Section 2-195 City matching appropriation.

Prior to the adoption of TQM Code Update - Ch.2 on 10/11/2004, 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 council action:

    Period beginning    City appropriation

     January 1, 1995    3.75 percent of covered payroll

     January 1, 1997    4.50 percent of covered payroll

     January 1, 1999    3.0   percent of covered payroll

     January 24, 2000    4.25 percent of covered payroll

     January 8, 2001                        4.50 percent of covered payroll

     January 7, 2002                        6.0   percent of covered payroll

     September 1, 2003                    7.5   percent of covered payroll

     Notwithstanding anything contained herein to the contrary, the city through  its city council shall  not appropriate from the funds of the city any amount for any member employees of the adopting  employer named in section 2-186 of this article V unless the county of Thomas shall not otherwise  appropriate such funds. The purpose of this provision is to avoid duplication of pension benefits  for said employees by the city and the county of Thomas, Georgia.

 (Ord. of 12-23-96(1),   I; Ord. of 10-12-98,  VIII; Ord. of 2-8-99; Ord. of 1-25-00; Ord.  of 12-10-2001; Ord of 7-14-2003)