Resolution #15-31: Resolution of the Vernon Township Municipal Utilities Authority Guaranteeing a Remittance of Its Share for Social Security Coverage and Pension Contributions

Date of Adoption: May 21, 2015

WHEREAS, the Vernon Township Municipal Utilities Authority has previously decided to hire John Scerbo as its executive director and to employ him as an employee of the VTMUA; and

WHEREAS, the New Jersey Division of Pensions requires that the VTMUA guarantee the remittance of the employer’s share for social security coverage and pension contributions; and

WHEREAS, the VTMUA does so desire to guarantee the remittance of its share for social security coverage and pension contributions relative to its employment of John Scerbo as its executive director.

NOW THEREFORE BE IT RESOLVED by the commissioners of the Vernon Township Municipal Utilities Authority that the VTMUA hereby guarantees the remittance of its share for social security coverage and pension contributions related to the employment of John Scerbo.

BE IT FURTHER RESOLVED that this guarantee shall also be extended to any future employees which the VTMUA may employ.