(A) Extension of benefits. It is declared to be the policy and purpose of the Town of Granite, Oklahoma, to extend to the employees and officials thereof not excluded by law or this section and whether employed in connection with a governmental or proprietary function, the benefits of the system of Federal Old Age and Survivors Insurance, as authorized by the Federal Social Security Act and amendments thereto, including Pub. L. 734 -- 81st Congress. In pursuance of such policy and for that purpose, the municipality shall take such action as may be required by applicable state or federal laws or regulations.
(`85 Code, § 1-90)
(B) Execution of agreements. The Mayor of the Town of Granite, Oklahoma, is authorized and directed to execute all necessary agreements and amendments thereto, with the State Department of Public Welfare as agent or agency, to secure coverage of employees and officials as provided in division (A) of this section.
(`85 Code, § 1-91)
(C) Withholdings from salaries. Withholdings from salaries or wages of employees and officials for the purpose provided in division (A) of this section are authorized to be made in the amounts and at such times as may be required by applicable state or federal laws or regulations and shall be paid over to the state or federal agency designated by such laws and regulations.
(`85 Code, § 1-92)
(D) Contributions by town. There shall be appropriated by the Town of Granite, Oklahoma, from available funds, such amounts at such times as may be required by applicable state and federal laws or regulations for employers’ contributions to the system of Federal Old-Age and Survivors Insurance. The funds shall be paid over to the state or federal agency designated by the laws or regulations.
(`85 Code, § 1-93)
(E) Records and reports. The Town of Granite, Oklahoma, shall keep such records and make such reports, relative to the system of Federal Old-Age and Survivors Insurance, as may be required by applicable state or federal laws or regulations.
(`85 Code, § 1-94)
(F) Excluded officers and employees.
(1) There is excluded from this section and the benefits established hereunder any authority to make any agreement with respect to any position or any employee or official now covered or authorized to be covered by any other ordinance creating any retirement system for any employee or official of the Town of Granite, Oklahoma.
(2) There is excluded from this section and the benefits established hereunder any authority to make any agreement with respect to any position, employee or official, compensation for which is on a fee basis or any position, employee or official not authorized to be covered by applicable state or federal laws or regulations.
(`85 Code, § 1-95)