HomeMy WebLinkAbout1988-1788 - Ordinance - 11/10/1988ORDINANCE NO. 1788
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 PORTIONS OF SUCH MILITARY SERVICE, AND
PROVIDING FOR PAYMENT 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 COLLEGE
STATION, TEXAS:
WHEREAS, pursuant to Subchapter F of Chapter 63, Title 110B,
Revised Civil Statues of Texas as amended, the City of
College Station 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
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.
WHEREAS, in order to establish credit for 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 college Station 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.
WHEREAS, this ordinance shall become effective on the 1st
day of January, 1989 which is a date on or after the first
day of January, 1982.
Passed and approved this the loth day of November, 1988.
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ATTEST:
Dian Jon9s, City Secretary
APPROVED:
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