The President and Secretary of the Borough and the Mayor thereof be
and they are hereby authorized and directed to execute and deliver to the
State Agency a plan and agreement as required under Section 6 of said Enabling
Act, and the Social Security Act, to extend coverage to employees and officers
of the Borough of Tarentum and do any and all necessary things to effectuate
coverage of said employees and officers under Old Age and Survivors Insurance
System.
The Borough Manager is hereby authorized and directed to establish a
system of payroll deductions to be matched by payments by the Borough of Tarentum
and paid into the contribution fund of the Social Security Act through the
office of the State Agency and to make such charges of this tax to the fund
from which wage or salary payments are issued to employees of the borough.
Such payments shall be made in accordance with the provisions of the law and
such regulations as may be promulgated by the State Agency and the Federal
Security Administrator. Any payments that may become delinquent shall bear
interest at the rate of 1/2 of 1% per month until such payments are made.
An appropriation is hereby made from the general funds of the Borough
of Tarentum in an amount necessary to pay into the contribution fund provided
in Section 4 of the Enabling Act and in accordance with the plan and agreement herein referred
to.
The President and Secretary of the borough are hereby authorized and
directed, and authority is given to the Mayor thereof, to enter into an agreement
with the State Agency in accordance with Act No. 491 above referred to and paragraph 218 of the Social Security Act;
said plan and agreement shall provide that the participation of the Borough
of Tarentum shall commence as of January 1, 1951.