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HomeMy WebLinkAboutRESOLUTION 1981-131----..---. ~. ~, ~ _. -r r t G _ ~ ~' - 1 t ~ lW~ 1 CITY OF KENAI ~ ~~~~ I ~~ 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