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HomeMy WebLinkAboutORD.2755.07-03-2000BILL NO. 2000-152 ORDINANCE NO. AN ORDINANCE ELECTING A CHANGE IN THE MISSOURI LOCAL GOVERNMENT EMPLOYEES' RETIREMENT SYSTEM TO ADOPT THE LT -8(65) PLAN BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MISSOURI, AS FOLLOWS: ARTICLE 1. The City of Cape Girardeau, Missouri, an employer under the Missouri Local Government Employees' Retirement System, hereby elects to adopt the LT -8(65) benefit program as offered by the Missouri Local Government Employees' Retirement System in order to improve the retirement benefits offered to employees of the City of Cape Girardeau, Missouri. The City of Cape Girardeau, Missouri, further elects to pay all of the cost of such benefit program and will not require employees to make contributions to such benefit program. ARTICLE 2. The election made in Article 1 shall be effective on the first day of August, 2000. ARTICLE 3. The City Clerk is hereby authorized and directed to certify the election made in this ordinance to the Missouri Local Government Employees' Retirement System within ten (10) days after the passage and approval of this ordinance. ARTICLE 4. This ordinance shall be in full force and effect ten days after its passage and approval. PASSED AND APPROVED A. ATTEST- /il 17 Gayle Conrad City Clerk S DAY OF 20 CO / Y1 . Spradl itg , I I I , /�4I yor