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HomeMy WebLinkAbout11006 ORD - 08/02/1972JRR /Mc 8/1/72 1sT I A AN ORDINANCE • K TO PROVIDE 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 SPECIFIED, TO QUALIFY- ING EMPLOYEES OF THE CITY OF CORPUS CHRISTI, TEXAS; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THAT EFFECTIVE,JANUARY 1 1973 , , 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 RE- TIREMENT, A SUM THAT Is 200%u OF SUCH MEMBERS ACCUMULATED DEPOSITS FOR SUCH MONTH OF EMPLOYMENT; AND SAID SUM SHALL BE CONTRIBUTED FROM THE CITY'S r ACCOUNT IN THE MUNICIPALITY CURRENT ACCUMULATION FUND. s .;9 SECTION 2. EACH PERSON WHO IS AN EMPLOYEE OF THE CITY OF CORPUS CHRISTI ON THE 31ST DAY OF DECEMBER, 1972 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 PERCENT (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, 1973• SECTION 3. EACH PERSON WHO IS AN EMPLOYEE OF THE CITY OF CORPUS CHRISTI ON THE 31ST DAY OF DECEMBER, 1972 AND WHO AT SAID DATE IS A MEMBER OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM AND WHO HOLDS IN SAID SYSTEM AN EFFEC- TIVE 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 �ya3d ARTICLE, a6243H, VERNON'S TEXAS CIVIL STATUTES AS AMENDED BY CHAPTER 371, ACTS U006 JRR /Mc 8/1/72 1sT r a OF THE REGULAR SESSION, 61ST LEGISLATURE) A "SPECIAL PRIOR SERVICE CREDIT" s IN AN AMOUNT OF EQUIVALENT TO THE ACCUMULATION AT INTEREST' AS PROVIDED IN SAID ACTS OF A SERIES OF MONTHLY PAYMENTS OF TWO AND ONE —HALF PERCENT (2 1/2 %) OF THE MEMBERS "AVERAGE PRIOR SERVICE COMPENSATION" FOR THE NUMBER OF MONTHS OF PRIOR SERVICE CERTIFIED TO IN SUCH MEMBERS PRIOR SERVICE CERTIFICATE. THE SPECIAL PRIOR SERVICE CREDIT HEREIN PROVIDED FOR SHALL BE IN ADDITION TO THE PRIOR SERVICE CREDIT HERETOFORE ALLOWED SUCH MEMBER. III SECTION 4. ANY PERSON WHO WAS EMPLOYED BY THE CITY OF CORPUS CHRISTI PRIOR TO DECEMBER 31, 1972, WHOSE MEMBERSHIP IN TEXAS MUNICIPAL RETIREMENT SYSTEM BY REASON OF SERVICE -HAS NOT-T ERMINATED�.AND�WHO ON SAID DATE IS ABSENT FROM SERVICE IN THE EMPLOYMENT OF THE CITY SHALL BE ENTITLTED TO ANTECEDENT » SERVICE CREDIT AND TO SPECIAL PRIOR SERVICE CREDIT IN THE AMOUNT (IF ANY) HE WOULD HAVE BEEN ALLOWED UNDER SECTIONS I 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 (5) YEARS FROM TH,E 31ST DAY OF DECEMBER, 1972, 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 5. NEW BENEFITS ARE TO BECOME EFFECTIVE JANUARY 1, 1973. ' SECTION 6. .IF FOR ANY REASON ANY SECTION, PARAGRAPHS SUBDIVISION, CLAUSE, PHRASES WORD, OR PROVISION OF THIS ORDINANCE SHALL BE HELD INVALID OR UNCONSTITUTIONAL BY FINAL JUDGMENT OF A COURT OF COMPETENT JURISDICTION IT SHALL NOT AFFECT ANY OTHER SECTION, PARAGRAPH, SUBDIVISION, CLAUSE, PHRASE, WORD, OR PROVISION OF THIS ORDINANCES FOR IT IS THE DEFINITE INTENT OF THIS CITY COUNCIL THAT EVERY SECTION, PARAGRAPH, SUBDIVISION, CLAUSE, PHRASES WORD, OR PROVISION HEREOF BE GIVEN FULL FORCE AND EFFECT FOR ITS PURPOSE. SECTION 7. THE NECESSITY TO PROVIDE FOR INCREASED MUNICIPAL CON- TRIBUTIONS AT THE EARLIEST POSSIBLE DATE CREATES A PUBLIC EMERGENCY AND 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 BUT THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE SEVERAL MEETINGS OF THE CITY COUNCILS AND THE MAYOR HAVING DECLARED SUCH -2- JRR/Mc 8/1/72 1ST EMERGENCY AND NECESSITY TO EXIST, AND HAVING REQUESTED THE SUSPENSION OF THE CHARTER RULE AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND TAKE EFFECT AND BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINED, THIS THE ✓ri-� DAY OF AUGUST, 1972. 1 ATTEST• O � CIT SECRE ARY AYOR THE CITY OF ORP RISTI, TEXAS APPROVED: DAY OF AUGUST, 1972: C I ATTORNEY � —' CORPUS CHRISTI, TEXAS _ aZ✓1•�o� DAY OF� y �9 �•7 . t —L� TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS 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 OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; 1, 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. - RES TFULL , IF - p O MAYOR THE CITY OF CO S HRISTj,• TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: BONNIE SIZEMORE CHARLES A. BONNIWELL ROBERTO BOSQUEZ, M.D. REV. HAROLD T. BRANCH --�°�- THOMAS V. GONZALES - GABE LOZA NO, $R. • J. HOWARD STARK THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING �VOTE: — RONNIE SIZEMORE • CHARLES A. BONNIWELL ROBERTO BOSQUEZ, M.D. 'REV. HAROLD T. BRANCH0 THOMAS V. GONZALES ' GABE LOZA NO, $R. • J. HOWARD STARK /l --