§ 2-103. Authorization of restricted prior service credit.  


Latest version.
  • (a)

    On the terms and conditions set out in V.T.C.A., Government Code § 853.305, as amended, each member of the Texas Municipal Retirement 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 of the entities described in V.T.C.A., Government Code § 853.305, provided that (i) the person does not otherwise have credited service in the system for that service, and (ii) the service meets the requirements of V.T.C.A., Government Code § 853.305.

    (b)

    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.

    (c)

    A member seeking to establish restricted prior service credit under this division must take the action required under V.T.C.A., Government Code § 853.305, while still an employee of this city.

(Ord. No. 96-22, § 1, 11-5-96)