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RESO CC 1977-19 - Opposing mandatory Social Security i -77 RESOLUTION RESOLUTION NO. 77-19 A RESOLUTION OPPOSING CONGRESSIONAL ACTION MAKING CITIES' PARTICIPATION IN THE SOCIAL SECURITY SYSTEM MANDATORY WHEREAS, the Texas Municipal League will hold its annual conference in San Antonio on October 15, 1977 for the purpose of considering business and resolutions that affect cities for the coming year; and WHEREAS, the U. S. House of Representatives' Subcommittee on Social Security recently voted to mandate social security coverage for all cities, where now cities have the local option of participating in the program; and WHEREAS, by its own admission, the Federal Government acknowledges that the Social Security Fund is in a precarious financial state, not actuarially sound, and at present trends will be bankrupt in just five years; and WHEREAS, the U. S. Congress continues to vote increased benefits from the fund which will necessitate increased costs to all participants and employers even though the fund has no guarantee of being solvent for future generations, and these increased costs are causing even more financial burdens on employee and employer; NOW, THEREFORE, BE IT RESOLVED, by the delegates assembled at this 65th Annual Conference of the Texas Municipal League, that the League opposes any legislation that makes participation in the Social Security System mandatory, and supports a continuation of legislation allowing cities to determine whether they will participate in the Social Security Fund. (Passed by the Huntsville City Council on October 11 , 1977 . ) RESOLUTION NO. 77-19 WHEREAS, the Texas Municipal League will hold its annual conference in San Antonio on October 15, 1977 for the purpose of considering business and resolutions that affect cities for the coming year; and WHEREAS, the U. S. House of Representatives' Subcommittee on Social Security recently voted to mandate social security coverage for all cities, where now cities have the local option of participating in the program; and WHEREAS, by its own admission, the Federal Government acknowledges that the Social Security Fund is in a precarious financial state, not actuarially sound, and at present trends will be bankrupt in just five years; and WHEREAS, the U. S. Congress continues to vote increased benefits from the fund which will necessitate increased costs to all participants and employers even though the fund has no guarantee of being solvent for future generations, and these increased costs are causing even more financial burdens on employee and employer; and NOW, THEREFORE, BE IT RESOLVED that the City Council. of the City of Huntsville seeks the joint support of all other Texas cities through the Texas Municipal League in soliciting their support of a resolution which will allow cities the option of participation in the Social Security System on a local option basis as opposed to a required participation by a Federal Law that refuses to provide a sound, financially supported system. PASSEDAND APPROVED this the 11th day of October, A. D. , 1977. THE CITY OF HUNTSVILLE, TEXAS By M rris I. Waller, Mayor ATTES� : th e haw, City Secretary c RESOLUTION NO. 77-19 WHEREAS, the Texas Municipal League will hold its annual conference in San Antonio on October 15, 1977 for the purpose of considering business and resolutions that affect cities for the coming year; and WHEREAS, the U. S. House of Representatives' Subcommittee on Social Security recently voted to mandate social security coverage for all cities, where now cities have the local option'of participating in the program; and = WHEREAS, by its own admission, the Federal Government acknowledges that the Social Security Fund is in a precarious financial state, not actuarially sound, and at present trends will be bankrupt in just five years; and WHEREAS, the U. S. Congress continues to vote increased benefits from the fund which will necessitate increased costs to all participants and employers even though the fund has no guarantee of being solvent for future generations, and these increased costs are causing even more financial burdens on employee and employer; and NOW, THEREFORE-, BE IT RESOLVED that the City Council. of the City of Huntsville seeks the joint support of all other Texas cities through the Texas Municipal League in soliciting their support of a resolution which will allow cities the option of participation in the Social Security System on a local option basis as opposed to a required participation by a Federal Law that refuses to provide a sound, financially supported system. PASSEDAND APPROVED this the 11th day of October, A. D. , 1977. THE CITY OF HUNTSVILLE, TEXAS Morris I. Waller, Mayor ATTEST: th eShaw, City Secretary