Ordinance No. 890ORDINANCE NO. fi ns
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN PRESCRIBING
THE MAXIMUM EARNINGS TO BE CONSIDERED IN CALCULATING DEPOSITS AND CON -
TRIBUTIONS TO BE MADE BY REASON OF CURRENT SERVICE OF EMPLOYEES OF THE
CITY WHO ARE MEMBERS OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM; AND
PROVIDING FOR AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
That annual earnings in excess of Six Thousand and No /100 ($6,000.00)
Dollars which may be paid by the City of Baytown to any of its employees who are
members of the Texas Municipal Retirement System, shall not be considered in cal-
culating the amount to be withheld and the deposits and contributions to be made
to the Texas Municipal Retirement System by reason of Current Service rendered by
such employee to this City; and the maximum amount which shall be deducted each
month for Current Service deposits to said System (where such compensation is paid
on a monthly basis) shall exclude payments in excess of one - twelfth (1 /12th) of
the aforesaid sum of Six Thousand and No /100 ($6,000.00) Dollars which is prescribed
above as the maximum annual earnings to be taken into account in calculating deposits
and contributions on account of Current Service.
Effective Date: That such current maximum earnings shall become
effective and deductible - gctober 1, 1967.
INTRODUCED, READ and PASSED this the 28th day of Sept- 2m;,�r, 1967.
Seaborn Cravey, May,6r
ATTEST:
C_ f
Edna Oliver, City Clerk
APPROVED:
Georg Chandler, City Attorney