The Borough of Jenkintown is hereby authorized to execute and
deliver to the state agency a plan or plans and agreement, required
under Section 6 of the enabling act and the Social Security Act, to
extend coverage to employees and officers of the Borough of Jenkintown
and to do all other necessary things to effectuate coverage of employees
and officers under the old-age and survivors' insurance system.
[Amended 4-28-1980 by Ord. No. 80-13]
The Borough Manager is hereby authorized to establish a system
of payroll deduction to be matched by payments by the Borough of Jenkintown
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 Jenkintown. Such payments are to be made
in accordance with the provisions of the law and regulations promulgated
by the state agency and the Federal Social 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 Jenkintown in the necessary amount to pay into the
Contribution Fund as provided in Section 4 of the enabling act and
in accordance with the plan or plans and agreement. Authority is given
to the President and Secretary of the Borough of Jenkintown 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 Jenkintown shall commence as of January 1, 1953.