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Lucas council approves TMRS plan change raising employee contribution to 8%
Summary
Council approved an ordinance adopting changes to the Texas Municipal Retirement System plan that raise the employee contribution to 8%; with the city's 2:1 match the resulting city rate will be 16%. The ordinance is effective Oct. 1, 2025 as stated in the item.
The Lucas City Council voted to adopt an ordinance amending the city's participation in the Texas Municipal Retirement System (TMRS) that includes an increase in the employee contribution rate. Council discussion clarified the change would raise the employee contribution to 8% and, with the city's legislated 2-to-1 match, make the city's contribution 16%.
A councilmember said, "there is the increase that the, the, employee will go to 8%. And because we have a 2 to 1 match, ours will be the 16%." The ordinance text in the packet also specifies the increased employee contribution rate shall be effective on the first day of October 2025. A motion to approve the ordinance was made, seconded, and approved by voice vote.
