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HomeMy WebLinkAboutORD NO 2506ORDINANCE NO. 2506 NEW SERIES AN ORDINANCE OF THE COUNCIL OF THE CITY OF BAKERSFIELD AMENDING CHAPTER 5.38 OF THE MUNICIPAL CODE BY ADDING SECTION 5.38.188 ADJUSTING RETIREMENT PAY FOR CERTAIN RETIRED PERSONNEL. BE IT ORDAINED by the Council of the City of Bakersfield as follows: SECTION 1. Section 5.38.188 is added to the Municipal Code of the City of Bakersfield to read as follows: 5.38.188 Increase in Monthly Allowance--Retirements or Deaths For Period. The monthly allowance paid with respect to a person retired or a member who died shall receive an adjustment increase in accordance with the following schedule. Retirement Date Percentage Increase on or before 12/31/65 15% 1966 14% 1968 12% 1969 9% 1970 6% 1971 5% 1972 4% 1973 3% Such percentage shall be applied to the allowance payable from and after July 1, 1979. SECTION 2. This ordinance shall be posted in accordance with the City Charter provisions and shall become effective thirty (30) days from and after the date of its passage. .......... 000 .......... I HEREBY CERTIFY that the foregoing Ordinance was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on the 11th day of July ~ 1979, by the following vote: the APPROVED th~ ilth d ~- j MA~QR/of ~_he City of Bakersfield , 1979 APPI{OVED as to form: CITY ATTORNEY of the ~y of Bakersfield Affidavit of 1osting (Or iuan es STATE OF CAL1FORNIA, t County of Kern ss. H. E. BERGEN, being duly sworn, deposes and says: That he is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and that oa .......................J.a]~.....J.2 .............................................................................., 19...7.9.. he posted on the Bulletin Board at the City Hall, a full, true and correct copy of an ordinance passed by the CounciI of said City at a meeting thereof duly held on ......................Juicy.....1.1 ................................................, 19..~9..., which ordinance was numbered ..............~.~.~ ...............New Series, and entitled: AN ORDINANCE OF THE COUNCIL OF THE CITY OF BAKERSFIELD AMENDING CHAPTER 5.38 OF THE MUNICIPAL CODE BY ADDING SECTION 5.38.188 ADJUSTING RETIREMENT PAY FOR CERTAIN RETIRED PERSONNEL. Subscribed and sworn to before me this ..~.~.~h...... day of ...:..