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HomeMy WebLinkAboutORD 1094 - Providing Participation in Supplemental Death Benefits ,I" ,[ ,', ,III [ L:-1.1,,_ II LI UI 25'6 ORDINANCE NUMBER 1094 AN ORDINANCE PROVIDING FOR PARTICIPATION BY THE CITY OF WEST UNIVERSITY PLACE, TEXAS IN THE SUPPLEMENTAL DEi\TH BENEFITS FUND OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM; ,TO PROVIDE CERTAIN IN-SERVICE DEATH BENEFITS FOR EMPLOYEES; AND DEATH BENEFITS FOR ANNUITANTS CLASSIFIED AS REGULAR EMPLOYEES WHOSE LAST EMPLOYMENT BEFORE ,RETIR~NT WAS WITH THE CITY OF WEST UNIVERSITY PLACE, TEXAS; AND EXCLUDING TEMPORARY, PART-TIME AND VOLUNTEER PERSONS WHO MAY HAVE BEEN ASSOCIATED WITH THE CITY bF WEST UNIVERSITY PLACE, TEXAS. WHEREAS, the City of West University Place, Texas is a municipality participating on a full-salary basis in the several programs presently operated by the Texas Municipal Retirement System; and WHEREAS, the City Commission is of the opinion that it is to, the best interest of the City that employees and annuitants whose last covered employ- ment under the System was as an employee of the City shall participate in the Supplemental Death Benefits Fund operated by said System from the time such Fund becomes operational. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That the City of West University Place, Texas hereby elects to participate in the Supplemental Death Benefits Fund of the Texas Municipal Retirement System beginning with the date such Fund shall be made operational, on and after January 1:; 1978, for the purpose of providing in- service death benefits in the amounts and on the terms provided for in Section XIX of the TMRS Act (Article 6243h, Vernon's Texas Civil Statutes, as amended) for each of the City's employ~es who are members of said System. Section 2. That the City of West, University Place, Texas elects to provide post retirement death benefits for persons classified as regular em- ployees whose last covered employment under the System was as an employee of this City and elects to exclude temporary, part-time and volunteer persons who may have been associated with the City of West University Place, Texas, but were not contributing members to the fund of the Texas Municipal Retirement System. PASSED AND APPROVED this 22nd day of August, 1977. Commissioners Voting Aye: All Commissioners Voting No: None 4tf~ Mayor ATTEST: -K~t~ ,~ i ! U n U D