[HISTORY: Adopted by the Borough Council of the Borough of Homestead 10-14-1974 as Ch. 32 of the 1974 Code. Amendments noted where applicable.]
The Borough of Homestead and its proper officers are 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 Homestead and do all other necessary things to effectuate coverage of employees and officers under the Old Age and Survivors Insurance System.
Editor's Note: Act No. 491 of January 5, 1952, [P.L. (1951) 1833]; appears as 65 P.S. § 201 et seq.
The Secretary of the Borough is hereby authorized to establish a system of payroll deduction to be matched by payments by the Borough of Homestead 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 Homestead. Such payments are to be made in accordance with the provisions of the laws 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 Homestead 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.
Editor's Note: See 65 P.S. § 204.
Authority is given to the President of Council and the Secretary of the Borough to enter into an agreement with the State Agency, which agreement shall be in accordance with Act No. 491 and with Section 218 of the Social Security Act. Such plan and agreement shall provide that the participation of the Borough of Homestead shall commence as of January 1951.