Ord 0575-AMENDING ORDINANCE. NO. 494 OF THE TOWNR M
ORDINANCE NO. J
AN ORDINANCE AMENDING ORDINANCE. NO. 494 OF THE TOWN OF LOS
GATOS ENTITLED 'RAN ORDINANCE .AMENDING ORDINANCE NO. 451 OF
THE TOWN OF LOS GATOS, ENTITLED 'AN ORDINANCE CREATING A
PENSION PLAN FOR TOWN EMPLOYEES."
THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES
ORDAIN-AS FOLLOWS:
Section 1. That Section 3 (h) and Section 5 (a) of
Ordinance No. 494 of the Town of Los Gatos entitled "An
Ordinance -Amending Ordinance No. 451 of the Town of Los Gatos,
Entitled, ',An Ordinance Creating a Pension Plan for Town
:Employees,' passed and adopted by the Town Council of the
Town of Los Gatos on April 20, 1959, be and the same are
hereby amended to read as follows:
Section 3. DEFINITIONS.
(h) "Entry Date" shall mean the first
day of January, 1958, 1959 and 1960, and the
first day of each calendar quarter, namely:
January 1, April 1, July 1 and October 1 in
every year after 1960.
Section 5. MEMBERSHIP IN PLAN.
(a) Every employee in service on the
pension effective date, who has not attained
age 65, and who is a member of one of the
employee groups set forth in Section 45305 of
the Government Code of the State of California,
provided the group of which the employee is a
member has approved the retirement proposal as
provided for in Section 45303 of said Government
Code, shall become a member as of the pension
effective date. Every employee employed by the
Town after the pension effective date, which
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sa { 1,
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employee is in a participating employee group,
shall be required, as a condition of employment
to become a member on the entry date next follow-
ing his permanent employment by the Town, provided
that, on such entry date, he has not attained age
60; and every such employee shall be required, at
the time of his employment, to sign such applica-
tion for membership as the Board may require.
Section 2. This Ordinance shall be published once
in the Los Gatos Times-Saratoga Observer, a newspaper pub-
lished in the Town of Los Gatos.
The above and foregoing ordinance was duly and
regularly introduced at a regular meeting of the Town Council
of the Town of Los Gatos held on the 16th day of January,
1961, and thereafter at a regular meeting held on the
day of _ 1961, duly and regularly passed and
adopted by the following vote:
AYES COUNCILMEN:
NOES: COUNCILMEN:
:ABSENT: COUNCILMEN:
41TTEST: YOR- 07 TRE" wTO `OF' LOS 'G.ATOS
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CLERK OF TICS' TO~r?N OF LOS GATOS
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