Ord 49-2025 TMRS Vesting September 2025 09/16/2025 Ordinance No. 49-2025
Ordinance adopting the TMRS vesting change from a ten-year vesting
period to a 5-year vesting period for the City of Wichita Falls
WHEREAS, the City of Wichita Falls, Texas (the "City"), has elected to participate in the
Texas Municipal Retirement System (the "System" or "TMRS") pursuant to Subtitle G of Title 8,
Texas Government Code, as amended (which subtitle is referred to as the "TMRS Act"); and,
WHEREAS, each person who is or becomes an employee of the City on or after the
effective date of the City's participation in the System in a position that normally requires services
of 1,000 hours or more per year ("Employee") shall be a member of the System ("Member") as a
condition of their employment; and,
WHEREAS, by Ordinance approved prior to December 31, 2001, and filed with TMRS,
the City elected not to provide five-year vesting under the TMRS Act; and,
WHEREAS, TMRS Act §854.205 allows the City to revoke its prior election not to provide
five-year vesting; and,
WHEREAS, the City Council finds that it is in the public interest to provide five-year vesting
for the City's Employees who are Members of the System.
NOW, THEREFORE, BE IT ORDAINED/RESOLVED BY THE CITY COUNCIL OF
THE CITY OF WICHITA FALLS, TEXAS, THAT:
(a) The City Council elects to revoke the prior election to not provide five-year vesting
under TMRS Act §854.205 for its Employees who are Members of the System. After the effective
date of this ordinance, a City Employee who is a Member of the System may terminate
employment with the City and remain eligible to retire and receive a service retirement annuity
from the System at any time after the Employee attains an applicable age under the TMRS Act if
the Employee has at least five years of credited service with one or more cities that provide five-
year vesting under TMRS Act §854.205.
(b) This Ordinance shall become effective on the first day of October, 2025.
PASSED AND APPROVED this the 16th day of September, 2025.
MAYOR
ATTEST:
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City Clerk