§ 2-43. Credit for military service

(a) Pursuant to Subchapter F of Chapter 63, Title 110B, Revised Civil Statutes of Texas, as amended, the City hereby elects to allow eligible members in its employment to establish credit in the Texas Municipal Retirement System for active military service performed as a member of the armed forces or armed forces reserves of the United States or an auxiliary of the armed forces or armed forces reserves, during a period in which the United States is or was involved in a state of conflict with foreign forces. Eligible members as used herein shall be those employees meeting the criteria set forth in subsection (b) of Section 63.501 of said Subchapter F, and the amount and use of creditable military service shall be as further set forth in that subchapter.

(b) In order to establish credit for military service hereunder, a member must deposit with the Texas Municipal Retirement System (in that member's individual account in the employees saving fund), before the first anniversary of the effective date of this section or before the first anniversary of the date the member becomes eligible to establish the credit (whichever is later) an amount equal to the number of months for which credit is sought, multiplied by fifteen dollars ($15.00), and the City must contribute an amount equal to the amount required of the member, multiplied by the City's current service matching percentage in effect on the date the member applies for credit hereunder. The City agrees to pay into its account in the municipality accumulation fund all sums which become due hereunder as a result of the granting of such credit.

(Ord. No. 88-030, §§ 1, 2, 8-8-88)

refeditor

Inclusion herein of §§ 1 and 2 of Ord. No. 88-030, adopted Aug. 8, 1988, as § 2-43, was at the discretion of the editor, the ordinance not being specifically amendatory of the Code.