Chapter 2.52
RETIREMENT AND PENSION PLANS
Sections:
2.52.010 Statewide City Employees Retirement System – Participation – Elected.
2.52.020 Statewide City Employees Retirement System – Number of participants.
2.52.030 Statewide City Employees Retirement System – Participation –Verification.
2.52.040 Statewide City Employees Retirement System – Prior service credit.
2.52.050 Statewide City Employees Retirement System – Social Security coverage.
2.52.060 Statewide City Employees Retirement System – Basis for contribution.
2.52.070 Social Security System – Eligible employees designated.
2.52.080 Social Security System – Effective date of application.
2.52.090 Social Security System – Initiation of coverage.
2.52.100 Social Security System – Contribution fund.
2.52.110 Social Security System – Continued implementation.
2.52.120 Volunteer Firemen’s Relief and Pension Act – Participant contribution.
2.52.130 Volunteer Firemen’s Relief and Pension Act – City contribution.
2.52.010 Statewide City Employees Retirement System – Participation – Elected.
The city has elected to participate as a member of Statewide City Employees Retirement System for pension, relief, disability, and retirement for the employees of the city as provided by Chapter 41.44 RCW. All employees and officials of the city shall be included in the system; provided, that no elective official shall be included unless the official so elects and files a written notice of such election with the board of trustees of the pension system and with the city clerk. (Ord. 337 § 1, 1964).
2.52.020 Statewide City Employees Retirement System – Number of participants.
The number of employees and officials, other than elective officials who shall be included as members of the pension system is approximately five. (Ord. 337 § 2, 1964).
2.52.030 Statewide City Employees Retirement System – Participation –Verification.
A certified copy of the ordinance codified in SMC 2.52.010 through 2.52.060 shall be transmitted to the board of trustees of the statewide system as evidence of an election of the city to join such pension system. (Ord. 337 § 3, 1964).
2.52.040 Statewide City Employees Retirement System – Prior service credit.
The basis for prior service credit shall be 1.333 percent of final compensation known as “full prior service credit.” (Ord. 337 § 4, 1964).
2.52.050 Statewide City Employees Retirement System – Social Security coverage.
The basis for social security coverage will be coordination. (Ord. 337 § 5, 1964).
2.52.060 Statewide City Employees Retirement System – Basis for contribution.
The basis for contribution shall be full compensation. (Ord. 337 § 6, 1964).
2.52.070 Social Security System – Eligible employees designated.
This municipality elects to become a participant in the Social Security System. The benefits of old age and survivors’ insurance shall be extended to all eligible employees and officers of the city. (Ord. 263 § 1, 1951; Ord. 262 § 1, 1951).
2.52.080 Social Security System – Effective date of application.
This municipality shall become a participant in the Social Security System effective as of January 1, 1951. (Ord. 262 § 5, 1951).
2.52.090 Social Security System – Initiation of coverage.
The mayor and the city clerk are authorized to execute and deliver to the Washington Department of Employment Security for its approval the plan or plans required under the provisions of Section 5 of the enabling act and of the Social Security Act to extend coverage to the employees and officers of this municipality and to do all other things necessary to that end. (Ord. 262 § 2, 1951).
2.52.100 Social Security System – Contribution fund.
The proper fiscal officers are authorized to make all required payments into the contribution fund established by the enabling act and to establish such system of payroll deductions from the salaries of employees and officers as may be necessary to their coverage under the old age and survivors’ insurance system. (Ord. 262 § 3, 1951).
2.52.110 Social Security System – Continued implementation.
The proper officials of the municipality shall do all things necessary to the continued implementation of the systems. (Ord. 262 § 4, 1951).
2.52.120 Volunteer Firemen’s Relief and Pension Act – Participant contribution.
Any member of the city fire department is permitted to enroll under the provisions of the Volunteer Firemen’s Relief and Pension Act, for the purpose of enabling any such fireman, so electing, to avail himself of the retirement provisions of Chapter 41.24 RCW; provided however, that anyone so enrolling under the pension provisions shall pay $12.00 of the $22.00 yearly fee each year prior to March 1st. In event such fireman does not so contribute such portion of the fee, he shall be dropped from the rolls, all as provided by statute, with the privilege of being reinstated as is provided by statute. (Ord. 381, 1970).
2.52.130 Volunteer Firemen’s Relief and Pension Act – City contribution.
The city treasurer will pay the city’s share of the annual retirement premium on each fireman electing to participate in the pension plan provided by Chapter 41.24 RCW, and submit a list of all firemen and birth date of each to the State Board for Volunteer Firemen, together with the total annual pension premium and the additional $5.00 disability fee on each fireman reported. (Ord. 381, 1970).