HomeMy WebLinkAbout96-3095PERSONNEL - TMRS RATE OF DEPOSITS
ORDINANCE NO. 96-3095
AN ORDINANCE TO 1NCREASE THE RATE OF DEPOSITS
TO THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY
THE EMPLOYEES OF THE CITY OF PLAINVIEW, TEXAS.
BE IT ORDAINED BY THE CITY COUNCIL OF PLAINVIEW, TEXAS:
Section 1. That all employees of the City of Plainview, who are members of the Texas
Municipal Retirement System, shall make deposits to the System at the rate of seven
percent (7%) of their individual earnings.
Section 2. This ordinance shall become effective on the First day of January, 1997.
PASSED AND APPROVED this ~ day of ~~
,1996.
ATTEST:
Lloyd C. Woods, Mayor
Kfi~ren McBeth, City Secretary
APPROVED AS TO CONTENT:
APPROVED AS TO FORM:
Norman Huggins t/c/
Director of Finance
Wally Hatc~
City Attorney