Ord. 0231 03-13-72ORDINANCE NO. a 3/
AN ORDINANCE PROVIDING FOR PARTICIPATION IN
THE SUPPLEMENTAL BENEFITS FUND OF THE
TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL
DEPARTMENTS OF THE CITY GOVERNMENT WHICH
NOW PARTICIPATE IN THE TEXAS MUNICIPAL RE-
TIREMENT SYSTEM; AND PROVIDING FOR PAYMENT
OF THE CITY'S CONTRIBUTIONS ON ACCOUNT OF
SUCH PARTICIPATION.
WHEREAS, the governing body of the City of Pearland, Texas has heretofore
elected to have the employees of all departments of the city government
participate in the Texas Municipal Retirement System, such departments being
hereinbefore called "participating departments", and
WHEREAS, Chapter 312, Acts Regular Session, 56th Legislature provides
for establishment in said System of a Supplemental Benefits Fund to provide
for additional disability benefits for service connected disabilities, and
WHEREAS, the governing body of the City of Pearland, Texas finds that
it will be in the public interest to provide for participation of employees•
of such departments in said Supplemental Benefits Fund; Now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. The City of Pearland, Texas, by its City Council hereby
elects to have the employees of all participating departments of said City of
Pearland participate in and be covered by the Supplemental Benefits Fund of
the Texas Municipal Retirement System, as provided by Chapter 312, Acts
Regular Session, 56th Legislature; and all the benefits and obligations of
participation in said Fund are hereby accepted by the city as to such employees.
Section 2. The City Manager is hereby directed to notify the Board
of Trustees of the Texas Municipal Retirement System that the City of Pearland,
Texas, has elected to participate and have the employees of the above mentioned
departments participate in the Supplemental Benefits Fund of said System.
Section 3. Each person who becomes an employee of
any participating
department on or after the effective date of participation of such department
in said Fund shall as a condition of his employment be covered into the
Supplemental Benefits Fund of said System. The City of Pearland, Texas, may
in the future refuse to add new departments or new employees to said Fund,
but shall never discontinue as to any members who are covered into the Fund.
Section q_ The City Manager is hereby directed to remit monthly to the
Board of Trustees of the Texas Municipal Retirement System at its office in
Austin, Texas, as the City's contributions to the Supplemental Benefits Fund
of the Texas Municipal Retirement System, such percentage of earnings of the
above mentioned employees said city as may be fixed by the Board of Trustees
of the Texas Municipal Retirement System, provided that the rate of con-
tribution to said Fund shall not exceed one-half of one percentum (1/2%)
of the earnings of the employees of said city who are covered under said Fund;
and such official shall make for the City such reports as the Board of
Trustees of the Texas Municipal Retirement System may prescribe.
Section 5. Participation of the above mentioned employees in the
Supplemental Benefits Fund shall be effective April 1, 1972.
PASSED AND APPROVED on FIRST reading this day of c.
A. D. 1972.
ATTEST:
City Secretary
APPROVED:
D. R. Keller, Mayor
PASSED AND APPROVED on SECOND and FINAL reading this /3 day of
, A. D. 1972.
ATTEST:
City Secretary
APPROVED AS TO FORM:
City Attorney
Effective Date:
APPROVED:
D. R. Keller, Mayor