2006-292
S:\Our DocuIT\ents\Ordinances\06\fire pension,doc
ORDINANCE NO. 2006-2 q 2.
AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING A ONE PERCENT
INCREASE TO THE RATE OF CONTRIBUTION TO THE DENTON FIRE FIGHTERS
RELIEF AND RETIREMENT FUND BY THE CITY; AND ESTABLISHING AN
EFFECTIVE DATE.
WHEREAS, the City of Denton and the Denton Fire Fighters Association have entered
into a Meet and Confer Agreement, whereby the City agreed to increase its contribution toward
the Denton Fire Fighters Relief and Retirement Fund by at least I % in the current fiscal year
2006-2007, and in subsequent years, but not to exceed the City's actuarial contribution rate to
employees participating in the Texas Municipal Retirement System; and
WHEREAS, the change of the employer contribution requires approval by ordinance
(Tex. Rev. Civ. Stat. Ann. art. 6243, Sec. 29(b)); NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The rate of contribution to the Denton Fire Fighters Relief and Retirement
Fund by the City of Denton is hereby increased to the rate of 11 % of the total compensation paid
to participating employees.
SECTION 2. Subject to approval by the Board of Trustees of the Fund, this ordinance
shall be and become effective on the J ft'day of O~tone.. r , 2006.
PASSED AND APPROVED this the 20 +k day of e5e,o-km ber , 2006.
.
-YVl~
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
"~~ ~!\~h~
APPROVED AS TO LEGAL FORM:
EDWIN M. SNYD ,-Gf.'fY;2Y