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Ordinance 1991-13 c;tIJJ/J,I+I1C r 116 9/-1-3 TEXAS MUNICIPAL RETIREMENT SYSTEM TMRS-PSC/Restricted (6-1991) AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING THE TEXAS MUNICIPAL RETIREMENT SYSTEM, RESTRICTED PRIOR SERVICE CREDIT TO EMPLOYEES WHO ARE MEMBERS OF THE SYSTEM FOR SER VICE PREVIOUSLY PERFORMED FOR TEXAS CITIES FOR WHICH SUCH EMPLOYEES HAVE NOT RECEIVED CREDITED SER VICE; AND ESTABLISHING AN EFFECTIVE DA TE FOR THE ORDINANCE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: Section 1. Authorization of Restricted Prior Service Credit. (a) On the terms and conditions set out in Section 853.305 of Subtitle G of Title 8, V. T .C.A., Government Code, as amended (hereinafter referred to as the "TMRS Act"), each member of the Texas Municipal Retirement System (hereinafter referred to as the "System") who is now or who hereafter becomes an employee of this City shall receive restricted prior service credit for service previously performed as an employee of any incorporated city or town in this state and for which the person has not otherwise received credited service in the System. The service credit hereby granted may be used only to satisfy length-of-service requirements for retirement eligibility, has no monetary value in computing the annuity payments allowable to the member, and may not be used in other computations, including computation of Updated Service Credits. (b) A member seeking to establish restricted prior service credit under this ordinance must take the action required under said Section 853.305 while still an employee of this City. Section 2, Effective Date. This ordinance shall be and become effective on the 1st day of ,c;l{Jf<.eJt1 /K6 , 19.i-. Passed and approved this the /.-q , day of Wfj //A:( , 19 91 ATTEST: APPROVED: \" '----.. /~~q..._.,\: ,) -, ",~,--"" . _ ,'- \ .~ -b '"1- \Mayor fIt) rpm /-f"'"'n... ~ \ {) 1 ~ (, / oJf-r -{ ,/Itv /../