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<br />.- <br /> <br />__e <br /> <br />Page 3 <br /> <br />LA PORTE ORDINANCE k~1t.) Ord. No. 1349 <br /> <br />Section 4. In order to establish credit for military service hereunder, a member must <br />deposit with the Texas Municipal Retirement System (in that member's individual account in <br />the Employees Saving Fund), before the first anniversary of the effective date of this <br />ordinance or before the first anniversary of the date the member becomes eligible to <br />establish the credit (whichever is later> an amount equal to the number of months for which <br />credit is sought, multiplied by $15.00, and the City must contribute an amount equal to the <br />amount required of the member, multiplied by the City's current service matching percentage <br />in effect on the date the member applies for credit hereunder. The City of La Porte agrees <br />to pay into its account in the Municipality Accumulation Fund all sums which become due <br />hereunder as a result of the granting of such credit. <br /> <br />Section 5. The rights, credits and benefits hereinabove authorized shall be in addition <br />to the plan provisions heretofore adopted and in force at the effective date of this ordinance <br />pursuant to the TMRS Act. <br /> <br />Section 6. <br /> <br />This ordinance will become effective on the first day of January, 1983. <br /> <br />Passed and approved this the 15th <br /> <br />day of <br /> <br />December <br /> <br />, 19 R? <br /> <br />ATTEST: <br /> <br />APPROVED: <br /> <br /> <br />J'r~~~ <br /> <br />I ayor <br />