TCDRS-G
County NO. 16961 COMMISSIONERS' COURT ORDER SELECTING INCREASES IN BENEFITS THERETOFORE GRANTED,
~-- (Revised CREDITS FOR FUTURE RETIREMENTS OR ADDITIONAL COVERAGES ALLOWABLE UNDER SECTION
06/85)
54.201 SUBTITLE F OF TITLE 110B
THE STATE OF TEXAS X
COUNTY OF KERR X
On this the 8th day of December, 1986, the Commissioners'Court of Kerr County, Texas,
was convened in Regular session at a December Term of said Court, with the following members
present, to wit:
(ABSENT),	County Judge		
FRED HOLLAND ,	Commissioner,	Precinct	#1
EDWARD D. HIGGINS ,	Commissioner,	Precinct	#2
VICTOR LICH ,	Commissioner,	Precinct	#3
BILLY JOE GUTHRIE, JR.	Commissioner,	Precinct	#4
PATRICIA DYE ,	County Clerk;		
and at such session, among other Proceedings, the following order was passed:
WHEREAS, by virtue of an order of the Commissioners Court of Kerr County, Texas,
adopted on the 1st day of October, 1970, said County became a participating subdivision in
the Texas County and District Retirement System (hereinafter called "TCDRS"); and
WHEREAS, the Actuary for TCDRS has determined and certified that the increases in
benefits, credits and additional coverages hereinbelow selected, can be amoritized by the
County within the time and under the terms prescribed by Subtitle F of Title 110B, of the
Revised Civil Statutes of Texas, 1925, as amended (hereinafter called the "TCDRS ACT");
it is accordingly, ORDERED BY THE COMMISSIONERS COURT OF KERR County, Texas:
"1. Effective January 1, 1987:
"(a) Allocated (special) prior service credits heretofore allowed by this county
and now in effect shall be increased from the present 120 of the maximum (special) prior
service credit of each member affected to 145 of said amount.
"(b) TCDRS members having current service credit with this county shall be allowed
"multiple matching credit" calculated at a percentage rate which, when added to the rate
employed in determining the'burrent service credit" allowable to the member under Sec. 53.403
of the TCDRS Act, will total 1900 of the accumulated contributions of the member.
"(c) Monthly payments as to annuities in effect December 31, 1986 and which arose
out of prior service credits allowed by this county shall be increased as to payments for
January, 1987 and each month thereafter by 20.830 of the monthly benefit paid to the annui-
tant for the month of December 1986 (excluding any amounts paid as distributive benefits).
"(d) Monthly payments as to annuities in effect December 31, 1986 and which arose
out of current service credits and multiple matching credits allowed by this county shall
be increased as to payments for January 1987 and each month thereafter by 20.83$ of the
monthly benefit paid to the annuitant for the month of December 1986 (excluding any amounts
paid as distributive benefits).
"2. Effective January 1, 1987:
(a) Any person who on or after January 1, 1987 is a TCDRS member who shall have
accumulated ten (10) or more years of credited service with this County and other subdivi-
..-
sions that have adopted ten (10) year service retirement eligibility under Section 54.207
of the TCDRS Act and has attained the age of sixty (60) shall have the right to retire and
- --- receive a service retirement annuity.
(b) Any person who on or after January 1, 1987 is a TCDRS member who shall
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have accumulated sufficient years of credited service with this County and other subdivisions,
which have adopted the provisions of Section 54.207 of the TCDRS Act such that, when the
years of such credited service is added to the member's years of attained age produces a sum
equal to or in excess of eighty (80), shall have the right to retire and receive a service
retirement annuity.
(c) Any person who on or after January 1, 1987 is a TCDRS member who shall have
accumulated ten (10) or more years of credited service with this County and other subdivisions
which have adopted the provisions of Section 54.207 of the TCDRS Act, and who is not eligible
for service retirement, may retire and receive a disability retirement annuity if the member
is certified as disabled in accordance with Section 54.303 (b) (2) of the TCDRS Act.
(d) Any person who on or after January 1, 1987 is a TCDRS member who shall have
accumulated twenty (20) or more years of credited service with this county and other sub-
divisions that have adopted twenty (20) year deferred service eligibility or who shall have
accumulated ten (10) or more years of credited service with this county and other sub- '-'
divisions that have adopted ten (10) year deferred service eligibility and has attained the
age of sixty (60) shall have the right of "deferred service retirement" under the terms and ,
f
conditions prescribed in Sections 54.203 and 54.207 of the TCDRS Act.
