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HomeMy WebLinkAboutResolution No. 2007-015 Social Security Coverage for Elected Officials o� @ RESOLUTION NO. 2007-15 01 EXTENDING SOCIAL SECURITY COVERAGE City Of Edina TO ELECTED OFFICIALS WHEREAS, legislative changes made in 2006 to Minnesota Statutes Section 355 establish procedures that allow a governmental subdivision to extend full Social Security coverage to certain local elected officials who are members of, or are eligible for membership in, the Defined Contribution Plan administered by the Public Employees Retirement Association; and WHEREAS, the City of Edina desires to offer full Social Security coverage to its eligible elected officials. NOW, THEREFORE, BE IT RESOLVED, that the City of Edina does hereby adopt the following resolution: SECTION 1. It is hereby declared to be the policy of this governing body to extend the provisions of Minnesota Statutes Section 355, as amended by Chapter 271 or 2006, providing full Social Security coverage to eligible elected officials of the City of Edina. SECTION 2. In pursuance of said policy, this governing body hereby requests and • authorizes the execution of a divided vote referendum under Section 218(d)(6) of the social Security Act for the purpose of allowing current eligible elected officials the option of paying the Social Security and, if applicable, Medicare taxes imposed by the Federal Insurance contributions Act. The coverage of current elected local officials shall be effective as of for those eligible officials who vote "Yes"in the divided vote Social Security referendum. The referendum will be conducted pursuant to applicable state and federal regulations by a designee of this entity under the supervision of a representative of the Public Employees Retirement Association acting as the designated State Social Security Administrator. SECTION 3. The Public Employees Retirement Association is hereby directed to execute a modification to the Section 218 Agreement between the State of Minnesota and the Secretary of Health and Human Services to secure full Social Security coverage of the eligible elected officials who vote "Yes" in the referendum and all local newly-elected officials of this governmental subdivision. SECTION 4. Withholdings from the salaries of elected local officials for the purposes provided in this Resolution are hereby authorized to be made in the amounts and at such times as may be required by applicable federal and state laws and regulations. SECTION 5. Employer contributions shall be paid from amounts appropriated for such purposes and payment of employee and employer contributions shall be paid to the Internal Revenue Service in such amounts and at such times as are designated in Internal Revenue Code. City Hall952-927-8861 1 4801 WEST 50TH STREET FAX 952-826-0390 EDINA,MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379 SECTION 6. the City of Edina shall maintain such records and submit such reports as . may be required by the Public Employees Retirement Association or the Social Security Administration. SECTION 7. This Resolution shall take effect and in 11 force from and after its passage. ATTEST: City Clerk Mayor STATE OF MINNESOTA ) COUNTY OF HENNEPIN ) SS CITY OF EDINA ) CERTIFICATE OF CITY CLERK I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of January 16, 2007, and as recorded in the Minutes of • said Regular Meeting. WITNESS my hand and seal of said City this day of , 20 . City Clerk 2