ORDINANCE NO. 1996

 

AN ORDINANCE AUTHORIZING THE ESTABLISHMENT OF A PLAN OR SYSTEM PURSUANT TO SECTION 24-51-704(5), COLORADO REVISED STATUTES 1973, AS AMENDED.

 

WHEREAS, the 50th General Assembly of the State of Colorado, in regular session, enacted Chapter 223, 1975 Session Laws, to authorize a political subdivision to establish a plan or system, as required under Section 209(b) of the Social Security Act, as amended, whereby such political subdivision may exclude from wages, for social security reporting purposes, such payment made under such plan or system provided such plan or system is approved by the Division of Employment and Training of the Department of Labor and Employment; and

 

WHEREAS, it is the opinion of the City Council of the City of Grand Junction that such plan or system will be of benefit to the City of Grand Junction by alleviating its costs for personal services of its employees; and

 

WHEREAS, such plan or system will be of benefit to employees of the City of Grand Junction;

 

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO AS FOLLOWS:

 

That a plan or system shall be established to exclude from wages, for social security reporting purposes only, the amount of any payment made by the City of Grand Junction (including any amount that may be paid for insurance or annuities, or into a fund, to provide for any such payment) made to, or on behalf of, an eligible employee or any of his dependents as the plan or system may provide, on account of (1) retirement, or (2) sickness or accident disability, or (3) medical or hospitalization expenses in connection with sickness or accident disability, or (4) death, and that for sick pay purposes (as defined in Section 24-51-701[6.5], Colorado Revised Statutes, 1973, as amended [1975 Supp.], such plan or system shall provide specifically for sick payments, or that funds used are appropriated solely for sick payments, or that sick payments are made from a separate sick pay account and that such sick pay account may be used to make sick payments directly to the employee or to reimburse the salary account if sick payments are made from the salary account. The City Finance Director shall be designated as the responsible party under the state law for the purpose of administering this plan or system. That such plan or system shall be effective and retroactive to January 1, 1977.

 

PASSED and ADOPTED this 2 day of September, 1981.

 

Louis R. Brach

____________________

President of the Council

 

Attest:

 

Theresa, F. Martinez

____________________

Deputy City Clerk

 

I HEREBY CERTIFY that the foregoing ordinance, being Ordinance No. 1966, was introduced, read, and ordered published by the City Council of the City of Grand Junction, Colorado, at a regular meeting of said body held on the 19 day of August, 1981, and that the same was published in The Daily Sentinel, a newspaper published and in general circulation in said City, at least ten days before its final passage.

 

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said city this 3 day of September, 1981.

 

Theresa F. Martinez

____________________

Theresa F. Martinez

Deputy City Clerk

 

Published: August 21, 1981

 

Published: September 4, 1981

 

Effective: October 4, 1981