It is hereby declared to be the policy and purpose of the City to extend, effective
as of July 1, 1951, to the employees thereof, not excluded by law, and whether employed
in connection with a governmental 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 734 of the Eighty-First Congress, and
by Laws of Fla. ch. 26841(1951); and to cover by such plan all services which constitute
employment as defined in Laws of Fla. ch. 26841(1951), § 2, performed in the employ
of the City by employees thereof. In pursuance of such policy, and for that purpose,
the City shall take such action as may be required by applicable state or federal
laws or regulations.