[HISTORY: Adopted by the City Council of the City of Lancaster as Article 173 of the Codified Ordinances. Amendments noted where applicable.]
Pensions and retirement — See Ch. 64.
The Director of the Department of Administrative Services is hereby authorized to establish a system of payroll deduction to be matched by payments by the city 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 city. 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% per month until such time as payments are made.
Appropriation is hereby made from the proper fund or funds of the city 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 Mayor and the City Clerk 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 this city shall commence as of January 1, 1952.