92-06 O - T.M.R.S Increase Rate of Deposits `QV,PEN { 0(0
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TMRS-D
TEXAS MUNICIPAL RETIREMENT SYSTEM
AN ORDINANCE TO INCREASE THE RATE OF DEPOSITS
TO THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY
THE EMPLOYEES OF THE CITY OF PROSPER.
BE IT ORDAINED BY THE CITY COUNCIL OF PROSPER, TEXAS:
Section 1. That all employees of the City of Prosper, who are members of
the Texas Municipal Retirement System, shall make deposits to the System at the
rate of 7% of their individual earnings.
Section 2. This ordinance shall become effective on the 1st day of
FEBRUARY , 19 9 2 .
Passed and approved this the 14th day of JANUARY
19 92
ATTEST: APPROVED:
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