It is hereby declared to be the policy and purpose of the Village to extend, effective
as of October 1, 1951, to the employees and officials thereof not excluded by law,
and whether employed in connection with a government or proprietary function, the
benefits of the system of old-age and survivors insurance as authorized by the Federal
Social Security Act and amendments thereto, including Public Law No. 734 of the 81st
Congress, and by F.S. ch. 650; and to cover by such plan all services which constitute
employment, as defined in F.S. § 650.02, performed in the employ of the Village by
employees thereof. In pursuance of this policy, and for that purpose, the Village
shall take such action as may be required by applicable State or federal laws or regulations.
