Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Employee Benefits topic

No spam. Unsubscribe anytime.

Royston Council adopts retirement-plan restatement for city employees

Royston City Council · September 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

On second reading the council adopted an ordinance restating the city's defined-benefit retirement plan under the Georgia Municipal Employee Benefit System; the vote was 6-0.

The Royston City Council on Sept. 9 adopted an ordinance restating the city’s defined-benefit retirement plan under the Georgia Municipal Employee Benefit System.

City Attorney Doug Ashworth read the second reading of the ordinance that amends the restatement of the retirement plan for city employees in accordance with the adoption agreement and the GMES Basic Plan document and trust agreement. Councilman Jason Phillips moved to adopt the ordinance; Councilman Matt Fields seconded and the motion passed 6-0.

The transcript records the adoption on second reading but does not specify plan language changes, effective dates, or financial impacts to benefits; those details are contained in the plan documents referenced in the ordinance.