[1]
Editor's Note: Ord. No. 811, §§ 1, 2, adopted March 12, 1979, specifically amended the Code by repealing former Div. 3, § § 2-242—2-247, and adopting in lieu thereof new Div. 3, §§ 2-242—2-246, as herein set out. Former Div. 3 pertained to the Pension Committee and had been derived from Ord. No. 545, §§ 6.01—6.06, adopted Aug. 12, 1968.
[Ord. No. 811,
§ 2, 3-12-1979]
The plan shall be administered by the Township Council.
[Ord. No. 811,
§ 2, 3-12-1979]
The Council shall act by a majority of its members or in writing
without a meeting.
[Ord. No. 811,
§ 2, 3-12-1979]
The Council shall appoint a Secretary who may be, but need not
be, one of its own members. He shall keep complete records of the
administration of the plan.
[Ord. No. 811,
§ 2, 3-12-1979]
The Council shall have all powers necessary to administer the
plan in accordance with its terms and provisions. The Council may
provide rules and regulations for administration of the plan consistent
with its terms and provisions. Any construction, interpretation or
application of the plan by the Council shall be final, conclusive
and binding on all persons. The Council may authorize each or any
one of its members to perform routine acts and to sign documents of
its behalf. The Council may appoint agents and may employ attorneys,
actuaries and accountants as necessary.
[Ord. No. 811,
§ 2, 3-12-1979]
The Township shall pay all expenses authorized and incurred
by the Council in the administration of the plan, except to the extent
such expenses are paid from the trust.
