ORD 651 10/12/2004 TMRS-20
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Ordinance 651
TEXAS MUNICIPAL RETIREMENT SYSTEM
AN ORDINANCE AFFECTING PARTICIPATION OF CITY EMPLOYEES
IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM GRANTING THE
ADDITIONAL RIGHTS AUTHORIZED BY SECTION 854.202(g) OF TITLE
8, TEXAS GOVERNMENT CODE, AS AMENDED, AND PRESCRIBING
THE EFFECTIVE DATE FOR THE ORDINANCE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS:
Section 1. Pursuant to the provisions of Section 854.202(g) of Subtitle G of Title 8, Texas
Government Code, as amended, which Subtitle shall herein be referred to as the "TMRS Act,"
the City of Cibolo, Texas, adopts the following provisions affecting participation of its employees
in the Texas Municipal Retirement System (herein referred to as the "System"):
(a) Any employee of the City who is a member of the System is eligible to retire and
receive a service retirement annuity if the member has at least 20 years of credited service in
the System performed for one or more municipalities that have adopted a like provision under
Section 854.202(g) of the TMRS Act.
(b) Prior to adopting this ordinance, the governing body of the City has: (1)
prepared an actuarial analysis of member retirement annuities at 20 years of service; and (2)
held a public hearing pursuant to the notice provisions of the Texas Open Meetings Act,
Chapter 551, Texas Government Code.
(c) The rights hereinabove authorized shall be in addition to the plan provisions
heretofore adopted and in force at the effective date of_this ordinance pursuant to the TMRS
Act.
Section 2. This ordinance shall become effective on the first day of
200(5 .
Passed and approved this the a day of o p bQ� , A O'-i
ATTEST: APPROVED:
WL,OMituiJ ►1
City Secretary or lerk Mayor