HomeMy WebLinkAbout2412 AN ORDINANCE relating to the retirement and pension
system of the City of Bremerton, amending Ordinance
No. 1572, as amended by paragraph (3), Section 1,
of Ordinance No. 1635; and declaring an emergency.
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That Ordinance No. 1572, as amended by para-
graph (3), Section 1, of Ordinance No. 1635, be and the same are
hereby amended to read as follows:
(3) Any person or employee with five (5) years
of continuous service or five (5) years prior city
service, and acting in capacities in which they would
not otherwise be entitled to participation in the system
and who elect in writing, addressed to the Board of
! Administration, shall become members as of the date
· of such election, with the privilege of paying into
the retirement fund on account of city service after
~ January 1,' 1945. Credit for "prior service" and for
city service after January 1, 1945, shall be in pro-
portion to the amount deposited as set forth in
i Section 6 of this ordinance. The rate of contribu-
i tion for such members shall be that for the age of
entry into "City Service," plus six months, if such
entry was subsequent to January 1, 1945, otherwise
as of age on January 1, 1945. No eligible under
this paragraph shall become a member prior to July 1,
1945. Any such member may exercise the options in
Section 18 of Ordinance No. 1572, as amended, in the
manner prescribed by the Regulations of the Board of
Admin is tra t i on.
Section 2. That an emergency exists affecting the public
.~aith, and safety of the City of Bremerton and this ordinance
effect immediately upon passage and publication.
APPROVED on first reading this day of October, 1960.
PASSF. D AND APPROVED by the City Council of the City of
Bremerton, signed by the Mayor and attested by the City Clerk in
authentication of such passage this ~' .~day of October, 1960
H. O. DOMSTAD, Mayor
ATTEST:
E. H. T,' McG~1~AN', 'City Clerk-