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94-9 COUNTY OF ELGIN By-Law No. 94-9 BEING A BY-LAW TO AUTHORIZE SUPPLEMENTARY DOWNSIZING BENEFITS UNDER THE ONTARIO MUNICIPAL EMPLOYEES RETIREMENT SYSTEM, HEREINAFTER REFERRED TO AS 'SYSTEM fl. WHEREAS County of Elgin By-Law No. 1838, as amended, elected for participation in the ontario Municipal Employees Retirement System; and WHEREAS pursuant to the Supplementary Benefits provisions of the Regulation made under the ontario Municipal Employees Retirement System Act, R.S.O. 1990, c.0.29, as amended, an employer who has elected to participate in the System may enter into an agreement with the ontario Municipal Employees Retirement Board for the payment of Supplementary Downsizing Benefits in respect of all or any class of the employees who are members of the System, with the proviso that the cost is covered under the $200 Million fund, approved by the Province in respect of the Social Contract Act, R.S.O. 1993; and WHEREAS the Corporation of the County of Elgin has approved, by resolution, a downsizing programme that meets the following requirements: 1. It was introduced as a result of financial pressures or constraints. 2. It aims to reduce the financial obligations of the employer by reducing the number of employees or the number of hours worked by employees. 3. It includes early retirement guidelines and restructuring plan setting out the manner in which the employer intends to carry out the downsizing. NOW THEREFORE the Municipal Council of the Corporation of the County of Elgin enacts as follows: 1. The Warden and the Clerk are hereby authorized on behalf of the Corporation of the County of Elgin to enter into a Supplementary Downsizing Agreement in the form attached hereto with the ontario Municipal Employees Retirement Board for the payment of the Supplementary Benefits provided in the Supplementary Downsizing Plan set forth as Schedule 1 to the Supplementary Downsizing Agreement. 2. The Personnel Administrator is hereby authorized to do such things as are necessary under the Supplementary Downsizing Agreement and to carry out the intent of this By-Law. 3. A certified copy of this By-Law shall be filed with the President of the ontario Municipal Employees Retirement Board. READ a first and second time this 25th day of March, 1994. READ a third time and finally passed this 25th day of March, 1994 ~/ ) 0 ~( onald, D. V. Chute, unty Clerk. Warden. G::."a"04t¿d)~. 4,tÆ7 'It,· (;~ 0'-1