§ 2-207. Supplemental disability benefits fund.

(a)

Effective January 1, 1986, the city, by its city council, hereby elects to have the employees of all participating departments of the city participate in and be covered by the supplemental disability benefits fund of the Texas Municipal Retirement System, as provided by Vernon's Ann. Civ. St. Title 110B, sections 62.003, 64.401 through 64.404, 65.313, and 65.408. All of the benefits and obligations of participating in such fund are hereby accepted by the city as to such employees.

(b)

The city manager is hereby directed to notify the board of trustees of the Texas Municipal Retirement System that the city has elected to participate and have the employees of participating departments of the city participate in the supplemental disability benefits fund of said system.

(c)

Each person who becomes an employee of any participating department on or after the effective date of participation of such department in the fund shall, as a condition of his employment, be covered into the supplemental disability benefits fund of the system. The city may in the future refuse to add new departments or new employees to the fund but shall never discontinue as to any members who are covered into the fund.

(d)

The city secretary 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 disability benefits fund of the Texas Municipal Retirement System, such percentage of earnings of the participating employees of the city as may be fixed by the board of trustees of the Texas Municipal Retirement System; provided, that the rate of contribution to such fund shall not exceed one-half of one (1) percent of the earnings of the employees of the city who are covered under the fund. The city secretary shall make for the city such reports as the board of trustees of the Texas Municipal Retirement System may prescribe.

(Ord. No. 85-117, §§ 1—5, 12-10-85)