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HomeMy WebLinkAbout0091_78-6 1978ORDINANCE AN ORDINANCE PROVIDING FOR. PARTICIPATION OF THE CITY IN THE SUPPLEMENTAL DEATH BENEFITS FUND OF THE TEXAS MUNICIPAL RETIREMENT SYS- TEM, TO PROVIDE CERTAIN IN-SERVICE DEATH BENEFITS FOR EMPLOYEES OF THE CITY OF GEORGETOWN, TEXAS WHEREAS, the City of Georgetown Is a municipality parti- cipating on a full --salary basis in the several programs presently operated by the Texas Municipal Retirement System; and, WHEREAS, the City Council is of opinion that it is to the best interests of the City that employees of the City shall participate in the Supplemental Death Benefits Fund operated by said System from the time such Fund becomes operational; now therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN.- Section EORGETOWN.Section 1. That the City of Georgetown hereby elects to participate in the Supplemental Death Benefits Fund of the Texas Municipal Retirement System beginning with the date such Fund shall be made operational, for the purpose of providing in -s service death benefits in the amounts and on the terms provided for for in Section XIX of the TMRS Act (Article 6243h, Vernon's Texas Civil Statutes, as amended)for each of the City's em:- ployees who are members of said System. PASSED AND APPROVED on the first reading on this /,;�k day of Gc j l9"% 9 A.D. PASSED AND APPROVED on the second ,a�d final reading on this tiie ell day of �u.ircty tL !'.7 �A•D• ATTEST: ti ty*-,secr tary iJhW- Doerfl e , Mayor _ C ty of Georgetown 10 t � ♦ r