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HomeMy WebLinkAboutOrdinance 2666 ORDI N.4NCE NO. 2S�.P 4 AN OIIn241wn AF3I',NDIm ORDINAmcr NUTD3ER 2266, BEI'•IG AN QIZDI 4ANCE ESTABLISHING A RETIRM,11It PENSIM SYSTEIT FOR CERTAIN OFFICERS AND 1:71LOYEES OF THE CITY OF FORT 47ORTH AND AFTER BEING AME01D PROVIDING FOR ESTABLISIL.EIIT OF A- RETIREMCNT SYSTEM FOR CERTAIN OFFICERS AND EI PLCYEES OF THE CITY OF FORT WOKLH; ISAI:ING IMMEPSHIP IL ID!,TORY EXCEPT AS TO MMERS OF CERTAIN DEPArc=11,,TS; PROVIDING CONTRIBUTI011S TO RLTIREIVIT FUND BY THE CITY APID THE OFFICERS AND MIPLOYETTES :1110 ARE ;T;:ffiERS OF THE PEZInN SYSTEM; AUTHORIZING A1'PROPRIPfM-3 BY TILQ CITY COU"MIL TO PADVITIE THE COINTRIBUTIONS TO BE MADE DY TIfi; CITY; CREATING A RIE IRE 1MIT BOA D TO ADVINISTER THE SYSTEM; DEFINING TIMMS; REPMLING ORDINA110ES IN C017LICT HERE— WITH; PRESCRIBING A SAVU.TG CLAUSE; MOVIDIM Ul 177."CTIC, DATE, AIID DECT,MIM :1I1 EIMME I1CY. BE IT ORDAINED BY THE CITY COU'ICIL OF THE CITY OF FORT JORTH, TEY.AS: That Ordinance Number 2266, passed and adopted by the City Council Wednesday, September 12, 1945, be amended and after being amended shall read as follows: SECTION 1. ACI01OI1EDGEP.MNT OF CREATION OF THE FUIM Acknowledgement is hereby made of the creation and establishment by a prior ordinance of "The Employees' Retirement Fund of the City of Fort �North.lt SECTION 2. DEF I lam.10 ITS 1. "Prior service" shall mean all service an employee has rendered the City prior to the effective date of this Retirement Fund. 2. "Subsequent service" shall mean the number of years that the member has contributed to the Retirement Fund. 3. "Creditable service» shall-.mean a total of all prior service ,and all. sub. sequent service. 4# "Employees eligible for participation" in the Retirement Fund shall include all regular employees of the City of Fort '.forth except the following employees who shall not be eligible for participation in the Retirement Fund: a. Elective officers and non-salaried, appointive members of administrative boards and commissions, except employee members of such boards. b. Persons employed under contract for a definite period or for performance of a particular, special service. c. Employees serving on a part time basis of less that: one-half time. E Page 2. d. }aployees who are paid in part by the County, State or other governmental agency, and only in Dart by the City. e. Employees of the Board of Education. f. Employees who retain membership in any other local municipal or State Retirement Fund. g. Persons carried on the payroll as temporary employees. Miether or not any employee is a temporary or permanent employee small be determined by the record of the appointment. Any employee, the department head, or any other interested person may appeal to the Board of Trustees of the Retirement Fund for a determination as to any person's eligibility to become a member of the Fund. 5• "Fund" shall mean "The Employees" Retirement Fund of the City of Fort Worth, Texas." 6. "Board" shall mean the Board of Trustees of the Employees" Retirement Fund of the City of Fort Worth, Texas. 7. "Members"+ shall mean the eligible employees of the City of Fort Worth who are members of the Retirement Fund. 8. "Contributing Members" shall mean members who are making contributions as set forth in Section 4 of this ordinance. 9. "Beneficiary"" shall mean any person in receipt of a retirement benefit or any other benefit provided in the ordinance'. 10. "Accumulated contributions" shall mean the sum of contributions made by a member, plus regular interest additions thereto. 11. "Regular interest" shall mean interest at the rate of two per cent per annum or such other rate as may be prescribed bythe Board, based upon the actual interest-earning experience of the Fund. 12. "Retirement benefits" shall mean an annuity or benefit for life, as provided in the ordinance, payable each year in twelve equal monthly installments, beginning as of the date fixed by the Board in accordEnce with the provisions of this ordinance. 13. "Actuarial tables" shall mean such tables of mortality 'X-Id rates of interest as shall be adopted by the Board. 14. "Actuarial equivalent"" shall mean an annuity or benefit of equal value to the accumulated contributions, annuity or benefit, as the case may be, when computed upon the basis of the actuarial tables in current use by the Board in administering the Fund. 15. '"Withdrawal from service"" shall mean complete severance of employment of any member as an employee of the City by any act or means except death of said member. 16. The masculine pronoun, wherever used herein, shall include the feminine pronoun. 17. "Effective Dates" shall mean January 1, 1946. 18. "Fiscal Year" shall mean the period from October 1st of one year through September 30th of the following year. The first fiscal period shall be from the effective date through September 30th, 1946. : Page 3. SECTION 3. 