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HomeMy WebLinkAbout2826 AN ORDINANCE repealing Ordinance No. 1572 (as , .~/~X~ amended) as it applies to future employees or present employees who have signed a written agreement or petition requesting that said employee be accepted under the State Retire- ment Plan; providing further that the City of Bremerton does adopt the Washington Public Em- ployees Pension Plan provided for in RCW 41.40 and declaring an EMERGENCY. THE CITY OF BREMERTON DOES ORDAIN: Section 1. That Ordinance No. 1572 (as amended) is hereby re- pealed as it applies, or could apply, to all future employees of the City of Bremerton or present employees of said city who sign (have signed) a written agreement or petition requesting that they be removed from the Bremerton City Pension Plan provided for in Ordinance No. 1572, and placed under the Washington Public Employees Retirement System. This shall not impair the rights of present members of the Bremerton Employees Retirement System who elect not to transfer to the state plan or those for- mer employees of the City of Bremerton who retired under the Bremerton Em- ployees Retirement System provided for in Ordinance No. 1572. Section 2. That the Washington Public Employees Retirement Sys- tem as provided for in RCW 41.40 is hereby adopted by the City of Bremerton and is intended to replace the retirement plan provided for in Ordinance No. 1572. This adoption shall apply to all future employees of the City of Bremerton and to all present employees who sign (have signed) a written agreement or petition requesting that they be removed from Bremerton City Pension Plan provided for in Ordinance No. 1572, and placed under the Wash- ington Public Employees Retirement System. Section 3. That an emergency exists and is declared to exist affecting the public peace, health and safety of the citizens of the City of Bremerton, and this Ordinance shall take effect on January 1, 1969. PASSED b~NIMOUSLY by the City Council of the City of Bremerton, signed by the Mayor and attested by the City Clerk in authentication O~e~aol passage this ~ day of ~_)~C~'M~E~ , 1968. ~'. H. T. McGO[¥AN,/CITY CLERK