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HomeMy WebLinkAbout09865 ORD - 07/29/1970TEXAS: AN ORDINANCE PROVIDING FOR INCREASED MUNICIPAL CONTRIBUTIONS TO THE CURRENT SERVICE ANNUITY RESERVE AT RETIREMENT OF THE EMPLOYEES OF THE CITY OF CORPUS CHRISTI, TEXAS; PROVIDING FOR, AND GRANTING "ANTECEDENT SERVICE CREDIT" AND "SPECIAL PRIOR SERVICE CREDIT" AT THE RATES HEREIN SPECIFIED, TO QUALIFYING EMPLOYEES OF THE CITY OF CORPUS CHRISTI, TEXAS; PROVIDING A SEVERANCE CLAUSE; PROVIDING AN EFFECTIVE DATE; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, SECTION 1. That effective January 1, 1971, for each month of Current Service thereafter rendered by each of its employees who are members of the Texas Municipal Retirement System, the City will contribute to the current service annuity reserve of each such member at the time of his retirement, a sum that is 150% of such member's accumulated deposits for such month of employment; and said sum shall be contributed from the City's account in the Municipality Current Accumulation Fund. SECTION 2. Each person who is an employee of the City of Corpus Christi on the 31st day of December, 1970 and who is at that date a member of the Texas Municipal Retirement System shall be allowed, and, upon the terms and conditions prescribed by Section XVI of Article 6243h, Vernon's Texas Civil Statutes, as amended by Chapter 371, Acts Regular Session, 61st Legislature, is hereby granted, effective on the date last above mentioned, "antecedent service credit" (as that term is defined in said Act) calculated on the basis of fifty per cent (50 %) of each current service deposit actually made by such person with the Texas Municipal Retirement System during each month of current service performed for this City prior to the 1st day of January, 1971. SECTION 3. Each person who is an employee of the City of Corpus Christi on the 31st day of December, 1970 and who at said date is a member of the Texas Municipal Retirement System and who holds in said System an effective prior service certificate granted by reason of service performed for this City prior to its participation in said System, shall be allowed and is hereby granted (upon the terms and conditions prescribed by Section XV of Article 6243h, Vernon's Texas Civil Statutes as amended by Chapter 371, Acts of the Regular Session, 61st Legislature) a "Special Prior Service Credit" in an amount equivalent to the accumulation at interest, as provided in said Act, of a series of monthly payments of two and one -half per cent (2 1/2%) of the member's "average prior service compensation" for the number of months of prior service certified to in such member's prior service certificate. The special prior service credit herein provided for shall be in addition to the prior service credit heretofore allowed such member. Any person who was employed by the City of Corpus Christi prior to December 31, 1970, whose membership in Texas Municipal Retirement System be reason of such service has not terminated, and who on said date is absent from service in the employment of the City, shall be entitled to antecedent service credit and to special prior service credit in the amount (if any) he would have been allowed under Sections 1 and 2 hereof had he been in active service on said date, provided such person again becomes an employee of the City before termination of his said membership in Texas Municipal Retirement System and within five years from the 31st day of December, 1970. and provided such person thereupon continues as an employee of a participating department of the City of Corpus Christi for a period of five (5) consecutive years. SECTION 4. If for any reason any section, paragraph, subdivision, clause, phrase or provision of this ordinance shall be held invalid, it shall not effect any valid provision of this or any other ordinance of the City of Corpus Christi to which these rules and regulations relate. SECTION 5. The effective date of the above changes shall be January 1, 1971. SECTION 6. The fact that there is an immediate need to make the provisions of the foregoing ordinance effective and a need to maintain an effective administration of City affairs creates a public emergency and an imperative public necessity requiring the suspension of the Charter Rule that no ordinance or resolution shall be passed finally on the date of its introduction and that such ordinance or resolution shall be read at three several meetings of the City Council, and the Mayor, having requested the suspension of said Charter Rules, and that this ordinance be passed on the date of its introduction and that such ordinance take effect and be in full force and effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED, this the A t day of July, 1970. ATTEST: ///Ak- /C/, - - 4.c.-t fie./ 6;el CIT 'SECRETARY, OR THE CITY OF CORPUS CHRISTI, TEXAS APPROVED: DAY OF JULY, 1970 GfGt C Y Ay ORNEY / • TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas Corpus Christi, exas day of 19,70 For the reasons set forth in the emergency clause of the foregoing ordinance, a public emergency and imperative necessity exist for the suspen- sion of the Charter rule or requirement that no ordinance or resolution shall be passed finally on the date it is introduced, and that such ordinance ar resolution shall be read at three meetings of the City Council; I, therefore, request that you suspend said Charter rule or requirement and pass this ordi- nance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, j OR THE CITY OF CORPUS CHRISTI, TEXAS The Charter rule was suspended by the following vote: Jack R. Blackmon Gabe Lozano, Sr. V. A. "Dick"Bradley, Jr. Eduardo E. de Ases Ken McDaniel W. J. "Wrangler" Roberts Ronnie Sizemore The above ordinance was passed by the follow' g vote: Jack R. Blackmon Gabe Lozano, Sr. V. A. "Dick" Bradley, Jr. Eduardo E. de Ases Ken McDaniel W. J. ''Wrangler" Roberts Ronnie Sizemore