§ 78-124. Remittance and reports of supplemental benefits fund to board of trustees.

The assistant city manager is directed to remit monthly to the board of trustees of the Texas Municipal Retirement System, at its office in Austin, Texas, as the city's contributions to the supplemental benefits fund of the Texas Municipal Retirement System, such percentage of earnings of the employees of the city as may be fixed by the board of trustees of the Texas Municipal Retirement System, provided that the rate of contribution to the fund shall not exceed one-half of one percent of the earnings of the employees of the city who are covered under the fund. The assistant city manager shall make for the city such reports as the board of trustees of the Texas Municipal Retirement System may prescribe.

(Code 1968, § 22-75)