Ordinance 1980-11
ORD INANCE # q f.) -- I J
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 Wylie, Texas has here-
tofore elected to have the employees of all departments
of the city government participate in the Texas Munici-
pal Retirement System (such departments being herein-
before called "participating departments") , and
WHEREAS, Chapter 312, Acts Regular Session, 56th Legislature
provides for establishment in said System of a Supple-
mental Benefits Fund to provide for additional disabil-
ity benefits for service connected disabilities, and
WHEREAS, the governing body of the City of Wylie, Texas finds
that it will be in the public interest to provide for
participation of employees in said Supplemental Benefits
Fund;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF WYLIE, TEXAS:
SECTION 1. The City of Wylie, Texas, by its City Council hereby
elects to have the employees of all departments of said city
'-,
participate iri 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 Wylie, Texas, has elected to participate and have
the employees participate in the Supplemental Benefits Fund of
said System.
SECTION 3. Each person who becomes an employee on or after the
effective date of participation in said Fund shall as a condition
of his employment be covered into the Supplemental Benefits Fund
of said System. The City of Wylie, Texas, may in the future re-
fuse 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 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 (~%) 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 October 1, 1980.
PASSED AND APPROVED THIS THE 9th DAY OF SEPTEMBER, 1980.
ATTEST:
tJ~~ )J;; ,
City Secretary
~j?i ~)
. yor
,/