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3558 RESOLUTION NO . 3,558 A RESOLUTION GRANTING TO JESSIE HOLMES DISIBILITY RETIREMENT BENEFITS UNDER SECTION 2-24 OF THE CODE OF ORDINANCES OF THE CITY OF LITTLE ROCK, ARKANS AS; AND FOR OTHER PURPOSES. WHEREAS, Jessie Holmes was employed by the City of Little Rock on September 24, 1956 and has been continuously so employed until April 29, 1966, when found to be entitled to disibility retirement, comprising a total term of employment of nine years, seven months, and five days, and WHEREAS, under Section 2-24 of the Code of Ordinances of the City of Little Rock it is the policy of the Board of Directors to continue to gay Jessie Holmes at the rate of pay on the date of retirement for a period of nine months, seventeen days, which pay shall end on February 16, 1967 , subject, however, to deductions from the said monthly pay equal to sums hereafter received by Jessie Holmes as benefits under the Non-Uniform Employment Retirement Plan together with such funds as shall be here- after received monthly, if any, by said Jessie Holmes from disibility benefits under the Social Security Administration of the United States of America; NOTE , THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LI`T'TLE ROCK, ARKANSAS: SECTION 1. The City Manager and Director of Finance are hereby authorized and directed to continue the salary established for Jessie Holmes as of April 29, 1966, and to pay same to Jessie Holmes monthly in the nature of disibility retirement benefits through and including February 16, 1967. At suchtitne as Jessie Holmes shall become eligible to receive and shall in fact . . . -2- receive benefits under the Non-Uniform &nployees Retirement plan of the City of Little Rock and upon receiving disibility retirement benefits under the Social Security Administration Agency of the United States of America, the Director of Finance shall deduct from monthly payment authorized hereunder all sums received during said month by Jessie Holmes from the foregoing sources so that the sum received monthly by Jessie Holmes from all sources of disibility income shall equal the salary of Jessie Holmes on the date of retirement. SECTION 2. This resolution shall be in full force and effect from and after its adoption. ADOPTED: May 2, 1966 ATTEST v' o o t 'PROVED: 40 ■ Clerk Mayor /City