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HomeMy WebLinkAboutRESOLUTION - 6-61 - 2/27/1961 - FED OLD AGE & SURVIVOR INSURANCE BENE RESOLUTION NO. 6-61 RESOLUTION AUTHORIZING THE EXTENSION TO ELIGIBLE EMPLOYEES OF FEDERAL OID AGE AND SURVIVOR INSURANCE BENEFITS WHEREASj the President and Board of Trustees of the Village of Elk Grove Village., Cook County, Illinois,believe it to be to the best in— terest of the Village of Elk Grove Village that eligible employees receive the benefits of Federal Old Age and Survivor Insurance; NOW, THEREFORE, BE IT RESOLVED BY the Village of Elk Grove Vi-Ilage, Cook County� Illinois: SECTION 1 It is hereby declared to be the police and purpose of the Vi1M_ge_o?_Elk Grove Village to extend to the eligible employees thereof, effective as of January 1� 1961� the benefits of the Federal Old Age and Survivor Insurance system as authorized by the Federal Social Security Act and amendments thereto in pursuance of said policy, and for that purpose the President of the Village of Elk Grove Village shall take such actions as may be required by applicable State and Federal laws or regulations. SECTION 2 The President of the Village of Elk Grove Villagej, r Inois, is hereby authorized and directed to execute an Cook County, 11' agreement with the State Employees Retirement System of the State of Illinois to secure coverage of eligible employees as Provided in Section I herecf* SECTION 3 Withholding from salaries or wages of employees for the purposes provi3ed in Section 1 hereof, are hereby authorized to be made in the amounts and at such timeas may be required by applicable State and Federal laws or regulationsy and shall be paid over to the State Agency in such amounts and at such tines as are designated by State laws or regulations. SECTION 4 Employer contributions and administrative expenses shall be paid Eoe State Agency in acco.-dance with applicable State laws and regulations from amounts appropriated for such purposes* SECTION 5 The Treasurer shall maintain such records and sub— mit such ie—ports as may be required by applicable State and Federal laws or regulations. SECTION 6 This resolution shall take effect and be in full '9?F force from and er its adoption and approval. Vote: Ayes — James L. Carroll3 Francis J. Dillon, Robert E. Hartshom., Leonard A. Scharringhausenp Charles P. Smith, James R. Young Nays — None Absent — None ADOPTED this 27th &V of Fsbruary� 1961 APPROVED this 27th day of FebruW: 1961 Charles A. Hod5g�� President Attest: Dolores L. Oberg Village Clerk #6-61