O-814-9-87ORDINANCE NO. 814-9-87
AN ORDINANCE OF THE CITY OF ALLEN, TEXAS, AMENDING
CITY OF ALLEN ORDINANCE NO. 310 AND CHAPTER 2,
"ADMINISTRATION", ARTICLE III, "TEXAS MUNICIPAL RETIREMENT
SYSTEM", OF THE ALLEN CODE OF ORDINANCES TO INCLUDE
UPDATED SERVICE CREDITS, PURSUANT TO V.A.C.S. TITLE 110B,
563.401-63.403; AND ESTABLISHING AN EFFECTIVE DATE FOR SUCH
ACTIONS.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF ALLEN, TEXAS:
SECTION 1. That from and after the effective date of this Ordinance, City
of Allen Ordinance No. 310 and Chapter 2, "Administration", Article III, "Texas
Municipal Retirement System", of the Allen Code of Ordinances shall be amended to
include the following:
Authorization of Updated Service Credits.
(a) On the terms and conditions set out in Sections 63.401 through 63.403 of
Title 110B, V.A.C.S., each member of the Texas Municipal Retirmeent System (the
"System") who has current service credit or prior service credit in said System in force
and effect on the 1st day of January, 1988, by reason of service in the employment of
the City of Allen, and on such date has at least 36 months of credited service with the
System, shall be and is hereby allowed "Updated Service 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 service with the City of Allen, and who has unforfeited credit
for prior service and/or current service with another participating municipality or
municipalities by reason of previous service, and was a contributing member on January
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shall be credited with Updated Service Credits pursuant to, calculated in
ice with, and subject to adjustment as set forth in said §63.601.
�) In accordance with the provisions of Subsection (d) of Section 63.401 of
e, the deposits required to be made to the Texas Municipal Retirement System
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 of Allen.
SECTION 2. Effective Date. Subject to approval by the Board of Trustees
of the Texas Municipal Retirement System, this Ordinance shall be and become
effective on the 1st day of January, 1988.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
ALLEN, TEXAS, ON THE 17th DAY OF SEPTEMBER 11987.
APPROVED:
�.�� _ � Jam► --� .
Donald P. Rodenbaugh, Mayor
ATTEST:
Mar Hendrix, CMC ity Secretary
APPROVED AS TO FORM:
A. DoNCrowcTer, City Attorney
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