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HomeMy WebLinkAboutResolutions - 1964.06.22 - 20411Miscellaneous Resolution 4331 June 22, 1964 BY: Mr. Levinson IN RE: ADOPTION OF RECIPROCAL RETIREMENT ACT TO THE OAKLAND COUNTY BOARD OF SUPERVISORS Mr. Chairman, Ladies and Gentlemen: WHEREAS, Act No. 88 of the Public Acts of 1961, known as the "Reciprocal Retirement Act", being Sections 4. 1601-5 M.S.A., provides a method whereby a member of one "reciprocal retirement system" with 5 or more years of service may, upon transfer to another "reciprocal retirement system", within a 5-year period, through a process of tacking of such combined services, maintain his retirement rights under the respective systems involved so as to qualify for a pension from each of the systems upon his final retirement in accordance with the conditions and procedures of said Act; and WHEREAS, the Act provides that the County of Oakland may by maiority vote of its governing body, namely, the Oakland County Board of Supervisors, come within the provisions of the Act; and WHEREAS, the Oakland County Employees' Retirement Commission deems the adoption of this Act to be to the best interests of the County of Oakland and its employees under the Oakland County Employees' Retirement System; NOW THEREFORE BE IT RESOLVED that this Board elect to have the provisions of Act No. 88 of the Public Acts of 1961 made applicable to its employees under the Oakland County Employees' Retirement System as provided for in Section 4.1603, Subsection (2) of said Act. BE IT FURTHER RESOLVED that, pursuant to Section 4.1603, Subsection (3), a certified copy of this resolution be filed with the Secretary of State by the County Clerk within 10 days of its passage by this Board. RETIREMENT COMMITTEE /-- David Levinson , j-1,41e MR. CHAIRMAN, on behalf of the Oakland County Employees' Retirement Commission and the Retirement Committee, I move the adoption of the foregoing resolution. #4331 -Delos Hamlin Moved by Levinson supported by Mitchell the resolution be adopted. A sufficient majority having voted therefor, the resolution was adopted. MICHIGAN 4 8 91 8 THE CAPITOL LANSING Maui !] C> M I CHIGAN DEPARTMENT OF STATE JAMES M. HARE • SECRETARY OF STATE GORDON TRAYE FRANK J. SIERAWSKI Deputy Secretary of State Assistant Secretary of State MF:ar ' sors ,:.1Dted Employees Retirement System be- ie Reciproc Very truly yours, obr cc: WATER TITN.DI5RLAND