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HomeMy WebLinkAboutResolution No. 2788 RESOLUTION NO. 2788 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY REQUESTING TERMINATION OF THE SOCIAL SECURITY (OLD -AGE, SURVIVORS, DISABILITY, AND HEALTH INSURANCE) AGREEMENT BETWEEN THE CITY OF DOWNEY AND THE STATE OF CALIFORNIA WHEREAS, the City of Downey, hereinafter referred to as "Public Agency ", and the State of California entered into an agreement on November 5, 1964, providing for the inclusion of the services of eligible employees of the Public Agency in the California State Social Security Agreement of March 9, 1951, pursuant to the provisions of Section 218 of the Social Security Act; and WHEREAS, coverage of such services under the said agreement between the Public Agency and the State of California has been in effect for not less than five years from the effective date of coverage speci- fied in said agreement, as required by law for termination of coverage; and WHEREAS, it is understood that if the said agreement between the Public Agency and the State of California, and the California State Social Security Agreement with respect to the Public Agency, are terminated, the Public Agency may not again enter into an agreement with the State to provide for inclusion of the services of its employees in the California State Social Security Agreement. NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby finds that it is in the best interest of the Public Agency to terminate said agreement with respect to all coverage groups thereof; and BE IT FURTHER RESOLVED, that the Authorized Agent of the Public Agency be, and he is hereby authorized and directed to notify the Board of Administration of the Public Employees' Retirement System of termina- tion of the agreement of November 5, 1964, between the Public Agency and the State of California, as required by law, effective June 30, 1975; and BE IT FURTHER RESOLVED, that the said Board of Administration be, and it is hereby requested to take such action as is required to effect termination of the California State Social Security Agreement of March 9, 1951, with respect to all coverage groups of the Public Agency, effective June 30, 1975; and BE IT FURTHER RESOLVED, that the Authorized Agent of the Public Agency be, and he is hereby directed to forward to the Board of Administration a certified copy of this Resolution. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 24th day of April,1973. alcit"..t..)11- Mayor ATTEST: City Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting thereof held on the 24th day of April, 1973, by the following vote, to wit: AYES: 4 Councilmen: DiLoreto, Jennings, Winton, Morton NOES: 0 Councilmen: None ABSENT: 1 Councilmen: Temple 4 y! City Clerk