HomeMy WebLinkAboutOrdinance_228_06/24/1975~ _ •
ORDINANCE N0. 22$
AN ORDINANCE OF THE VILLAGE OF TEQUESTA,
FIARIDA, RELATING TO MEMBERSHIP IN THE
FIARIDA RETIREMENT SYSTEM.
An Ordinance declaring the policy and purpose of the Village
of Tequesta, Florida, after holding a referendum of eligible officers
and employees, to extend. to the employees and officials of said Village
of Tequesta, Florida, not excluded by law, the benefits of the Florida
Retirement System, on the basis of applicable State laws and amendments
thereto, and. rules and regulations: authorizing and directing the
Mayor to execute agreements and amendments thereto with the Department
of Administration, for coverage of said employees and officials;
providing for withholding from salaries and wages of employees and
officials of said Village so covered to be made and paid over as
provided. by applicable State laws or regulations; providing that said
Village shall appropriate and pay over employers contributions and
assessments as provided by applicable State laws or regulations;
providing that said Village shall keep records and make reports as
required by applicable State laws or regulations:
NOW, TI~REFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, FIARIDA, AS FOLLOWS:
Section 1. It is hereby declared to be the policy and
purpose of the Village of Tequesta, Florida, to conduct a referendum
on the 28th day of Map 1975, among eligible officers and employees for
the purpose of permitting said officers and employees to elect to
participate in the Florida Retirement System as authorized by Chapter
121, Florida Statutes, and amendments thereto, whereupon all those
officers and employees, except those excluded by law, electing by
affirmative vote in said. referendum to participate in the Florida
Retirement System, snail become members of the Florida Retirement
System effective on the 1st day of October 19.75, and shall. participate
thereafter during their employment, and those officers-and employees
who elect not to participate in the Florida Retirement
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System shall sign an appropriate rejection ballot which shall be
attached to and. become a apart of the agreement with the State for
providing coverage under the Florida Retirement System. Those
officers and employees electing not to participate in the Florida
Retirement System who were umbers of a local retirement system on
the date of the referendum, shall be permitted to continue their
membership in the local retirement system for as long as their
employment continues. The Village of Tequesta will purchase full
past service credit for all employees entering into the Florida
Retirement System at October 1, 1975,
All officers and employees hired on and after the date of
the referendum and prior to date of participation shall be compulsory
members of the Florida Retirement System as of the effective date of
participation in the Florida Retirement System so stated herein.
All officers and employees hired after the date of participation
shall be compulsory members of the Florida Retirement System as of
their date of employment.
Section 2. The Mayor is hereby authorized and directed to
execute all necessary agreements and amendments thereto with the
Department of Administration for the purpose of extending the benefits
provided by the Florida Retirement System to the employees and officials
of this Village as provided in Section 1 and 2 hereof, which agreement
shall provide for such methods of administration of the plan by said
Village as are found by the Administrator of the Florida Retirement
System to be necessary and proper, and shall be effective with respect
to any employment covered by such agreement for services performed on
and after the lst d.ay of October, 1975.
Section 3. Withholding from salaries, wages, or other
compensation of employees and officials for the purpose provided in
Section 1 hereof are hereby authorized to be made, and shall be made,
in the amounts and at such times as may be required by applicable
State laws or regulations, and shall be paid. over to the Administrator
designated by said laws or regulations to receive such amounts.
Section 4. There shall be appropriated from available
funds, derived from general revenues of the Village such amounts and
at such times as may be required to pay promptly the contributions and
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assessments required of the Village of Tequesta, which shall be paid
over to the lawfully designated Administrator of the Florida Retire-
ment System at the times and in the manner provided by .law and regulation,
Section 5. The Village of Tequesta, Florida, shall keep such
records and make such reports as may be required by applicable State
laws or regulations, and shall adhere to all law and regulations
relating to the Florida Retirement System.
Section 6, The Village of Tequesta, Florida, does hereby
adopt the terms, conditions, requirements, reservations, benefits,
privileges, and other conditions thereunto appertaining, of the
Florida Retirement System, for and on behalf of all officers and
employees of its departments and agencies to be covered under the
agreement.
Section 7, The Treasurer of the Village of Tequesta,
Florida, is hereby designated the custodian of all sums withheld from
the compensation of officers and employees as authorized herein and
of the appropriated funds for the employers contributions as
provided in Section 5 hereof. Also, the Village Manager is hereby
designated the withholding and reporting agent and charged with the
duty of maintaining records for the purposes of this ordinance.
Section 8. This ordinance shall take effect upon its
approval and publication as required by law.
PASSED AND APPROVED THIS 24 DAY OF June ,
1..975 ,
Approved:
-~'-"' "
M ao r ~` ~°
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Attest: ''°j
Villa Clerk
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