Resolution 2016 - Resolution of Intent - Public Employees Retirement FundR;1ISOLUTION NO. 2016
RESOLUTION OF IN""ENTION TO CTRIPAT:� PubLIC El.:P1,0y.4�,S FuND.
BE IT Ri],SOLVIM BY THE CITY COUNCIL OF =H,' OTTY OF X-PiLISPiZL, MONTPITA:
Section 1. W117.11EAS, t'he Public &nployees Retirement Act (Chapter
212 Session Laws of Montane, 1ID45) provides for the establishment of a
Retirement Plan for employees of certain Public Agercies, and
Section 2. the Board of Administration of the Public
thployees Retirement Syster. has adopted a Resolution providing for
the participation in said Systerq of Cities, Counties, School Dis-
tricts and other public agencies under certain conditions as follows,
"Any County, City, School District or other public agency may
contract with the Board of Administration of this System
whenever it shall be made to appear that 75% of the qualified
nembers of such public agency have indicated by signing an
11�1,mployees Statement of ��mployment Record (P?��rs-l) Card" and
attached thereto a statement that they desire to participate
in the 11atirement System as it is established by Chapter 212
of the Session Laws of 1945. The proper legislative body
such as The Board of Commissioners, City Council, board of
Trustees or other like nuthority shall there -upon adopt a
resolution setting into affect such a contract. The contract
thus effectuated shall be upon the terms and conditions, rates
and other factors 99 they appear in the State Law. The
employa,7�s affected will be require 'd to pay the 41.00 membership
fee and the, rstes set forth in ReCulation No. 2 and No. b as adopted
by the Board. of Administration. The County, City, School
District, or other Public Agency will be required,to pay the
3% State portion tax to the funa. The said contract will also
provide tnat any anendnent to the law by the Stete Legislature shall
likewise amend the contract existing with a Public Agency to the
same extent."
Section 3. 11FEMEAS, the employees of the City of Kalispell
have exrressed a desire to participate in said. Rptiren,,ent Plan,
NOW T1114�'RIFORE 13E IT 1?]SOUIEED that the City Council of the City of
Kalispell, Montana hereby declares its intention to set up a Retire-
nient Plan for its orrployees upon the identical terms, conditions,
rights, privileges, and Plan provided by tho, Public =ployees _Rotire-
ment Act to become effective July 1, 1946.
BE IT FT)RTHER R-5�SOLV�',T)* That an e1r,.ction shall be held on the
day of June, 1946 between the hours of 9:00 A. 1'. of sRj(,, day and
11. Y. of said day in the office of the Cler, a t which election all.
oualified ein-ploypes shall be recuested to vote upon the above entitled
natter on the followin(, ballot:
BALLOT
Shall. the city of Kalispell participate in the Public
'�nT_.)Ioyees Retiren.ent Systerr. estb_1.Jshc-,d b,, the Law ,�,,Ith
respect to its enployees upon the same terms, conditinns,
rivhts, privileCes, -)ayments, benefit,� and qualifications
as arpear- in said statute.
Yes.
No.
B�11'1 IT F1JRT,1TeR RSSOLV'0- That the City Council of the City
of Kalispell, Montqna will hold a n,,�eting thereon on the first day of
July, 1946 for the purpose of canvnssing the result of -aid election
and adopting, of %i Resolutior in ai�,cordqnoa with the tnbulsted
votes of the participants of said election.
Passed and approved this 7th day of June, 1946.
D. S. La_rlerorl
Ylayor
Attest: 0. H. Brewer
City Cler
T. C. H. breN,%ler, Clerk of the City- of Kalispell do hereby
certify that the above resolution was adopted by the
Countil of said City at a me t' h
eld this 7th day of June, 1946
-City Clerk of the City of Kalispell, Lont.