[CC 1976 §2-121; Ord. No. 1480 §1, 3-18-1987]
The City of Pacific, a Missouri Political Subdivision provides
benefits for certain employees of the City of Pacific in the Missouri
Local Government Employees Retirement System, authorizing any required
deductions from wages and salaries of those employees and authorizing
payment of required employer contributions.
[CC 1976 §2-122; Ord. No. 1480 §2, 3-18-1987; Ord. No. 2219 §1, 6-19-2001; Ord. No. 2412 §1, 10-5-2004]
A. The
City of Pacific, Missouri, is a political subdivision as defined in
Sections 70.600 through 70.755, RSMo., 1978, as amended and hereby
elects to have covered by the Missouri Local Government Employees
Retirement System all its eligible employees with one thousand five
hundred (1,500) or more hours of annual employment and to cover under
Benefit Program L-6 (two percent (2%)) such employees of the following
classes:
1. Present and future general employees (neither Policemen nor Firemen
as defined by Section 70.600, RSMo., 1978, as amended).
2. Present and future Policemen as defined by Section 70.600, RSMo.,
1978, as amended.
B. To
adopt no change in the retirement age provision of member employees,
keeping member employees option of retirement under the "80 and Out"
option (member employee attains age and years of credited service
in force [minimum of five (5) years credited service] which total
eighty (80) or more) in accordance with Sections 70.600, 70.645 and
70.646, RSMo. (2000).
C. To
adopt no change in the contributions from covered employees, keeping
the requirement of no contributions from covered employees in accordance
with the provisions of Sections 70.705 and 70.730, RSMo. (2000).
D. To
adopt no change in the method of determining a member employee's final
average salary, keeping a sixty (60) consecutive month period for
determining a member employee's final average salary in accordance
with Sections 70.600 and 70.656, RSMo. (2000).
[CC 1976 §2-123; Ord. No. 1480 §3, 3-18-1987; Ord. No. 2219 §1, 6-19-2001]
The City of Pacific, hereby elects that one hundred percent
(100%) of prior employment be considered for prior service credit
in computing benefits and contributions to the system and to require
no contributions from covered employees.
[CC 1976 §2-124; Ord. No. 1480 §4, 3-18-1987; Ord. No. 2219 §1, 6-19-2001]
The City of Pacific further elects to have the "final
average salary" of its employee members determined over a
sixty (60) consecutive month period.
[CC 1976 §2-125; Ord. No. 1480 §5, 3-18-1987]
The City Clerk of the City of Pacific is hereby authorized and
directed to deduct from the wages and salaries of each employee member,
the member contributions if any required by Section 70.705 RSMo.,
and to promptly remit the deductions to the retirement system together
with the employer contributions required by Section 70.705 and Section
70.730 RSMo., 1978, as amended.
[CC 1976 §2-126; Ord. No. 1480 §6, 3-18-1987; Ord. No. 2219 §1, 6-19-2001]
Contributions are to be effective July 1, 2001.