§ 2-102. Participation.  


Latest version.
  • (a)

    The city council, on behalf of the city, hereby exercises its option and elects to have the city and all of the employees of all departments now existing and those hereafter created participate in the Texas Municipal Retirement System as provided in the TMRS Act.

    (b)

    The city manager is hereby directed to notify the board of trustees of the Texas Municipal Retirement System that the city has elected to participate and have the employees of the city covered in said system.

    (c)

    Each person who becomes an employee of a participating city on or after the effective date of participation of such city whose position shall require more than 1,000 hours per year shall become a member of the Texas Municipal Retirement System as a condition of their employment.

    (d)

    In accordance with the provisions of the TMRS Act, the deposits to be made to the Texas Municipal Retirement System on account of current service of the employees of the several participating departments are hereby fixed at the rate of five percent of the full earnings of each employee of such departments.

    (e)

    Each employee who qualifies for such credit shall be allowed "prior service credit" (as defined in V.T.C.A., Government Code § 853.101) at the rate of 80 percent of the "base credit" of the member, calculated in the manner prescribed in V.T.C.A., Government Code § 853.105.

(Ord. No. 96-23, §§ 1—5, 12-17-96)