§ 54-27. Membership.

(a)

Conditions of eligibility. All general employees as of the effective date, and all future new general employees, shall become members of this system as a condition of employment.

(b)

Opt out option. The city has determined that it will provide a defined contribution plan for the following designated positions:

(1)

Business analyst.

(2)

Assistant city engineer.

(3)

Controller.

(4)

Assistant director of operations.

(5)

Capital improvements project administrator.

(6)

Accountant.

(7)

IT specialist.

(8)

IT Services director.

(9)

Finance director.

Those members who previously opted-out of the system prior to January 28, 2010 whose position is no longer on the eligible position list above, shall remain opted-out.

A new employee who is hired in a designated position may, upon employment, notify the board and the city, in writing, of their election not to be a member of the system. In the event of such election, they shall be barred from participation in the system. Thereafter, contributions to the plan in accordance with section 54-30 shall not be required, he shall not be eligible to be elected as a member trustee on the board or vote for a member trustee, and he shall not be eligible for any other benefits from the plan. Current employees of the city who are promoted to a designated position are not eligible for the opt-out provided for herein.

(c)

Designation of beneficiary. Each general employee shall complete a form prescribed by the board designating a beneficiary or beneficiaries.

(Ord. No. 11-33, § 1, 10-27-11; Ord. No. 17-01, § 2, 4-13-17)