Loading...
HomeMy WebLinkAboutCC RES 65-009 RULES CHHANGES IN PERA ACT Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII 105216 Box: 34 Folder: CC RES 1965 Document: CC RES 65-009 RULES CHHANGES IN PERA ACT RESOLUTION 65-009 RESOLUTION REQUIESTIDIG RULES PROPOSED B-1 TH SECRETARY hi;D TIM, BOARD RELhTING TO TEEPORARY ZD OCCASIONAL EI;PLOYE S UNDER PUBLIC LEPLOYEES RETIRENILNT ASSOCLMON "CT WHEREtiS the Secretary and the Board of Public Employees Retirement Association has promolgated Rule 2 REPORTING OF EI,iFLOYS for the alleged purpose of providing a uniform guide for reporting new public employees and causing proper deductions to be made from their compensation for the benefit of the retirement fund and, .�HLR.j,S under Subdivision 3, Section 6, the board and the secretary have defined temporary, emergency and seasonal employees to include employees working 60 or more days or employees earning in excess of 45 in any one month, and WHERE.i,S this rule imposes a hardship upon employers by requiring a disproportionate matching amount plus 21%, totaling 81%, to be deducted on behalf of such employees, and 'WHEREAS the result of Rule 2, Reporting of Employees, Subdivision 3, Paragraph 6, shall cover employees under Public Employees Retirement Association who have no intention nor desire of securing the benefits; therefore allowing the Village's contribution to be applied against the unfunded deficit projected for the Association rather than protect any particular class of employees, • NOiJ THERiFORE BE IT RESOLVED that the Village Council of the Village of St. Anthony respectfully request the secretary and the board of trustees of the Public Employees Retirement Association to review and revise Rule 2, Reporting of Employees, Subdivision 3, Paragraph 6, requiring all municipalities to maintain employees of temporary, emergency or seasonal nature for a period of 90 days in any one calendar year regardless of the amount of compensation earned without causing deductions to be made from the compensation for the benefit of the Retirement Fund and without requiring a contribution in the amount of 82% on any such employee expected to be made by a municipality, AND BE IT FURTHER RESOLVED that copies of this Resolution attested by the Village Clerk shall be sent to the Senator and Representatives from this District and to the executive secretary of the Association and to the Probers of the Association's Board of Trustees, Dated this 26th day of January, 1965 Attest: ��y ••� MAyor Clerk Approved as to form and legality: let Ma r Village Attorney