(e) Any person who on or after January 1, 1987 is a TCDRS member and who shall
have accumulated at least ten (10) years of credited service with this and other participat-
ing subdivisions which have adopted ten (10) year vesting, shall have the right, despite
withdrawal from service prior to attainment of age sixty (60), to remain a member and to
retire at or after age sixty (60), conditioned that he lives to date of retirement and that
he shall not have withdrawn his accumulated deposits with the System.
"3. Prior service credit (not exceeding 36 months total) shall be, and is hereby allow
ed (effective January 1, 1987) for active service in the armed forces of the United States
performed by a TCDRS member of this county under the following conditions, viz.:
"(a) Such service was performed prior to date of the county's participation in
+-
Texas County and District Retirement System.
"(b) Such service was performed during a time that the United States was involved,
in organized conflict with foreign forces, whether in a formal state of war or police actionp
"(c) Such person was an employee of this county immediately prior to the beginning
i
of such service in the armed forces, entered such military service without intervening
employment, and returned to employment of this county within one hundred eighty (180) days
following his discharge or release from active duty with the armed forces; and
"(d) Such person has not heretofore been allowed credit for any part of such '
military service.
"4. Any person who on or after January 1, 1987 is a TCDR5 member of this county and
who was a member of the military service of the United States during the period from April
6, 1917 to November 11, 1919, or from October 16, 1940 to October 31, 1974, and who otherwise
cTUalifies under the requirements of Section 53.601 of the TCDRS Act, shall be granted current,
service credit and multiple matching credit for each month of such military service (not "~
exceeding the limits prescribed in said Act) for which such member makes application and
makes deposits in the manner prescribed by said Act.
The above order being read, it was moved and seconded that the same do pass and be
<;,,
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adopted. Thereupon, the question being called for, the following members voted Aye:
li Commissioner Holland, Commissioner Higgins, Commissioner Lich and Commissioner Guthrie; and' it
the following voted No: None
Witness our hands officially this 8th day of December, 1986.
Motion made by Commissioner Holland, seconded by Commissioner Guthrie, and unanimously
approved by the Court.
County Judge
/s/ Fred Holland
Commissioner, Precinct #1
/s/ Edward D. Higgins
Commissioner, Precinct #2
' /s/ Victor Lich
Commissioner, Precinct #3
/s/ Billy Joe Guthrie, Jr.
Commissioner, Precinct #4
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ATTEST:
PATRICIA DYE
County Clerk and Ex-Officio Clerk of the
Commissioners' Court of Kerr County, Texas
Revised 9/86
By /s/ Dorothy L. Pfeiffer Deputy
/t/ Dorothy L. Pfeiffer
' (Seal)
ACKNOWLEDGEMENT OF ACTUARIAL ASSUMPTIONS
REGARDING TCDRS BENEFIT INCREASES
1. We hereby acknowledge that we have been advised that the retirement benefit increases;;,
which we are adopting effective January 1, 1987, will increase the unfunded liability of our
' ,i
~ TCDRS retirement program but not above an amount that can be funded within the next 30 years.
Two fundamental assumptions underlying the determination of the benefit increases are these: I
a) The method of funding the retirement benefits which will accrue to our employees l,'
as a result of adoption of the benefit increases assumes the continued existence of KERR
anme of
COUNTY indefinitely into the future.
~u division) '
b) The method of funding the retirement benefits assumes that all eligible employees
" will participate in TCDRS, as required by the TCDRS Act, and that the number of employees
participating in TCDRS either will staff: at the current level or will increase.
2. We hereby acknowledge that we have been advised that the termination of KERB COUNTY ~
(Name of Subdivision)
or a reduction in the number of employees participating in TCDRS may reduce the retirement
benefits that can be paid to our employees.
Witness our hands officially on this 8th day of December, 1986.
/s/ Fred Holland Commissioner, Precinct 1
/t/ Fred Holland
/s/ Edward D. Higgins Commissioner, Precinct 2
/t/ Edward D. Higgins
~ /s/ Victor Lich Commissioner, Precinct 3
/t/ Victor Lich
/s/ Billy Joe Guthrie, Jr. Commissioner, Precinct 4
/t/ Billy Joe Guthrie, Jr.
' ATTEST: Patricia Dye
Patricia D e
~~e~'~ ~f~t~i ~o n~t CCourt and
____~ f c'o ~1 r~C ~ t e Commissioners'
u o err oun y, exas