O-3258-10-14ORDINANCE NO. 3258-10-14
' AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, AMENDING THE CODE OF ORDINANCES BY AMENDING
CHAPTER 2, ADMINISTRATION, ARTICLE III, TEXAS MUNICIPAL
RETIREMENT SECTION, BY ADDING A NEW SECTION ELECTING FOR THE
CITY TO MAKE CURRENT SERVICE AND PRIOR SERVICE CONTRIBUTIONS
TO THE CITY'S ACCOUNT IN THE BENEFIT ACCUMULATION FUND OF THE
TEXAS MUNICIPAL RETIREMENT SYSTEM ("TMRS") AT THE ACTUARIALLY
DETERMINED RATE OF TOTAL EMPLOYEE COMPENSATION; PROVIDING A
REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND
PROVIDING FOR AN EFFECTIVE DATE.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
SECTION 1. The Code of Ordinances of the City of Allen, Texas, be and the same is hereby amended by
amending Chapter 2, Administration, Article III, Texas Municipal Retirement System, by adding a new
section electing for the City to make current service and prior service contributions to the City's account in
the benefit accumulation fund of the Texas Municipal Retirement System ("TMRS") at the actuarially
determined rate of total employee compensation, to read as follows:
"CHAPTER 2 — ADMINISTRATION
ARTICLE III —TEXAS MUNICIPAL RETIREMENT SYSTEM
Sec. 2-62. — City contributions for pension benefits.
Pursuant to Section 855.407(g) of the Texas Municipal Retirement System Act, the City hereby elects to
make future normal and prior service contributions to its account in the benefit accumulation fund of the
Texas Municipal Retirement System at such combined rate of the total compensation paid by the City to
employees who are members of the Texas Municipal Retirement System, as the Texas Municipal Retirement
System's actuary shall annually determine as the rate necessary to fund, within the amortization period
determined m applicable to the City under the Texas Municipal Retirement System Act, the costs of all
benefits which are or may become chargeable to or are to be paid out of the City's account in said
accumulation fund, regardless of other provisions of the Texas Municipal Retirement System Act limiting the
combined rate of City contributions."
SECTION 2. All ordinances of the City of Allen, Collin County, Texas, in conflict with the provisions of
this Ordinance be, and the same are hereby, repealed; provided, however, that all other provisions of said
ordinances not in conflict with the provisions of this Ordinance shall remain in full force and effect.
SECTION 3. Should any word, sentence, paragraph, subdivision, clause, phrase or section of this
' Ordinance, as amended hereby, be adjudged or held to be void or unconstitutional, the same shall not affect
the validity of the remaining portions of said Ordinance, or the Code of Ordinances, as amended hereby,
which shall remain in full force and effect.
SECTION 4. This Ordinance shall take effective immediately from and after its passage in accordance with
the provisions of the Charter of the City of Allen, and it is, accordingly, so ordained.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 28TH DAY OF OCTOBER, 2014.
APPROVED AS TO FORM:
6pzt' aAr.-ak
Peter G. Smith, CM ATTORNEY
(P S.10-16-14 TM 68]06)
APPROVED:
Stephen Terrell, MAYOR
She ay
B. George, C, CITY CRETARY
Ordinance No. 3258-10-14, Page 2