269-A. Section 3-A. The council shall, by ordinance, establish and maintain a system of compensation for the employees of the city coming under the provisions of the Workmen’s Compensation Laws of the State of Michigan and their dependents, in the case of the disability, injury or death of such employee, which system of compensation shall include the maintenance of a fund to defray the expenses thereof; out of which no monies shall be expended or disbursed except for the administration of such system of compensation. The minimum standards for such system of compensation shall comply with the standards set by the Workmen’s Compensation Act of the State of Michigan. Such ordinance, whether existing at the time of the adopting of this section or thereafter enacted, may be amended or revised from time to time, or a new ordinance may be substituted therefor, as the best interests of the city and the requirements of such system of compensation demand, but no such amendment, revision or substitution shall destroy the existence of such plan of compensation or alter it or the fund established so that it will not meet the minimum requirements which are established herein. In case that the annual earnings of the accumulated funds shall equal the average cost of operation of the prior three (3) years’ experience, then the workmen’s compensation board of the city shall be empowered to cancel the annual contribution requirements to the said fund during that period and in case the earnings of the accumulated funds shall equal sixty-five (65) per cent of the average cost of operation of the prior three (3) years’ experience, the workmen’s compensation board of the city may reduce the annual requirement to the said fund during that period by an amount equal to the earnings of said fund.
Editor’s note:
The above paragraph was added by an amendment approved by the electorate on 4-6-1942 by a vote of 2,757 to 794.
Statutory reference:
Charter may provide for workmen’s compensation, see M.C.L.A. § 117.4i(8)