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HomeMy WebLinkAbout02002ORDINANCE NO. ' '/. j-4) AN ORDINANCE RELATING TO A PENSION, RELIEF, DISABILITY, AND RETIREMENT SYSTEM; MAKING AN ELECTION TO JOIN THE STATEWIDE CITY EMPLOYEES RETIREMENT SYSTEM PURSUANT TO CHAPTER 41.44 RCW; ELECTING A CHOICE OF 'PRIOR SERVICE CREDIT', SOCIAL SECURITY COORDINATI014 OR SUPPLEMENTATION, AND PROVIDING FOR PROPER NOTIFICATION OF THE BOARD OF TRUSTEES OF THE STATEWIDE SYSTEM OF SUCH ELECTION. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND Section 1. That the City of Port Townsend 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 City as provided by Chapter 41.44 RCW: that all employees and officials of said city shall be included in said System except members of the Fire Department 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 City Clerk. Section 2. That the number of employees and officials, other than elective officials who shall be included as members of said Pension System is approximately Section 3. That a certified copy of this ordinance shall be transmitted to the Board of Trustees of said Statewide System as evidence of an election of the City to join such Pension System. Section 4. That the basis for prior service credit shall be 1.33per cent of final compensation known as ififul1 Prior Service Credit'. Section 5. That the basis for Social Security coverage will be coordination Section 6. That the basis for contribution shall be full. common-nt:ion. Section 7. This ordinance shall take effect upon its passage and publication in the manner provided by law. Passed by the City Council at a regular meeting this 19th day of November, 1963. ATTEST: CLERK C!�r ,"It COPnoy MAYOR