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HomeMy WebLinkAboutResolution 1973 (73) RESOLUTION N0. ;73 RESOLVED, by the County Board of Supervisors of St. Croix County that with respect to earnings paid on and after January 1, 1974 to participating employees of the St. Croix County Highway Department and County Patrol Department, St. Croix County shall pay to the Wisconsin Retirement Fund, in lieu of an equal amount of the retirement contributions required to be deducted from each payment of earnings to such participating employees pursuant to a. 66.903(2) of the Wisconsin Statutes, an amount equal to four and one half (41) percent of the total earnings of such participating employees. BE IT FURTHER RESOLVED, that all such payments of contributions made by St. Croix County shall be reported to the Wisconsin Retirement Fund in the same manner as though deducted from the earnings of participating employees, and all such payments of contributions made by St. Croix County shall be available for all Retirement Fund benefit purposes to the same extent as normal contributions which were deducted from the earnings of participating employees, it being understood that such payments made by St. Croix County shall not be considered municipality contributions. BE IT FURTHER RESOLVED, that the above shall remain in effect for one year only and shall terminate December 31, 1974. BE IT FURTHER RESOLVED, that a certified copy of this resolution be filed with the Board of Trustees of the Wisconsin Retirement Fund. Dated this day of November, 1973. AFFIRMATIVE NEGATIVE 22� C S 1 1 Committee on Highways & Bridges Committee on Highways & Bridges c