Section 1-63. Benefits Of Federal 0.A.S.I To Be Extended To Personnel.
It is hereby declared to be the policy and purpose of this Town to extend at the earliest date to the employees and officials thereof, not excluded by law or ordinance, and whether employed in connection with a governmental or proprietary function, the benefits of the system of Federal Old-Age and Survivors Insurance an authorized by the Federal Social Security Act and amendments thereto, including public Law 734, 81% Congress. In pursuance of said policy, and for that purpose, the Town shall take such actions as may be required by applicable state or federal laws or regulations.
Section 1-64. President Of The Board Of Trustees Authorized To Execute Agreements.
The Mayor is hereby authorized and directed to execute all necessary agreements and amendments thereto with the State Department of Public Welfare, as agent or agency, to secure coverage of employees and officials as provided in Section 1-63 hereof.
Section 1-65. Withholdings From Salaries And Wages.
Withholdings from salaries or wages or employees and officials for the purpose provided in Section 1-63 hereof, are hereby authorized to be made in the amounts and at such times as may be required by applicable state or federal laws or regulations, and shall be paid over to the state or federal agency designated by said laws or regulations.
Section 1-66. Appropriations For Emplover’s Contributions.
There shall be appropriated from available funds such amounts at such times as may be required by applicable state or federal laws or regulations for employer’s contributions; which shall be paid over to the state or federal agency designated by said laws or regulations.
Section 1-67. Records And Reports.
This municipality shall keep such records and make such reports as may be required by applicable state or federal laws or regulations.
Section 1-68. Employees And Officers Now Covered By Other Retirement Systems.
There is hereby excluded from this article any authority to make an agreement with rapes to any position or any employee or official now covered or authorized to be covered by any other ordinance creating any retirement system for any employee or official of the municipality.
Section 1-69. Employees And Officers On A Fee Basis Excluded, Etc.
There is hereby excluded from this article any authority to make any agreement with respect to any position, or any employee or official, compensation for whom is on a fee basis, or any position, or any official not authorized to be covered by applicable state or federal laws or regulations.