[R.O. 2016 § 120.050; CC 1994 § 1.400;
amended August 2003]
A. It is hereby declared to be the policy
and purpose of this City to extend to all eligible employees and officials
of said City who are not excluded by law or by this Section, and whether
employed in connection with a governmental or propriety function of
said City, the benefits of the system of Federal Old-Age and Survivors
Insurance as authorized by the Social Security Act Amendments of 1950, and by Senate Committee Substitute for Senate Bill No.
3 of the 66th General Assembly of the State of Missouri and amendments
thereof, as the same may be now and hereafter in effect.
B. The Mayor and City Clerk are hereby authorized and directed, on behalf of this City, to prepare, execute and submit to the Office of Administration, Division of Accounting of the State of Missouri as State Agency of the State of Missouri a plan and agreement for extending said benefits to said eligible employees and officials of the City in the form prepared by the State Agency and hereby approved and adopted by the City Council of this City, which plan and agreement are to become effective upon approval thereof by the State Agency, and are further authorized and directed to execute agreements and modifications and amendments thereof with said State Agency providing for the extension of said benefits to said employees and officials as set forth in said plan and agreement, as provided for in Subsection
(A) hereof, said plan and agreements to provide that said extension of benefits is to be effective on April 1, 1957.
C. Commencing on the first day of the month
following the date of the approval of the plan and agreement of this
City by the State Agency, there shall be deducted from the wages of
all employees and officials of the City, to whom the benefits of said
system of Federal Old-Age and Survivors Insurance are extended by
virtue of the plan and agreement hereinbefore provided for, the amount
of each of said employee's and official's contributions as determined
by the applicable State and Federal laws and by said plan and agreement,
the aggregate amount of said deduction to be paid into the Contributions
Fund created by Senate Committee Substitute of Senate Bill No. 3 of
the 66th General Assembly of the State of Missouri; provided, however,
that from the first payment of wages made to each of said employees
and officials after the benefits of said system have been extended
to such employees and officials, there shall be deducted a sum equal
to the amount which would have been due and payable from each of said
employees and officials had said extension of benefits been provided
and effective on April 1, 1957.
D. Commencing on the first day of the month
following the date of the approval of the plan and agreement of this
City by the State Agency, there is hereby authorized to be appropriated
from the General Revenue Fund of the City, and there is and shall
be appropriated, the sum or sums of money necessary to pay the contributions
of the City which shall be due and payable by virtue of the extension
of the benefits of the Federal Old-Age and Survivors Insurance System
to the eligible employees and officials of said City, and sum or sums
of money to be paid into the Contributions Fund created by Senate
Committee Substitute for Senate Bill No. 3 of the 66th General Assembly
of the State of Missouri; provided, however, that in making the first
payment to said Contributions Fund, after the benefits of said system
have been extended to such employees and officials, said first payment
shall include a sum equal to the amount which would have been due
and payable had said extension of benefits been provided and effective
on April 1, 1957. The fund from which said appropriation is made will,
at times, be sufficient to pay the contributions of the City by this
Section directed to be paid to said Contribution Fund.
E. The City, from and after the approval of
the plan and agreement of this City by the State Agency, shall fully
comply with and shall keep such records, make such reports and provide
such methods of administration of said plan and agreement as may be
required by all applicable State and Federal laws, rules and regulations
now and hereafter in effect with respect to the extension of the benefits
of the Federal Old-Age and Survivors Insurance System to the employees
and officials of this City.
F. For the purpose of administering said plan
and agreement, the City Clerk of this City shall be the official who
shall make all required reports, keep all records and be responsible
for the administration of said plan and agreement on behalf of this
City, and any and all notices and communications from the State Agency
to this City with respect to said plan and agreement shall be addressed
to "City Clerk, 9 Bennett Street, Park Hills, Missouri."