HomeMy WebLinkAboutRESOLUTION 1981-82~~~ -
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CITY OF RENAI
RESOLUTION N0. 81-82
A P.E~OL'vTlOiv vFTHE COUNCIL GF THE CITY OF RENAI, ALASKA,
EXPRESSING THE INTENTION OF THE COUNCIL TO MARE NO OTHER CHANGES
IN SALARY PLAN IN THE EVENT THE CITY WITHDRAWS FROM THE SOCIAL
SECURITY SYSTEM, THUS ALLOWING EMPLOYEES TO RETAIN THE AMOUNTS
FORMERLY DEDUCTED FOR SOCIAL SECURITY AND REDUCING CITY
EXPENDITURES BY RETENTION OF FORMER CONTRIBUTIONS FOR EMPLOYEES,
EFFECTIVE AT TAE TIME THAT THE CITY WITHDRAWS FROM THE SYSTEM.
~~ WHEREAS, th:. City is scheduled to withdraw from the soci_?1
security system on December 31, 1981, and
WHEREAS, this action will result in the elimination of the need
for the City to contribute to the System the required matching
share, and
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
RENAI, ALASKA, that the City Council hereby expresses its
intention to make no other changes in salary plan in the event
the City withdraws from the Social Security System, thus allowing
employees to retain the amounts formerly deducted for Social
Security and reducing City expenditures by retention of former
contributions for employees, effective at the time that the City
withdraws from the System.
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PASSED BY THE COUNCIL OF THE CITY OF REN~~`ALASRA, this 2nd day
of September, 1981. ~/
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VINCENT O'REILLY, MA
ATTEST:
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net Whelan, City Clerk
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