HomeMy WebLinkAboutORDINANCE 0737-1981n
CITY OF KENAI
ORDINANCE NO. 737-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
REPEAL=NG AND RE-ENACTING KMC 23.40.100 TO PROJIDE FOR THE CITY
TO MATCH EMPLOYEES' CONTRIBUTIONS FOR BENEFITS IN LIEU OF THE
FEDERAL SOCIAL SECURITY PLAN.
WHEREAS, the City of Kenai has previously given notice of intent
to withdraw from the Social Security System whereby coverage
under Social Security for employees of the City of. Kenai will
terminate on December 31, 1981, and
WHEREAS, if such notice is not withdrawn, it is necessary to
repeal KMC 23.40.100 which provides for the City to match
employees' contributions in Social Security, and
WHEREAS, it appears to be desirable for the City to match
contributions of employees to provide for other benefits in lieu
of Social Security coverage.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, as followss
Section is KMC 23,40.100 is hereby repealed and re-enacted
to read as followss
"23.40.100 Contributions for Addj,tjonal, Benefits: In
order to provide additional benefits for employees on
withdrawal from the Social Security System, 6.13% of the
wages of each employee, up to the taxable wage base of
$29,700.00, shall be deducted from said wages and shall be
matched by the City to provide supplemental employee
benefits, .and the City will file the necessary requests with
the Commissioner of the Department of Administration, State ,.f3
of Alaska, to participate in the State of Alaska
supplemental employee benefit program as provided under AS
39.30.150-180 ."
Section 2s In order that the benefits to be secured by
Section 1 above shall be effective immediately after withdrawal
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from the Social Security System, the payroll deductions provided
for in Section 1 shall be made from wages of employees due on the
last working day of January, 1982.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 17th day
of December. 1981.
ATTESTS
Janet Whelan, City Clerk
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VINCENT O'REILLY, MAYOR
First Reading: December 2, 1981
Second Readings December 17, 1981
Effective Dates January 17, 1982
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