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Home My WebLink About1969-07-28Meridian Ci.Hall- Speci Meeting called to o er the Don . Sto o tici L t JoMarvin Boh El1isYEKeiCouncen present:Id. D. ethe Citmater ofCouncil studied onble di u Ader favowashat a na oritined nt sys l1The eetem n taken and it ras a reti has b cert c s progranr.hrith hnN Yarroand seconded JMarBodTI'totion was made b accetateblic retirement stheMeridian enter intoitvo 811 Yotionpassed. Skiver 1. NavarrBoditYe Cosedblr uunimous vote of M r er written by Wayne ver I I I I I I 4 I I II I I I I I II I I I I I R.S. l7 "._,5-lM RESOLUTiON ANO APPLICAIION A RESoLUTI0N authorizing and approving participation in the Publ ic Employee Retirement System of Idaho and APPLICATIoN for admission. BE IT RESOLVED BY _ Clty ot *r'ir" - THATof the Sta THAT APPLICATION is hereby made for membership in the Retirement System of Idaho to be effective -,*ir- r^^ Pa ssed thi s . tr day of 7'tr - e7 a pol i tical subdivi sion the participation and Public Employeelegr-' r9 t9- of Merid ian te o Ida o,ere y au ori zes and approves membership of its eligib'le employees in the Publ ic Employee Retirement System of ldaho pursuant to Tit'le 59, Section 1309, Idaho Code, and authorizes the expenditure of the necessary funds to cover the cost for such participation in the System" THAT the officers with authority to transact business are hereby author- ized to enter into a contract with the Publ ic Employee Retirement System of Idaho and execute such other documents as may be required to participate in the System. 1 t o t ract i ng Po ca I Subdi vi si ont B Attes:3 or B car a'l rma n or li e of f i cer C er cretary or of f i cer AS FOLLOIiS: 4( 7- >r- 6l R. S 178 11-66- lM PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO 812 BANK OF IDAHO BUILDING BOTSE, rDAHo 8370 2 With respect to the contract between the Public Employee Retirement System of ldaho and Clty of l{orl .tla! (Political Subdivision) it is hereby certifled that the Notj.ce and Hearing requirements of Sectlon 59-1309 have been courplied with, Notlce of lntention to participate in the Retirement System has been furnlshed the eLiglble employees, an election has been conducted and a major- ity of the eligible employees have voted in favor of such partlcipation. Clty of }torldlan (P itical Subdivision By ) a rman ,Mayor o ke ffirt-) Attest: ( Cler ecretary or like ff.er)c Dared: 28th dc ol Le59- CERTIFICATION 0F I\-OTICE & HEARING I ,7'+8't"7 R. S. l7A-10-67-lM DON SAMUELSON Governor BOARD MEMBERS : Ralph F. Gibson, Chairnan Marshall Edson ceorge A. Greenfield Howard Hechtner Wayne Sumners T F. TERRELL ExecuE ive-Secre tary PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO State House Phone 344-5811, Ext. 571 Boise, Idaho 83707 CONTRACT THIS AGREEMENT, by and between aa5- -, lr^-r rr -- l9 hereinafterca11edthe',c@dtheRetirementBoardoitlreiub1ic Enployee Retirement System of Idaho, hereinafter called the "Boardrr: WITNESSETH: That the parties hereto mutually covenant and agree: 1. The ri8hEs, benefits, memberships, payments, duties and obligations wtth respect to membership and participation in the Public Employee Retirement System of Idaho (TiE1e 59, Chapter 13, Idaho Code, as amended) sha11 apply to the employees of the Contracting EmpJ"oyer upon the identlcal terms and conditions as set forth in said Act made and entered into this _ag*_. dal of for other employees effective as of the r-^ day of such date being stipulated as the date of SiiaUlish*'i*fi-",...en r said Contracting 2. The C1erk, or other like offi.cer, of the Contracting Enployer shall deduct and withhold from the salary payments earned and paid to each of the employees of the Con- tracting Employer, who are eligible for membership in the Retirement System, and al1 eligible en::loyees employed after the contract date, the monthly contributions provided by 59-1304 and 59-1305; deductions to be made on each and every salary payment made for services rendered by the employee member from and after the date of establishnent set forth above. 