1996M32- TMRS"UPDATED SERVICE CREDITS"
ORDINANCE NO.
ft-/l1-3~
AN ORDINANCE
BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS
AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING
THE TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS),
"UPDATED SERVICE CREDITS" IN SAID SYSTEM ON AN
ANNUAL BASIS FOR SERVICE PERFORMED BY QUALIFYING
MEMBERS OF SUCH SYSTEM WHO AT THE EFFECTIVE DATE
OF THE ALLOWANCE ARE IN THE EMPLOYMENT OF THE
CITY OF SCHERTZ; PROVIDING FOR INCREASED PRIOR
AND CURRENT SERVICE ANNUITIES FOR RETIREES AND
BENEFICIARIES OF DECEASED RETIREES OF THE CITY;
AND ESTABLISHING AN EFFECTIVE DATE FOR THE
ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ,
TEXAS:
Section I
Authorization of Updated Service Credits
(a) On the terms and conditions set out in Sections
853.401 through 853.404 of Subtitle G of Title 8,
Government Code, as amended (hereinafter referred to as the
"TMRS ACT"), each member of the Texas Municipal Retirement
System (hereinafter referred to as the "System") who has
current service credit or prior service credit in the
System in force and effect on the 1st day of January of the
calendar year preceding such allowance, by reason of
service in the employment of the City, and on such date had
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 853.402
of the TMRS Act).
(b) On the terms and conditions set out in Section
853.601 of the TMRS Act, any member of the system who is
eligible for Updated Service Credits on the basis of
service with this City, 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 the 1st
day of January of the calendar year preceding such
allowance, shall be credited with Updated Service Credits
pursuant to, calculated in accordance with, and subject to
adjustment as set forth in said Section 853.601, both as to
the initial grant hereunder and all future grants under
this ordinance.
(c) The
provided for
Credit" of the
(c) of Section
Updated Service Credit hereby allowed and
shall be 100% of the "base Updated Service
member (calculated as provided in subsection
853.402 of the TMRS Act).
(d) Each Updated Service Credit allowed hereunder
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.
(e) In accordance with the provisions of subsection
(d) of Section 853.401 of the TMRS Act, the deposits
required to be made to the System by employees of the
several participating departments on account of current
service shall be calculated from and after the effective
date of this ordinance on the full amount of such person's
compensation as an employee of the City.
Section II
Increase in Retirement Annuities
(a) On terms and conditions set out in Section
854.203 of the TMRS Act, the City hereby elects to allow
and to provide for payment of the increases below stated in
monthly benefits payable by the System to retired employees
and to beneficiaries of deceased employees of the City
under current service annuities and prior service annuities
arising from service by such employees to the City. An
annuity increased under this Section replaces any annuity
or increased annuity previously granted to the same person.
(b) The amount of the annuity increase under this
Section is computed as the sum of the prior service and
current service annuities on the effective date of
retirement of the person on whose service the annuities are
based, multiplied by 70% of the percentage change in
Consumer Price Index for All Urban Consumers, from December
of the year immediately preceding the effective date of the
person's retirement to the December that is 13 months
before the effective date of this Section.
(c) An increase in an annuity that was reduced
because of an option selection is reducible in the same
proportion and in the same manner that the original annuity
was reduced.
(d) If
increase in
annuity will
a computation hereunder does not result in
the amount of an annuity, the amount of
not be changed hereunder.
an
the
(e) The amount by which an increase under this
Section exceeds all previously granted increases to an
annuitant is an obligation of the City and of its account
in the municipality accumulation fund of the System.
Section III
Dates of Allowances and Increases
The initial allowance of Updated Service Credit and
increase in retirement annuities hereunder shall be
effective on January 1, 1997, subject to approval by the
Board of Trustees of the System. An allowance of Updated
Service Credits and an increase in retirement annuities
shall be made hereunder on January 1 of each subsequent
year until this ordinances ceases to be in effect under
subsection (e) of Section 853.404 of the TMRS Act, provided
that, as to such subsequent year, the actuary for the
System has made the determination set forth in subsection
(d) of Section 853.404 of the TMRS Act.
