HomeMy WebLinkAbout710 08-10-1982ORDINANCE NO. 710
MILITARY SERVICE CREDIT ORDINANCE
AN ORDINANCE ALLOWING CERTAIN EMPLOYEES OF THE CITY,
WHO PERFORMED OR HEREAFTER PERFORM ACTIVE SERVICE IN
THE ARMED FORCES (OR THEIR RESERVES OR AUXILIARIES) OF
THE UNITED STATES UNDER HONORABLE CONDITIONS DURING
PERIODS OF CONFLICT WITH FOREIGN FORCES, TO APPLY AND
MAKE DEPOSITS FOR, AND TO RECEIVE SPECIAL CREDIT WITH
THE TEXAS MUNICIPAL RETIREMENT SYSTEM FOR LIMITED POR-
TIONS OF SUCH MILITARY SERVICE, AND PROVIDING FOR PAY-
MENT BY THE CITY OF ADDITIONAL DEPOSITS TO THE SYSTEM ON
ACCOUNT OF SUCH SERVICE CREDIT.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS TEXAS:
Section 1. Pursuant to Subchapter F of Chapter 63, Title 110B, Revised Civil
Statues of Texas, as amended, the City of EULESS hereby elects to allow
eligible members in its employment to establish credit in the Texas Municipal Retirement
System for active military service performed as a member of the armed forces or armed
forces reserves of the United States or an auxiliary of the armed forces or armed forces
reserves, during a period in which the United States is or was involved in a state of
conflict with foreign forces. Eligible members as used herein shall be those employees
meeting the criteria set forth in subsection (b) of Section 63.501 of said Subchapter F, and
the amount and use of creditable military service shall be as further set forth in that
Subchapter.
Section 2. In order to establish credit f or military service hereunder, a member
must deposit with the Texas Municipal Retirement System (in that member's individual
account in the Employees Saving Fund), before the first anniversary of the effective date
of this ordinance or before the first anniversary of the date the member becomes eligible
to establish the credit (whichever is later) an amount equal to the number of months for
which credit is sought, multiplied by $15.00, and the City must contribute an amount
equal to the amount required of the member, multiplied by the City's current service
matching percentage in effect on the date the member applies for credit hereunder. The
City of EULESS agrees to pay into its account in the Municipality Accumulation
Fund all sums which become due hereunder as a result of the granting of such credit.
MILITARY SERVICE CREDIT ORDINANCE ... (Continued)
Section 3. This ordinance shall become effective on the 1st day of September ,
19 82 , which is a date on or after the first day of January, 1982.
Passed and approved this the 10th day of August , 1982
APPROVED:
ATTEST:
Mayor