HomeMy WebLinkAboutORDINANCE 1811-1999Suggested by: Administration
CITY OF KENAI
ORDINANCE N0. 1811-99
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, DELETING
THE AGE REQUIREMENT IN KMC 23.40.095 FOR ELIGIBILITY FOR THE
SUPPLEMENTAL RETIREMENT PROGRAM.
WHEREAS, KMC 23.40.095 currently provides that employees with six months of
service who are regularly scheduled to work fifteen (15) hours or more per week and
are twenty-one (21) years of age or older are eligible for supplemental retirement
benefits; and
WHEREAS, the supplemental retirement benefit is four percent (4%) of the first
X37,500 of annual base wages or a maximum of ~ 1,500 per year; and
WHEREAS, employees otherwise eligible under KMC 23.40.095 should not be
excluded because of age; and
WHEREAS, while now there are no employees excluded because of the age
requirement, in the future such a situation could arise;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
Alaska, that KMC 23.40.095 is changed to read:
23.40.095 Supplemental retirement.
All employees (21 YEARS OF AGE OR OLDER] with six months of service
regularly scheduled to work fifteen (15) hours or more per week shall be
eligible to participate in a supplemental requirement program to be
selected by the City Manager. The City's contribution on behalf of each
eligible employee shall be four percent (4%) of the first X37,500 of base
wages earned in a calendar year. The contribution shall not apply to
additional compensation to employees, such as overtime pay, holiday
pay, and qualification pay.
PASSED BY THE COUNCIL OF fiHE CITY OF KENAI, ALASKA, this 17th day of
February, 1999.
ATTEST:
Carol L. Freas, City Clerk
Introduced: February 3, 1999
Adopted: February 17, 1999
Effective: March 17, 1999