HomeMy WebLinkAboutRESOLUTION 1981-131----..---. ~. ~, ~ _. -r
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CITY OF KENAI ~ ~~~~
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~~ RESOLUTION N0. 81-131 /
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, TO
PROVIDE FOR WORK SESSIONS TO STUDY POSSIBLE ALTERNATIVE BENEFIT
PLANS ON WITHDRAWAL FROM THE SOCIAL SECURITY SYSTEM.
WHEREAS, the City has previously given notice of withdrawal from
the Federal Social Security System on December 31, 1981, and
WHEREAS, the City employees have voted by a large preponderance
to allow that decision to become effective so that they will not
be under social security, and
WHEREAS, there are a number of options of use of funds previously
deducted from employees' wages and of funds from the City to
match those deductions to provide alternative benefit plans to
social security or to provide cash payments to employees, and
WHEREAS, the employees appear to be divided as to possible
alternatives of payment of provision of benef its and this is an
important decision that sbould not }~e made in haste.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF T8E CITY OF
RENAI, ALASKA, that one or more Council work sessions will be set
for the specific purpose of studying possible alternative benef it
plans to the social security system, and that it is a goal of
Council to reach a decision in this matter in time for action at
the regular Council meeting of January 20, 1982.
PASSED BY THE COUNCIL OF TSE CITY OF KENAI, ALASKA, this 17th day
of December, 1981.
ATTESTS
VINCENT O'REILLY, MAYOR
Janet Whelan, City Clerk