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The mayor of the city is authorized and directed to submit for approval by the governor of the state of Washington the following plan for extending the benefits of Title II of the Social Security Act to employees of the city;

A. All services which constitute employment and are performed in the employ of the city by employees thereof, shall be covered by the plan;

B. The funds necessary to make the payments required by Section 41.48.a50 Revised Code of Washington, shall come from the current expense fund;

C. Such methods of administration of the plan by the city shall be used as are found by the governor of the state of Washington to be necessary for the proper and efficient administration of this plan;

D. The city shall make such reports, in such form and containing such information, as the Governor of the state of Washington may from time to time require and comply with such provisions as the Governor or the Federal Security Administrator may from time to time find necessary to insure the correctness and verification of such reports;

E. The Governor is authorized to terminate this plan in its entirety, in his discretion, if he finds that there has been a failure to comply substantially with any provisions contained in this plan, such termination to take effect at the expiration of such notice and on such conditions as may be provided by regulations of the Governor and may be consistent with the provisions of the Social Security Act;

F. The city shall pay into the contribution fund with respect to wages at such time or times as the Governor of the state of Washington may by regulation prescribe, contributions in the amounts and at the rates specified in the applicable agreement entered into by the Governor under RCW 41.48.030;

G. In consideration of the employees retention in, or entry upon, the employment after enactment of this chapter the city shall impose upon each of its employees, as to services which are covered by this plan, a contribution with respect to his wages, not exceeding the amount of tax which is imposed by Section 1400 of the Federal Insurance Contributions Act, and to deduct the amount of such contributions from his wages as and when paid. (Ord. 1166, §3, 1954).