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HomeMy WebLinkAboutResolutions - No. 4071RESOLUTION NO. 4071 A RESOLUTION REQUESTING TERMINATION OF THE SOCIAL SECURITY OLD -AGE, SURVIVORS, DISABILITY, AND HEALTH INSURANCE AGREEMENT BETWEEN THE CITY OF LODI AND THE STATE OF CALIFORNIA WHEREAS, the City of Lodi, hereinafter referred to as "Public Agency", and the State of California entered into an agreement on June 1, 1956 and December 21, 1959, 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 agree- ment 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 specified 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; 407 1 Page No. 2 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lodi. find and it 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, Henry A. Glaves, City Manager be, and he is hereby authorized and directed to notify the Board of Administration of the Public Employees' Retirement System of termination of the Agreement of June 1, 1956 and December Ll, 1959 between the Public Agency and the State of California, as required by law, effective June 30, 1977; 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, 1977; 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. Dated: June 4, 1975 4071 Page No. 3 I hereby certify that Resolution No. 4071 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 4, 1975 by the following vote: Ayes: Councilmen - Ehrhardt, Hughes, Katnich, Pinkerton, and Schaffer Noes: Councilmen - None 407 1 Absent: Councilmen Yew` •r Alice M . R.e1x"#�r��r-he City Clerle 4' 407 1