File #: 15-1350    Version: Name:
Type: Ordinance Status: Passed
File created: 11/17/2015 In control: City Council
On agenda: 12/8/2015 Final action: 12/15/2015
Title: Second Reading Ordinance - Continuing Texas Municipal Retirement System (TMRS) Updated Service Credits for current participants and increases for prior and current annuities (1st Reading 12/8/15) 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 2015, 2. Ordinance - TMRS 2015

Title

Second Reading Ordinance - Continuing Texas Municipal Retirement System (TMRS) Updated Service Credits for current participants and increases for prior and current annuities (1st Reading 12/8/15)

 

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.