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HomeMy WebLinkAboutResolution 2002-092 steps to becoming participating employer in the corrections officer retirement planMARANA RESOLUTION NO. 2002-92 A RESOLUTION.OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AUTHORIZING THE PRELIMINARY STEPS TO BE TAKEN TO BECOME A PARTICIPATING EMPLOYER IN THE CORRECTIONS OFFICER RETIREMENT PLAN ON BEHALF OF THE DISPATCHERS OF THE TOWN OF MARANA. WHEREAS, the Corrections Officer Retirement P lan h as been created b y t he S tare o f Arizona in order to provide a uniform, consistent and equitable state-wide program for retirement and other benefits for those eligible fulI-time dispatchers; and WHEREAS, pursuant to the terms of the Corrections Officer Retirement Plan, it is optional for a town to include within the Plan its full-time dispatchers; and WHEREAS, the Town presently has eight full-time dispatchers. ,, NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, as follows: It is hereby authorized and requested that a preliminary actuarial survey be made to determine the estimated cost of participation, the benefits to be derived, and such other information as may be deemed appropriate; the cost of said survey to be paid by the Town of Marana. The Town Clerk is hereby authorized to provide and turn over such records as are necessary to make the actuarial survey. Town staff is hereby authorized to take whatever steps are necessary to carry out the intent of this Resolution. The Town Clerk shall file a certified copy of this Resolution with the Fund Manager of the Corrections Officer Retirement Plan. PASSED AND ADOPTED !~Ike. Mayor and Council of the Town of Marana, Arizona, this day of August, 2002. ATTEST: ~ '~ as Town A~omey ~d  not personally Mm. Arizona Resolution No. 2002-92 Page 1 of 2