HomeMy WebLinkAbout1982-36 Providing for the Town to Withdraw from the Social Security Act: Withdrawing Social Security Coverage to the Employees and Officers of the Townf
~~ ~, - •.
75 s. frr,~~~,t~ge road
veil, co„~r.a;~o 81657
of~cc ,i to,~n ci^rk
• •
ORDINANCE #36
(Series of 1982)
AN ORDINANCE PROVIDING FOR THE TOWN
TO WITHDRAW FROM THE SOCIAL SECURITY
ACT: WITHDRAWING SOCIAL SECURITY COVERAGE
TO THE EMPLOYEES AND OFFICERS OF THE TOWN;
AND TERMINATING THE AGREEMENT BETWEEN THE
TOWN AND THE DEPARTMENT OF EMPLOYMENT SECURITY
OF THE STATE OF COLORADO; AND PROVIDING DETAILS
IN RELATION THERETO.
WHEREAS, pursuant to Section 2.44.010 of the Municipal Code
of the Town of Vail, the Town entered into an agreement with the
Department of Employment Security of the State of Colorado to
extend Social Security coverage to the employees and officers of
the Town; and
WHEREAS, Section 2.44.020 provided for the establishment of
a payroll deduction system to be matched by payments by the Town
to be paid into the contribution fund of the State of the Department
of Employment Security; and
WHEREAS, pursuant to Section 2.44.030, appropriation was made
from proper funds of the Town in the necessary amount to pay
into the contribution fund of the State; and
WHEREAS, the Town has decided that it would benefit the
employees and officers of the Town to withdraw from Social Security
coverage and terminate the agreement with the Department of Employment
Security for the State of Colorado so that the Town can establish its
own pension plan for its employees and officers.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN
OF VAIL:
1. The Town is hereby authorized to withdraw from coverage
under the Social Security Act and is further authorized to terminate
its agreement with the Department of Employment Security of the State
of Colorado providing for the extension of such social security to
the employees and officers of the Town of Vail.
2. Section 2.44.010 - Agreements authorize, Section 2.44.020 -
deductions authorized, and Section 2.44.030 - contribution by Town
authorized are hereby repealed.
~'! • •
-2-
Section 3.
If any part, section, subsection, sentence, clause or phrase
of this ordinance is for any reason held to be invalid, such decision
shall not effect the validity of the remaining portions of this
ordinance; and the Town Council hereby declares it would have passed
this ordinance, and each part, section, subsection, sentence, clause
or phrase thereof, regardless of the fact that any one or more parts,
sections, subsections, sentences, clauses or phrases be declared
invalid.
Section 4.
The Town Council hereby finds, determines and declares that
this ordinance is necessary and proper for the health, safety and
welfare of the Town of Vail and the inhabitants thereof.
Section 5.
The repeal or the repeal and reenactment of any provision of
the Vail Municipal Code as provided in this ordinance shall not affect
any right which has accrued, any duty imposed, any violation that
occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceeding as commenced under or by virtue
of the provision repealed or repealed and reenacted. The repeal of
any provision hereby shall not revive any provision or any ordinance
previously repealed or superseded unless expressed stated herein.
INTRODUCED, READ AND PASSED ON FIRST READING THIS 19th day of
October, 1982, and a public hearing shall be held on this ordinance
on the 2nd day of November 1982, at 7:30 p.m. in the Council
Chambers of the Vail Municipal Building, Vail, Colorado.
Ordered published in full this 19th day of October, 1982.
Rodney E. Slifer, GMayor
ATTEST:
Colleen M. Kline, Town Clerk
'~ i
-'- • i
•
-3-
INTRODUCED, READ AND APPROVED ON SECOND READING AND ORDERED
PUBLISHED by title only this 2nd day of November ,
1982.
~~
Rodney E. Sllifer, yor
ATTEST:
4
Colleen M. Kline, Town Clerk
~~
~l
- -