130 of 1986 - Conversion to the Public Employees Noncontributory Retirement Act R 86-1
R 86-9
RESOLUTION NO. 130 OF 1986
(CONVERSION TO THE PUBLIC EMPLOYEES
NONCONTRIBUTORY RETIREMENT SYSTEM )
WHEREAS, the Public Employees Noncontributory Retirement
Act, 49-10a-1 , Utah Code Annotated , 1953, as amended , ( "the Act" )
created the Public Employees Noncontributory Retirement System
( "the System") ; and
WHEREAS, the Act makes participation in the System optional
for political subdivision ; and
WHEREAS, the Act allows a political subdivision to elect
participation by enacting a resolution to that effect; and
WHEREAS, the Act requires that prior to enactment of the
resolution electing participation in the System the political
subdivision shall hold a hearing , notice of which shall have been
mailed to all employees within 30 days of the hearing containing
the time , place and purpose of the hearing , at which all
employees of the political subdivision shall have been given an
opportunity to be heard on the question of participating in the
System; and
WHEREAS, the City held a hearing in ccmpl fiance with the
requirements of the Act and has elected to participate in the
System .
NOW, THEREFORE be it resolved by the City Council of Salt
Lake City, Utah, as follows :
1 . That the City , as a political subdivision, elects to
participate as a local goverment unit in the System .
2. That the City hereby incorporates all the terms and
conditions of the Act.
3. That the Mayor, or upon his designation, the manager of
the Risk Management Division, are hereby authorized to execute
any and all documents or take any other action necessary to
accomplish conversion to the System.
This Resolution shall take effect upon its adoption.
Passed by the City Council of Salt Lake City, Utah,
this 21st day of October, 1986.
CHAIRMAN
APPRC`W-D A5 TO FORM
ATTEST: Snit Lakin°.;i<< Uce-ne 's Office
Cate
By
CI Y RE R ER
APPROVED by the Mayor this 21st day of October, 1986.
MAYOR
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