[Code 1974 §105.010(A, B); CC 1984 §2-506; Ord. No. 14-2 §1, 5-18-2010]
The City is a "political subdivision" as defined in Sections 70.600 through 70.755, RSMo., and hereby elects to have covered by the Missouri Local Government Employees Retirement System all its eligible employees in the following classes, as defined in the act:
[Ord. No. 1-56-A, 10-5-1995; Ord. No. 14-2 §1, 5-18-2010]
Changes under retirement system are as follows:
To adopt a change in the contributions from covered employees, changing to the requirement of no contributions from covered employees in accordance with the provisions of Sections 70.705 and 70.730, RSMo.
To adopt a change in the method of determining a member employee's final average salary, changing to a thirty-six (36) consecutive-month period for determining a member employee's final average salary in accordance with Sections 70.600 and 70.656, RSMo.
To adopt a change in the Benefit Program of member employees, changing to Benefit Program LT-8(65).
To adopt no change in the Benefit Program of member employees, keeping member employees option of retirement under the "80 and out" option.
[Code 1974 §105.080; CC 1984 §2-509; Ord. No. 14-2 §1, 5-18-2010]
The several officers and employees of the City shall receive as compensation for their respective services a sum as designated by the City Council.
Salaries shall be in full compensation for the services of each officer and employee, except those officers and employees entitled to receive, as additional compensation, such benefits as are allowed by the City Council.
[Code 1974 §105.090; CC 1984 §2-510]
All judgments or indebtedness incurred against public officials or employees of this City as a result of their official duties, not covered by the City's public officials and employees liability insurance, other than a judgment for punitive damages, shall be paid by the City so that the public officials and employees shall be held harmless from any judgments other than aforesaid.