(A) Employee retirement system adopted. There is hereby adopted by reference, as though set forth herein in its entirety, an employee retirement system. A copy of said retirement system provisions, and amending ordinances, shall be and remain on file and available for inspection in the office of the town’s Clerk-Treasurer.
(B) Social Security.
(1) Declaration of policy.
(a) It is hereby declared to be the policy and purpose of the town to extend, at the earliest date, to the employees and officials thereof, not excluded by law or this division (B), 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, being 42 U.S.C. § 301- 1305, and amendments thereto, including Pub. Law No. 734, 81st congress. In pursuance of said policy, and for that purpose, the town shall take such action as may be required by applicable state or federal laws or regulations.
(b) It is hereby declared to be the policy and purpose of the town to extend 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. Law No. 734, 81st congress, to employees and officials of the town rendering services in part time positions, elective officials engaged in rendering executive services and elective officials engaged in rendering judicial services, in addition to those employees and officials of the town presently receiving the benefits of the system of federal old age and survivors insurance. In pursuance of this policy and for that purpose, the town shall take such action as may be required by applicable state or federal laws or regulations.
(2) Agreement with state. The town’s Board of Trustees is hereby authorized and directed to execute all necessary agreements and amendments thereto with the state’s Department of Public Welfare, as agent or agency, to secure coverage of said employees and officials as provided in § 142, said agreement or amendment to be retroactive to 1-1-1959, with respect to such of said employees and officials as are members of such coverage groups on the date such agreement or amendment is executed.
(3) Withholdings. Withholdings from salaries or wages of employees and officials for the purpose provided in §§ 140 and 142 are hereby 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 said laws or regulations. There shall be appropriated from available funds such amounts at such times as may be required by applicable state or federal laws or regulations for employer contributions, which shall be paid over to the state or federal agency designated by said laws or regulations.
(4) Records and reports. The town shall keep such records and make such reports as may be required by applicable state or federal laws or regulations.
(5) Exclusions.
(a) There is hereby excluded from this division (B) 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.
(b) There is hereby excluded from this division (B) any authority to make any agreement with respect to any position, or any employee or official, compensation for which is on a fee basis, or any employee or official not authorized to be covered by applicable state or federal laws or regulations, or any employee rendering services of an emergency nature, or any elective officials engaged in rendering legislative services.
(Prior Code, § 1-6-3)