For each month of current service rendered by each of its employees who are members of the State Municipal Retirement System, the city will contribute to the current service annuity reserve of each such member at the time of his or her retirement, a sum that is 200% of the member’s accumulated deposits for such month of employment; and this sum shall be contributed from the city’s account in the Municipality Current Service Accumulation Fund.
(1998 Code, § 90-224)
Statutory reference:
Authority, see Tex. Gov’t Code § 855.501(b)