HomeMy WebLinkAboutORD 73-5KEWJr/gh/1/15/ •i�.. ! �a:...0;
ORDINANCE NO. 73-5
ENTITLED AN ORDINANCE'AMENDING CHAPTER 12 OF
THE CODE OF ORDINANCES OF THE CITY OF BEAUMONT
BY ADDING A NEW SECTION THERETO, NUMBERED
SECTION 12-14.5.1; PROVIDING FOR PARTICIPATION
IN THE SUPPLEMENTAL BENEFITS FUND OF THE TEXAS
MUNICIPAL RETIREMENT SYSTEM BY THE DIVISION OF
PUBLIC TRANSPORTATION, ANEW CITY DEPARTMENT;
PROVIDING FOR PAYMENT OF THE CITY'S CONTRIBUTIONS
ON ACCOUNT OF SUCH PARTICIPATION; PROVIDING
FOR REPEAL; AND PROVIDING FOR SEVERABILITY.
WHEREAS, the City Council has heretofore elected to
have the employees of all departments of the city government
participate in the Supplemental Benefits Fund of the Texas
Municipal Retirement System; and,
WHEREAS, a new city department, the Division of Public
Transportation, has been established; NOW", THEREFORE,
BE IT ORDAINED BY THE CITY OF BEAUMONT,'TEXAS:
Section 1.
That Chapter 12 of the Code of Ordinances of the City
of Beaumont is amended by adding thereto a new section numbered
Section 12-14.5.1, which said new Section 12-14.5.1 shall read
as follows:
"Sec. 12-14.5.1: Supplemental Benefits Fund -
Participation by Division of
Public Transportation.
"The City of Beaumont,.,Texas, by its City Council
hereby elects to have the employees of.the Divi-
- _,:sion_of._ Public Transportation participate in and
be covered by the Supplemental Benefits Fund of
the Texas Municipal Retirement System, as pro-
vided by Chapter 312,- Acts Regular Session, 56th
Legislature; and all the benefits and obligations
of participation in said.Fund are hereby accepted
by the city as to such employees. The City Manager
is hereby directed to notify the Board of Trustees
of the Texas Municipal Retirement System that the
City of Beaumont, Texas, has elected to participate
and have the employees of the above mentioned
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department participate in the Supplemental
Benefits Fund of said System. Each person who
becomes an employee of, said department on or
after the effective date of participation of
such department in said Fund shall as a con-
dition of his employment be covered into the
Supplemental Benefits Fund of said System. The
City of Beaumont, Texas, may in the future
refuse to add new departments or new employees
to said Fund, but shall never discontinue as
to any. members who are covered into the Fund.
The City Finance Officer is hereby directed
to remit monthly to the Board of Trustees of
the Texas Municipal Retirement System at its
office in Austin, Texas, as the City's contri-
butions to the Supplemental Benefits Fund of
the Texas Municipal Retirement System, such
percentage of earnings of the above-mentioned
employees said city as may be fixed by the
Board of Trustees of the Texas MurL ipal Retire-.
ment System,°provided that the rate of contri-
bution to said Fund shall not exceed one-half
of one percentu.m (1/2%) of the earnings of the
employees of'said city who are covered under
said Fund; and such official shall make for the
City such reports as the Board of Trustees of
the Texas.Municipal Retirement System may
prescribe. Participation of the above-mentioned
employees in the Supplemental Benefits Fund shall
be effective January 1, 1973."
Section 2.
That all ordinances and parts of ordinances in conflict
herewith are hereby repealed.
Section 3.
If any section, subsection, sentence, clause or phrase
of this ordinance, or the application of same to a particular
set of persons or circumstances should for any reason be held
invalid, -such invalidity shall inno way affect the remaining
portions of this ordinance, and.to such end the various pro-
vision's of this ordinance are declared to be severable.
PASSED by the City Council this the /10 day of
January, 1973.
WE
- Mayor -