Pursuant to V.T.C.A., Government Code § 855.407(g) of the TMRS Act, the city hereby
elects to make future normal and prior service contributions to its account in the
municipal accumulation fund of the system at such combined rate of the total compensation
paid by the city to employees who are members of the system, as the system's actuary
shall annually determine as the rate necessary to fund, within the amortization period
determined as applicable to the city under the TMRS Act, the costs of all benefits
which are or may become chargeable to or are to be paid out of the city's account
in said accumulation fund, regardless of other provisions of the TMRS Act limiting
the combined rate of city contributions.
(Ord. No. 04-1160, § 1, 12-16-2004)
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