Section IV
Effective Date
Subject to approval by the Board of Trustees of the
System, this ordinance shall be and become effective on the
1st day of January 1997.
APPROVED on first reading the /~T day of October, 1996.
PASSED, APPROVED AND ADOPTED the;.)Tff
of October, 1996.
C
Schertz, Texas
ATTEST:
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City Secretary, City of Schertz
(SEAL OF CITY)
County of Guadalupe
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PUBLISHER'S AFFIDAVIT
THE STATE OF TEXAS,
Before me, the undersigned authority, on this date personally appeared L - A _ REYNOLDS
known
to me, who, being by me duly swom, on his oath deposes and says that he is the Publisher of The Seguin
Gazette-Enterprise, a newspaper published in said county; that a copy of the within and foregoing
AD was published in said newspaper 2 times before the return day named therein, such
publications being on the following dates:
OCTOBER 22, 1996
OCTOBER 24, 1996
and a newspaper copy of which is hereto attached.
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Swom to and subscribed before me, this 25th day of OCTORF.R
A.D., 19 96 .
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Notary Public, Guadalupe County, Texas
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ORDINANCE NO. 96-11-
32
By the City Council of the
City of Schertz, Texas au-
thorizing and allowing
under the act governing t~
Texas Municipal Retirement
system (TMRS), 'Updated
SeMce Credits. in said
system on an annual basis
for service performed b
qualitying members of such
system who at the effective
date of the allowance are in
the amployment of the City
of Schertz' p vid'
. ro 1"9 for in.
c~ prior and current
seMCe annuiUes for retirees
and beneficiaries of de-
ceased retirees of the City.
and establishing an effectjy~
date for the ordinance
Passed, Approved'. and
Adopted the 15th day of 0c-
tober, 1996,
Norma Mhouse
City Secretary.
r~RDlNANCE NO. 96-.
~ 32
~y the Oily Council of the
ejty 'of Schertz, Texas au.
~horizin9 and allowing,
}!nderthe eel governing the
:\TelC8S Municipal Retirement
.~em (TMRS), 'Updated
"ervice Credits. in said
~m on an annual basis
1<>r service performed by
"$Iualitylng members of such
,.system who at the effective
:\iete of the alloWance are in
1he employment of the City
'~f Schertz; providing for in-
,
<:reesed prior and current
.\.ervice annuitieS. for reti--
tl. nd beneficiaries of ~e~
.~eased retireeS of the City;
~ establiShing an effective
bate for the ordinance.
I'aseed, APproved and
~ed \he 15th daY of Qc-
\oller, 1996.
't40rma AlthOuse
pity secretary.
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PUBLISHER'S AFFIDAVIT
(JPY~
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THE STATE OF TEXAS,
County of Guadalupe
Before me, the undersigned authority, on this date personally appeared L. A. REYNOLDS
known
to me, who, being by me duly swom, on his oath deposes and says that he is the Publisher of The Seguin
Gazette-Enterprise, a newspaper published in said county; that a copy of the within and foregoing
AD
was published in said newspaper ;>
times before the return day named therein, such
publications being on the following dates:
OCTOBER 8, 1996
OCTOBER 10, 1996
am! a "__ of whOh ;, h....fo a""'h~~
Swom to and subscribed before me, this 10th day of OCTOBER
A.D., 19 96 .
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Notary Public, Guadalupe County, Texas
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AN ORDINANCE
BY THE CITY COUNCIL
OF -, THE CITY OF
SCHERTI' TEXAS AU.
THORIZI~G AND AU.OW'
lNG, UNDER THE ACT
GOVERNING THE TEXAS
MUNICIPAL RETIRE.
MENT SYSTEM (TMRS),
'UPDATED SERVICE
CREDITS' IN SAID SYS.
TEM ON AN ANNUAL BA.
SIS FOR SERVICE PER.
FORMED BY QUALIFYING
MEMBERS OF SUCH
SYSTEM WHO AT THE
EFFECTIVE DATE OF
THE ALLOWANCE ARE iN
THE EMPLOYMENT OF
THE CITY OF SCHERTZ;
PROVIDING FOR IN-
CREASED PRIOR AND
CURF,lENT ANNUITIES
FOR RETIREES AND
BENEFICIARIES OF DE-
CEASED RETIREES OF
THE CITY; AND ESTAB-
LISHING AN EFFECTiVE
DATE FOR THE ORDI.
