HomeMy WebLinkAboutResolutions - 1974.12.19 - 15044December 19, 1974 RESOLUTION NO. 6937 RE: AMENDMENT TO OAKLAND COUNTY EMPLOYEES RETIREMENT PLAN BY: PERSONNEL PRACTICES COMMITTEE TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, the Personnel recommendations of the 1975 Budget provide for the elimination of the 6% employee contribution to the Oakland County Employees Retirement Plan by those members who are not represented by a County collective bargaining unit; and WHEREAS, it is necessary to amend the retirement plan to effectuate this recommendation. NOW THEREFORE BE IT RESOLVED that the Oakland County Employees Retirement Plan be and the same is hereby amended by striking in its entirety the present 38(b) and inserting therein a new 38(b) to read as follows: "Employees Savings Fund: Section 38. (b) A member's contribution to the retirement system shall be 6% of his compensation, provided that effective January 1, 1975, all members not represented by a County collective bargaining unit shall not be required to contribute to the retirement system." The Personnel Practices Committee, by Mr. Paul E. Kasper, Chairman, moves the adoption of the foregoing resolution. PERSON4L "RAC •S COMMITTEE 4ir Pa 1 E. Kasp-f, ' airman #6937 Moved by Kasper supported by Berman the resolution be adopted. AYES: Vogt, Walker, Wilcox, Berman, Gabler, Hobart, Hoot, Houghten, Kasper, Lennon, Mathews, Moffitt, Nowak, Olson, Perinoff, Pernick. (16) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. a STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do hereby certify that I have compared the annexed copy of Resolution #6937 adopted by the Oakland County Board of Commissioners at their meeting held on December 19, 1974 with the original record thereof now remaining in my office, and that it is a true and correct transcript therefrom, and of the whole thereof. In Testimony Whereof, I have hereunto set my hand and affixed the seal of said County at Pontiac, Michigan 20th December la 74 , this day .......... pe.i..000Of Lynn D. Allen................. ..... Clerk By....... ............. ............Deputy Clerk