[HISTORY: Adopted by the Town of Newtown 11-29-1951 STM (Res. No. 7). Amendments noted where applicable.]
The Town of Newtown, acting by a majority of the members of the Board of Selectmen of the Town of Newtown, hereby is authorized and empowered to apply for membership and to participate in the Old Age and Survivors Insurance System under Title 11 of the Social Security Act, as amended, in accordance with Public Act No. 277 of the 1951 Public Acts, for all its employees, with the exception of employees excluded by Section 3 of said Public Act No. 277.
The Board of Selectmen of the Town of Newtown, acting by a majority of its members, hereby is authorized and directed to execute on behalf and in the name of the Town of Newtown any and all agreements with the State Employees' Retirement Commission for the aforesaid purpose, in accordance with and subject to the provisions of said Public Act No. 277, and subject to the regulations promulgated by the State Employees' Retirement Commission pursuant to said Public Act.
The Board of Selectmen of the Town of Newtown, acting by a majority of its members, hereby is authorized and directed to make deductions from the wages of the employees participating in the aforesaid Old Age and Survivors Insurance System, as required by Section 4 of said Public Act No. 277, and to forward the amount thereof, together with the contribution of the Town of Newtown, to the State Employees' Retirement Commission in manner and form prescribed by the regulations.
The Board of Selectmen of the Town of Newtown shall cause the aforesaid agreements to be made retroactive to January 1, 1951.