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• <br />0 <br />I' <br />11 <br />0 <br />L <br />[7 <br />` 65 <br />SIGNS MAY EXTEND ABOVE THE TOP OF THE MARQUEE PROVIDED THE VERTICAL DIMENSION OF THE STRUCTURE <br />INCLUDING BOTH MARQUEE AND SIGN SHALL NOT EXCEED FIVE (5) FEET. IF SUCH SIGNS ARE TO BE ILLUMINATED, <br />INDIRECT TYPE LIGHTING MUST BE USED. <br />ADOPTED BY THE COUNCIL <br />OCTOBER 51 1959 <br />AYES: MR. COLEMAN, MR. DAVIS, MR. MICHIE, <br />MR. SCRIBNER AND MR. WEINBERG. <br />NOES: NONE. <br />CLERK RESIDENT <br />AN ORDINANCE AMENDING AND REENACTING THE CODE OF THE CITY OF <br />CHARLOTTESVILLE OF 1945, AS AMENDED, BY THE ADDITION THERETO <br />OF A NEW CHAPTER NUMBERED 30.1 AND ENTITLED "SUPPLEMENTAL <br />RETIREMENT PLAN'. <br />AN ORDINANCE APPROVING AND ADOPTING A SUPPLEMENTAL RETIREMENT OR <br />PENSION PLAN FOR CERTAIN EMPLOYEES OF THE CITY OF CHAR LOTTESVILLF, VA. <br />WHEREAS, THE COUNCIL AT ITS MEETING HELD ON THE 3RD DAY OF MARCH, 1952, ADOPTED A RESOLUTION <br />AUTHORIZING THE CITY MANAGER TO EXECUTE ON BEHALF OF THE CITY THE PAPERS NECESSARY TO PROVIDE LOCAL <br />EMPLOYEES, AS DEFINED IN CHAPTER 2 OF THE 1952 ACTS OF THE GENERAL ASSEMBLY OF THE COMMONWEALTH OF <br />VIRGINIA, WITH COVERAGE UNDER THE FEDERAL SOCIAL SECURITY ACT, EFFECTIVE AS OF JANUARY 11 1951, AND <br />WHEREAS, THE COUNCIL IS OF THE OPINION THAT THE PRIMARY PAYMENTS AND BENEFITS FOR COVERED <br />EMPLOYEES PROVIDED UNDER THE FEDERAL SOCIAL SECURITY ACT ALONE ARE INSUFFICIENT TO ADEQUATELY PROVIDE <br />FOR THE NEEDS OF CERTAIN CITY EMPLOYEES, AND DESIRES TO SUPPLEMENT SAID PAYMENTS AND BENEFITS TO SAID <br />EMPLOYEES; AND <br />WHEREAS, THE COUNCIL IS SATISFIED WITH THE TERMS AND CONDITIONS SET FORTH IN A PAPER ENTITLED <br />"THE SUPPLEMENTAL RETIREMENT OR PENSION PLAN OF THE CITY OF CHARLOTTESVILLE, 195911, AS THIS DAY <br />PRESENTED TO IT; <br />NOW, THEREFORE, BE IT ORDAINED BY.THE COUNCIL OF THE CITY OF CHARLOTTESVILLE: <br />(1) THAT "THE SUPPLEMENTAL RETIREMENT OR PENSION PLAN OF THE CITY OF CHARLOTTESVILLE, 1959" <br />AFORESAID, BE AND THE SAME IS HEREBY APPROVED AND ADOPTED AS IF SET OUT HEREIN IN EXTENSO; <br />AMD <br />(2) THAT THE EFFECTIVE DATE OF SUCH PLAN SHALL BE THE DATE OF THE ADOPTION OF THIS ORDINANCE; <br />(3) THAT*THE CLERK OF THE COUNCIL RECORD THE PLAN IN THE CURRENT ORDINANCE AND RESOLUTION BOOK <br />IMMEDIATELY FOLLOWING THIS ORDINANCE, AND THAT SUFFICIENT COPIES OF THE RETIREMENT PLAN, TOGETHER <br />WITH A COPY OF THIS ORDINANCE BE PRINTED IN PAMPHLET FORM FOR DISTRIBUTION TO THE EMPLOYEES OF THE CITY. <br />THE SUPPLEMENTAL RETIREMENT OR PENSION PLAN OF THE CITY OF CHARLOTTESVILLE - 1959 <br />SECTION A - GENERAL STATEMENT OF POLICY <br />1. NO CONTRIBUTION BY EMPLOYEES WILL BE REQUIRED IN CONNECTION WITH THE RETIREMENT PAY PROVIDED <br />UNDER THIS DECLARATION OF POLICY, BUT THE AMOUNT OF ANY PAYMENTS OR PRIMARY BENEFITS TO WHICH SUCH <br />EMPLOYEE IS OR MAY BECOME ENTITLED UNDER THE OLD AGE BENEFIT PROVISIONS OF THE FEDERAL SOCIAL SECURITY <br />ACT, WHILE RECEIVING RETIREMENT PAY FROM THE CITY, SHALL BE DEDUCTED FROM THE TOTAL AMOUNT OF SUCH <br />RETIREMENT PAY AS SHOWN ON THE TABLE FIXING RETIREMENT PERCENTAGES ON SALARY AND YEARS OF SERVICE TO <br />BE PAID BY THE CITY TO SUCH EMPLOYEE, SO THAT THE PRIMARY BENEFITS TO WHICH SUCH EMPLOYEE IS ENTITLED <br />UNDER THE FEDERAL SOCIAL SECURITY ACT, TOGETHER WITH A SUPPLEMENTAL RETIREMENT PAY TO BE PAID BY THE <br />CITY TO SUCH EMPLOYEE SHALL EQUAL BUT NOT EXCEED THE TOTAL AMOUNT OF SUCH RETIREMENT PAY AS SHOWN ON <br />SAID TABLE AS AFORESAID, MADE A PART OF THIS PLAN. <br />2. ANY PAYMENTS OR BENEFITS RECEIVED BY AN EMPLOYEE FROM THE POLICE OR FIREMAN BENEFIT ASSO- <br />CIATIONS OR OTHER SIMILAR ORGANIZATIONS WHICH ARE NOT FINANCIALLY DEPENDENT UPON THE CITY ARE SEPARATE <br />AND IN ADDITION TO ANY RETIREMENT PAY TO BE PAID UNDER THE PROVISIONS HEREOF. <br />3. THE CITY MAKES NO LIMITATIONS ON THE ACTIVITIES OF AN EMPLOYEE AFTER RETIREMENT. THE FACT <br />THAT HE MAY BE EMPLOYED ELSEWHERE AFTER RETIREMENT WILL NOT AFFECT THE PAYMENT OF THE RETIREMENT PAY <br />