Reso 2002-454 - Laserfiche WebLink

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STATE-CITY OF SUNNY ISLES BEACH AGREEMENT NO. The Department of Management Services, Division of Retirement, of the State of Florida, under the Authority of Chapter 121, Florida Statutes, and City of Sunny Isles Beach, herein referred to as "City of Sunny Isles Beach", in order to extend to officials and employees of said City of Sunny Isles Beach (except such as are hereinafter excluded) the benefits of the Florida Retirement System established by Chapter 121, Florida Statutes, hereby agree as follows: 1. Definitions: For the purpose of the Agreement- (a) The definitions, words and phrases as set out in Section 121.021, Florida Statutes, shall have the respective meaning set forth therein. 2, Services Covered: The ag reement includes and covers all services performed by officers and employees of thiS) City of Sunny Isles Beach except any service, position, employee, or official excluded by , Chapter 121, Florida Statutes'lthe rules and regulations of the Florida Retirement System:+ OY .~ 3. Contributions by Employees: The City of Sunny Isles Beach agrees to impose upon its employees covered by this Agreement the required contributions with respect to wages if such services constituted employment within the meaning of Chapter 121, Florida Statutes, and to deduct the amount of such required contributions from the wages as and when paid. Contributions so collected shall be paid to the Administrator of the Retirement System in partial discharge of the liability of said City of Sunny Isles Beach, said payments to be made in accordance with rules and regulations relating to the Florida Retirement System. It is agreed and understood that the failure of said City of Sunny Isles Beach to deduct such contributions shall not relieve it of liability therefore. 4. Contributions by the City of Sunny Isles Beach: (a) The City of Sunny Isles Beach represents that it has duly and legally adopted, and that there is now in full force and effect, an ordinance requiring an appropriation from available funds in its general or special funds derived from ad valorem tax or other sources, which shall be in an amount not less than the sums withheld as the contributions of employees covered by the Agreement, the sum to equal the total amount due from said City of Sunny Isles Beach (employer's and employee's contributions) under applicable provisions of Chapter 121, Florida Statutes. (b) As assurance of its ability to pay its share of the contributions which will become due and payable to the Administrator under the terms of this Agreement and as assurance that said contributions will be adequate, the City of Sunny Isles Beach hereby obligates itself to maintain, and represents that at all times hereafter there will be maintained, in the appropriation provided in paragraph 4.(a), above, a sum fully sufficient to pay its share of the contributions: and that same (together with contributions deducted from salaries, wages, etc., of employees) will be paid promptly when due. ~ c.o....{'e~d '81u/o'J-