[Ord. of 6-14-1954, § 1]
It is hereby declared to be the policy and purpose of the City
to extend, at the earliest date, to all eligible employees and officials
of said City who are not excluded by law or by this Article, and whether
employed in connection with a governmental or proprietary function
of the City, the benefits of the system of Federal Old-Age and Survivors
Insurance as authorized by the Social Security Act Amendment of 1950,
and by Senate Committee Substitute for Senate Bill No. 3 of the 66th
General Assembly of the State of Missouri and amendments thereof,
as the same may be now and hereafter in effect.
[Ord. of 6-14-1954, § 2]
The Mayor and City Clerk are hereby authorized and directed
on behalf of the City to prepare, execute and submit to the Office
of Administration and Accounting of the State of Missouri, a State
Agency, a plan and agreement for extending said benefits to said eligible
employees and officials of the City in the form prepared by the State
Agency and hereby approved and adopted by the City Council, which
plan and agreement are to become effective upon approval thereof by
the State Agency, and are further authorized and directed to execute
agreements and modifications and amendments thereof with said State
Agency, providing for the extension of said benefits to said employees
and officials as set forth in said plan and agreement, as provided
for in this Division, said plan and agreement to provide that said
extension of benefits is to be effective on July 1, 1954.
[Ord. of 6-14-1954, § 3]
Commencing on the first (1st) day of the month following the
date of the approval of the plan and agreement of the City by the
State Agency, there shall be deducted from the wages of all employees
and officials of the City to whom the benefits of said system of Federal
Old-Age and Survivors Insurance are extended, by virtue of the plan
and agreement hereinbefore provided for, the amount of each of said
employee's and official's contributions, as determined by the applicable
State and Federal laws and by said plan and agreement, the aggregate
amount of said deductions to be paid into the Contributions Fund created
by Senate Committee Substitute for Senate Bill No. 3 of the 66th General
Assembly of the State of Missouri; provided however, that from the
first (1st) payment of wages made to each of said employees and officials
after the benefits of said system have been extended to such employees
there shall be deducted a sum equal to the amount which would have
been due and payable from each of said employees and officials had
said extension of benefits been provided and effective on July 1,
1954.
[Ord. No. of 6-14-1954, § 4]
Commencing on the first day of the month following the date
of the approval of the plan and agreement of the City by the State
agency, there is hereby authorized to be appropriated from the General
Fund of the City and there is, and shall be appropriated, the sum
of money necessary to pay the contributions of the City, which shall
be due and payable by virtue of the extension of the benefits of the
Federal Old-Age and Survivors Insurance System to the eligible employees
and officials of the City, said sum of money to be paid into the Contributions
Fund created by Senate Committee Substitute for Senate Bill No. 3
of the 66th General Assembly of the State of Missouri; provided however,
that in making the first payment to said Contributions Fund, after
the benefits of said system have been extended to such employees and
officials, said first payment shall include a sum equal to the amount
which would have been due and payable had said extension of benefits
been provided and effective on July 1, 1954.
The Fund from which said appropriation is made will, at all
times, be sufficient to pay the contributions of the City by this
Section directed to be paid to said Contributions fund.
[Ord. of 6-14-1954, § 5]
The City, from and after the approval of the plan and agreement
of the City by the State Agency, shall fully comply with, and shall
keep such records, make such reports and provide such methods of administration
of said plan and agreement as may be required by all applicable State
and Federal laws, rules and regulations, now and hereafter in effect
with respect to the extension of the benefits of the Federal Old-Age
and Survivors Insurance System to the employees and officials of the
City. For the purpose of administering said plan and agreement the
City Clerk shall be the official who shall make all required reports,
keep all records and be responsible for the administration of said
plan and agreement on behalf of the City, and any and all notices
and communication form the State Agency to the City with respect to
said plan and agreement shall be addressed to the City Clerk.