(A) Election to participate in the TMRS. On behalf of the municipality, the Council hereby exercises its option and elects to have the municipality and all of the employees of all departments, except the Fire Department, participate in the Texas Municipal Retirement System (hereafter “TMRS”) as provided in Tex. Gov't Code §§ 851.001 et seq., as amended; and all of the benefits and obligations of such system are hereby accepted.
(B) Election to participate in the TMRS Supplemental Benefits Fund. The Council elects to have the employees of all participating departments of the municipality participate in and be covered by the Supplemental Benefits Fund of the Texas Municipal Retirement System, as provided by Tex. Gov't Code §§ 851.001 et seq.; and all the benefits and obligations of participation in such fund are hereby accepted by the municipality as to such employees.
(C) Adoption by reference. Ordinances effecting the plan for participation in the TMRS, employee contributions, updated service credits, increases in benefits and retirement annuities and any other applicable legislation of the municipality and state are adopted by reference into this code of ordinances as if fully set forth herein and shall be kept on file in the office of the Municipal Secretary.
(Am. Ord. 851, passed 2-15-01)