O-89-2446 - 12/28/1989ORDINANCE NO. 021/440
AN ORDINANCE ALLOWING CERTAIN EMPLOYEES OF THE CITY, WHO
PERFORMED OR HEREAFTER PERFORM ACTIVE SERVICE IN THE ARMED
FORCES (OR THEIR RESERVES OR AUXILIARIES) OF THE UNITED
STATES UNDER HONORABLE CONDITIONS, TO APPLY AND MAKE
DEPOSITS FOR, AND TO RECEIVE SPECIAL CREDIT WITH THE TEXAS
MUNICIPAL RETIREMENT SYSTEM FOR LIMITED PORTIONS OF SUCH
MILITARY SERVICE, AND PROVIDING FOR PAYMENT BY THE CITY OF
ITS SHARE OF THE COSTS OF ALLOWING SUCH CREDITS.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS:
Section 1. Pursuant to Section 63.502, Subchapter F of Chapter
63, Title 110B, Revised Civil Statutes of Texas, as amended, the City
of Round Rock hereby elects to allow eligible members in its
employment to establish credit in the Texas Municipal Retirement
System for active military service performed as a member of the armed
forces or armed forces reserves of the United States or an auxiliary
of the armed forces or armed forces reserves. Eligible members as
used herein shall be those employees meeting the criteria set forth
in Sections 63.502(b) and 63.503 of said Subchapter F, and the amount
and use of creditable military service shall be as further set forth
in Section 63.505.
Section 2. In order to establish credit for military service
hereunder, a member must deposit with the Texas Municipal Retirement
System (in that member's individual account in the Employees Saving
Fund), an amount equal to the number of months for which credit is
sought, multiplied by $15.00. The City of Round Rock agrees that its
account in the Municipality Accumulation Fund is to be charged at the
time of the member's retirement with an amount equal to the
accumulated amount paid by the member for military service credit,
multiplied by the City's current service matching ratio in effect at
the date the member applies for such military service credit.
Section 3. This ordinance shall become effective on the 1st day
of January, 1990. j,�
EAD nd APPROVED on first reading this the Wilt) day
of , 198q.
READ an APPROVED and ADOPTED on second reading this the d tday
of , 198q.
MIKE ROBINSON, MAYOR
City of Round Rock, Texas
ATTEST:
E LAND, ity Secretary
TCORD2
DATE: December 22, 1989
SUBJECT: City Council Meeting, December 28, 1989
ITEM: 9G. Consider an ordinance allowing City employees to receive credit
with TMRS for prior military service. (Second Reading)
STAFF RESOURCE PERSON: Linda Gunther
STAFF RECOMMENDATION:
Staff is recommending consideration of allowing City
employees to receive credit with Texas Municipal Retirement
System for prior military service. Military Service Credit
would allow members to establish additional credit with
the Texas Municipal Retirement System for the number of
months of military service up to 60 months.
Prior military service established under such an
ordinance can be used in satisfying length -of -service
requirements for retirement, and the retirement annuity
member receive will be increased as a result of the
amounts the member and City pay in order to obtain the
credit.