HomeMy WebLinkAboutORDINANCE NO 14 06 203STATE OF GEORGIA ORDINANCE NO. 14-06-203
COUNTY OF FULTON
An Ordinance to amend and restate the Retirement Plan for the Employees of the City of Milton,
Georgia in accordance with and subject to the terms and conditions set forth in the attached
Adoption Agreement, any Addendum to the Adoption Agreement, the Georgia Municipal
Employees Benefit System (GMEBS) Master Plan Document, and the GMEBS Trust
Agreement. When accepted by the authorized officers of the City of Milton and GMEBS, the
foregoing shall constitute a Contract between the City of Milton and GMEBS, all as authorized
and provided by O.C.G.A. § 47-5-1 et seq.
BE IT ORDAINED by the Mayor and Council of the City of Milton, Georgia while in a Regular
called Council meeting on the 16th of June, 2014 at 6:00 p.m. as follows:
Section 1. The Retirement Plan for the Employees of the City of Milton, Georgia is
hereby amended as set forth in and subject to the terms and conditions stated in the following
Adoption Agreement, any Addendum to the Adoption Agreement, the Georgia Municipal
Employees Benefit System (GMEBS) Master Plan Document, and the GMEBS Trust
Agreement;
Section 2. Except as otherwise specifically required by law or by the terms of the Master
Plan or Adoption Agreement (or any Addendum), the rights and obligations under the Plan with
respect to persons whose employment with the City of Milton was terminated or who vacated his
office with the City of Milton for any reason whatsoever prior to the effective date of this
Ordinance are fixed and shall be governed by such Plan, if any, as it existed and was in effect at
the time of such termination;
Section 3. The effective date of this Ordinance shall be July 1.2014; and
Section 4. All Ordinances and parts of ordinances in conflict herewith are expressly
repealed.
ORDAINED the 16`x' day of June 2014.
Attest:
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Sudie AM GordonjCity Clerk
Approved:
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Joe Lockwoo , Mayor