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Section 2-195 City matching appropriation.
Prior to the adoption of 2004 (2-195) on 12/13/2004, Section 2-195 read as follows.
The City, through its City Council, does hereby appropriate from the funds of the city not specifically directed by law to be applied to other purposes, to pay into the Pension Fund hereby created, the sum of money set forth in the following funding table which shall continue in effect until changed by City Council action:
Period beginning: City appropriation:
January 1, 1995 3.75 percent of salary
January 1, 1997 4.50 percent of salary
January 1, 1999 3.0 percent of salary
January 24, 2000 4.25 percent of salary
January 8, 2001 4.50 percent of salary
January 7, 2002 6.0 percent of salary
September 1, 2003 7.5 percent of salary
(Ord. of 12-23-96(1), I; Ord. of 10-12-98, VIII; Ord. of 2-8-99)
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