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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

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