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HomeMy WebLinkAboutBRU 88 026 participation OMERS THE CORPORATION OF THE TOWNSHIP OF BRUCE BY-LAW NO. 88 - 26 A BY-LAW to authorize participation in the Ontario Municipal Employees Retirement System in respect of employees. WHEREAS pursuant to Section 15 of The Ontario Municipal Employees Retirement System Act, R.S.O. 1980, Chapter 348 as amended, here inafter called the OMERS Act, a municipality or local board may by by-law or resolution participate in the Ontario Municipal Employees Retirement System on behalf of its employees and pay to the Fund the total of the employer and employees contributions, and has all the powers necessary and incidental thereto: NOW THEREFORE the Council of the Corporation of the Township of Bruce (hereinafter called the Employer) enacts as follows: 1. The employer hereby elects to participate in the Ontario Municipal Employees Retirement System in respect of its employees as of the Twelfth day of September, 1988 (hereinafter called the effective date) and authorizes the Clerk-Treasurer to submit forthwith a certified copy of this by-law to the Executive-Director of the Ontario Municipal Employees Retirement Board (hereinafter called the Executive-Director). 2. Subject to Subsections 2 and 3 of Section 7 of the Regulations issued under the OMERS Act, an employee who is ent i tIed to become a member becomes a member on the first day of the month following the month in which his application is received by the Executive-Director, provided that the Executive-Director may, at the request of the employer, fix an earlier day on which the employee becomes a member but not before the day on which the employee became entitled to be a member or the First day of January in the year in which the application is received by the Executive Director, whichever is the later date. 3. Every person who becomes an employee of the Employer on or after the effective date, if he is employed on a continuous full-time basis, shall, as a condition of his employment, become a member of the System, or if he is already a member, resume his contributions to the System on the date he was so employed. THE CORPORATION OF THE TOWNSHIP OF BRUCE BY-LAW NO. 88-26 PAGE 2 4. The Treasurer of the Employer is hereby authorized to deduct from the earnings of each employee who is a member of the System, the contributions required to be made by the member, and to remit such contr ibutions together with the amounts required under the OMERS Act to be paid by the Employer to the Ontario Municipal Employees Retirement Fund. 5. The Clerk-Treasurer of the Employer is hereby authorized to execute all necessary documents and to do all such things as are necessary to carry out the intent of this by-law. 6. The Employer hereby approves employees employed on other than a continuous full-time basis becoming members of the System in accordance with Subsection 4 of 7 of the Regulations issued under the OMERS Act. By-law introduced and read a First time this TWENTY-SECOND day of SEPTEMBER, 1988. By-law read a Second time this TWENTY-SECOND day of SEPTEMBER, 1988. By-law read a Third time and finally passed, signed, sealed, and numbered 88-26 this TWENTY-SECOND day of SEPTEMBER, 1988. iJ:!3- ¡(~~ REE SEAL - ~.- -- -." -.::;:.-<- ~ , --- -~ ~ - -- ~___¥ <;i