HomeMy WebLinkAboutORD 1986-063 CITY OF GRAPEVINE, TEXAS
ORDINANCE 1�T0. 86-63
AN OR,DINANCE OF THE CITY OF GRAPEVINE, TEXAS AUTHO-
RIZING AND ALLOWING, UNDER 'd'HE ACT GOVERNING THE
TEXAS �1UNICIPAL l�.ETIREMENT SYSTEM, "UPDATED SERVICE
CREDITS" IN SAID SYSTEM FOR SERVICE PERFORMED BY
QUALIFYING MEMBERS OF SUCH SYSTEM WHO PRESENTLY
�: ARE IN THE EMPLOYMENT OF THE CITY OF GRAPEVINE;
GRA.NTING THE ADDITIONAL RIGHTS, CREDITS AND BENEFITS
AUTHORIZED BY SECTIONS 62.105 AND 64.202 OF TITLE 110B,
REVI�ED CIVIL STATUTE� OF TEXAS, 1925, AS ANiENDED;
�" ' PROVIDIl�TG THAT SUCH RIGI�TS SHALL BE SUPPLEMENTA�3.Y
TO THOSE HERETOFORE ALLOWED AND THAT ARE IN FORCE
ON T��E EFFECTIVE DATE OF THIS ORDINANCE; PROVIBING A
SEVERABILITY CLAUSE AND ESTABLISHING AN EFFECTIVE
DA'�E FOR SUCH ACTIONS.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPE-
VINE, TEXAS:
Section 1. Authorization of Updated Service Credits.
(a) On the terms and conditions set out in Sections63.401 through
63.403 of Title 110B, R.evised Civil Statutes of Texas, 1925, as amended, each
member of the Texas Municipal Retirement System who has current service
credit or prior service credit in said System in force and effect on the lst day
of Jarniary, 1987 by reason of service in the employment of the City of
Grapevine, and on such date has at least 36 months of credited service with said
system, shall be and is hereby allowed "Updated �ervice Credit" (as that term
is defined in subsection (d) of Section 63.402 of said title) in an amount that is
100% of the "base Updated Service Credit" of the member (calculated as
provided in subsection (c) of Section 63.402 of said title). The Updated Service
* Credit hereby allowed shall replace any Updated Service Credit, prior service
credit, special prior service credit, or antecedent service credit previously
�� :.,
authorized for part of the same service.
(b) On the terms and conditions set out in Section 63.601 of said title,
any member of the Texas Municipal Retirement System who is eligible for
Updated Service Credits on the basis of servi�e with this City, and who has
unforfeited credit for prior service and/or current service with another
parti�i�ating municipality or municialities by reason of prPvious service, and was
a contributing member on January 1, 1986, shall be eredited with Updated
Servi�e Credits pursuant to, �alculated in accordance with, and �ubject to
adjustment as set forth in said 63.601.
(c) In accordance with the provisions of subsection (d) of Section
63.401 of said title, the deposits required to be made to the Texas Municipal
gi,etirement �ystem by employees of the several participating departments on
account of current service shall be calculated from and after the date aforesaid
on the full amount of such person's earnings as an employee of the City.
Section 2. Optional Benefits Package (10-Year Vesting). Pursuant to
the prouisions of Sections 62.105 and 64.202 of Subtitle G of Title 110B, Revised
Civil Statutes of Texas, 1925, as amended, which Subtitle shall herein be
referred to as the "TMRS ACT," the City adopts the following provisions
�ffecting participation of its employees in the Texas Muncipal Retirement
� System:
(a) Each person who becomes an employee of any participating
� department of this City and who is nat already a member of the Texas 11�unicipal
Ftetirement System shall become a member of the System as a condition of
employment, provided such person is then under sixty (60) years of age;
(b) Any member, after one (1) year from the effective date of his or
her membership in the System, shall be eligible for service retirement if he or
she has attained the age of fifty (50) years and has completed twenty-five (25)
years of creditable service with one or more municipalities that have authorized
eligibility under Section 64.202 of the TMRS Act or under Section XX of former
Article 6243h, Vernon's Texas Civil Statutes, or if he or she has attained the age
„�.;,..& of sixty (60) years and has completed at least ten (10) years of creditable service
with one or more municipalities that have authorized eligibility under Section
64.202 of the TMRS Act of under Section XX of said former Article 6243h;
"�°"'� (c) The membership of any person who has completed at least ten (10)
years of creditable service with participating municipalities that have authorized
eligibility under Section 64.202 of the TMRS Act (or under Section XX of said
former Article 6243h) 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 or her employment was under sixty (60) years of age but did not become a
member of Texas Municipal Retirement System because he or she 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 or she has already become a member under other provisions
of the governing Act, and shall be allawed 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 or
her membership. Such prior service credit shall be calculated using the same
percentage of 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.
Section 3. Severability. Provisions of this ordinance shall be, and they
� are hereby, declared to bs severable, and should any portion of it be declared
to be invalid for any reason by a court of competent jurisdiction, such holding
�_ :,
shall not affect the remaining portions thereof.
Sectian 4. Effective Date. Subject to approval by the Board of
Trustees of Texas Municipal Retirement System, the adoption of the Optional
Benefit Package (Section 3) granted hereby shall be and become effective the
lst day of October, 1986, and the updated service credits and increases in
retirement annuities granted hereby shall be and become effective on the lst
day of January, 1987.
PASSED AND APPROVED this the 7 day of October , 1986.
Mayor, City o Grapevine, Ty�xas
ATTEST:
,�,. , •
City Secretary, City of Grapev e, Texas
��:�
APPROVED AS TO FORM:
�����
City Attorney, City of Gra ine, Texas
- 2 -