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HomeMy WebLinkAboutBy-law 24/74THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NUMBER 24/74 A By-law of the Corporation of the Town of Pickering to authorize participation in the Ontario Municipal Employees Retirement System WHEREAS pursuant to section 14 of the Ontario Municipal Employees Retirement System Act, R.S.O. 1970, as amended, 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 Pickering, herein called the Employer, as follows: 1. The Employer hereby elects to participate in the Ontario Municipal Employees Retirement System as of the first day of January, 1974, herein called the effective date, and authorize 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 of the Employer who on December 31st 1973 was employed by the Corporation of the Township of Pickering and who was or was entitled to become a member of the Ontario Municipal Employees Retirement System on December 31st, 1973 shall continue such membership or membership entitlement from January 1st 1974 while employed by the Employer. 3. Subject to clause 2, 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 of the Town of Pickering 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 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. - 2 - 5. The Employer hereby certifies that employees who are engaged as firemen are entitled to retire at age 60. 6. By-law Number 4236/72 be and the same is hereby repealed. BY-LAW read a First, Second and Third Time and PASSED this JjAA - day of , 1974. Mayor Clerk p R 0 ;? 0 A5 TO, FORM