1,92 BERSHIP IN THE FUND Each employee eligible for participation in the Retirerent Fund at the ef- fective date of the Fund shall automatically become a member of the Fund, unless he files a written election not to become a member within thirty (30) days after the effective date of the Fund, provided, however, that no person shall be en- titled to any benefits under the Fund until he has been in the employ of the City for a period of one year, either before or after the effective date of the Fund. An employee on military leave may file an election not to become a mem- ber within thirty (30) days after his reemployment; otherwise he shall automat- ically become a member of the Fund upon reemployment. Any future employee shall automatically become a member of the Fund after he has been in the service of the City one year, provided, however, deduction shall be made for contributions during the one Tear probation period subject to being returned if such employee's service is terminated before the expiration of the one year period. Membership in the Fund shall be a condition of employment as to all future eligible e?mloyees, except that such membership shall be optional with members of the Fire, Fire Alarm and Police Departments. After one year the member's service record shall relate back to the time of employment. SECTION 4. Beginning on the effective date of the ordinance, each member, who has not reached the age of sixty-five (65), shall contribute to the Fund four per cent (4%) of his salary, provided that, except as herein provided, such contributions shall not exceed for any member a sum of money in excess of that based on a monthly salary of $400.00. This contribution shall be made in the form of a deduction from compensation and shall be made notwithstanding that the net com- pensation paid in cash to such member shall be reduced thereby below the minimum prescribed by law. Each member shall be deemed to consent and agree to deduc- tions made from his compensation provided for in this ordinance and shall receipt in full for salary or compensation, and payment to said member of compensation, less a4td deduction, shall constitute a full and complete discharge and acquit- tance of all claims and demands whatsoever for services rendered by such member Page 4. during the period covered by such payment except as to the benefits provided for by this ordinance. Upon an affirmative vote of seventy-five per cent (75%) of all the contributing members of the Retirement Fund, the members' contributions provided for herein may be increased at any time by increasing the percentage of salary to be contributed, but in no event to exceed seven and one half per cent (7'%), and on no salary basis of more than 0400.00 per month. SECTION 5. A. Any member whose withdrawal from service occurs upon or after the attainment of age sixty-five (65), and who shall have completed at least fifteen (15) years of creditable service, or whose tern of employment began after reaching the age of fifty (50) years, shall be entitled to receive, beginning at the time of such withdrawal, a normal retirement benefit to be paid from the Pension Reserve Fund as described in this section. The annual amount of the normal retirement benefit shall consist of: 1. A savings annuity which shall be the actuarial equivalent of the accumulated contributions of the member at the time of retirement, computed according to the actuarial tables then in use by the Fund; 2. A prior service annuity of not less than one per cent (1%) of the member's compensation for all service prior to January 1, 1946; 3. A subsequent service annuity, without cash refund., which shall be provided for by the contributions of the City of Fort Worth, which contributions shall be equal in amount to the contributions of the member as set forth in Section 4 hereof; and 4. A subsequent service annuity, without cash refund, which shall be the actuarial equivalent of the amount transferred to his account, with regular interest thereon, as provided for below. At the end of any fiscal year any amount then in the Contingency Fund not transferred to the Pension Reserve Fund, may by action of the Board be transferred in equal amounts to the accounts of the members as an additional contribution from the City of Fort 'North as herein provided; (a) Members Not Yet Retired:-The amount so apportioned to each member shall be credited to his account as other contributions made by the City. (b) Members on Retirement:-The amount so apportioned shall be paid the member in equal monthly installments during the succeeding fiscal year. Page..5. B. AnY member whose withdrawal from service occurs prior to his attainment of age sixty-five (65)9 but not prior to his attainment of age sixty (60), and who shall have completed .at least twent7-five".(?5)..7ears -of creditable 3er- vice, and who shall not have received a refund of his accumulated contribu- tions, shall be entitled to receive, beginning at the time of such withdrMal, a retirement benefit based on his then attained age, consisting of: 1. A savings annuity which shall be the actuarial equivalent of the then accumulated contributions of the member at the time of retire- ment, computed according to the actuarial tables then in use by the Fund; and 2. A prior service annuity and subsequent service annuity :fhich shall be adjusted to amounts respectively representing the actuarial equivalents at the member's then attained age of the amounts of corresponding annuities described in Section 5, A-2-3 and 4 and beginning at age sixty-five (65). C. If, upon withdrawal from service at an age at which he would otherwise be entitled to a normal retirement benefit, a member shall not have accumulated a sufficient number of years of creditable service to entitle him to a prior service annuity and a subsequent service annuity, such member may elect.