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(A) (1) The Mayor of the city is authorized to execute on behalf of the city a contract between the city and the state agency of the Old-Age and Survivors Insurance System, which contract is in words and figures as follows:
DEPARTMENT OF ECONOMIC SECURITY
Division of Personnel Security
PLAN AND AGREEMENT
City of Richmond, Kentucky
(2) Hereinafter called “political subdivision,” this shall hereby apply to the state agency, pursuant to the provisions of KRS 61.460, to extend the insurance system established by 42 USC 401 et seq. to services performed by individuals as employees of the political subdivision.
(B) The political subdivision submits for the state agency's approval this plan and agreement to become effective on the date hereinafter stated.
('79 Code, § 2-127) (Ord. A-25, passed 9-18-51)