ORDINANCE NO. 506B
AN ORDINANCE OF THE City of Medford, OKLAHOMA
AN ORDINANCE AMENDING THE EMPLOYEE RETIREMENT SYSTEM, DEFINED BENEFIT PLAN FOR THE City of Medford, OKLAHOMA; PROVIDING RETIREMENT BENEFITS FOR ELIGIBLE EMPLOYEES OF THE City of Medford, OKLAHOMA; PROVIDING FOR VESTING SCHEDULE; PROVIDING FOR EMPLOYER PICKUP OF MANDATORY CONTRIBUTIONS; PROVIDING FOR REPEALER AND SEVERABILITY; AND DECLARING AN EMERGENCY.
The foregoing ordinance was introduced before the City of Medford on the 21st day of July, 2025, and was duly adopted and approved by the Mayor and City Council on the 21st day of July, 2025, after compliance with notice requirements of the Open Meeting Law (25 OSA, Section 301, et seq.).
City of Medford
SEAL
ATTEST:
Gary Bowen, Mayor
Samantha Grinstead, City Clerk