NAN C E
Passed on first reading
lha 1 st day of October,
1996.
Norma Althouse,
City Secreta')'
AN ORDINANCE
BY THE CITY COUNCIL
OF THE CITY OF
SCHERTZ, TEXAS AU-
THORIZING AND ALLOW.
lNG, UNDER THE ACT
GOVERNiNG THE TEXAS
MUNICIPAL RETIRE.
MENT SYSTEM (TMRS),
'UPDATED SERVICE
CREDITS' IN SAID SYS.
TEM ON AN ANIIlUAL BA.
,.
11 0 LqJI tinl'c' 10
- -
SIS FOR SERVICE PEa.
FORMED BY QUALIFYING
MEMBERS OF SUCH
SYSTEM WHO AT THE
EFFECTIVE. DATE OF
THE AU.OWANCE ARE IN
THE EMPLOYMENT OF
THE CITY OF SCHERTZ:
PROVIDING FOR IN-
CREASED PRIOR AND
CURRENT ANNUITIES'
FOR RETIREES AND
BENEFICIARIES OF DE.
CEASED RETIREES OF
THE CITY; AND ESTAB-
LISHING AN EFFECTIVE
DATE FOR THE ORDI.
NAN C E
Passed on first reading
the
1 sf day of October, 1996.
. Norma A~house,
City Secretary
~ I
- 1400 SCHERTZ PARKWAY
P. O. DRAWER 1
SCHERTZ, TEXAS 78t54-0890
AC (210) 658-3510
FAX (210) 659-3204
KERRY R. SWEATT
CITY MANAGER
October 17, 1996
Mr. Eric Davis, Assistant Director
Member Benefits
Texas Municipal Retirement System
P.O. Box 149153
Austin, Texas 78714-9153
Re: City Ordinance No. 96-M-32 adoption of updated service
iedit and annuity increases
Mr. D ViS:~
Encl ed is a copy of the city ordinance adopted by the mayor
and city council of the City of Schertz providing for updated
service credit and annuity increases.
The prov~s~ons of this ordinance provide for a
(annual) calculation of these benefits. You have
that the repeating provision will remain in effect
years, but may be discontinued at any time, by an
adopted by the city council.
repeating
confirmed
for future
ordinance
Thank you for your assistance in this matter.
Sincerely,
~
Kerry R. Sweatt
City Manager
KRS:db
Encl: As stated
THE STATE OF TEXAS }
COUNTIES OF GUADALUPE, BEXAR AND COMAL }
CITY OF SCHERTZ }
I, Norma Althouse, City Secretary in and for the City of
Schertz, Texas, DO HEREBY CERTIFY
that
the
above
and
foregoing
is
a
full,
true
and
correct
copy
of
Ordinance No. 96-M-32, passed by the City Council of the City
of Schertz, Texas, at a regular City Council meeting held on
the 15th day of October, 1996 , at 7:00 o'clock P.M., which
meeting was at all times open to the public, as such ordinance
appears in the minutes book of said City Council, and that I am
the lawful possessor and custodian of such books and records
for such City.
I FURTHER CERTIFY that the public
notice of the time,
place and purpose of said meeting was posted in accordance with
V.T.C.A., Government Code, Section 551.041.
WITNESS MY HAND AND SEAL OF SAID CITY on this, the 16th day
of October, 1996.
