HomeMy WebLinkAboutResolution - 112266A - Amendment To Policy For Assisting COL Employees In Retirement Planning - 11_22_1966 SCR/cic 1946
4 RESOLUTION
A RESOLUTION REVISING AND AMENDING A RESOLUTION ESTABLISH-
ING AN EQUITABLE POLICY TO'ASSIST EMPLOYEES OF THE CITY OF
LUBBOCK IN PLANNING FOR THEIR RETIREMENT.
WHEREAS, the City Council of the City of Lubbock feels that in order to
establish a more equitable retirement policy for-employees and to help the
administration of the City of Lubbock make an orderly transition plan for
replacements of persons who-retire, it is necessary that an existing resolution
passed on the 22nd day of April, 1965, be revised and amended, NOW THEREFOR :
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby establishes a new
policy for all employees of the City of Lubbock.
SECTION 1. The retirement date for all employees presently employed
will be December 31st of the calendar year in which the employee reaches
age 65 except those employees..,,preseiitly.ei#pjoy.ed who lack a total of fifteen
quarters of social security credit but in no event shall an employee whose
age is sixty-five years or over remain in the employment of the City of Lubbock
after December 31, 1969.
Passed by the City Council this ZZnd day of I�nyc?mhwr , 1966.
D. ROGER S, Mamor
ATTES :
Lave is Lowe, City etary-Treasurer
APPROVED:
-01-ce-
red O. Senter, Jr. , City 6worney