- 1. lect;1. To receive his accumulated contribution in cash; or 2. To receive a savings annuity, provided his accumulated contributions are sufficient to provide such a savings annuity of not less than One Hundred Twenty Dollars ($120.00) per year. D. One year after the effective date of the Fund, any member of the Fund who has reached the age of sixty (60) years and has been continuously employed by the City for more than twenty-five (25) years may, at his option, retire from the service of the City upon a retirement payment, as hereinabove provided, based upon his age at retirement. Retirement for all City employees, whether members are not, shall be compulsory at the are of sixty-five (65), subject to both of the following conditions: 1. The employee may be permitted to continue in the service if he ,so desires; and 2. If his services are still valuable to the City. "Ihether or not an employee's services are valuable at the age of sixty-five (65) shall be determined by the City Manager and the Administrative Head of the department, if such department is not under the jurisdiction of the City Imager. If the City Manager and administrative Head determine that such services are valuable, such determination must be certified to the Board for approval or dis- approval within the discretion of the Board. If the Board approves, the employee Page 6. may continue in the employ of the City subject to annual review by the Board. If the City Manager and Administrative Head determine that the employee should be retired, the employee, if he so desires, may appeal to the Board, which may either approve or disapprove of the determination made by the City Manager and the Administrative Head. E. Any member with fifteen (15) 'years creditable service who separates from service of the City for any reason shall, at his option, either withdraw from the Fund the sum total of his contributions plus interest thereon not to exceed two percentum (2%) per annum or, leave his contributions in the Fund until he has reached the retirement age of 60 years or 65 years, which- ever age he may elect at the time of separation, and upon reaching such elected retirement age, he shall receive benefits calculated as set out in Section 5, A-1-2 and 3 above. However, no contributions will be accepted to the credit of a member's account after his separation from service of the City. SECTION 6. REVERSIONARY AMUITY-OPTIONAL PRIVILEGE AT RETIREP.1ENT Any member may elect at the time of retirement to receive a lesser amount of retirement benefit and provide with the remainder of his equity, as actuarially determined, an annuity for any person who is dependent upon such member at the time of retirement, as named in a written direction filed with the Board as a part of his application for a retirement benefit, provided that the condition of dependency exists and has been proved to the satisfaction of the Board, and provided further that the reversionary annuity resulting from such election is found to be not less than One Hundred Twenty Dollars ($120.00) per year nor more than the amount of reduced retirement benefit to which the member is entitled under his election. The amount of reversionary annuity shall be that determined by the Board of Trustees in accordance with the written direction of the member. Any such rever- sionary annuity shall begin as of the day following the date of death of the member receiving a retirement benefit, provided that the person designated to receive the reversionary annuity shall have been alive on the date of death of such member; but if such designated person does not survive the member who shall be receiving retirement benefit., no reversionary annuity shall be payable under Page 7. the provisions hereof, nor shall any change be permitted by the Board in the written direction filed with the Board after the retirement benefit has -been granted and has become effective and payable. SECTION 7• DEATH BENEFITS Upbn the death of a member before retirement (while in service), there shall be paid to his estate, or to such person as he shall have nominated by written direction duly acknowledged and filed frith the Board, a refund of the accumulated contributions of the member as of the date of death. The person nominated by the deceased member to reccive the benefits herein- above described in this section may provide in a written designation duly executed and filed with the Board that the accumulated contributions of the deceased member shall be paid in the form of an annuity, to be determined as of the date of death of the member on the basis of the age of said nominated person at that time, as the actuarial equivalent of the accumulated contributions, provided that such actuarial equivalent is a life annuity of at least One Hundred Twenty Dollars ($120.00) per year; otherwise, said benefit shall be paid in a single cash sum. Upon death of a member in receipt of a retirement benefit, unless a rever- sionary annuity, is payable under the provisions of Section 6 hereof, a death benefit shall be paid in a single cash sum to his estate or to the person, as he shall have nominated by written direction duly acknowledged and filed with the Board, consisting of the e::cess, if any, of the accumulated contributions of the member at the time of retirement over the total amount of all retirement benefit pw ments received by the retired member prior to his death. Page 8. SECTION 8. REFUND OF CONTRIBUTIONS Upon withdrawal from service, any member who shall not be entitled to a retirement benefit