§ 2-61. Authorization of restricted prior service credit.

(a)

On the terms and conditions set out in Section 853.305 of Subtitle G of Title 8, V.T.C.A., Government Code, as amended (hereinafter referred to as the "TMRS Act"), each member of the Texas Municipal Retirement System (hereinafter referred to as the "System") who is now or who hereafter becomes an employee of this city shall receive restricted prior service credit for service previously performed as an employee of any incorporated city or town in this state and for which the person has not otherwise received credited service in the System. The service credit hereby granted may be used only to satisfy length-of-service requirements for retirement eligibility, has no monetary value in computing the annuity payments allowable to the member, and may not be used in other computations, including computation of updated service credits.

(b)

A member seeking to establish restricted prior service credit under this ordinance [section] must take the action required under said Section 853.305 while still an employee of this city.

(Ord. No. 1727, § 1, 10-7-91)

Editor's note

Ordinance No. 1727, adopted Oct. 7, 1991, did not specifically amend this Code; hence, codification of § 1 of said ordinance as § 2-61 herein was at the editor's discretion.