"!S#u"-~ (~la..eJ
City Secretary
(SEAL OF CITY)
ORDINANCE NO.
f~-/1-3.:L
AN ORDINANCE
BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS
AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING
THE TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS),
"UPDATED SERVICE CREDITS" IN SAID SYSTEM ON AN
ANNUAL BASIS FOR SERVICE PERFORMED BY QUALIFYING
MEMBERS OF SUCH SYSTEM WHO AT THE EFFECTIVE DATE
OF THE ALLOWANCE ARE IN THE EMPLOYMENT OF THE
CITY OF SCHERTZ; PROVIDING FOR INCREASED PRIOR
AND CURRENT SERVICE ANNUITIES FOR RETIREES AND
BENEFICIARIES OF DECEASED RETIREES OF THE CITY;
AND ESTABLISHING AN EFFECTIVE DATE FOR THE
ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ,
TEXAS:
Section I
Authorization of Updated Service Credits
(a) On the terms and conditions set out in Sections
853.401 through 853.404 of Subtitle G of Title 8,
Government Code, as amended (hereinafter referred to as the
"TMRS ACT"), each member of the Texas Municipal Retirement
System (hereinafter referred to as the "System") who has
current service credit or prior service credit in the
System in force and effect on the 1st day of January of the
calendar year preceding such allowance, by reason of
service in the employment of the City, and on such date had
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 853.402
of the TMRS Act).
(b) On the terms and conditions set out in Section
853.601 of the TMRS Act, any member of the system who is
eligible for Updated Service Credits on the basis of
service with this City, 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 the 1st
day of January of the calendar year preceding such
allowance, shall be credited with Updated Service Credits
pursuant to, calculated in accordance with, and subject to
adjustment as set forth in said Section 853.601, both as to
the initial grant hereunder and all future grants under
this ordinance.
(c) The
provided for
Credit" of the
(c) of Section
Updated Service Credit hereby allowed and
shall be 100% of the "base Updated Service
member (calculated as provided in subsection
853.402 of the TMRS Act).
(d) Each Updated Service Credit allowed hereunder
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.
(e) In accordance with the provisions of subsection
(d) of Section 853.401 of the TMRS Act, the deposits
required to be made to the System by employees of the
several participating departments on account of current
service shall be calculated from and after the effective
date of this ordinance on the full amount of such person's
compensation as an employee of the City.
Section II
Increase in Retirement Annuities
(a) On terms and conditions set out in Section
854.203 of the TMRS Act, the City hereby elects to allow
and to provide for payment of the increases below stated in
monthly benefits payable by the System to retired employees
and to beneficiaries of deceased employees of the City
under current service annuities and prior service annuities
arising from service by such employees to the City. An
annuity increased under this Section replaces any annuity
or increased annuity previously granted to the same person.
(b) The amount of the annuity increase under this
Section is computed as the sum of the prior service and
current service annuities on the effective date of
retirement of the person on whose service the annuities are
based, multiplied by 70% of the percentage change in
Consumer Price Index for All Urban Consumers, from December
of the year immediately preceding the effective date of the
person's retirement to the December that is 13 months
before the effective date of this Section.
(c) An increase in an annuity that was reduced
because of an option selection is reducible in the same
proportion and in the same manner that the original annuity
was reduced.
(d) If
increase in
annuity will
a computation hereunder does not result in
the amount of an annuity, the amount of
not be changed hereunder.
an
the
(e) The amount by which an increase under
Section exceeds all previously granted increases
annuitant is an obligation of the City and of its
this
to an
account
in the municipality accumulation fund of the System.
Section III
Dates of Allowances and Increases
The initial allowance of Updated Service Credit and
increase in retirement annuities hereunder shall be
effective on January 1, 1997, subject to approval by the
Board of Trustees of the System. An allowance of Updated
Service Credits and an increase in retirement annuities
shall be made hereunder on January 1 of each subsequent
year until this ordinances ceases to be in effect under
subsection (e) of Section 853.404 of the TMRS Act, provided
that, as to such subsequent year, the actuary for the
System has made the determination set forth in subsection
(d) of Section 853.404 of the TMRS Act.
Section IV
Effective Date
Subject to approval by the Board of Trustees of the
System, this ordinance shall be and become effective on the
1st day of January 1997.
APPROVED on first reading the 1sT day of October, 1996.
PASSED, APPROVED AND ADOPTED the;.)TH day of October, 1996.
Mayor,
?I!o lEI"!
