870173 TMRS CAFR new8 fix 049-081.qxd - Texas Municipal ...
870173 TMRS CAFR new8 fix 049-081.qxd - Texas Municipal ...
870173 TMRS CAFR new8 fix 049-081.qxd - Texas Municipal ...
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PLAN PROVISIONS FOR PARTICIPATING MUNICIPALITIES<br />
CONTINUED<br />
Participating<br />
<strong>Municipal</strong>ity<br />
Employee<br />
Deposit<br />
Rate<br />
<strong>Municipal</strong><br />
Current<br />
Matching<br />
Ratio<br />
Updated Service<br />
Credit<br />
Rate<br />
(%)<br />
Year<br />
Effective<br />
Increased Benefits<br />
to Retirees<br />
Rate<br />
(%)<br />
3<br />
Year<br />
Effective<br />
Military<br />
Service<br />
Credit<br />
Buy-Back<br />
Effective<br />
Date<br />
Whitewright .05 1 1/2-1 100 T 1992R<br />
Whitney .05 1-1 100 T 2002R 70 2002R<br />
Wichita Falls .05 1 2-1 50 T 1997R 70 1997R<br />
Willis .06 1 1/2-1 100 T 1995R 70 1995R<br />
Wills Point .05 1 1/2-1 100 T 2002R 70 2002R<br />
Wilmer .05 2-1 100 1991 70 1991<br />
Windcrest .06 1 1/2-1 100 T 2004R 70 2004R<br />
Wink .05 1 1/2-1 100 1991 70 1991<br />
Winnsboro .05 2-1 100 T 2002R 70 2002R 1-89 6-08-04<br />
Winona .07 1 1/2-1 100 1994R 70 1988<br />
Winters .05 2-1 100 T 2001R 70 2001R<br />
Wolfforth .05 1 1/2-1 100 T 2004R 70 2004R 1-00<br />
Woodcreek .05 1-1<br />
Woodsboro .05 1-1 100 1992R 70 1992R<br />
Woodville .07 2-1 100 T 2000R 70 2000R<br />
Woodway .07 2-1 100 T 1992R 70 1992R 1-91<br />
Wortham .06 2-1 100 T 2004R<br />
Wylie .07 2-1 100 T 1995R 70 1995R 2-89 12-12-00<br />
Yoakum .06 2-1 100 1992R 70 1992R 5-82<br />
Yorktown .05 1-1 100 1988 70 1988<br />
Zavalla .07 1-1 100 T 2001R<br />
1 Police Department - .07<br />
2 Also includes 25 yrs/age 50 retirement eligibility<br />
3 For years prior to 1982, the rate is the actual percentage in annuities. For 1982 and later, the rate is the percentage<br />
of the change in the CPI-U since retirement date granted to each annuitant as an increase of the original annuity.<br />
T - Includes Transfer Credits<br />
R - Annually Repeating<br />
* Also includes Vested Employee Survivor benefits and Occupational Disability benefits (Senate Bill 505).<br />
188<br />
T M R S COMPREHENSIVE ANNUAL FINANCIAL REPORT 2004