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Ord. 0580 09-25-89ORDINANCE NO. 580 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, 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 ITS SHARE OF THE COSTS OF ALLOWING SUCH CREDITS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND: SECTION 1. Pursuant to Section 63.502, Subchapter F of Chapter 63, the City employment System for Title 110B, Revised Civil Statutes of Texas, as amended, of Pearland hereby elects to allow eligible members in its to establish credit in the Texas Municipal Retirement 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. Eligible members as used herein shall be those employees meeting the criteria set forth in Sections 63.502(b) and 63.503 of said Subchapter F, and the amount and use of creditable military service shall be as further set forth in Section 63.505. SECTION 2. 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), an amount equal to the number of months for which credit is sought, multiplied by $15.00. The City of Pearland agrees that its account in the Municipality Accumulation Fund is to be charged at the time of the member's retirement with an amount equal to the accumulated amount paid by the member for military service credit, multiplied by the City's current service matching ratio in effect at the date the member applies for such military service credit. SECTION 3. This ordinance shall become effective on the 25th day of September, 1989. 1 PASSED and APPROVED on first reading this 011-ftvr.6--k) / , A. D., 1989. ATTEST: City Setr tary� day of ATTEST: day of Mayor PASSED and APPROVED on second and final reading this o46— kg,i( City Secretary APPROVED AS TO FORM: City Attorney , A. D., 1989. Mayor OFFICE OF THE CITY SECRETARY CITY OF PEARLAND, TEXAS TO: Janet Eastburn DATE: Mary Hickling October 4, 1989 At the September 25, 1989 meeting of the City Council of the City of Pearland, Texas, the following matter was referred to you for appropriate disposal or for specific action as indicated: Ordinances No. 580 and 581 were passed and approved by the City Council and became effective as of September 25, 1989. Documents attached: Ordinances: 580 and 581 Suspense date(s): C�� ity Secretary