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Ord 1765 - AMENDING CHAPTER 21 OF THE TOWN CODE ELIMINATING TOWN PAID DISABILITY INSURANCE TO MEMBERS OF TOWN RETIREMENT PLAN
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Ord 1765 - AMENDING CHAPTER 21 OF THE TOWN CODE ELIMINATING TOWN PAID DISABILITY INSURANCE TO MEMBERS OF TOWN RETIREMENT PLAN
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3/21/2016 4:02:22 PM
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AMENDING CHAPTER 21 OF THE TOWN CODE ELIMINATING TOWN PAID DISABILITY INSURANCE TO MEMBERS OF TOWN RETIREMENT PLAN
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ORDINANCE NO: <br />1765 <br />AN ORDINANCE OF THE TOWN OF LOS GATOS AMENDING CHAPTER 21 <br />OF THE TOWN CODE ELIMINATING TOWN PAID DISABILITY INSURANCE <br />TO MEMBERS OF TOWN RETIREMENT PLAN <br />WHEREAS, the Town provides Town paid disability insurance for all Town <br />employees without reference to retirement plan participation, per - employment <br />agreements; and <br />WHEREAS, the Town Retirement Plan is not open to accepting any new members; <br />and <br />WHEREAS, Town Code Section 21 -26 may be misleading since it excludes Public <br />Employment Retirement System (PERS) covered employees. <br />NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF LOS GATOS <br />AS FOLLOWS: <br />SECTION 1 <br />Town Code Section 21 -26 is hereby repealed. <br />SECTION 2 <br />This ordinance takes effect 30 days after it is adopted. Within 15 days <br />after this ordinance is adopted the Town Clerk shall cause it to be published <br />once in a newspaper of general circulation published and circulated in the <br />Town. <br />This ordinance was introduced at a regular meeting of the Town <br />Council of the Town of Los Gatos on October 3 , 1988 and adopted by the <br />following vote as an ordinance of the Town of Los Gatos at a <br />meeting of the Town Council of the Town of Los Gatos on November 7 , 1988. <br />
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