HomeMy WebLinkAbout1967- 5 Concerning the Extension of the Social Security System to the Employees and Officers of the TOV and Authorizing the Mayor and Town Clerk to enter into an Agreement with the Dept. of Security
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ORDINANCE N0. 5
SERIES 1967
AN ORDINANCE CONCERNING THE EXTENSION OF THE SOCIAL SECURITY SYSTEM
TO THE EMPLOYEES AND OFFICERS OF THE TOWN OF VA IL ANA AUTHORIZING THE MAYOR AND
TOWN CLERK TO ENTER INTO AN AGREEMENT WITH THE DEPARTMENT OF EMPLOYMENT SECURITY,
STATE OF COLORADO.
WHEREAS, it is the considered opinion of this body that the extension
of the Social Security System to employees and officers of the Town of Vail will
be of great benefit, not only to the employees of the Town by providing that said
employees and officers may participate in the provisions of the Old-Age and
Survivors' Insurance System, and will also be of great benefit to the Town of
Vail by enabling it to attract and retain in employment the best of personnel and
thus increase the efficiency of its government.
WHEREAS, the 38th General Assembly of the State of Colorado, in regular
session, enacted a statute, known as House Bill No. L91, which is the enabling Act
provided for in Section 118 of Public Law 734, 81st Congress, which designated the
Department of Employment Security, State of Colorado, to act as the Department to
implement the coverage of employees and officers under the said Old-Age and Survi-
vors' Insurance System.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF VAIL, COLORADO:
Section 1.
The Town of Vail is hereby authorized to execute and deliver
to the Department of Employment Security, State of Colorado, a plan, or plans, and
agreement, required under Section 5 of said enabling Act and the Social Security
Act, to extend coverage to employees and officers of the Town of Vail (except those
employees and officers in elective positions or part time positions or where said
employees and officers are paid on a fee basis) and do all other necessary things
to effectuate coverage of employees and officers under the OId-Age and Survivors'
Insurance System.
Section 1.
The Clerk is hereby authorized to establish a system of
payroll deduction to be matched by payments by the Town of Vail to be paid into
the Contribution Fund of the State through the Department of Employment Security,
and to make charges of this tax to the fund, or funds, from which wage or salary
payments are issued to the employees of the Town of Vail. Such payments are to be
made in accordance with the provisions of Sections 1400 and 1410 of the Federal
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P.:ge 2 - Ordinance No. S
Insurance Contribution Act on all services which constitute employment within the
meaning of that Act. Payments made to the Department of Employment Security,
State of Colorado, shall be due and payable on or before the 18th day of the month
immediately following the completed calendar quarter, and such payments which are
delinquent shall bear interest at the rate of z of 1% per month until such time
as payments are made.
Section 3.
Appropriation is hereby made from the proper fund, or
funds, of the Town of Vail in the necessary amount to pay into the contribution
fund as provided in Section 5 (c) (1) of the enabling Act and in accordance with
the Plan, or Plans, and Agreement. Authority is given to the Mayor and the Clerk
of the Town of Vail to enter into an agreement with the Department of Employment
Security, State of Colorado, which agreement shall be in accordance with House
Bill No. L91 and with paragraph L18 of the Social Security Act. Such plan and
agreement shall provide that the participation of this Town of Vail shall be in
effect as of March 1, 1967.
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Finally passed, adopted and approved on this ~ j'L~
day of (~0,h ~, 196
APPROVED:
~._
`- ~ Mayor
~.~ ~- .~
ATTEST
' y ~~ ~ Town Recorder
I
(SEAL)