1982 - 04-05-82 Regular Meeting - Laserfiche WebLink

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b9of 10 ?,sF 412 WHEREAS, the 1973 General Assembly amended the North Carolina Local Governmental Employees' Retirement System laws so as to permit agreements for providing certain benefits for employee members pursuant to Chapter 1310; and WHEREAS, the governing body of this Unit realizes the desi- rability of providing its employees with the security and pro- tection provided by said benefits; and WHEREAS, Article 3 of Chapter 128 of the General Statutes of North Carolina provides that any employer governmental unit desiring to provide said benefits for its employee members must execute an agreement therefor with the Director of .the North Carolina Local Governmental Employees' Retirement System; NOW, THEREFORE, BE IT RESOLVED BY THE LEE COUNTY BOARD OF COMMISSIONERS IN REGULAR SESSION: 1. That the Lee County Board of Commissioners hereby elects to secure said benefits for its employees in the North Carolina Local Governmental Employees' Retirement System. 2. That the Lee County Board of Commissioners hereby , agrees to comply with all provisions of the North Carolina Local Governmental Employees' Retirement System as defined in Article 3, Chapter 128 of the General Statutes of North Carolina, as amended, and to make such increased employer's contributions as the Local Governmental Employees' Retirement System may determine to be necessary in order to provide said benefits. 3. That the Lee County Board of Commissioners is hereby ordered and directed to execute an agreement with the Director of the North Carolina Local Governmental Employees' Retirement System to implement said benefits of Chapter 1310 of the Session Laws of 1973 (2nd Session, 1974). Commissioner Jack D. Funderburke seconded the motion and upon a vote, Commissioners Funderburke, Dotterer, Harmon and Nielsen voted in favor of the motion and Commissioner Gordon A. Wicker voted against the motion. The Chairman ruled the motion carried by a majority vote.