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HomeMy WebLinkAbout1985-28 Opposing all Federal Proposals Requiring Mandatory Medicare and Requiring Mandatory Socical Security Coverage for all Newly Hired State and Local Government WorkersY ~ 1 fin RESOLUTION N0. 28 Series of 1985 A RESOLUTION OPPOSING ALL FEDERAL PROPOSALS REQUIRING MANDATORY MEDICARE COVERAGE FOR ALL STATE, COUNTY AND MUNICIPAL EMPLOYEES AND REQUIRING MANDATORY 50GIAL SECURITY COVERAGE FOR ALL NEWLY HIRED STATE AND LOCAL GOVERNMENT WORKERS. WHEREAS, the Town of Vail is currently not covered by the Social Security system, having specifically exercised its legal option to withdraw from the system; and WHEREAS, the Town of Vail currently has a defined contribution plan which replaced Social Security in 1983 and which was overwhelmingly supported by Town employees; and WHEREAS, the Town of Vail has purchased insurance through the public insurance market to replace the survivor's income and the long term disability provisions of Social Security; and WHEREAS, mandatory Medicare coverage would add fifty-four thousand dollars 54,OQO.00) of additional cost to the Town; and WHEREAS, mandatory Social Security coverage would add an additional cost of eighty- five thousand eight hundred dollars 85,800.00) to the Town in the first year and more in each succeeding year. NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail as follows: The .Town Council strongly opposes all federal proposals for mandatory Medicare and mandatory Social Security coverage for State, county and municipal employees. Dated this I5th day of October 1985. J Paul R. ton, Mayor ATTEST: Pamela A. Brandmeyer, wn Clerk