Pursuant to the authority conferred by the laws of the state and for the purpose of encouraging continuity and meritorious service on the part of city employees and thereby promote public efficiency, there is authorized, created, established, approved, adopted, and amended, effective as of April 1, 2024, the amended and restated plan designated “Employee Retirement System of the City of Durant, Oklahoma, Defined Contribution Plan,” (hereinafter called System), an executed counterpart of which is marked Exhibit “A” (Joinder Agreement) attached to the most recent ordinance amending the system (Ord. O-2024-20) and Exhibit “B” (amended and restated plan) and attached to the ordinance adopting the system.
(Prior Code, § 36.50) (Ord. 1173, passed 8-7-1992; Ord. 1225, passed 4-9-1996; Ord. 1226, passed 4-9-1996; Ord. 1229, passed - -; Ord. 1268, passed 3-1-1999; Ord. 1285, passed 7-13-1999; Ord. 1286, passed 7-13-1999; Ord. passed 8-27-1999; Ord. 1289, passed 9-14-1999; Ord. 1341, passed 7-10-2001; Ord. 1342, passed 7-10-2001; Ord. 1398, passed 3-11-2003; Ord. 1399, passed 3-11-2003; Ord. 1445, passed 9-14-2004; Ord. 1554, passed 6-18-2007; Ord. 1555, passed 6-18-2007; Ord. 1556, passed 6-18-2007; Ord. 1612, passed 3-10-2009; Ord. 1630, passed 12-8-2009; Ord. 1631, passed 12-8-2009; Ord. 1632, passed 12-8-2009; Ord. 1638, passed 5-11-2010; Ord. 1647, passed 12-14-2010; Ord.1673, passed 12-13-2011; Ord. 1731, passed 7-8-2014; Ord. 1732, passed 7-8-2014; Ord. 1733, passed 7-8-2014; Ord. 1744, passed 12-15-2014; Ord. 1759, passed 7-14-2015; Ord. 1760, passed 7-14-2015; Ord. 1783, passed 12-8-2015; Ord. 1784, passed 12-8-2015; Ord. 1785, passed 12-8-2015; Ord. 1817, passed 12-13-2016; Ord. 1818, passed 12-13-2016; Ord. 1880, passed 5-14-2019; Ord. 1889, passed 11-12-2019; Ord. 1890, passed 11-12-2019; Ord. 1891, passed 11-12-2019; Ord. 1905, passed 5-12-2020; Ord. 1906, passed 5-12-2020; Ord. O-2022-12, passed 4-12-2022; Ord. O-2024-20, passed 4-9-2024)