HomeMy WebLinkAbout248 04-13-1965ORDINANCE NO, 248
(PARTICIPATION ORDINANCE)
Retirement System
AN ORDINANCE PROVIDING FOR PARTICIPATION IN THE
TEXAS MUNICIPAL RETIREMENT SYSTEM BY THE CITY OF
EULESS, TEXAS, PROVIDING FOR AND ELECTING TO HAVE
ALL OF THE EMPLOYEES OF ALL DEPARTMENTS OF THE CITY
GOVERNMENT PARTICIPATE IN SUCH SYSTEM; AND ACCEPTING
ALL OF THE OBLIGATIONS AND BENEFITS OF SUCH SYSTEM.
WHEREAS, the Constitution of the State of Texas was amended on
November 7, 1944, by the addition of Section 51 -f, Article III, which
authorized the Legislature to establish a state -wide retirement and dis-
ability pension system for city employees;
WHEREAS, Chapter 75, Acts 50th Legislature (1947) as amended,
established the Texas Municipal Retirement System and authorizes the
governing body of each city or town to elect, at its option, to have
one or more of the city departments participate in such system; and
WHEREAS, the governing body of the City of Euless, Texas finds
that it will be in the public interest for the city to have its employees,
participate in the Texas Municipal Retirement System as hereinafter pro-
vided;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF EULESS,
TEXAS;
Section 1. That, on behalf of the City of Euless, Texas, the
City Council hereby exercises its option and elects to have the city
and all employees of all departments participate in the Texas Municipal
Retirement System as provided in Chapter 75, Acts of the 50th Legisla-
ture, as amended, (Article 6243h of Vernon's Civil Statutes of Texas);
and all of the benefits and obligations of such system are hereby accepted
as to such employees.
Section 2. The Mayor is hereby directed to notify the Board of
Trustees of the Texas Municipal Retirement System that the City of Euless,
Texas, has elected to participate and have the employees of all departments
participate in said System.
Section 3i Each person who becomes an employee of any partici-
pating department on or after the effective date of participation of such
department shall become a member of the Texas Municipal Retirement System
as a condition of his employment. The City of Euless, Texas, may in the
future refuse to add new departments or new employees to such system,
but shall never discontinue as to any participants.
Section 4. In accordance with the provisions of the statute, the
deposits to be made to the Texas Municipal Retirement System on account of
current service of the employees of all participating departments are here-
by fixed at the rate of Five per cent (5P) of the earnings of each employee
of said departments, and in determining the deposits to be made on account
of such service the full earnings of any employee of any such department,
with no salary limitation, shall be considered.
Section 5. The City Secretary is hereby directed to remit to
the Board of Trustees of the Texas Municipal Retirement System, at its
office in Austin, Texas, the city's contributions to the System and the
amounts which shall be deducted from the compensation or payroll of em-
ployees, all as required by said Board under the provisions of Chapter
75, Acts of the 50th Legislature of the State of Texas, as amended, and
the said City Secretary is hereby authorized and directed to ascertain
and certify officially on behalf of the City of Euless, Texas, the prior
service rendered to the said municipality by each of the employees of
the participating departments, and the average prior service compensation
received by each, and to make and execute all prior service certifications
and all other reports and certifications which may be required by the City
of Euless, Texas, under the provisions of Chapter 75, Acts Regular Session,
50th Legislature as amended, or in compliance with the rules and regula-
tions of the Board of Trustees of the Texas Municipal Retirement System.
PASSED AND APPROVED this the 13th day Of April , 1965.
APPROVED:
Ma
ATTEST:
City Secretary