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HomeMy WebLinkAbout97-21 a . a THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW NUMBER 97- 21 A BY-LAW to authorize participation in the Ontario Municipal Employees Retirement System (OMERS) in respect of its Head of Council and Councillors. WHEREAS pursuant to subsection 15(1) of the Ontario Municipal Employees Retirement System Act, R.S.O. 1990, Chapter 0.29 and Regulation 890 as amended, a municipality may, by By-Law, elect to participate in OMERS in respect of its Head of Council and Councillors and pay to the OMERS Fund the total of the employer and member contributions, and has all the powers necessary and incidental thereto. THEREFORE be it enacted as a By-Law of the Corporation of the Municipality of Clarington (the Employer) as follows: 1. The Employer hereby enacts to participate in OMERS in respect of its Head of Council and Councillors as of the first day of July 1996 (the effective date) and authorizes the Clerk to submit forthwith this election in writing by providing a certified copy of this By-Law to the President of the Ontario Municipal Employees Retirement Board. 2. Every person who, on the effective date, is the Head of Council and Councillor of the Employer may become a member of OMERS on the effective date. 3. Every person who becomes the Head of Council or a Councillor after the effective date shall become a member on the date the person becomes the Head of Council or a Councillor. 4. Despite clauses 2 and 3, a Head of Council or Councillor who is receiving an OMERS pension may elect to become a members, at which point his or her OMERS pension shall be suspended. 5. The Treasurer of the Employer is hereby authorized to deduct from the contributory earnings of the Head of Council and each Councillor who is a member of OMERS, the contributions required to be made by the member, and to remit such contributions together with the amounts required under the OMERS Act to be paid by the Employer to the OMERS Fund. 6. THE Clerk (the Agent) is hereby authorized to execute all necessary documents and to do all such things as are necessary to carry out the intent of this By-Law, in accordance with section 6 of the OMERS Regulations. By-Law read a first and second time this 27th day of January 1997. By-Law read a third time and finally passed this 27th day of January 1997. Mayo;. Clerk