OR 208 Adopts plan provisions affecting participation of City employees in TMRS AN ORDINANCE OF THE CITY OF COPPELL, TEXAS
ORDINANCE NO. 208
AN ORDINANCE ADOPTING THE PLAN PROVISIONS AFFECTING PARTICIPATION OF
EMPLOYEES OF THIS CITY IN TEXAS MUNICIPAL RETIREMENT SYSTEM AS AUTHORIZED
BY SECTION XX OF ARTICLE 6243h, VERNON'S TEXAS CIVIL STATUTES, AND GRANT-
ING THE ADDITIONAL RIGHTS, CREDITS AND BENEFITS THERIN AUTHORIZED; PROVID-
ING THAT SUCH RIGHTS SHALL BE SUPPLEMENTARY TO THOSE HERETOFORE ALLOWED
AND THAT ARE IN FORCE AT THE EFFECTIVE DATE OF THIS ORDINANCE; AND PRESCRIB-
ING THE EFFECTIVE DATE OF THIS ORDINANCE.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of
Coppell, Texas:
Pursuant to Section XX of Article 6243h, Vernon's Texas Civil Statutes,
as amended, the City of Coppell, adopts the following plan provisions affect-
ing participation of its employees in the Texas Municipal Retirement System:
A. Each person who becomes an employee of any participating depart-
ment of this City and who is not already a member of the Texas Municipal
Retirement System shall become a member of the System as a condition of employ-
ment, provided such person is then under sixty (60) years of age;
B Any member, after one (1) year from the effective date of member-
ship, shall be eligible for service retirement who has attained the age of
fifty (50) years and has completed twenty-five (25) years of creditable service
with this City or who has attained the age of sixty (60) years and has completed
at least ten (10) years of creditable service with participating municipalities
which have adopted the plan provisions of this section, or who has become eligible
for service retirement under any other applicable provision of Article 6243h,
Vernon's Texas Civil Statutes;
C. The membership of any member who has completed at least ten (10)
years of creditable service with this City and other participating municipalities
which have adopted the plan provisions of Section XX of Article 6243h, Vernon's
Texas Civil Statutes shall not terminate because of absence from service; and
D. Any person who is an employee of a participating department
of this municipality at the effective date of this ordinance, but who at
the date of his employment was under sixty (60) years of age but did not
become a member of Texas Municipal Retirement System because he was then
above the maximum age then prescribed by law for initial membership in the
System, shall become a member of the System at the effective date of this
ordinance, unless he has already become a member under other provisions of
the governing act, and shall be allowed prior service credit for each month
of creditable service performed for this municipality subsequent to the date
such person was precluded from membership and prior to the effective date of
his membership. Such prior service credit shall be calculated using the
same percentage of the base prior service credit as was most recently used
in calculating Prior Service Credits or Updated Service Credits in said System
for current member employees of this City.
2.
The rights, credits and benefits hereinabove authorized shall be in
addition to the plan provisions heretofore adopted and in force at the effective
date of this ordinance pursuant to the Act governing said System.
3.
This ordinance shall become effective on the first day of the calendar
month following its enactment, provided it has previously been determined by
the Actuary for the System that the additional obligations herewith undertaken
can be funded within the period prescribed by the Act above cited, and will
not result in probable depletion of this City's account in the Prior Service
Accumulation Fund of the System.
DULY PASSED by the City Council of the City of Coppell, Texas, this
llth day of December , 1979
APPROVED:
MAYOR, CITY OF COPPELL, T( RS
ATTEST: C~"~,r2JZ-c~ Y