§ 2-86. Applicability.

(a)

The city council on behalf of such city hereby exercises its opinion and elects to have the city and all of the employees of all departments now existing and those hereafter created participate in the state municipal retirement system as provided in the Revised Civil Statutes, Title 110B, sections 61.001 through 61.605, as amended, and all of the benefits and obligations of such system are hereby excepted as to such employees.

(b)

The city administrator is hereby directed to notify the board of trustees of the state municipal retirement system that the city has elected to participate and have the employees of the city covered in such system.

(c)

Each person who becomes an employee of any participating department on or after the effective date of participation of such department shall become a member of the state municipal retirement system as a condition of his employment.

(d)

In accordance with the provisions of the statute, the deposits to be made to the state municipal retirement system on account of current service of the employees of the several participating departments are hereby fixed at the rate of five (5) percent of the full earnings of each employee of such departments.

(e)

Each employee who qualifies for such credit shall be allowed "prior service credit" as defined in Title 110B, section 63.105, of the Revised Civil Statutes, at the rate of one hundred (100) of the base of prior service credit of such member calculated in the manner prescribed in such statute.

(f)

For each month of current service rendered to this city 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 retirement a sum that is one hundred (100) percent of such member's accumulated deposits for such months of employment; and such sum shall be contributed from the city's account in the municipality current service accumulation fund.

(g)

The city secretary is hereby directed to remit to the board of trustees of the state municipal retirement system at its office in Austin, Texas, the city's contribution to the system and the amounts which shall be deducted from the compensation or payroll of employees, all as required by such board under the provisions of the Revised Civil Statutes, Title 110B, sections 61.001 through 61.605, as amended and the city secretary is hereby authorized and directed to ascertain and certify officially on behalf of the city, the prior service rendered to the municipality by each of the employees of the participating departments and the average prior service compensation received by each and to make and execute all prior service certifications and all other reports and certifications which may be required of the city under the provisions of the above-cited statutes, or in compliance with the rules and regulations of the board of trustees of the state municipal retirement system.

(h)

Participation of the above-mentioned employees in the state municipal retirement system shall become effective on October 1, 1981.

(Ord. No. 8108, §§ I—VIII, 9-3-81)