HomeMy WebLinkAbout74-38
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AMENDE01:~1 .
"i -051
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THE CORPORATION OF THE
TOWN OF NEl-lCASTLE
By-Law Noo 7l~-38
Being a by-law to authorize participation in
the Ontario Municipal Employ~cs Retirement
System.
WHEREAS pursuant to Section 14 of the Ontario Municipal Employees Retirement
System Act, RoSoOo 1970, as ar.cnded, a municipality or local board may by by-law
or resolution elect to participate in the Ontario Municipal Employees Retirement
System and pay to the Fund the total of the employer and empl~yees contributions,
and has all the powers necessary and incidental th~reto:
NOW THEREFORE be it enacted ~s a by-law of the Corporation of the To'~ of
Newcastle - (Herein called the Employer) as follows:
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10 The Employer hereby elects to participate in the Ontario Municipal Employees
Retirement System as of the first day of February, 1974 (herein called the
effective date) and authorize the Treasurer to submit this election in
writing by pr~vision of a certified copy of this by-law, to the Secretary-
Treasurer of the Ontario Municipal Employees Retirement Boardo
20
Every employee of the Employer 11ho on December 31, 1973 was employed by
the Township of Darl'ington and Tm-m of Bo..nnanville and who was or was
entitled to become a member of the Ontario Municipal Employees Retirement
System on December 31, 1973 shall continue such membership or membership
entitlement from January 1, 1974 while employed by the Employero
30 Subject to Subsections 2 and 3 of Section 7 of the Regulations issued under
the Ontario Municipal Employees Retirement System Act, RoSoOo 1970 as
amended, an employee who is entitled to become a membe~ becomes a member
on the first day of the month follo,'TinZ the month in which his application
is received by the Executive-Director, provided that the Executive-Director
may at the request of the employer fix an earlier day on which the employee -1
becomes a member but not before the day on which the employee became entitled
to be a member or the first day of January in the year in which the
applicati~n is received by the Executive-Director, whichever is the later
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40 Subject to Clause 2, every person Mho becomes an employee of the Employer
on or after the effective date if he is employed on a continuous full
time basis shall, as a condition of his employment become a member of the
System .r if he is already a member resume his contributions to the System,
on a day fixed by the Employer that is ,rithin twelve months after the day
on which he became so employedo
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5. The Treasurer of the To~m of Newcantle is hereby authorized to arrange for
the deduction from the earnings of each employee who is a member of the
System, the contributions required to be made by the member, and to remit
such contributions together with the amountc required under the Act to
be paid by the Employer, to the Secretary-Treasurer of the Ontario Municipal
Employees Retirement Board, and to execute all necessary documents and
to do such things as are necessary to carry out the intent of this by-lawo
60 The Employer hereby approves employees employed on other than a
continuous full-time basis becoming members of the System, if at least
75% of such employees become or are memberso
70 The Employer hereby certifies that employees \'Tho are engaged as firemen
are entitled to retire nt age 600
Read a first and second time this 18th day of March, 1974.
Garnet Bo Rickard ,/~ ~L--:/
Hayor
Read a third and final time this /9~
H A JA.&J!l9740
day of
Garnet Bo Rickard ~.
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Hayor
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Seal
Jo Mo HcIlroy
Clerk