2261 ORD PROVIDING CODE OF ORDINANCES BE AMENDED BY ADDING SECTIONS 2-22 AND 2-23ORDINANCE NO. 2261
AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS,
PROVIDING THAT THE CODE OF ORDINANCES, CITY OF PARIS,
PARIS, TEXAS, BE AMENDED BY ADDING SECTIONS 2-22 AND
2-23, DETERMINING TO GRANT, PROVIDING FOR AND ALLOW -
ING, UNDER THE ACT GOVERNING THE TEXAS MUNICIPAL
RETIREMENT SYSTEM, "UPDATED SERVICE CREDIT" IN SAID
SYSTEM FOR SERVICE PERFORMED BY QUALIFYING MEMBERS
OF SUCH SYSTEM IN THE EMPLOYMENT OF THE CITY OF
PARIS; AUTHORIZING AND PROVIDING FOR ALLOWANCE OF
INCREASES, AS HEREIN PROVIDED, IN MONTHLY BENEFITS
PAYABLE BY TEXAS MUNICIPAL RETIREMENT SYSTEM, AFTER
THE EFFECTIVE DATE HEREIN SPECIFIED, TO RETIRED EM-
PLOYEES AND TO BENEFICIARIES OF DECEASED EMPLOYEES,
UNDER CURRENT SERVICE ANNUITIES ARISING FROM SERVICE
OF SUCH EMPLOYEES TO THIS CITY; REPEALING A LL ORDI-
NANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH;
AND PROVIDING FOR AN EFFECTIVE DATE OF JANUARY l,
1976.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PARIS:
Section 1. That the Code of Ordinances of the City of Paris,
Paris, Texas, be amended by adding a section to be numbered 2-22,
to read as follows:
"Sec. 2-22. Initial Allowance of Updated Service Credits.
(a) On the terms and conditions set out in Section XVII
of Article 6243h, Vernon's Texas Civil Statutes, as amended
1975, each member of Texas Municipal Retirement System
who has current service credit or prior service credit in
said System in force and effect on the lst day of January,
1976 by reason of service in the employment of the City of
Paris, shall be and is hereby allowed "updated service
credit" (as that term is defined in said act) in an amount
that is 10070 of the "Base Updated Service Credit"of the
member, calculated as provided in said act. 'Ihe updated
service credit hereby allowed shall be in lieu of and in
substitution for all Prior Service Credits, Special Prior
Service Credits, and Antecedent Service Credits, if any,
heretofore allowed such member by reason of service with
the City of Paris.
(b) In accordance with the provisions of said act, the
deposits required to be made to the Texas Municipal
Retirement System by employees of the several participat-
ing departments on account of current service shall be
calculated from and after the date aforesaid on the full
amount of such person's earnings as an employee of the
city. "
Section 2. That the Code of Ordinances of the City of Paris,
Paris, Texas, be amended by adding a section to be numbered 2-23,
to read as follows:
"Sec. 2-23. Initial Increases in Annuities in Effect.
(a) Pursuant to Section XVIII of Article 6243h,
Vernon's Texas Civil Statutes as amended and subject
to approval by the Board of Trustees of Texas
Municipal Retirement System as provided in said act,
the City of Paris hereby elects to allow and to provide
for payment of the increases below specified in all
monthly benefits payable by Texas Municipal Retirement
System after the lst day of January, 1976 to retired
employees and to beneficiaries of deceased employees
of this City under current service annuities and prior
service annuities arising from service of such em-
ployee to this City, and in effect prior to the date
last above mentioned.
(b) Each such monthly benefit for the month of
January, 1976, and each month thereafter shall be
increased by 5070 above the amount of the regular
benefit (as distinguished from any supplemental or
distributive benefit) in effect for the month of
December, 1975. "
Section 3. All ordinances or parts of ordinances in conflict
herewith are hereby expressly repealed.
Section 4. This ordinance shall become effective on
January l, 1976, subject to approval of the Board of Trustees of
Texas Municipal Retirement System.
Passed and adopted this lOth day of November, 1975.
mes M. Brunette, Mayor
A TTEST:
f,. ; ,
...t..,_+....+--~.--~ H. C. Gre ne, ity erk
APPROVEgv~ TO FORM:
. K. a nes, City ttorney