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HomeMy WebLinkAboutORD 72-20 - Retirement3l/ 0 AN ORDINANCE PRESCRIBING THE MAXIMUM EARNINGS v TO BE CONSIDERED IN CALCULATING DEPOSITS AND CONTRIBUTIONS TO BE MADE BY REASON OF CURRkNT SERVICE OF EMPLOYEES OF THIS CITY WHO ARE MEM- BERS OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM. BE IT ORDAINED BY THE CITY COUNCIL OF GEORGETOWN, TEXAS: That the total earnings, which may be paid by the City of Georgetown to any of its employees who are members of the Texas Municipal Retirement System, shall be considered in calculating the amount to be withheld and the deposits and con- tributions to be made to the Texas Municipal Retirement System by reason of Current Service rendered by such employee to this City. Passed and approved this the 11th day of December, 1972. ATTEST: City Secretary