICE CREDIT
ORDINANCE NO. 95-043
AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING
THE TEXAS MUNICIPAL RETIREMENT SYSTEM, RESTRICTED PRIOR SERVICE
CREDIT TO EMPLOYEES WHO ARE MEMBERS OF THE SYSTEM FOR SERVICE
PREVIOUSLY PERFORMED FOR VARIOUS OTHER PUBLIC ENTITIES FOR WHICH
THEY HAVE NOT RECEIVED CREDITED SERVICE; AND ESTABLISHING AN
EFFECTIVE DATE FOR THE ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS:
Section 1. Authorization of Restricted Prior Service Credit.
(a) On the terms and conditions set out in Sections 853.305 of Subtitle G of Title 8,
Texas Government Code, as amended (hereinafter referred to as the °TMRS Act"), each
member of the Texas Municipal Retirement System (hereinafter referred to as the "System") who
is now or who hereafter becomes an employee of this City shall receive restricted prior service
credit for service previously performed as an employee of any of the entities described in said
Section 853.305 provided that (1) the person does not otherwise have credited service in the
System for that service, and (2) the service meets the requirements of said Section 853.305.
(b) The service credit hereby granted may be used only to satisfy length-of-service
requirements for retirement eligibility, has no monetary value in computing the annuity payments
allowable to the member, and may not be used in other computations, including computation of
Updated Service Credits.
(c) A member seeking to establish restricted prior service credit under this ordinance
must take the action required under said Section 853.305 while still an employee of this City.
Section 2. All ordinances or parts of ordinances in conflict herewith aze hereby
expressly repealed.
Section 3. This ordinance shall become effective on the 1 st day of November, 1995.
Section 4. The City Clerk is hereby authorized and directed to immediately deliver,
upon passage, a certified copy of this Ordinance to the Texas Municipal Retirement System.
PASSED AND ADOPTED this 9th day of October 5.
Eric S. Cliffard, ayor
ATTEST:
N"n
1Viattie Cunningham, City Clerk
APPROVED FORM:
T. K. aynes, ity Attorney