88-030 ORD ALLOWING CERTAIN EMPLOYEES OF COP WHO PERFORMED ACTIVE SERVICE IN ARMED FORCES OF USA UNDER HONORABLY CONDITIONS TO APPLY AND MAKE DEPOSITS FOR AND TO RECEIVE SPECIAL CREDIT WITH TX MUNICIPAL RETIREMENT SYSTEM
ORDINANCE N0. 88-n3p
AN ORDINANCE ALLOWING CERTAIN EMPLOYEES OF THE CITY OF PARIS,
WHO PERFORMED OR HEREAFTER PERFORM ACTIVE SERVICE IN THE ARMED
FORCES (OR THEIR RESERVES OR AUXILIARIES) OF THE UNITED STATES
UNDER HONORABLE CONDITIONS DURING PERIODS OF CONFLICT WITH FOREIGN
FORCES, TO APPLY AND MAKE DEPOSITS FOR, AND TO RECEIVE SPECIAL
CREDIT WITH THE TEXAS MUNICIPAL RETIREMEIVT SYSTEM FOR LIMITED
PORTIONS OF SUCH MILITARY SERVICE, AND PROVIDING FOR PAYMENT BY THE
CITY OF PARIS OF ADDITIONAL DEPOSITS TO THE SYSTEM ON ACCOUNT OF
SUCH SERVICE CREDIT.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS,
PARIS, TEXAS:
Section 1. Pursuant to Subchapter F of Chapter 63, Title
110B, revised Civil 5tatues of Texas, as amended, the City of Paris
hereby elects to allow eligible members in its employment to
establish credit in the Texas Municipal Retirement System for
active military service performed as a member of the armed forces
or armed forces reserves of the United States or an auxiliary of
the armed forces or armed forces reserves, during a period in which
the United States is or was involved in a state of conflict with
foreign forces. Eligible members as used herein shall be those
employees meeting the criteria set forth in subsection (b) of
Section 63.501 of said Subchapter F, and the amount and use of
creditable military service shall be as further set forth in that
Subchapter.
Section 2. In order to establish credit for military
service hereunder, a member must deposit with the Texas Municipal
Retirement System (in that member's individual account in the
Employees Saving Fund), before the first anniversary of the effec-
tive date of this ordinance or before the first anniversary of the
date the member becomes eligible to establish the credit (whichever
is later) an amount equal to the number of months for which credit
is sought, multiplied by $15.00, and the City must contribute an
amount equal to the amount required of the member, multiplied by
the City's current service matching percentage in effect on the
date the member applies for credit hereunder. The City of Paris
agrees to pay into its account in the Municipality accumulation
Fund all sums which become due hereunder as a result of the grant-
ing of such credit.
Section 3. This ordinance shall become effective on the
lst day o eptember, 1988, which is a date on or after the first
day of January, 1982.
Passed and adopted this 8th day of August, 1 88.
Eric S. C i ord, Mayor
ATTEST:
Mattie Cunningham, City er
APPROVED AS TO FORM:
~
T. K. H ynes, City Attorney