HomeMy WebLinkAboutCity Council Resolution 763 RESOLUTION NO. 76,3z~
RESOLUTION P~QLIEST~G7 TERMINATION OF THE SOCIAL
SECURITY (OLD-AGE, ~URVIVORS, DISABILITY, AND
HEALTH INSURANCE) AGREEMENT BETWEEN THE CITY OF
SARATOGA AND THE STATE OF CALIFORNIA
WHEREAS, the City of Saratoga, hereinafter referred to as "Public Agency", and
th:eState of California entered into an agreement on October 15, 1958, providing
for the inclusion of the services of eligible employees of the Publc Agency in the
California State Social Security Agreement of March 9, 1951, pursuant to the provisions
of Section 218 of the Social Security Act; and
WHEREAS, coverage of such services under the said agreement between the Public
Agency and the State of California has been in effect for not less than five years
from the effective date of coverage specified in said agreement, as required by law
for termination of coverage; and
WHEREAS, it is understood that if the said agreement between the Public Agency
and the State of California, and the California State Social Security Agreement with
respect to the Public Agency, are terminated, the Public Agency may not again enter
into an agreement with the state to provide for inclusion of the services of its
employees in the California State Social Security Agreement;
NOW THEREFORE, BE IT RESOLVED, that the City Council find and it hereby finds
that it is in the best interest of the Public Agency to terminate said agreement with
respect to all coverage groups thereof; and
BE IT FURTHER RESOLVED, that Robert F. Beyer, City Manager be, and is hereby
authorized and directed to notify the Board of Administration of the Public Employees'
Retirement System of termination of the agreement of October 15~.1958~ between the
Public Agency and the State of Californiaj as required by law, effective March 31,
~and
BE IT FURTHER RESOLVED, that the said Board of Administration be, and it is
hereby, requested to take such action as is required to effect termination of the
California State Social Security Agreement of March 9, 1951, with respect to ~11
coverage groups of the Public Agency, effective March 31~ 1978..~ and
BE IT FURTHER RESOLVED, that the Authorized Agent of the Public Agency be and
is hereby directed to forward to the Board of Administration a certified copy of
this Resolution.
The above and foregoing resolution was regularly introduced and thereafter
passed and adopted on the ]8.t.h day of February , 1976, by the
following vote at a regular City Coumcil Meeting of the City of Saratoga.,
AYES: Councilmen Bridge,, Brigham, Krau~, Corr & MatteDni
NOES: None
ABSENT: Nor~
ATTEST
CITY