[HISTORY: Adopted by the Borough Council of the Borough of Malvern 11-4-1952
by Ord. No. 121 (Part 2, Ch. 5, Art. D, of the 1975 Code
of Ordinances). Amendments noted where applicable.]
The Borough of Malvern is hereby authorized to execute and deliver to
the state agency a plan, or plans, and agreement required under section 6
of Act No. 491 of 1951 and the provisions of the Social Security Act to extend
coverage to employees and officers of the Borough of Malvern and do all other
necessary things to effectuate coverage of employees and officers under the
Old Age and Survivors Insurance System.
The Secretary of Borough Council and the Borough Treasurer are hereby
authorized to establish a system of payroll deductions to be matched by payments
by the Borough of Malvern to be made into the Contribution Fund of the Social
Security Act through the office of the state agency, and to make charges of
this tax to the fund, or funds, from which wage or salary payments are issued
to employees of the Borough of Malvern. Such payments are to be made in accordance
with the provisions of the law and regulations promulgated by the state agency
and the Federal Security Administrator: such payments which are delinquent
shall bear interest at the rate of 1/2 of 1% per month until such time as
payments are made.
Appropriation is hereby made from the proper fund, or funds, of the
Borough of Malvern in the necessary amount to pay into the Contribution Fund
as provided in section 4 of Act No. 491 of 1951, and in accordance with the
plan or plans, and agreement, authority is given to the President and the
Secretary of Borough Council of the Borough of Malvern to enter into an agreement
with the state agency, which agreement shall be in accordance with Act No.
491 and with paragraph 218 of the Social Security Act. Such plan and agreement
shall provide that the participation of the Borough of Malvern shall commence
as of January 1, 1953.
