[HISTORY: Adopted by the Board of Commissioners of the Township of Abington 9-11-1952 by Ord. No. 703. Amendments noted where applicable.]
GENERAL REFERENCES
Pension plans — See Ch. 28.
The Township of Abington 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, adopted as Act. No. 491, and the Social Security Act, to extend coverage to employees and officers of the Township of Abington, and to do all other necessary things to effectuate coverage of employees and officers under the old-age and survivors insurance system.
The Township Secretary is hereby authorized to establish a system of payroll deduction to be matched by payments by the Township of Abington 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 Township of Abington. 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.
[Amended 12-19-1952 by Ord. No. 715]
Appropriation is hereby made from the proper fund or funds of the Township of Abington 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 Township of Abington 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 Township of Abington shall commence as of January 1, 1951.