HomeMy WebLinkAbout27388 / 74-27OEC 191974
BE IT RESOLVCD by
that the City Manager
for the 1975 calendar
bi-weekly.
@ 27 RESOLUTION
the Common Council of the City of Oshkosh
snaii ae compensated at the rate of $28,869.00
year, said compensation shall be payable
HE IT FURTHER RESOLVED tY,at with respect to earnings paid on
and after January 1, 1975 to the City Manager, the City of Oshkosh
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 $S1.OS�bi-weekl.y.
BF. IT EURTFiER RESOI,VPD that all such payments of contribuCions
made by the City of Oshkosh shall be reported to the 47isconsin Retise-
ment Fund in t.he same manner as though deducted from the earnings of
o:rt.ici� a'_ing .••mp'_.o•.-ce ;� a�.'� all ., :.;� pain�.�n�s o£ ituti;;n:; nade
by the City of Oshkosh shall be available for all retirement funfl
benefit purposes to thc same extent as normal contributions which
were deducted from the earnings of participating employees, it being
understood that sucii payments made by the City of. Oshkosh shall not
be considered municipalitp contributions.
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