HomeMy WebLinkAbout27966 / 75-24� •.
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���; 1 � 1975
# 24 RESOLUTION
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BE IT RESOLVED by the Common Council of tne �ity oz" Gshkosn
that the City Manager shall be compensated at the rate of $30,600.00
for the 1976 calendar year, said compensation shall be payable
bi-weekly.
BE IT FURTHER RESOLVED that with respect to earnings paid an
and af ter January 1, 1976 to the City Manac�er, the City of O�hkosh
shall pay the Wisconsin Retirement Fund, in lieu of the retirement
contributions required to be deducted from each payment of earnings
to the City Manager, pursuant to Section 66.903 (2) of the Wisconsin
Statutes, an amount equal to $58.85 bi-weekly.
BE TT FURTHER RESOLVED that all such payments of contributions
made by the City of Oshkosh shall be reported to the Wisconsin Retire-
ment Fund in the same manner as though deducted from the earnings of
participating employees, and all such payments of contributions made
by the City of Oshkosh shall be available for all retirement fund
bene�it purposes to the same extent as normal contributions which
ware deducted fror.i the earna.ngs of participating employeas, it being
understood that such payments made by the City of Oshkosh shall not
be considered municipality contributions.
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