CONSIDER ON FIRST READING ORDINANCE NO. 2024-15; AN ORDINANCE REGARDING THE CITY OF BOERNE’S TEXAS MUNICIPAL RETIREMENT SYSTEM BENEFITS: (1) ADOPTING NON-RETROACTIVE REPEATING COLAS, FOR RETIREES AND THEIR BENEFICIARIES UNDER TEXAS MUNICIPAL RETIREMENT SYSTEM ACT §853.404(f) and (f-1), AND (2) AUTHORIZING ANNUALLY ACCRUING UPDATED SERVICE CREDITS AND TRANSFER UPDATED SERVICE CREDITS; PROVIDING A CUMULATIVE CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Committee

City Council

Requested by

Administration

Introduced

July 26, 2024

On agenda

August 13, 2024

Where it was heard

City Council Aug 13, 2024 approved Pass