File #: 13-001150    Version: Name:
Type: Ordinance Status: Passed
File created: 11/26/2013 In control: City Council
On agenda: 12/10/2013 Final action: 12/17/2013
Title: Second Reading Ordinance - Continuing Texas Municipal Retirement System (TMRS) updated service credits for participants and increases for prior and current annuities (1st Reading 12/10/13) Ordinance authorizing and allowing, under the Act governing the Texas Municipal Retirement System, "Updated Service Credits" in said system for service performed by qualifying members of such system who presently are members of the City of Corpus Christi; providing for increased prior and current service annuities for retirees and beneficiaries of deceased retirees of the City; establishing an effective date for such actions; and providing for severance.
Sponsors: Human Resources
Attachments: 1. Agenda Memo - TMRS Ad Hoc 2013, 2. Ordinance - TMRS 2013
Title
Second Reading Ordinance - Continuing Texas Municipal Retirement System (TMRS) updated service credits for participants and increases for prior and current annuities (1st Reading 12/10/13)
Ordinance authorizing and allowing, under the Act governing the Texas Municipal Retirement System, "Updated Service Credits" in said system for service performed by qualifying members of such system who presently are members of the City of Corpus Christi; providing for increased prior and current service annuities for retirees and beneficiaries of deceased retirees of the City; establishing an effective date for such actions; and providing for severance.