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BE IT FURTHER RESOLVED that such contributions, although designated as mem- <br />ber contributions, are to be made by the City of Martinsville in lieu of member contribu- <br />tions; and <br /> <br />BE IT FURTHER RESOLVED that pick up member contributions shall be paid from <br />the same source of funds as used in paying the wages to affected employees; and <br /> <br />BE IT FURTHER RESOLVED that member contributions made by the City of Mar- <br />tinsville under the pick up arrangement shall be treated for all purposes other than income <br />taxation, including but not limited to VRS benefits, in the same manner and to the same <br />extent as member contributions made prior to the pick up arrangement; and <br /> <br />BE IT FURTHER RESOLVED that nothing herein shall be construed so as to permit or <br />extend an option to VRS members to receive the pick up contributions made by the City <br />of Martinsville directly instead of having them paid to VRS; and <br /> <br />BE IT FURTHER RESOLVED that notwithstanding any contractual or other provi- <br />sions, the wages of each member of VRS who is an employee of the City of Martinsville <br />shall be reduced by the amount of member contributions picked up by the City of Mar- <br />tinsville on behalf of such employee pursuant to the foregoing resolutions. <br /> <br />Attest: <br /> <br />Johnathan B. Phillips, Clerk of Council <br /> <br />Date Adopted <br /> <br />February 1.2000 <br />Date Effective <br /> <br /> <br />