The city by its Board of Commissioners hereby elects to have the employees of all participating departments of the city (as above defined) participate in and be covered by the Supplemental Disability Benefits Fund of the Texas Municipal Retirement System, as provided by Sections 62.003, 64.401 through 64.404, 65.313, and 65.408 of Title 110B, V.T.C.S.; and all of the benefits and obligations of participation in that Fund are hereby accepted by the city as to such employees.
(A) The City Manager is hereby directed to notify the Board of Trustees of the Texas Municipal Retirement System that the city has elected to participate and have the employees of the above-mentioned departments participate in the Supplemental Disability Benefits Fund of the system.
(B) Each person who becomes an employee of any participating department on or after the effective date of participation of such department in that Fund shall as a condition of his employment be covered into the Supplemental Disability Benefits Fund of the system. The city may in the future refuse to add new departments or new employees to the Fund, but shall never discontinue as to any members who are covered into the Fund.
(C) The City Secretary is 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 Disability Benefits Fund of the Texas Municipal Retirement System, such percentage of earnings of the above-mentioned employees of the city as may be fixed by the Board of Trustees of the Texas Municipal Retirement System, provided that the rate of contribution to the Fund shall not exceed 0.5% of the earnings of the employees of the city who are covered under the Fund; and such official shall make for the city such reports as the Board of Trustees of the Texas Municipal Retirement System may prescribe.
(Ord. 422, passed 9-16-85)