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CORPORATION OF THE COUNT~ OF ESSEX <br /> <br />By-Law Number: ~. <br /> <br />Being a By-Law to provide Pensions for Lmployees of the County <br />Reads Department. <br /> <br /> ,.~k~R~o The Act Provides that by-laws may te passed by all <br />munic']palities for providing pensions for er:~ployees or any class <br />thereof. <br /> <br />TP~i:G]FORE the Council of the Corporation of the <br /> County of Essex <br /> <br />ACTS AS FOIl O~'/S: <br /> <br />I. The County shall enter into an employees' Retireraent <br /> Annuity Contract. in the form set out in the Plan attached hereto <br />and £or~ming !'~art of this by-law, and the Warden and the <br />Clerk are hereby appointed Trustees of the Plsn and are <br />hero, by aut}:orized and directed to execute all documents, and do all <br />things necessary in connection therev~ith, and the Clerk is <br />hereby authoriz~d and directed to affix the seal of the <br /> County to all such documents. <br /> <br />The County annua].ly shall provide in the current estimates <br />the sum reouired to pay for the annuities to be purchased by <br />the County %md. er the Plan for those employees who from time <br />to t_que become '_.~embers of the Plan; and annually shall pay the said <br />sum in ~:mnual Inst.mlments to The Honarch Life Assurance Company. <br /> <br />3. The County Treasurer shall record the payments by members <br /> of the Plan in a separate account, and shall remit same to The <br />Monarch Life Assurance Company. <br /> <br />(a) The County Auditor shall audit all transactions in con- <br /> nection with Pension Plan and shall report annually to the <br /> Cou$1~ Council and his report shall be contained in <br /> the annual County audit. <br /> <br />~. Every employee who elects to join the Plan shall sign a for~ of <br /> application for membershi.o in the Plan which shall authorize the <br /> County in writing to deduct from his salary or wages <br />his payments under the Plan. <br /> <br />Every employee who applies for membership in the Plan shall be <br />given a copy of this By-Law at the time of application. <br /> <br /> ~ermanent <br />6. Every person who becomes a~[ employee after the effective date of <br /> the Plan shall be required as a condition of his employment to <br /> join the Plan as provided therein. <br /> <br />7. Every employee who joins the Plan shall be deemed to have joined <br /> it upon the terms and conditions contained in this by-law. <br /> <br /> <br />