Chapter 2.75
RETIREMENT SYSTEM
Sections:
2.75.010 Election to participate.
2.75.030 Participation evidence.
2.75.040 Prior service credit.
2.75.010 Election to participate.
The town of Twisp has elected and does hereby elect to participate as a member of statewide city employees retirement system for pension, relief, disability, and retirement for the employees of the town as provided by Chapter 41.44 RCW; all employees and officials of said town shall be included in said system except members of the police and fire departments; provided, that no elective official shall be included unless said official so elects and files a written notice of such election with the board of trustees of said pension system and with the town clerk. (Ord. 169 § 1, 1970)
2.75.020 Number of members.
The number of employees and officials, other than elective officials, who shall be included as members of said pension system is approximately two. (Ord. 169 § 2, 1970)
2.75.030 Participation evidence.
A certified copy of the ordinance codified in this chapter shall be transmitted to the board of trustees of said statewide system as evidence of an election of the town to join such pension system. (Ord. 169 § 3, 1970)
2.75.040 Prior service credit.
The basis for prior service credit shall be 1.33 percent of final compensation known as full prior service credit. (Ord. 169 § 4, 1970)
2.75.050 Coordination.
The basis for Social Security coverage will be coordination. (Ord. 169 § 5, 1970)