2541 ORD PLAN PROVISIONS RE: TEXAS MUNICIPAL RETIREMENT SYSTEM
ORDINA NCE NO. 2541 ,
AN OIZDINANCE ADOPTING THE PLAN PROVISIONS
AFFECTING PARTICIPATION OF EMPLOYEES OF THIS CITY IN
TEXAS MUNICIPAL RETIREMENT SYSTEM AS AU?HORIZED BY
SECTION XX OF ARTICLE 6243h, VERNON`S TEXAS CIVIL
STATUTES, AND GRANTING THE ADDITIUNAL RIGHTS, CREDITS
AND BENEFITS THEREIN AUTHORIZED; PROVIDING THAT SUCH
RIGHTS SHALL BE SUPPLEMENTARY TO THOSE HERETOFORE
ALLOWED AND THAT ARE IN FORCE AT THE EFFECTIVE
DATE OF THIS ORDINANCE; AND PRESCRIBING THE EFFEC-
TIVE DATE OF THIS ORDINANCE.
BE IT ORDA INED BY THE CITY COUNCIL OF THE CITY OF
PARIS:
Section l. Pursuant to Section XX of Article 6243h, Vernon's
Texas Civil Statutes, as amended, the City of Paris, Paris, Texas,
adopts the following plan provisions affecting participation of its
employees in the Texas Municipal Retirement System:
(a) Each person who becomes an employee of any participating
department of this City and who is not already a member of the
Texas Municipal Retirement System shall become a member of the
System as a condition of employment, provided such person is then
under sixty (60) years of age;
(b) Any member, after one (1) year from the effective date of
membership, shall be eligible for service retirement who has
attained the age oF fifty (50) years and has completed twenty-five
(25) years of creditable service with this City or who has attained
the age oF sixty (60) years and has completed at least ten (10)
years of creditable service with participating municipalities which
have adopted the plan provisions of this section, or who has become
eligible for service retirement under any other applicable provision
of Article 6243h, Vernon's Texas Civil Statutes;
(c) The membership of any member who has completed at
least (10) years of creditable service with this City and other parti -
cipating municipalities which have adopted the plan provisions of
Section XX of Article 6243h, Vernon's Texas Civil Statutes shall not
terminate because of absence from service; and
(d) Any person who is an employee of a participating depart-
ment of this municipality at the effective date of this ordinance, but
who at the date of his employment was under sixty (60) years of
age but did not become a member of Texas Municipal Retirement
System because he was then above the maximum age then prescribed
by law for initial membership in the System, shall become a member
of the System at the effective date of this ordinance, unless he has
already become a member under other provisions of the governing
act, and shall be allowed prior service credit for each month of
creditable service perf ormed for this municipality subsequent to
the date such person was precluded Erom membership and prior to
the effective date of his membership. Such prior service credit
shall be calculated using the same percentage of the base prior
credit as was most recently used in calculating Prior Service Credits
or Updated Service Credits in said System for current member em -
ployees of this City.
Section 2. The rights, credits and benefits hereinabove
authorized shall be in addition to the plan provisions heretofore
adopted and in force at the effective date of this ordinance pur-
suant to the Act governing said System.
Section 3. This ordinance shall become effective on the lst
day of January, 1981, provided it has prev.iously been determined
by the Actuary for the System that the additional obligations here-
with undertaken can be funded within the period prescribed by the
Act above cited, and w.ill not result in probable depletion of this
City's account in the Prior Service Accumulation Fund of the
System.
Section 4. The provisions of this ordinance shall be included
and incorporated in the Code of Ordinances of the City of Paris
as an addition or amendment thereto and shall be appropriately re-
numbered as a part of Chapter 2, Article II, Division 2, to con-
form to the uniform numbering system of the Code.
Passed and adopted this lOth day of November, 1980.
Michael E. Malone, Mayor
ATTEST:
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H. C.-Grffe ne, City Clerk
APP TO FORM:
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T. K. Hayne , City ttorney