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Ordinance 1922ORDINANCE NO. 1922 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, PRO- VIDING FOR CERTAIN EMPLOYEE BENEFITS IN LIEU OF CON- TINUED COVERAGE UNDER SOCIAL SECURITY, AUTHORIZING THE EXECUTION OF AN EMPLOYEE BENEFIT TRUST AGREEMENT, AMENDING CHAPTER 1.24 OF THE EDMONDS CITY CODE AND RE- PEALING CERTAIN SECTIONS THEREIN. WHEREAS, provisions of Federal law and RCW 41.48 allow the City to withdraw from the coverage under the Federal Old Age Survivors Disability and Health Insurance Act, (Social Security Act), and to provide comparable coverage under a private benefit plan, and WHEREAS, pursuant to a referendum a majority of City employees have indicated their desire to withdraw from Social Security coverage, and WHEREAS, bargaining units for the City Police, Fire and Public Works Employees have approved of the withdrawal from Social Security and adoption of the City of Edmonds Employees Benefit Plan--1977, adopted herein, and WHEREAS, pursuant to the State law a certified copy of Edmonds City Council Resolution No. 330, passed by the Council on June 3, 1975, which indicated Council intent to withdraw from Social Security on June 30, 1977, was sent to the offices the then Governor, Daniel Evans. THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Chapter 1.24 of the Edmonds City Code is hereby amended to be entitled, "Municipal Employees Benefit Trust." -1- Section 2. Section 1.24.010 of the Edmonds City Code is hereby amended to read as follows: "Section 1.24.010 Employee Benefit Plan Authorized. There is hereby established for qualified City employees a benefit plan•to be provided by the City in lieu of coverage under the Federal Old Age Survivors Disability and Health Insurance Act. The benefit plan shall be as set forth in that certain document entitled, 'City of Edmonds Employees Benefit Plan,' prepared by Howard Johnson and Company, three copies of which are and have been on file in the office of the City Clerk for use and examination by the public." Section 3. Section 1.24.020 of the Edmonds City Code is hereby amended to read as follows: "1.24.020 Plan Mandatory. The terms of the Plan shall be mandatory for all present and future qualified City employees." Section 4. Subsequent to all unions executing the agree- ment mandated by the City Council on April 12, 1977, the Mayor is authorized to execute the Plan and to take all necessary steps to effectuate the replacement of Social Security with the Plan. Section 5. Sections 1.24.030, 1.24.040 and 1.24.050 of the Edmonds City Code are hereby repealed. APPROVED: MAYOR, H. H. HARRISON ATTEST: CITY CLERK, IRENE V NEY MORAN FILED WITH THE CITY CLERK: June 9, 1977 PASSED BY THE CITY COUNCIL: June 20, 1977 PUBLISHED: June 29, 1977 -2-