870173 TMRS CAFR new8 fix 049-081.qxd - Texas Municipal ...

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PLAN PROVISIONS FOR PARTICIPATING MUNICIPALITIES CONTINUED Updated Service Credit Increased Benefits to Retirees Participating Municipality Employee Deposit Rate Municipal Current Matching Ratio Rate (%) Year Effective Rate (%) 3 Year Effective Military Service Credit Buy-Back Effective Date Mineola .05 2-1 100 T 2000R 70 1988 2-99 Mineral Wells .05 2-1 100 1992R 70 1992R 12-90 10-18-88 Mission .05 2-1 100 T 1994R 70 1994R Missouri City .07 2-1 100 T 1998R 70 1998R 3-93 8-06-01 Monahans .05 2-1 100 T 1992R 70 1992R 11-94 Mont Belvieu .05 2-1 100 T 1992R 70 1992R 5-29-79 Montgomery .05 1-1 Moody .05 1-1 Morgan's Point .07 2-1 100 T 1998R 70 1998R Morgan's Point Resort .07 2-1 100 2003R 70 2003R 1-90 Morton .05 2-1 100 T 1999R 70 1999R Moulton .05 1-1 100 T 1993R 70 1993R 12-97 Mount Enterprise .05 1-1 Mt. Pleasant .07 2-1 100 T 2005R 70 2005R Mt. Vernon .07 2-1 100 1992R 70 1992R 1-13-98 Muenster .05 2-1 100 1981 20 1981 Muleshoe .07 2-1 100 T 1992R 70 1992R 2-96 10-18-83 Murphy .07 2-1 100 T 2002R 70 2002R Nacogdoches .07 2-1 100 T 2000R 70 2000R 11-89 3-09-99 Nacogdoches City Mem. Hos. .05 1-1 Naples .05 1-1 Nash .05 2-1 100 1993 70 1993 Nassau Bay .05 2-1 50 2005R 9-02 7-08-02 Navasota .05 2-1 100 1992R 70 1992R 5-08-89 Nederland .07 2-1 100 2000R 30 1984 3-82 12-13-83 Needville .07 1-1 100 T 1996R 70 1989 New Boston .05 1-1 100 T 1993R 70 1993R New Braunfels .07 2-1 100 T 2005R 70 2005R 1-90 1-11-93 New Braunfels Utilities .07 1 1/2-1 100 T 2002R 70 2002R 4-04 New Deal .05 1-1 New London .05 1-1 100 T 1997R 70 1997R New Summerfield .05 1-1 100 1992R New Waverly .05 1 1/2-1 100 2004R Newton .07 2-1 100 T 2001R 70 2001R 12-10-91 Nixon .05 1-1 Nocona .05 1 1/2-1 100 1992R 70 2001R Normangee .05 2-1 North Richland Hills .07 2-1 100 T 1992R 70 1992R 1-90 12-12-88 Northlake .05 2-1 Oak Point .05 1 1/2-1 Oak Ridge North .07 1-1 100 1992R Odem .06 1-1 Odessa .07 2-1 100 T 2000R 70 2000R 10-89 O'Donnell .05 1-1 Oglesby .05 1-1 12-03 Old River-Winfree .05 1-1 Olmos Park .05 1 1/2-1 100 T 2005 70 1998 Olney .05 1-1 Omaha .05 1-1 Onalaska .05 1-1 Orange .07 2-1 100 T 1997R 70 1997R 1-88 Orange Grove .05 1 1/2-1 100 1992R 50 1992R 176 T M R S COMPREHENSIVE ANNUAL FINANCIAL REPORT 2004
PLAN PROVISIONS FOR PARTICIPATING MUNICIPALITIES Supplemental Death Benefits CONTINUED Vesting Requirement Service Retirement Eligibilities Restricted Prior Service Credit Employees Retirees Participating Municipality City Number 5 yrs 5 yrs/age 60, 25 yrs/any age* 10-91 X X Mineola 00868 5 yrs 5 yrs/age 60, 20 yrs/any age* 1-92 X X Mineral Wells 00870 5 yrs 5 yrs/age 60, 20 yrs/any age* 9-98 X X Mission 00874 5 yrs 5 yrs/age 60, 20 yrs/any age* 6-93 X X Missouri City 00875 10 yrs 10 yrs/age 60, 25 yrs/any age* 11-95 X X Monahans 00876 5 yrs 5 yrs/age 60, 25 yrs/any age* 11-95 X X Mont Belvieu 00887 5 yrs 5 yrs/age 60, 25 yrs/any age* Montgomery 00877 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Moody 00878 5 yrs 5 yrs/age 60, 25 yrs/any age* 1-98 Morgan's Point 00883 5 yrs 5 yrs/age 60, 25 yrs/any age* 1-03 X X Morgan's Point Resort 00882 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Morton 00884 5 yrs 5 yrs/age 60, 20 yrs/any age* 11-97 X X Moulton 00886 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Mount Enterprise 00890 5 yrs 5 yrs/age 60, 20 yrs/any age* 1-96 X X Mt. Pleasant 00892 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Mt. Vernon 00894 5 yrs 5 yrs/age 60, 25 yrs/any age* Muenster 00896 5 yrs 5 yrs/age 60, 20 yrs/any age* 2-96 X X Muleshoe 00898 5 yrs 5 yrs/age 60, 20 yrs/any age* 1-05 X X Murphy 00903 5 yrs 5 yrs/age 60, 20 yrs/any age* 1-98 X X Nacogdoches 10904 5 yrs 5 yrs/age 60, 28 yrs/any age Nacogdoches City Mem. Hos. 20904 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Naples 00906 5 yrs 5 yrs/age 60, 25 yrs/any age* 6-96 X X Nash 00907 5 yrs 5 yrs/age 60, 25 yrs/any age* Nassau Bay 00905 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Navasota 00908 10 yrs 10 yrs/age 60, 20 yrs/any age* 1-00 Nederland 00910 5 yrs 5 yrs/age 60, 20 yrs/any age* 2-98 X X Needville 00912 5 yrs 5 yrs/age 60, 25 yrs/any age* X X New Boston 00914 5 yrs 5 yrs/age 60, 20 yrs/any age* 1-92 X X New Braunfels 10916 5 yrs 5 yrs/age 60, 20 yrs/any age* X X New Braunfels Utilities 20916 5 yrs 5 yrs/age 60, 25 yrs/any age* New Deal 00915 5 yrs 5 yrs/age 60, 20 yrs/any age* New London 00918 5 yrs 5 yrs/age 60, 25 yrs/any age* New Summerfield 00919 5 yrs 5 yrs/age 60, 25 yrs/any age* X X New Waverly 00917 5 yrs 5 yrs/age 60, 20 yrs/any age* X X Newton 00920 