ATTEST:
~~~ ~~
City Secretary, City of Schertz
(SEAL OF CITY)
I
TMRS-CIT-R
TEXAS MUNICIPAL RETIREMENT SYSTEM
AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER THE ACT
GOVERNING THE TEXAS MUNICIPAL RETIREMENT SYSTEM, "UPDATED
SERVICE CREDITS" IN SAID SYSTEM ON AN ANNUAL BASIS FOR
SERVICE PERFORMED BY QUALIFYING MEMBERS OF SUCH SYSTEM
WHO AT THE EFFECTIVE DATE OF THE ALLOWANCE ARE IN THE
EMPLOYMENT OF THE CITY OF SCHERTZ; PROVIDING FOR INCREASED
PRIOR AND CURRENT SERVICE ANNUITIES FOR RETIREES AND
BENEFICIARIES OF DECEASED RETIREES OF THE CITY; AND
ESTABLISHING AN EFFECTIVE DATE FOR THE ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS:
Authorization of Updated Service Credits.
(a) On the terms and conditions set out in Sections 853.401 through 853.404 of
Subtitle G of Title 8, Government Code, as amended (hereinafter referred to as the "TMRS
ACT"), each member of the Texas Municipal Retirement System (hereinafter referred to as the
"System") who has current service credit or prior service credit in the System in force and effect
on the 1 st day of January of the calendar year preceding such allowance, by reason of service
in the employment of the City, and on such date had 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 853.402 of the TMRS Act).
(b) On the terms and conditions set out in Section 853.601 of the TMRS Act, any
member of the System who is eligible for Updated Service Credits on the basis of service with
this City, 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 the 1st day of January of the calendar year preceding such allowance, shall be
credited with Updated Service Credits pursuant to, calculated in accordance with, and subject
to adjustment as set forth in said Section 853.601, both as to the initial grant hereunder and all
future grants under this ordinance.
(c) The Updated Service Credit hereby allowed and provided for shall be 100% of
the "base Updated Service Credit" of the member (calculated as provided in subsection (c) of
Section 853.402 of the TMRS Act).
(d) Each Updated Service Credit allowed hereunder 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.
(e) In accordance with the provisions of subsection (d) of Section 853.401 of the
TMRS Act, the deposits required to be made to the System by employees of the several
participating departments on account of current service shall be calculated from and after the
effective date of this ordinance on the full amount of such person's compensation as an
employee of the City.
I
Page 2.
Increase in Retirement Annuities.
(a) On terms and conditions set out in Section 854.203 of the TMRS Act, the City
hereby elects to allow and to provide for payment of the increases below stated in monthly
benefits payable by the System to retired employees and to beneficiaries of deceased
employees of the City under current service annuities and prior service annuities arising from
service by such employees to the City. An annuity increased under this Section replaces any
annuity or increased annuity previously granted to the same person.
(b) The amount of the annuity increase under this Section is computed as the sum of the
prior service and current service annuities on the effective date of retirement of the person on
whose service the annuities are based, multiplied by 70% of the percentage change in
Consumer Price Index for All Urban Consumers, from December of the year immediately
preceding the effective date of the person's retirement to the December that is 13 months
before the effective date of this Section.
(c) An increase in an annuity that was reduced because of an option selection is
reducible in the same proportion and in the same manner that the original annuity was reduced.
(d) If a computation hereunder does not result in an increase in the amount of an
annuity, the amount of the annuity will not be changed hereunder.
(e) The amount by which an increase under this Section exceeds all previously granted
increases to an annuitant is an obligation of the City and of its account in the municipality
accumulation fund of the System.
Dates of Allowances and Increases. The initial allowance of Updated Service Credit and
increase in retirement annuities hereunder shall be effective on January 1, 1997, subject to
approval by the Board of Trustees of the System. An allowance of Updated Service Credits
and an increase in retirement annuities shall be made hereunder on January 1 of each
subsequent year until this ordinance ceases to be in effect under subsection (e) of Section
853.404 of the TMRS Act, provided that, as to such subsequent year, the actuary for the
System has made the determination set forth in subsection (d) of Section 853.404 of the TMRS
Act.
Effective Date. Subject to approval by the Board of Trustees of the System, this
ordinance shall be and become effective on the 1st day of January 1997.
Passed and approved this the
day of
,19_.
ATTEST:
APPROVED:
City Secretary or Clerk
Mayor