1984 Ordinances - Laserfiche WebLink

Home Browse Search

AN ORDINANCE TO AMEND THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA, 1973, BY AMENDING SECTION 31-1, 31-2, 31-3, 31-13, 31-14, AND 31-22 OF ARTICLE t OF CHAPTER 31 THEREOF, PERTAINING TO THE PORTS~]OUTH EMPLOYEE SUPPLEMENTAL RETIREMENT SYSTEM; AND BY ADDING ARTICLE tV TO CHAPTER 31 THEREOF CONSISTING OF SECTIONS 31-201 THROUGH 31-290 PERTAINING TO THE PORTSMOUTH SUPPLE~ENTAL RETIREMENT SYSTEM. BE IT OPJDAINED by the Council of the City of Portsmouth, Virginia: 1. That Sections 31-1, 31-2, 31-3, 31-13, 31-14 and 31-22 of Article I of Chapter 31 of the Code of the City of Portsmouth, Virginia, 1973, be amended to read as follows: ARTICLE I. Portsmouth Employees Supplemental Retirement System. Section 31-1. Definitions. That the hereinafter stated definitions in S3!-1 be amended to read as follows: BOARD. The word "Board" shall be taken to mean the Board of Trustees of the Portsmouth Employees Supplemental Retirement System, as provided for in ~31-13 and 31-23. EMPLOYEE. The word "employee" shall be taken to mean any ~erson regularly employed in the service of the City on a full time permanent basis and whose compensation is wholly paid by the City, and persons holding offices in the City required by the Constitution of this State and their depnties, assistants, and employees employed on a full time permanent basis and whose compensation is paid partly by the City and partly by ~he State; but shall not include any person who is eligible for membership in the Virgmnza Supplemental Retirement System, the Portsmouth Fire and Police Retirement System, or who has selected membership in the Portsmouth Supplemental Retirement System, or who enters into an agreement with the City for inclusion in a deferred com- pensation retirement plan which agre. ement specifically prohibits inclusion in any other retirement systems established by the City. An employee shall also be takem to mean any person em- ployed under a grant program who has been regularly employed zn the service of the City on a full time basis for a period such that he will have become vested under the conditions as stated in ~3t-62, and whereby such grant program has participated in making the necessary contributions to the system for the full period of the employee's service to be credited. In the case of doubt, the Board shall decide who is an employee within the mean- ing of this Article.