City of Mukilteo, WA Chapter 2.72 PENSION AND RETIREMENT SYSTEM

§ 2.72.010 Participation by city.

The city has elected to participate as a member of the Statewide City Employees' Retirement System for pension, relief, disability, and retirement for the employees of the city as provided by RCW Chapter 41.44; and all uniformed and miscellaneous employees of the city shall be included in the system.

(Ord. 75 § 1, 1958)

§ 2.72.020 Employees included.

The number of employees who shall be included as members of the pension system is approximately two.

(Ord. 75 § 2, 1958)

§ 2.72.030 Copy to be sent.

A certified copy of the ordinance codified in this chapter shall be transmitted to the board of trustees of the statewide system as evidence of an election of the city to join such pension system.

(Ord. 75 § 3, 1958)

§ 2.72.040 Basis for service credit.

The basis for prior service credit shall be 1.33 percent of final compensation known as "full prior service credit."

(Ord. 75 § 4, 1958)

§ 2.72.050 Basis for coverage.

The basis for social security coverage will be coordination.

(Ord. 75 § 5, 1958)

§ 2.72.060 Basis for contribution.

The basis for contributions shall be so much of the compensation of a member as does not exceed four hundred dollars per month.

(Ord. 75 § 6, 1958)