2542 ORD PROVIDING FOR PARTICIPATION OF COP IN SUPPLEMENTAL DEATH BENEFITS FUND OF TX MUNICIPAL RETIREMENT SYSTEM
ORDINA NCE NO. 2542
AN ORDINANCE PROVIDING FOR PARTICIPATION OF THE
CITY IN THE SUPPLEMENTAL DEATH BENEFITS FUND OF THE
TEXAS MUNICIPAL RETIREMENT SYSTEM, ?O PROVIDE CER-
TAIN IN-SERVICE DEATH BENEFITS FOR EMPLOYEES, AND
DEATH BENEFITS FOR ANNUITANTS WHOSE LAST EMPLOYMENT
BEFORE RETIREMENT WAS WITH THE CITY OF PARIS, PARIS,
TEXA S.
WHEREAS, the City of Paris, Paris, Texas, is a municipality
participating on a full-salary basis in the several programs pre-
sently operated by the Texas Municipal Retirement System; and,
WHEREAS, the Cfty Council is of the opinion that it is to the
best interests of the City that employees and annuitants whose last
covered employment under the System was as an employee of the
City shall participate in the Supplemental Death Benefits Fund
operated by said System; NOW, THEREFORE,
BE IT ORDA INED BY THE CITY COUNCIL OF THE CITY OF
PARIS:
Section 1. That the City of Paris, Paris, Texas, hereby elects
to participate in the Supplemental Death Benefits Fund of the Texas
Municipal Retirement System beginning on the lst day of January,
1981, for the purpose of providing in-service death benefits in the
amounts and on the terms provided for in Section XIX of the TMRS
Act (Article 6243h, Vernon's Texas Civil Statutes, as amended)
for each of the City's employees who are members of said System,
and for the purpose of providing post-retirement death benefits as
provided in said Section XIX for annuitants whose last covered
employment was as an employee of this City.
Section 2. The City Manager is hereby authorized and directed
to notify the Board of Trustees of the Texas Municipal Retirement
System that the City of Paris, Paris, Texas, has elected to partici-
pate and have the employees oE the participating departments, that
is, all departments except the City of Paris Fire Department, par-
ticipate in the Supplemental Death Benefits Fund.
Section 3. The Director of Finance is hereby directed to
remit funds to the Board of Trustees of the Texas Municipal
Retirement System as the C.ity's contribution to the Supplemental
Death Benefits Fund as necessary to fund the participation herein
authorized.
Section 4. Participation of the above mentioned employees
and annuitants in the Supplemental Death Benefits Fund shall be
efEective on January l, 1981.
Section 5. The provisions of this ordinance shall be included
and incorporated in the Code of Ordinances of the City of Paris as
an add.ition 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.
.
,
Michae E. Ma one, ayor
A TTEST:
H. C. Gre e, City C erk
APP OVED TO FORM:
T. . Hayne , City ttorney