File #: 17-1418    Version: Name:
Type: Ordinance Status: Passed
File created: 10/30/2017 In control: City Council
On agenda: 11/14/2017 Final action: 12/19/2017
Title: Second Reading Ordinance - Authorizing the continuation of Texas Municipal Retirement System (TMRS) Updated Service Credits for Current Participants and Increases for Prior and Current Annuities (1st Reading 12/12/17) 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 2017, 2. Ordinance - TMRS 2018 UPDATED, 3. TMRS Letter 2018

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Second Reading Ordinance - Authorizing the continuation of Texas Municipal Retirement System (TMRS) Updated Service Credits for Current Participants and Increases for Prior and Current Annuities (1st Reading 12/12/17)

 

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.