under the provisions hereof, shall be paid a refund equal to the total of his contributions to the Fund, without interest, excepting however, any such member who has been a contributing member for as many as three (3) years and not as many as 15 years shall be entitled to the sum total of his contributions plus interest thereon not to exceed two percentum (2%) per annum. The Board is authorized, in its discretion, to withhold payment of a refund for a period foot to exceed one year after a member has ceased to be an employee. Any such member shall thereby ipso facto forfeit, waive and relinquish all ac- crued rights in the Fund, including all accrued creditable service. If such member reenters the service of the City within one year from the date of with- drawal and becomes a member of the Fund and remains a contributor for five (5) years, he may repay all amounts previously received by him as refund, together with regular interest compounded annually for the period from the date of refund to the date of repayment. Upon such restoration, such member shall again receive credit for the period of creditable service which he forfeited upon withdrawal. Accumulated interest forfeited by a member shall be credited to the Contingency Fund, but if the member again receives credit for creditable service which he thus forfeited he shall again be credited with the interest which was previously forfeited and the Contingency Fund so charged. SECTION 9. CITY CONTRIBUTIONS The City's contributions shall annually be sufficient to maintain the Prior Service Reserve Fund, the Subsequent Service Reserve Fund and the Pension Re- serve Fund and shall provide for the costs of administering the Fund, and the City Council is authorized and directed to make all necessary appropriations to provide the contributions to be made by the City under the terms of this ordin- ance. The amount of the City's annual contribution for the purpose of providing subsequent service annuities shall in each year be equal to the contributions made by the -members of the pension system, but shall never in any event exceed seven and one-half per cent (7-1%) of the salaries and wages of the members. Page 9. SECTION 10, FUNDS TO BE MUNTAINED The assets of the Favid shall be segregated as follows: 1. Savings Annuity Fund 2. Subsequent Service Fund 3• Interest and Investment Fund 4, Contingency Reserve Fund 5. Prior Service Reserve Fund 6. Pension Reserve Fund 1. Savings Annuity Fund: The savings annuity fund shall at all times be equal in amount to all the contributions of the members prior to retirement, together with such regular interest as may be credited thereon as otherwise provided. 2. Subsequent Service Fund: The Subsequent Service Fund shall consist of the contributions made by t'ke City of Fort Worth and shall at all times be equal in amount to the Savings Annuity Fund. 3• Interest and Investment Fund: All net earnings earned by the Fund shall be placed in the Interest and Investment Fund and at the end of each year credited to the Savings Annuity Fund, Subsequent Service Fund, Prior Service Reserve Fund, and the Pension Reserve Fund as allocated by the Board. 4e Contingency Reserve Fund: Contributions made by the City of Fort Worth for a member who withdrays from the service of the City or dies before retire- ment shall be transferred as of the date of withdrgffal or death into a general fund herein designated as the Contingency Reserve Fund. At any time any amount remaining in the Contingency Reserve Fund may be transferred to the Pension Reserve Fund upon the certification to the Board by the actuary that the amount so transferred is necessary to maintain the Pension }deserve Fund on a sound actuarial basis. Transfers from such Fund shall also be made as provided in Section 5, A-4 and Section 8. 5. Prior Service Reserve Fund: Prior to the retirement of any member a Prior Service Reserve Fund shall be maintained by contributions by the City. As to each individual member, the amount of such prior Service Reserve Fund at the beginning of any fiscal year shall be the single premium, according to the actuarial tables then in use by the Fund, for the prior service annuity earned multiplied by a fraction, the numerator of tirhich shall be the number of years, plus one, since the effective date ofthe Fund and the denominator of which shall be the number of years between the effective date of the Fund and the date on which such member attains the age of sixty-five (65) years. 6. Pension Reserve Fund: At the time of retirement of any member there shall be transferred into the Pension Reserve Fund, the accu*iulated contributions of the member from the Savings Annuity Fund; a like amount from the Subsequent Service Fund; an amount from the Prior Service Reserve Fund which shall be the actuarial equivalent of the benefit granted on account o:i ,prior service and such amount as has been accumulated under Section 5, A-4 of this ordinance. SECTION 11. VALUATION As soon as practicable after the effective date of this ordinance a valuation of the benefits provided for herein shall be made by the actuary and certified to the Board. kt the end of each fiscal year, September 30, and at such other times as the Board deems necessary, a valuation of the Prior Service Reserve Fund and the Pension Reserve Fund shall be made by the actuary and certified to the Board. Page 10. SECTION 12. CREDIT FOR MILITARY SERVICE, TEMPORARY LEAVES OF