[HISTORY: Adopted by the Borough Council of the Borough of
Netcong as indicated in article histories. Amendments noted where
applicable.]
[Adopted 2-11-2010 by Ord. No. 2010-1]
Pursuant to N.J.S.A. 43:15C-2, the following positions are deemed
to be eligible for and shall participate in the Defined Contribution
Retirement Program if and when the position is filled by a qualified
and eligible individual:
Individuals serving in the following positions are exempt from
Defined Contribution Retirement Program membership, pursuant to N.J.S.A.
43:15C-2:
This article shall be implemented, construed and subject to
the aforesaid Chapter 92 of the Laws of 2007 (N.J.S.A. 43:15C-1 et
seq.) as amended from time to time, and any regulations or guidelines
provided by the Local Finance Board or the Division of Pensions and
Benefits.