HomeMy Public PortalAboutOrdinance No. 436-80 09-02-1980 i..
ORDINANCE 436
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 RETIREMENT SYSTEM; AND PROVIDING FOR
PAYMENT OF THE CITY'S CONTRIBUTIONS ON ACCOUNT
OF SUCH PARTICIPATION.
WHEREAS, the governing body of the City of Richland Hills,
Texas has heretofore elected to have the employees of all depart-
ments 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 Richland Hills, Texas
finds that it will be in the public interest to provide for partici-
pation of employees of such departments in said Supplemental Benefits
Fund; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF RICHLAND HILLS, TEXAS:
Section 1. The City of Richland Hills, Texas, by its City
Council hereby elects to have the employees of all participating
departments of said city (as above defined) 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 partici-
pation in said Fund are hereby accepted by the city as to such
employees..
Section 2. The Mayor is hereby directed to notify the Board of
Trustees of the Texas Municipal Retirement System that the City of
Richland Hills, 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 partici-
pating 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 Richland Hills, Texas, may in the future refuse to add new
departments or new employees to said Fund, but shall never discon-
tinue as to any members who are covered into the Fund.
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SUPPLEMENTAL BENEFITS ORDINANCE 436 (continued)
Section 4. The City Secretary 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
of said city as may be fixed by the Board of Trustees of the Texas
Municipal Retirement System, provided that the rate of contribution'
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 then
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 Ja uary 1, 1981.
Passed and approved this the Gn- day o ,
1980.
ATT ST: APPROVED:
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City Secretary Mayor