(A) The town has determined that it is mutually beneficial for the town and for its employees for the town to provide assistance with respect to health and dental insurance. The town shall therefore fund 50% of the expense for health insurance and dental insurance for employees who choose to participate in the program. The town’s portion of said expense shall be funded from the same fund that the employees normal compensation is funded from.
(B) The town has determined that it would be beneficial for a simplification of accounting practices to set up a separate account for payroll purposes. The Town Clerk-Treasurer is hereby directed to establish such additional accounts as are necessary and appropriate for the purpose of simplifying the town payroll.
(Ord. 1996-3, passed 7-22-1996)