The city manager and city clerk are authorized and directed, on behalf of the city, to prepare, execute and submit to the division of budget and comptroller of the state, a state agency, a plan and agreement for extending benefits to such eligible employees and officials of the city in the form prepared by the state agency and hereby approved and adopted by the city council, which plan and agreement are to become effective upon approval thereof by the state agency, and are further authorized and directed to execute agreements and modifications and amendments thereof with such state agency, providing for the extension of such benefits to such employees and officials as set forth in the plan and agreement as provided for in section 2-141, such plan and agreement to provide that such extension of benefits is to be effective on January 1, 1951.

(Code 1964, § 2.650)