[CC 1974 §17-26; Ord. No. 110 §2, 1-25-1973]
It is hereby declared to be the policy and purpose of the City to extend to all eligible employees and officials of the City who are not excluded by law or by this Article and whether employed in connection with a governmental or proprietary function of the City, the benefits of the system of Federal Old-Age and Survivors Insurance as authorized by the Social Security Amendments of 1950 and by Section 105.300 et seq., RSMo., and amendments thereof, as the same may be now and hereafter in effect.
[CC 1974 §17-27; Ord. No. 110 §3, 1-25-1973]
The Mayor and the City Clerk are hereby authorized and directed, on behalf of this City, to prepare, execute and submit to the Division of Budget and Comptroller of the State, as State agency, a plan and agreement for extending benefits to eligible employees and officials of the City, in the form prepared by the State agency and hereby approved and adopted by the Board of Aldermen, 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 the State agency providing for the extension of benefits to employees and officials as set forth in the plan and agreement as provided for in Section 135.010, such plan and agreement to provide that the extension of benefits is to be effective on July 1, 1972.
[CC 1974 §17-28; Ord. No. 110 §4, 1-25-1973]
There shall be deducted from the wages of all employees and officials of the City, to whom the benefits of the 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 the employees' and officials' contributions as determined by the applicable State and Federal laws and by the plan and agreement, the aggregate amount of the deductions to be paid into the Contributions Fund created by Section 105.300 et seq., RSMo.
[CC 1974 §17-29; Ord. No. 110 §5, 1-25-1973]
There is hereby authorized to be appropriated from the general revenue funds of the City and there shall be appropriated the sum 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 the City, such sum of money to be paid into the Contributions Fund created by Section 105.300 et seq., RSMo. The fund from which the appropriation is made shall, at all times, be sufficient to pay the contributions of the City directed by this Section to be paid to the Contributions Fund.
[CC 1974 §17-30; Ord. No. 110 §6, 1-25-1973]
The City shall fully comply with and shall keep such records, make such reports and provide such methods of administration of the 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. For the purpose of administering the plan and agreement, the City Clerk shall be the official who shall make all required reports, keep all records and be responsible for the administration of the plan and agreement on behalf of this City and all notices and communications from the State agency to this City with respect to the plan and agreement shall be addressed to "City Clerk, City of Lake Waukomis, 1147 South Shore Drive, Lake Waukomis, Missouri 64151".