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Nixon 00922 5 yrs 5 yrs/age 60, 20 yrs/any age* X X Nocona 00924 5 yrs 5 yrs/age 60, 25 yrs/any age* Normangee 00928 5 yrs 5 yrs/age 60, 20 yrs/any age* 2-92 X X North Richland Hills 00931 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Northlake 00930 5 yrs 5 yrs/age 60, 25 yrs/any age* 5-03 X X Oak Point 00936 5 yrs 5 yrs/age 60, 25 yrs/any age* 7-99 X X Oak Ridge North 00937 10 yrs 10 yrs/age 60, 25 yrs/any age* X X Odem 00942 5 yrs 5 yrs/age 60, 20 yrs/any age* 12-93 X X Odessa 00944 5 yrs 5 yrs/age 60, 25 yrs/any age* X X O'Donnell 00935 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Oglesby 00945 5 yrs 5 yrs/age 60, 25 yrs/any age* Old River-Winfree 00949 5 yrs 5 yrs/age 60, 25 yrs/any age* Olmos Park 00950 5 yrs 5 yrs/age 60, 20 yrs/any age* X X Olney 00951 5 yrs 5 yrs/age 60, 20 yrs/any age* X X Omaha 00953 5 yrs 5 yrs/age 60, 25 yrs/any age* 4-04 X X Onalaska 00954 10 yrs 10 yrs/age 60, 20 yrs/any age* 3-96 Orange 00958 5 yrs 5 yrs/age 60, 25 yrs/any age* X X Orange Grove 00960 T M R S COMPREHENSIVE ANNUAL FINANCIAL REPORT 2004 177
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★ Texas Municipal Retirement Syst
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TMRS® TEXAS MUNICIPAL RETIREMENT S
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TABLE OF CONTENTS ACTUARIAL SECTION
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DENISON Population: 22,773 INTRODUC
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LETTER OF TRANSMITTAL T M R S COMPR
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LETTER OF TRANSMITTAL CONTINUED T M
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LETTER OF TRANSMITTAL CONTINUED T M
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TMRS HIGHLIGHTS 2001 2002 2003 2004
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TMRS PROFESSIONAL ADVISORS LEGAL CO
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TMRS STAFF CONTINUED MEMBER SERVICE
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TMRS ADMINISTRATIVE ORGANIZATION T
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SUMMARY OF PLAN PROVISIONS CONTINUE
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SUMMARY OF PLAN PROVISIONS CONTINUE
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GREENVILLE FINANCIAL SECTION Popula
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INDEPENDENT AUDITORS’ REPORT CONT
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MANAGEMENT'S DISCUSSION AND ANALYSI
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STATEMENTS OF PLAN NET ASSETS FIDUC
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STATEMENTS OF NET ASSETS PROPRIETAR
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STATEMENTS OF CASH FLOWS PROPRIETAR
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NOTES TO FINANCIAL STATEMENTS CONTI
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SUPPLEMENTAL SCHEDULES SCHEDULE OF
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SUPPLEMENTAL SCHEDULES CONTINUED SC
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Additions Deductions Transfers to W
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Additions Deductions Transfers to S
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A small city 18 miles east of Waco
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REPORT ON INVESTMENT ACTIVITY CONTI
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SUMMARY OF INVESTMENTS AS OF DECEMB
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2004 INVESTMENT RESULTS CONTINUED T
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LARGEST HOLDINGS (BY FAIR VALUE) AS
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TEXARKANA Population: 34,782 A Pine
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SUMMARY OF ACTUARIAL ASSUMPTIONS I.
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SUMMARY OF ACTUARIAL ASSUMPTIONS CO
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SUMMARY OF ACTUARIAL LIABILITIES AN
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CONTRIBUTION RATE INFORMATION CONTI
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ACTUARIAL VALUATION OF PARTICIPATIN
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Page 127 and 128: ACTUARIAL VALUATION OF PARTICIPATIN
Page 155 and 156: WEIMAR Population: 1,981 STATISTICA
Page 157 and 158: SCHEDULE OF BENEFIT EXPENSES BY TYP
Page 159 and 160: SCHEDULE OF RETIRED MEMBERS BY TYPE
Page 161 and 162: PLAN PROVISIONS FOR PARTICIPATING M
Page 177: PLAN PROVISIONS FOR PARTICIPATING M
Page 191: Vesting Requirement PLAN PROVISIONS
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