1982-39 Amending The Public Employees Retirement System Participation Agreement.ATTEST:
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KODIAK ISLAND BOROUGH
RESOLUTION N0. 82 -39 -R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY AMENDING THE PUBLIC
EMPLOYEES RETIREMENT SYSTEM PARTICIPATION AGREEMENT.
WHEREAS, the laws of the State of Alaska provide for a Retirement
System in AS 39.35 and further provide for participation by Political Subdivis-
ions in AS 39 .35.550 -650, and
WHEREAS, the Kodiak Island Borough Assembly by Resolution No. 77 -65 -R
authorized participation in the State of Alaska Public Employees Retirement
System effective November 8, 1977, and
WHEREAS, the Public Employees Retirement System participation agree-
ment requires that all permanent full -time employees with no exception will
participate in the retirement system, and
WHEREAS, the current employment contract with the Borough Manager dated
April 28, 1981 states that the Manager may be enrolled in PERS or at his option,
in the International City Managers Association (ICMA) retirement plan with
Borough participation, and
WHEREAS, the Borough Manager has elected to participate in the ICMA
retirement plan rather than the Alaska Public Employee's Retirement System.
NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island Borough Assembly
that the Public Employees Retirement System participation agreement approved by
the Commissioner of Administration for the State of Alaska on December 15, 1977
is hereby amended to exclude the Borough Manager's participation in the retire-
ment system.
PASSED AND APPROVED this 3rd day of June
the Borough Assembly.
ay
it Borough Cl
KODIAK ISLAND BOROUGH
By
Borough Mayor
, 1982 by