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HomeMy WebLinkAbout592 09-25-1979ORDINANCE NO. 592 AN ORDINANCE ADOPTING CERTAIN PLAN REVISIONS AFFECTING PARTICIPATION OF EMPLOYEES OF THE CITY OF EULESS, TEXAS, IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM AS AUTHORIZED BY SECTION XX OF ARTICLE 6243h, REVISED CIVIL STATUTES OF THE STATE OF TEXAS, AS AMENDED, AND GRANTING CER- TAIN ADDITIONAL RIGHTS, CREDITS AND BENEFITS THEREIN AUTHORIZED; PROVIDING THAT SUCH RIGHTS SHALL BE SUPPLEMENTAL TO THOSE ADDITIONALLY AND HERETOFORE PROVIDED UNDER SUCH RETIREMENT SYS- TEM; PROVIDING A SEVERABILITY CLAUSE AND PRE- SCRIBING AN EFFECTIVE DATE. WHEREAS, eligible employees of the City of Euless, Texas, are provided a system of retirement benefits under the Texas Municipal Retirement System; and WHEREAS, recent amendment to the enabling legislation for such Retirement System, to -wit: the Texas Municipal Retirement Act autho- rized the granting of additional rights for certain employees; and WHEREAS, it is the desire of the Euless City Council to adopt such additional rights, credits and benefits for eligible parti- cipating employees. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS: I. Pursuant to Section XX of Article 6243h, Vernon's Texas Civil Statutes, as amended, the City of Euless, 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 cred- itable 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 ten (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 performed for this municipality subsequent to the date such person was precluded from membership and prior to the effective date of his membership. Such prior service credit shall be cal- culated using the same percentages of the base prior service credit as was most recently used in calculating Prior Service Credits or Updated Service Credits in said System for current member employees of this City. II. 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 pursuant to the Act governing said System. III. This ordinance shall become effective on the first day of the calendar month following its enactment, provided it has previously been determined by the Actuary for the System that the additional obligations herewith undertaken can be funded within the period prescribed by the Act above cited, and will not result in probable depletion of this City's account in the Prior Service Accumulation Fund of the System. IV. Severability Clause. That it is hereby declared to be the intention of the City Council that the sections, paragraphs, sen- tences, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance SM shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. V. Effective Date. This ordinance shall be in full force and effect from and after its passage and publication as provided by the Euless City Charter and the laws of the State of Texas. P Euless a vote SECOND Euless a vote RESENTED AND GIV City Council on of 5 ayes, READING, PASSED City Council on of 3 ayes, ATTEST: EN F the 0 AND the 0 (' Dl- Ddl1a Houy, City Secret y IRST READING at a regular meeting of the 11th day of September , 1979; by nays and U abstentions; GIVEN APPROVED at a regular meeting of the 25th day of September , 1979; by nays and 0 abstentions. U•aJ, V Uelf, 9 xis va'1-4az v6' Harold Samuels, Mayor -3-