[Code 2005 § 82-71; Ord. No. 02-23-09-01, § 1, 2-23-2009; Ord. No. 06-15-15-04, 6-15-2015]
The Employee Retirement System, Defined Benefit Plan and Defined Contribution Plan for the position of City Manager of the City of Cushing and Cushing Municipal Authority, Oklahoma, is hereby amended as shown on the attached Exhibits "A" and "B", which is incorporated herein by reference.[1]
[1]
Editor's Note: Exhibits A and B are on file in the City offices.
[Code 2005 § 82-72]
The City Clerk and chairman of the Board of Commissioners be and they are hereby authorized and directed to execute the amended retirement system plan documents and to do all the other acts necessary to put such amendment into effect and to maintain IRS qualification of the plan. The executed amended document attached hereto as Exhibit "A" is hereby ratified and confirmed in all respects.
[Code 2005 § 82-73]
If, regardless of cause, any section, subsection, paragraph, sentence, or clause of this division, including the system as set forth in Exhibit "A," is held invalid or to be unconstitutional, the remaining sections, subsections, paragraphs, sentences, or clauses shall continue in full force and effect and shall be construed thereafter as being the entire provisions of this division.[1]
[1]
Editor's Note: Exhibit A is on file in the City offices.