3. On the first. of each month afLer the date of establishment, the clerk, or other 1lke officer, of the Contracting Employer shall prepare and mail to the Board a full, true and complete statement, on forms provided by the Board, of aLL indivldual employees of the Contracting Employer showing the Eotal amount of salaries earnetl end paid during the previous calendar month to all of the employees of the Contracting Employer and shal1 indicate and show Ehereon the amount of contributions deducted and withheld from salaries earned and paid to the employees who are members of the Retire- ment Sys tem, 4. The Contracting Employer herein agrees to pronptly, on the first of each calendar month, pay over to the Board such contributions as sha1l be deducted and with- held from employee members of the System as shall appear ln the monthly report described in Section 3 of this Agreement and as provided by 59-1332, Idaho Code, as amended, -2- B Mayo oar d al rman ,orl B a rman ATTEST: 7- zr't7 is said yees the as 6. Any amendments nade by the Idaho Legislature to Title 59, Chapter 13, Idaho Code, as amended, shal1 immediately apply to and become a part of thls contract, and shall amend the saue accordingly. l. Prlor service credits as defined by the Act sha1l be allowed to be accumulated to July 1, 1965. Membership service from July L, L965, to date of establishment will be credited provided the employee and the ConEracting Employer make Ehe required contri- butions from July 1, 1955, to the date of establ,ishment. 8, This conFract sha11 have no effect until notice and hearlng regarding afforded to employees of fhe Contracting Enployer nor shal1 it be effective unt Contracting Enployer notifies the Board, ln wtiting, that a Eajority of the enp have voted in favor of participating in the Retirement System. 10. This contract shall not be cancelled, amended or abrogated by any act of parties hereto except as may be provided for in Title 59, Chapcer 13, Idaho Code, amended . tr 11 1o 9. If any existing retirement program presently operated in whole or in part by the Contracting Employer i.s to be superseded by thls Rdtirement System, which decisions shal1 be at Ehe sole option of the Board, the Contracting Employer hereby agrees to the appropriate funding of any accrued benefits as may be determined by the Actuary employ- ed by the Board, the expense of such determlnation and cost of funding accrued beneflts to be borne by the Contracting Employer in addition to any other contributions heretofore agreed Eo. IN I4IITNESS WHEREOF, the parties to thls Agreement have hereunto caused thelr names to be affixed by duly authorized officers this 28th day of July , Lg_Sg_, Contr Ct ng Ernployer 1q f f icer ATTEST: Clerk o ike of f icer RETIREMENT BOAR.D OF PUBLIC EMPLOYEE SYSTEM OF I Executive Secretary R. S. 174-10-6 7-1M 5. The Contracting Enployer agrees to pay over to the Board, the strms as deter- mined by the Board present and in the future, as provided by 59-1330 and in accordance wlth the provisions of 59-1332. June 1r, 1959. T0: The Mayor and City Courcll The enployeeo of the City of Mcridlan have a pctition slgned by the MaJority, of those workJ.ng fo! tbe Ci.tJr requesting that they be pLaced uuder the State retirenent systcm. Ior lilany years the naJori-ty of the employeeo havo desired thLe fringc bencflt, ubieh is nor enjoyetl by many othcr cities of the Statc along vlth other taxing identies in the Treasure Valley, including a fcu: Bolee, Naopa., CalducJ-}, AiIa County, Meridlan Schoo1 District, Neu Plymouth, Notue, Middleton, Ada County Fair Board, Bench Sewer Dist- ricti Narpa-Meridian Irri.gation Distrlct and others. Thc strong majority prrcentaac of enployees voting for thls pro- posal are all uilling to have their costs vltheld fron their salaries though additional help fron the Council vould bc gratefully acccptetl. Uc fccl, that in the over-al1 picturc of financing that this evcn though this vould be a cost to the City, it nould bc an investment in thc future. Any cmployee living to retirement v111 spead their retirc- nent moneys rlght back into this comnunity thu6 BtreDgthetrlng thc econ- omy of the timee. Certainly they w111 not have to resort to relfare in thei-r last days, or bccoae a burden on the society. Thcrcforc: ye plcad rith you the Mayor and Council to takc tbe Deccssary stcps to put the Ctty into the Statc Retircment progran uith- out dclay. Respectfully eubmittctt Majori-ty of Enpl,oyeea Names on file uith the Ci.tY l/orks DePartlaeat \J \j/ U" the undersigned eti-gible employees a6k that the City Council take the necessary steps to pl-ace the City Enployeea in thc Statc re- tirenent plogran r at thc earLlest tinc. %.1etZ,,z*^-Datc 4lc.-r- ? 4qo-t.9 .1-/c-b? :r,/a - /.1 ,f'/C 't y 8-tz-l? / - // / c.le ,/ /. G,/ *9.nu^)I t. f:/.^r-^A -4 -..l : --,. Ellglbre Enployees v / Neal Hudeon 2 Bt"uce S tuart 3 Herald J. Cox +Gene ELner 3:Alex Ulnn 4 Oral Colenan 7lloLen Rykcr 7 Nornaa Brora ? bbei E/wati5