Loading...
HomeMy WebLinkAboutResolutions - 1979.10.31 - 12489t\taverrler 1, 1979 BY: John J. McDonald, County Commissioner-District ff27 RE: TERMINATION OF SOCIAL SECURITY AGREEMENT TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS, 42 United States Code 418 IQ (hi) (13)1 permits termination of the Social Security Agreement; and WHEREAS, it may be in the best financial interest of both the employees and the county to terminate andwithdraw from Social Security; and WHEREAS, it is necessary for the county to inform Social Security of its intent by giving a two-year notice; and WHEREAS, the county may withdraw its intent before the two-year notice becomes effective. NOW THEREFORE BE IT RESOLVED that the County Executive is hereby requested to take the necessary action to execute a notice of intent for the county to terminate and withdraw from Social Security before December 31, 1979. BE IT FURTHER RESOLVED that the Personnel Committee take the necessary action to determine if there are any reasons the employees or the county may want to rescind the notice before it becomes effective. Mr. Chairperson, I move the adoption of the foregoing resolution. John d J.-McDonai 4*.‘V County Commissioner, District #.27 #9195 November 1, 1979 Moved by McDonald supported by Patterson the resolution be adopted. The Chairperson referred the resolution to the Finance Committee and Personnel Committee. The Finance Committee will be the steering committee. There were no objections.