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HomeMy WebLinkAboutOrdinance 4860 ORDINANCE NO . AN ORDINANCE AMENDING ORDINANCE N0. 2999, WHICH ORDINANCE ESTABLISHES AND PROVIDES FOR A RETIRE- MENT PLAN AND BENEFITS THEREUNDER FOR CERTAIN OFFICIALS AND EMPLOYEES OF THE CITY OF FORT WORTH, BY PROVIDING FOR THE INCLUSION OF FIREMEN IN THE FUND AND ESTABLISHING A CREDIT FOR PRIOR SERVICE; PROVIDING FOR THE TRANSFER OF ASSETS FROM THE FIREMEN'S RELIEF AND RETIREMENT FUND; PROVIDING FOR THE ASSUMPTION OF THE LIABILITIES OF THE FIRE-- MEN' S RELIEF AND RETIREMENT FUND; PROVIDING A SAV- INGS CLAUSE; MAKING THIS ORDINANCE CUMULATIVE; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That Section 3 of Ordinance No. 2999 be amended, and, after being so amended, the same shall hereafter read as fol- lows: Section 3 . MEMBERSHIP IN THE FUND Membership in the Fund shall be a condition of employment for all eligible: employees. In the event that the Legislature of the State of Texas adopts legislation authorizing the inclu- sion of active Firemen in this Fund, membership herein shall, become a condition of employment of Firemen upon the effective date of such legislation.. In such event, all of the assets of the Firemen' s Relief and Retirement Fund shall be transferred to the Fund as of said effective date, and thereafter those persons serving as active Firemen shall, be subject to all provisions of such Fund and the Fund shall'assume all liabilities and obligations of the Firemen' s Relief and Retirement Fund at the date of transfer. Any Fireman who becomes a member of the Fund by virtue of the provisions of this paragraph shall be granted pension credits for all years and completed months of service rendered as an employee of the City of Fort Worth prior to said effective date. No person employed in the future shall become a member of the Fund until he has passed a satis- factory physical examination prescribed by the Board of Trustees . Upon acceptance into the Fund, such new member shall make contributions back to the date of his employment in accordance with the then current schedule of contributions_ Employees of the City who were actively at work on October 1, 1952, who were eligible for membership in the Fund on January 1, 1946, but who at the date of such eligibility rejected membership and who joined the amended Fund as of October 1, 1952, shall re- ceive credit for all prior service except for the period between the date of refusal and September 30, 1952 . SECTION 2 . if any section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be unconstitutional, such holding shall not affect the validity of the remaining portions of this ordinance, and all of the remainder of this ordinance not so held to be unconstitutional shall continue to be in full force and effect. SECTION 3 . This ordinance is hereby declared to be cumulative of all other ordinances of the City of Fort Worth relating to pen- sions, and this ordinance shall not operate to repeal or affect any of such other ordinances except insofar as the provisions thereof might be inconsistent or in conflict with the provisions of this ordinance, in which event such conflicting provisions, if any, in such other ordinance or ordinances are hereby repealed. SECTION 4. This ordinance shall take effect and be in full force and effect from and after the date of its passage and adoption, and it is so ordained. APPROVED AS TO FORM. AND LEGALITY: City Attorney