ABSENCE AND SERVICE BREAKS A. Any person becoming a member of the Fund after the effective date who shall enter the military, naval, marine, coast guard or other armed service of the United States while the United States is at war, and who shall resume ser- vice with the City within one hundred and twenty (120) days after his uncondi- tional discharge, shall receive subsequent service credit, based upon his salary at the time of entering such armed service, for such armed service for any and all purposes of this ordinance; also, any former employee having left the service of the City prior to the effective date to enter such armed service of the United States, and who was not an employee of the City on the effective date, shall receive prior service credit, based upon his salary at the time of entering such armed service, for both prior service and armed service if such former employee reenters the service of the City within one hundred and twenty (120) days after his unconditional discharge from such armed service and elects ,to become a member of the Fund within thirty (30) days after reemployment by the City; otherwise such former employee shall not be entitled to prior service credit. Nothing in this section shall be construed to entitle a member to with- draw any monies from the accumulated contributions in the Fund unless he has actually made contributions to the Fund and then only to the extent of his con- tributions to the Fund, plus allo,.•vable interest, and the City shall not be re- quired to make contributions to the Fund for any member while in such armed service. B. Leaves of absence that are less than one year's duration shall be con- sidered temporary leaves of absence. Any longer leave of absence, except mili- tary leaves, shall be considered a termination of service and shall be subject to the rules hereafter set out in regard to service breaks. In case of temporary leave of absence, neither the member nor the City shall be required to contribute to the Retirement Fund during the time of the leave, but the member, in order to retain his status in the Fund, shall leave his contributions in the Fund. The member shall receive no service credit of any kind during a leave. a Page 11. C. In connection with the service breaks, the following shall apply: 1. Service breaks prior to the effective date of the Fund: (a) A person who is employed by the City at the time of the effective date of the Fund and becomesa member of the Fund shall be entitled to prior service credit even though such prior service was not continuous, provided that no prior service credit shall be allowed for any period prior to reemployment after a service break of more than one year. (b) A person who is not employed by the City at the time of the effective date of the Fund, but who has been employed in the past, shall be entitled to prior service credit if he returns to the service within one year from the date of the termination of service and becomes a member of the Fund erithin such one year period. 2. Service breaks after the effective date of the Fund: (a) A member, upon separation from the service, shall be entitled to withdraw his contributions as provided in Section S. If such employee reenters the service of the City within one year and becomes a member of the Fund, he shall be considered as a new employee and shall lose all prior service credits unless he shall repay to the Fund in cash, as provided in Section 8, the amount of money which he has withdrawn, plus regular interest compounded annually on said amount for the period from the date of refund to the date of repayment. (b) If, however, the service break of such member is more than one year, he shall not be entitled to any prior service credits, nor shall he be entitled to redeposit withdrawals, but he shall reenter the Fund as a new member and he shall not be entitled to any service credits of any kind. None of the restrictions hereof in regard to service breaks shall apply to military leave. Page 12. SECTION 13. The Fund created by this ordinance is a trust. This Fund shall be adminis- tered by a Board to be '=' Nm as the Board of Trustees of The Employees' Retire- ment Fund of the City of Fort North. The Board shall consist of five (5) members, who shall be selected as follows: A. Two (2) members shall be elected by the employees of the City who are msmbers of the Fund. In the selection of the original two employee members of the Board, the City manager shall deter- mine the time, method and manner by which such Board members shall be elected. After the first election, the time, method and manner of election shall be determined by the Board. B. Three (3) members shall be appointed by the governing body of the City of Fort Worth. The members of the Board shall hold, office for two (2) years, unless they are removed, and their successors selected in the same way and manner that their original selection occurs. SECTION 14. DUTIES AND FG.'MS OF TIM BOARD OF TRUSTEES The Board shall serve without remuneration and shall meet not less than once a month and may meet at any time that the business of the Fund shall , require it. The Board will elect its oven chairman, and he shall have the power to call a. meeting at any tine that is necessary in order to carry out the business of the Board. Three members of the Board shall constitute a quorum to transact any business, but it shall require not less than three affirmative votes to carry any