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Resolution 2022 - Public Employees Retirement FundR �.';�OLTTHON W. 2022 0 �. L� Z'LL, T, () N WMIPRi,PAS, THE CITY COMICIL OF Tfii�f CITY F K�,= P, ' 1 NTA A ON TH12, 7th day of June, 1946, adopted as Resolution of In- tention to establish a Retirement System for the employees of sue,11 City upon the identical terms, conditions, rights, nrivileges and plan provided by the Public Employees Re- tirement Act to become offective July let, 1946, as will more fully appear by the orieInal Resolution Of Intentions herein referred to for particulars, and WHERI-IS, an election was held on the 11�th day of June, 1946, between the hours of 9-.00 a.m. and 5:00 p.m. in the office of the Clerk of -,aid City of Kalispell and the total. voto cast at slIch ejection �qas M. of which number 32 iotod in favor of said 'Jesolution, anz None voted as op7osing said I �orlty of the �ligih Resolution, and, that a may le individual employees affected by such Resolution thereby voted in favor of participating in said 7ietirempnt System, and ?11:171,RTAS, the Certificate of the Clerk of City of Kalispell filed with this Council shows that 41 employees are eligible for membership in said Retirement System; that 4 employees indicated by signing a Statement oft',Iithdrawal an the Reverse of their 'employees Statement of ,,m_ploy�ient CZecord (PERS-1) Card that they did not desire to participate In such -Ratirement Systeri; that more than 75% of the ell ' Fible employees have, signed up as desiring membership and parti- cipat-4on in the Public Zmployee Retirement System, NOW TH_eRi 110R[P,: B] IT H:�MBY R.aiMOVTZ, that the I.Tayor and. City Clerk be and they are hereby authorized and directed to execute and siL�n on behalf of the City � of Kalispell with the Board of 1id- ministration of the Public -Employees Retirern.qnt System, of the State of TvIontana, a contract carrying out the pur- pose and extent of this Resolution; that all of the right, duties, privileges, benefit$ and payments provided by the Public Employees Retirement Act (Chapter 212 Session Laws of Montann, 1945) shall apply to those employees of this body who have not withdrawn from participation therein; that such contract shall apply as of the Ist day of July, 1946; that the City Clerk shall withhold and deduct from the salaries earned and paid to such employee member of the Syata= the rate of normal contribution prescribed by Regulation No. 2 of the Dotard of Administration of the Public Employees Retirement System, and shall deduct each year from the first salary earned and paid to such employee member the membership fe-� of $1.00 for the f1scel year as provided In Regulation No. 5 of said " Poard; that this body hereby contracts with and binds the said City of Kalispell to -pay over the sun of three percent (3%) on the',total amount of the salaries earned and paid to such employee members of the Retirement System to said. Board of Ad- ministration, at such tinies as the amount thereof shall be dotermined, reconciled. and reaquested by said Hoard of Administration; that in the event svibs,�quont Legizlativ,a Assemblies of the State of I'lontane, shall amend the said Public _1i,-2playaes Retirement Aot as to its benefits, rig,!its payments or the contribution rate applicable, to the Stat,, of Montana, or its political subdivisions and public agencies, the contract hereby estpblished and set up shall be amended to corresDond thereto and such amendments shall be made a nart of this Resolution and contract thareiinder. Passed and approved this 1st day :of Tuly, 1946. D. S. Cayr,.Oron M'ayor Pittest - It. Brewer City Clark I, C. H. Brewer, Clerk of the City of Kalispell do hereby certify that the above, re.,zolution m-s tidopted by the, Council of said City at a meciting held this Ist Clay of Ju2y, 1-946. C i t, 17C =1