HomeMy WebLinkAboutORDINANCE NO. 12-03-130STATE OF GEORGIA
COUNTY OF FULTON ORDINANCE NO. 12-03-130
AN ORDINANCE ACCEPTING THE RESTATED GEORGIA MUNICIPAL
EMPLOYEE BENEFIT SYSTEM OFFICIAL PLAN DOCUMENT FOR RETIREMENT
PROGRAM
An Ordinance to 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 and GMEBS, the foregoing shall constitute a
Contract between the City 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 19th day of March, 2012 at 6:00 p.m. as follows:
SECTION 1. The Retirement Plan for the Employees of the City of Milton, Georgia is
hereby restated 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 or term of office with the City was terminated
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 the date of its approval by the
Governing Authority; and;
SECTION 4. All Ordinances and parts of ordinances in conflict herewith are expressly
repealed.
ORDAINED the 19th day of March, 2012.
Attest:
Sudie AM Gordon, City rlerk
r
Joe Lockwoo yor
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