Chapter 2.36
RETIREMENT SYSTEM

Sections:

2.36.010    Inclusion of employees.

2.36.020    Number of employees.

2.36.030    Transmittal of ordinance.

2.36.040    Prior-service credit.

2.36.050    Social security coverage.

2.36.060    Contribution basis.

2.36.010 Inclusion of employees.

The city has elected and does elect to participate as a member of the Statewide City Employees Retirement System for pension, relief, disability and retirement for the employees and officials of the city shall be included in the system; provided, that no elective official shall be included unless the official so elects and files a written notice of such election with the Board of Trustees of the pension system and the city clerk-treasurer. (Ord. 367 § 1, 1967)

2.36.020 Number of employees.

The number of employees and officials, other than elective officials, who shall be included as members of the pension system is approximately 13. (Ord. 367 § 2, 1967)

2.36.030 Transmittal of ordinance.

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. 367 § 3, 1967)

2.36.040 Prior-service credit.

The basis for prior-service credit shall be .667 percent of final compensation known as one-half prior-service credit. (Ord. 367 § 4, 1967)

2.36.050 Social security coverage.

The basis for social security coverage will be coordination. (Ord. 367 § 5, 1967)

2.36.060 Contribution basis.

The basis for contribution shall be full compensation. (Ord. 367 § 6, 1967)