ORDINANCE NO. 2323City of Portland (San Patricio County)

ORDINANCE NO. 2323 ? AMENDING THE CITY TMRS RETIREMENT PLAN BY INCREASING THE EMPLOYEE CONTRIBUTION RATE AND MAKING OTHER RELATED CHANGES

Bastiat Overreach Score: 45/100

Passed: 2026-08-04 • Effective: 2026-08-04

Executive Summary & Impact

16. ORDINANCE NO. 2323 ? AMENDING THE CITY TMRS RETIREMENT PLAN BY INCREASING THE EMPLOYEE CONTRIBUTION RATE AND MAKING OTHER RELATED CHANGES: THE CITY COUNCIL WILL CONSIDER THE SECOND READING AND FINAL READING OF ORDINANCE NO. 2323 INCREASING THE EMPLOYEE CONTRIBUTION RATE AND ADOPTING ANNUALLY ACCRUING UPDATED SERVICE CREDITS AND TRANSFER UPDATED SERVICE CREDITS; ANNUALLY ACCRUING ANNUITY INCREASES (COLAS) FOR RETIREES AND THEIR BENEFICIARIES ? CITY MANAGER

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Legislative Enactment & Roll-Call History

16 • City of Portland CITY COUNCIL MEETING2026-08-04

ORDINANCE NO. 2323 ? AMENDING THE CITY TMRS RETIREMENT PLAN BY INCREASING THE EMPLOYEE CONTRIBUTION RATE AND MAKING OTHER RELATED CHANGES

Outcome: PASSED (6-0) • Motion to approve ORDINANCE NO. 2323 ? AMENDING THE CITY TMRS RETIREMENT PLAN BY INCREASING THE EMPLOYEE CONTRIBUTION RATE AND MAKING OTHER RELATED CHANGES

Official Legal Text & Codified Sections

OFFICIAL LEGISLATIVE RECORD — CITY OF PORTLAND
Instrument / Docket Number: ORDINANCE NO. 2323 (Agenda Item 16)
Meeting: City of Portland CITY COUNCIL MEETING
Date Enacted: 2026-08-04
Roll-Call Outcome: PASSED (6 YES - 0 NO)
Category: Municipal Ordinance

VERBATIM DOCKET TEXT & SUMMARY:
16. ORDINANCE NO. 2323 ? AMENDING THE CITY TMRS RETIREMENT PLAN BY INCREASING THE EMPLOYEE CONTRIBUTION RATE AND MAKING OTHER RELATED CHANGES: THE CITY COUNCIL WILL CONSIDER THE SECOND READING AND FINAL READING OF ORDINANCE NO. 2323 INCREASING THE EMPLOYEE CONTRIBUTION RATE AND ADOPTING ANNUALLY ACCRUING UPDATED SERVICE CREDITS AND TRANSFER UPDATED SERVICE CREDITS; ANNUALLY ACCRUING ANNUITY INCREASES (COLAS) FOR RETIREES AND THEIR BENEFICIARIES ? CITY MANAGER