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Ordinance No. 965W ORDINANCE NO. 965 19 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN PROVIDING FOR PARTICIPATING IN THE SUP- PLEMENTAL BENEFITS FUND OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL DEPARTMENTS OF THE CITY GOVERNMENT WHICH NOW PARTICIPATE IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM; AND PROVIDING FOR PAYMENT OF THE CITY'S CONTRIBUTIONS ON ACCOUNT OF SUCH PARTICIPATION. WHEREAS, the governing body of the City of Baytown, Texas has heretofore elected to have the employees of all departments of the city government participate in the Texas Municipal Retirement System (such departments being herein - before called "participating departments ") ; and WHEREAS, Chapter 312, Acts Regular Session, 56th Legislature provides for establishment in said System of a Supplemental Benefits Fund to provide for additional disability benefits for service connected disabilities; and WHEREAS, the governing body of the City of Baytown, Texas finds that it will be in the public interest to provide for participation of employees of such departments in said Supplemental Benefits Fund; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: The City of Baytown, Texas, by its City Council hereby elects to have the employees of all par- ticipating departments of said City (as above defined) par- ticipate in and be covered by the Supplemental Benefits Fund of the Texas Municipal Retirement System, as provided by Chapter 312, Acts Regular Session, 56th Legislature; and all the benefits and obligations of participation in said Fund are hereby accepted by the city as to such employees. Section 2: The City Manager is hereby directed to notify the Board of Trustees of the Texas Municipal Retirement System that the City of Baytown, Texas, has elected to participate and have the employees of the above mentioned departments participate in the Supplemental Benefits Fund of said System. Section 3: Each person who becomes an employee of any participating department on or after the effective date of participation of such department in said Fund shall as a condition of his employment be covered into the Supplemental Benefits Fund of said System. The City of Baytown, Texas, may in the future refuse to add new departments or new em- ployees to said Fund, but shall never discontinue as to any members who are covered into the Fund. Section 4: The City Clerk is hereby directed to remit monthly to the Board of Trustees of the Texas Municipal Retirement System at its office in Austin, Texas, as the City's contributions to the Supplemental Benefits Fund of the Texas Municipal Retirement System, such percentage of earnings of the above - mentioned employees of said city as may be fixed by the Board of Trustees of the Texas Municipal Retirement System, provided that the rate of contribution to said Fund shall not exceed one -half of one percentum (1/2%) of the earnings of the employees of said city who are covered under said Fund; and such official shall make for the City such re- ports as the Board of Trustees of the Texas Municipal Retire- ment System may prescribe. Section 5: Participation of the above mentioned employees in the Supplemental Benefits Fund shall be effective January 1, 1960, or on such later date as the Board of Trustees -2- t OWN,, of the Texas Municipal Retirement System shall declare said Fund to be operative. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the V-38MR6191; "D William R. Laughlin"', City Attorney