HomeMy WebLinkAboutOrdinance - 6510-1972 - Participation In The Supplemental Benefits Fund/TX Municipal Retirement System - 11/09/1972~\~
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KJ:pr ORDINANCE NO. 6510
AN ORDINANCE PROVIDING FOR PARTICIPATION IN THE SUPPLEMENTA
BENEFITS FUND OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL
DEPARTMENTS OF THE CITY GOVERNMENT WHICH NOW PARTICIPATE IN TH
TEXAS MUNICIPAL RETIBEMENT SYSTEM; AND PROVIDING FOR PAYMENT
OF THE CITY1S CONTRIBUTIONS ON ACCOUNT OF SUCH PARTICIPATION.
WHEREAS, the governing body of the City of Lubbock, Texas has heretofore
elected to have the employees of designated· departments of the city government
participate in the Texas Municipal Retirement System (such departments being her"'•
inbefor:e called nparticipating departments")., and
WHEREAS, Chapter 312, Acts Regular Session, 56th Legislature provides fc
establishment in said System of a Supplemental Benefits Fund to provide for addi-
tional disability benefits for service connected disabilities, and
WHEREAS, the governing body of the City of Lubbock, Texas finds that it
will be in the public interest to provide for participation of employees of such de-
partments in said Supplemental Benefits Fund; Now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION 1. The City of Lubbock, Texas, by its City Council hereby elects
to have the employees of all participating departments of said city (as above define
participate in and be covered by the Supplemental Benefits Fund of the Texas Muni
cipal 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 Mayor is hereby directed to notify the Board of Trustees
f the Texas Municipal Retirement System that the City of Lubbock, Texas,has
, elected to participate and have the employees of the above mentioned departments
participate in the Supplemental Benefits Fund of said System.
SECTION 3. Each person who becomes an employee of any participating de ...
ipartment on or after the effective date of participation of such department in said
Fund shall as a condition of his employment be covered into the Supplemental Bene
fits Fund of said System. The City of Lubbock, Texas, may in the future refuse to
.add new departments or new employees to said Fund, but shall never discontinue a
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SECTION 5. Participation of the above-mentioned employees in the Supple-
mental Benefits Fund shall be effective January 1. 1973 •
AND IT IS SO ORDERED.
Passed by the Council on first reading this 9th day of November
Passed by the Council on second reading this 22nd day of November
ATTEST:
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APPROVED AS TO FORM:
.1 1972
_, 1972