matters before the Board. The Board shall have charge of and administer the Retirement Fund and shall order payments therefrom pursuant to the terms of this ordinance, and no money shall be paid out of the Fund except upon the order of the Board. Page . The Treasurer of the City of Fort `North shall be, ex-officio, the Treasurer of the Fund and shall: A. Act as official custodian of the cash and securities belonging to the Fund and provide adequate safe deposit facilities for the preservation of such securities subject to the order of the Board; B. Receive all items of cash belonging to the Fund, including con- tributions of members, collect the interest on and the principal of all securities belonging to the Fund as such interest and principal becomes due and payable, deposit all such amounts in a special trust fund for the account of the Fund, and submit a monthly report to the Fund of all such amounts in a special trust fund for the account of the Fund, and submit a monthly report to the Fund of all such transactions; and C. Make payments for purposes specified in this ordinance in accordance with vouchers submitted pursuant to athorixa- tion of the Board. The Treasurer shall have the same re- sponsibility for assets of the Fund in his possession as for funds of the City under his control and all assets of the Fund shall be completely segregated and earmarked as belonging to the Fund. The Board shall have full power to make any and all rules and regulations pertaining to the Retirement Fund not inconsistent with this ordinance, the Constitution and the laws of the State of Texas, and consistent with the local civil service regulations. The Board shall name an Administrator to supervise the affairs of the Retirement Fund upon approval of the City Manager. The Board may also authorize the Administrator to select any required number of persons to assist him in carrying out his work. All employees of the Fund and the compensation of all persons engaged by the Board or Administrator and all other expenses of the Board necessary for the operation of the Fund must be recommended by the City Iranager and approved by the City Council. Whenever, in the opinion of the Board, there is on hand a surplus of funds over and above what will be necessary to meet current demands, it may invest such funds in interest-bearing securitibs of the United States, the State of Texas, the County of Tarrant, the City of Fort Worth, the Fort Worth Independent School District or the Tarrant County Water Control & Improvement District No. 1, and in County-wide unlimited tax obligations of any Texas County. In administering the Fund and as to all other matters in connection with its administration, the decision of the Board shall be final and conclusive. - Page 14- SECTION 15. The City of Fort Worth shall never be held liable or responsible for any claim or asserted claim for benefits under the provisions of this ordinance, but all claims shall be paid from the funds for which provision has been specifically made herein. SECTION 16. The City Council, consistent with the Constitution and laws of the State and the Charter of the City of Fort Worth, shall have the power and authority to amend any or all of the terms and provisions of this ordinance without submitting such amendment or admendments at an election of the qualified voters of said City or the qualified voters thereof entitled to vote on the question of the issuance of tax supported bonds. SECTION 17. The provisions of this ordinance shall be cumulative of and in addition to all other ordinances of the City of Fort "forth relating to pensions, which ordinances are hereby preserved and continued in force and effect, provided, however, that in the event of any conflict the provisions of this ordinance shall control. SECTION 18. If any provision, section, part, subsection, sentence, clause, phrase or paragraph of this ordinance be declared invalid or unconstitutional, the same shall not affect any other portion or Provision hereof, and all other provisions shall remain valid and unaffected by any invalid portion, if any, and the City Council now says that if it had lmown at the time of the passage of this ordi- nance that any portion of said ordinance was invalid it would not have adopted such invalid part. Page 15. SECTION 19. E14ERGENCY CLAUSE 9 The fact that the City of Fort 1,Yorth now has in operation an adequate retire- ment pension system for its officers and employees who have rendered long and faithful service to the City and many of whom are rapidly reaching that age where they are unable to render the kind and character of service that is required in a City of its size creates an urgency and an emergency in the interest of the preservation of the public peace, health, safety and general welfare which requires that this ordinance take effect from and after its passage, and it is accordingly ordained. ADOFTED this 30th day of r.4arch, A. D. 1949• 15yor ZoT the City of Fort Wor , Texas ATTEST: City Secre ary of ie My of Fort Worth, Texas APPROVED AS TO FORM: City Attorney of the_­C31Ty=o Fort Worth, Texas I, E. S. Birdsong, Secretary of the City of Fort Worth, Texas, do hereby certify that the above and foregoing is a true and correct copy of Ordinance No. , dully passed and adopted by the City Council of the City of Fort Worth, Texas, in regular session held on the 30th day of Harch, A. D. 1949► City Secretary o the City o Fort Worth, Texas.