HomeMy WebLinkAbout19554
THE CORPORATION OF THE
TOWN OF BOWMANVILLE
BY -LAW NO. 1955
BEING a By -law to authorize participation in the
Ontario Municipal Employees Retirement System.
WHEREAS pursuant to Section 15 of the Ontario Municipal
Employees Retirement System Act, 1961 -62, 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 employee contributions, and has all
the powers necessary and incidental thereto:
NOW THEREFORE be it enacted as a by -law of the Corporation
of the Town of Bowmanville (herein called the Employer) as follows:
1. The Employer hereby elects to participate in the Ontario Mun-
icipal Employees Retirement System as of the first day of
September 1965 (herein called the effective date) and
authorizes the Clerk to submit this election in writing (by
provision of a certified copy of this by -law) to the Secretary -
Treasurer of the Ontario Municipal Employees Retirement Board.
2. Every employee who, before the effective date, was an employee
of the Employer, is entitled to become a member of the System
on a day fixed by the Employer, if he is employed on a con-
tinuous full -time basis and at least 75% of the employees so
employed who are under their normal retirement age become
members.
3. Every person who 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, or if he is already a member resume
his contributions to the System, on a day fixed by the Employer
that is within twelve months after the day on which he became
so employed.
4. The Clerk- Treasurer of the Corporation of the Town of Bowman-
�,,,,, ville is hereby authorized to arrange for the deduction from
the earnings of each employee who is a member of the System,
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the contributions required to be made by the member, and to
remit such contributions together with the amounts 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 -law.
5. The Employer hereby certifies that employees who are engaged
as policemem:or firemen are entitled to retire at age 60.
READ a first and second time this 174day of January, 1966.
READ a third time and finally passed this /%X day of January, 1966.
Mayor
Clerk