HomeMy WebLinkAboutRESOLUTION - 5-60 - 4/25/1960 - FEDERAL OLD AGE & SURVIVOR INSUR BENE RESOLUTION N0. 5-60
RESOLUTION AUTHORIZING THE EXTENSION TO ELIGIBLE
EMPLOYEES OF FEDERAL OIL AGE AND SURVIVOR INSURANCE
BENEFITS
WHEREAS, the President and Board of Trustees of the Village of
Elk Grove Village, Cook County Illinois, believe it to be to the best
interest of the Village of Elk Grove Village that eligible employees re-
ceive the benefits of Federal Old Age and Survivor Insurance;
NCW, THEREFORE, BE IT RESOLVED by the Village of Elk Grove
Village, Cook County, Illinois:
SECTION 1 It is hereby declared to be the policy and purpose
of the Village of Elk Grove Village to extend to the eligible employees
thereof, effective as of January 1, 1960, 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 Village,
Cook County, Illinois, is hereby authorized and directed to execute an
agreement with the State Employees Retirement System of the State of
Illinois to secure coverage of eligible employees as provided in Section 1
hereof.
SECTION 3 Withholding from salaries or wages of employees for
the purposes provided in Section 1 hereof, are hereby authorized to be
made in the amounts and at such times as may be required by applicable
State and Federal laws or regulations, and shall be paid over to the
State Agency in such amounts and at such times as are designated by
State laws or regulations.
SECTION 4 Employer contributions and administrative expenses
shall be paid to the State Agency in accordance with applicable State
laws and regulations from amounts appropriated fur such purposes.
SECTION 5 The Treasurer shall maintain such records and sub-
mit such reports as may be required by applicable State and Federal
laws or regulations.
SECTION 6 This resolution shall take effect and be in full
force from and after its adoption and approval.
Vote: Ayes - James L. Carroll, Francis J. Dillon,
Robert E. Hartshorn, Leonard A. Scharringhausen,
Charles P. Smith, James R. Young
Nays - None
Absent - None
ADOPTED this 25th day of April, 1960
APPROVED this day of , 1960
Charles A. Hod3mairp President
Attest:
Dolores L. Oberg
Acting Village Clerk
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