O-73-244 - 10/8/1973AN ORDINANCE PROVIDING•FOR PARTICIPATION IN
THE SUPPLEMENTAL BENEFITS FUND OF THE
TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL
DEPARTMENTS OF THE CITY GOVERNMENT WHICH
NOW PARTICIPATE IN THE TEXAS MUNICIPAL RE-
TIREMENT SYSTEM; AND PROVIDING FOR PAYMENT
OF THE CITY'S CONTRIBUTIONS ON A ACCOUNT OF
SUCH PARTICIPATION.
WHEREAS, THE GOVERNING BODY OF THE CITY OF ROUND ROCK, TEXAS HAS
HERETOFORE ELECTED TO HAVE THE EMPLOYEES OF ALL DEPARTMENTS OF THE CITY GOVERNMENT
PARTICIPATE IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM (SUCH DEPARTMENTS BEING HERE-
INBEFORE CALLED "PARTICIPATING DEPARTMENTS"), AND
WHEREAS, CHAPTER 312, ACTS REGULAR SESSION, 56TH LEGISLATURE PROVIDES FOR
ESTABLISHMENT IN SAID SYSTEM OF A SUPPLEMENTAL BENEFITS FUND TO PROVIDE FOR ADDITION-
AL DISABILITY BENEFITS FOR SERVICE CONNECTED DISABILITIES, AND
WHEREAS, THE GOVERNING BODY OF THE CITY OF ROUND ROCK, TEXAS FINDS THAT
IT WILL BE IN THE PUBLIC INTEREST TO PROVIDE FOR PARTICIPATION OF EMPLOYEES OF SUCH
DEPARTMENTS IN SAID SUPPLEMENTAL BENEFITS FUND; Now, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF ROUND ROCK, TEXAS:
SECTION 1. THE CITY OF ROUND ROCK, TEXAS, BY ITS CITY COUNCIL HEREBY
ELECTS TO HAVE THE EMPLOYEES OF ALL PARTICIPATING DEPARTMENTS OF SAID CITY (AS ABOVE
DEFINED) PARTICIPATE IN AND BE COVERED BY THE SUPPLEMENTAL BENEFITS FUND OF THE
TEXAS MUNICIPAL RETIREMENT SYSTEM, AS PROVIDED 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.
SECTION 2. THE CITY MANAGER IS HEREBY DIRECTED TO NOTIFY THE BOARD OF
TRUSTEES OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM THAT THE CITY OF ROUND ROCK, TEXAS,
HAS ELECTED TO PARTICIPATE AND HAVE THE EMPLOYEES OF THE ABOVE MENTIONED DEPARTMENTS
PARTICIPATE IN THE SUPPLEMENTAL BENEFITS FUND OF SAID SYSTEM.
SECTION 3. EACH PERSON WHO BECOMES AN EMPLOYEE OF ANY PARTICIPATING
DEPARTMENT ON OR AFTER THE EFFECTIVE DATE OF PARTICIPATION OF SUCH DEPARTMENT IN SAID
FUND SHALL AS A CONDITION OF HIS EMPLOYMENT BE COVERED INTO THE SUPPLEMENTAL.BENEFITS
FUND OF SAID SYSTEM. THE CITY OF ROUND ROCK, 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.
SECTION 4. THE CITY SECRETARY 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 CONTRIBUTIONS 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 MUNICI-
PAL RETIREMENT SYSTEM, PROVIDED THAT THE RATE OF CONTRIBUTION TO SAID FUND SHALL
NOT EXCEED ONE-HALF OF ONE PERCENTUM (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.
SECTION 5. PARTICIPATION OF THE ABOVE-MENTIONED EMPLOYEES IN THE SUPPLE-
MENTAL BENEFITS FUND SHALL BE EFFECTIVE NOVEMBER 1, 1973.
PASSED AND APPROVED THIS THE
ATTEST:
GIAm' SECRETARY
DAY OF (d' Vii" _ z_ , 19 7 .