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HomeMy WebLinkAboutOrdinances - No. 635ORDINANCE NO. 635 AN ORDINANCE AMENDING SECTION 9.2 OF SECTION 2 OF ORDINANCE NO. 579 ENTITLED "AN ORDINANCE AMENDING SECTIONS 8, 9, 12, 13, 14, 15 AND 20 AND REPEALING SECTION 21 OF ORDINANCE NO. 416 ENTITLED 'AN ORDINANCE CREATING A RETIREMENT SYSTEM FOR CITY EMPLOYEES, ESTABLISHING A PEWSION FUND THEREFOR AND CREATING A PENSION BOARD ' " The City Council of the City of Lodi does ordain as follows: Section 3. Section 9.2 of Section 2 of Ordinance No. 579 is hereby amended to read in full as follows: Section 9.2 Rates of Contribution - Police and F& Rates of contribution for employees of the Police and Fire Depart- ments not eligible for coverage in the Federal Old Age and Sur- vivor's Insurance program shall be as prescribed in Seotion 9.1 hereof, plus two and one-half per cent (2Mo) of the first forty- eight hundred dollars ($4800.00) of gross annual salary, exclusive of overtime. The matching requirements set forth in Section 10 hereof shall be met with respect to the total contributions made by such Police and Fire members. Section 2. This ordinance shall be published one time after its passage in the IILodi News-Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi, and shall be in force and take effect from and after February 1, 1959 Approved this 25th day of February, 1959. i BALDI, City Clerk of the City of Lodi and J' : of the City Council of said City, do hereby >A,, ~~~~~~ foregoing Ordinance No. 635 was introduced in - 1- regular meeting of said City Council held February 4, 1959, and was thereafter passed, adopted and ordered to print at a regularly adjourned meeting of the City Council held February 25, 1959, by the following vote: AYES : Councilmen - Brown, Culbertson, Mitchell, Robinson and Katzakian NOES : Councilmen - None ABSENT: Councilmen - None I further certify that Ordinance No. 635 was appro signed by the Mayor on the date of its passage and ha pursuant to law. Dated: March 4, 1959 - 2-