Ord. 0706 1995-11-13ORDINANCE NO. 706
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS, AFFECTING PARTICIPATION OF CITY EMPLOYEES IN THE
TEXAS MUNICIPAL RETIREMENT SYSTEM GRANTING THE ADDITIONAL
RIGHTS AUTHORIZED BY SECTION 854.202(G) OF TITLE 8, TEXAS
GOVERNMENT CODE, AS AMENDED, AND PRESCRIBING THE
EFFECTIVE DATE FOR THIS ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. Pursuant to the provisions of Section 854.202(g)
of Subtitle G of Title 8, Texas Government Code, as amended, which
Subtitle shall herein be referred to as the "TMRS Act", the City of
Pearland, Texas, adopts the following provisions affecting
participation of its employees in the Texas Municipal Retirement
System (herein referred to as the "System"):
(a) Any employee of the City who is a member of the System is
eligible to retire and receive a service retirement
annuity if the member has at least 20 years of credited
service in the System performed for one or more
municipalities that have adopted a like provision under
Section 854.202(g) of the TMRS Act.
(b) Prior to adopting this ordinance, the governing body of
the City has: (1) prepared an actuarial analysis of
member retirement annuities at 20 years of service; and
(2) held a public hearing pursuant to the notice provi-
sions of the Texas Open Meetings Act, Chapter 551, Texas
Government Code.
(c) The rights 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 TMRS
Act.
Section 2. This ordinance shall become effective on the
/14 day of 1Xx , 19 q ST
PASSED and APPROVED ON FIRST READING this the o day of
A. D., 1995.
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TOM REID
MAYOR
ORDINANCE NO. 706
ATTEST:
�A C. BE TEZ
CITSECRETARY
PASSED and APPROVED ON SECOND AND FINAL READING this the
day of
ATTEST:
YiL �A C. BE TEZ
CIT SECRETAR
APPROVED AS TO FORM:
AM MOTES MCCULL! GH
CI Y ATTORNEY
A. D., 1995.
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TOM REID
MAYOR