[HISTORY: Adopted by the Board of Supervisors of the Township
of Nockamixon as indicated in article histories. Amendments noted
where applicable.]
GENERAL REFERENCES
Salaries and compensation — See Ch.
41.
Social security — See Ch.
45.
[Adopted 6-20-2013 by Ord. No. 149]
Nockamixon Township (the "Township"), being a member municipality
of the Pennsylvania Municipal Retirement System (the "System"), hereby
elects to amend its Municipal Pension Plan administered by the System
in accordance with Article IV of the Pennsylvania Municipal Retirement
Law, 53 P.S. § 881.101 et seq. ("Retirement Law"), and does
hereby agree to be bound by all the requirements and provisions of
the Retirement Law and the Municipal Pension Plan Funding Standard
and Recovery Act, 53 P.S. § 895.101 et seq., and to assume
all obligations, financial and otherwise, placed upon member municipalities.
As part of this article, the Township agrees that the System
shall administer and provide the benefits set forth in the amended
municipal pension plan contract entered into between the Pennsylvania
Municipal Retirement Board and the Township effective April 1, 2013
(the "contract").
The passage and adoption of this article by the Township is
an official acceptance of the contract and the financial obligations
resulting from the administration of the contract.
Payment for any obligation established by the adoption of this
article and the contract shall be made by the Township in accordance
with the Retirement Law and the Municipal Pension Plan Funding Standard
and Recovery Act. The Township hereby assumes all liability for any
unfundedness created due to the benefit structure set forth in the
contract.
The Township intends this article to be the complete authorization
of the contract, and it shall become effective and specifically repeal
Ordinance Number 136, either immediately or on April 1, 2013, which
is the effective date of the contract, whichever is later.
A duly certified copy of this article and an executed contract
shall be filed with the System.
[Adopted 2-22-1994 by Ord. No. 77]
Nockamixon Township hereby elects to enroll its police officers
in the Pennsylvania Municipal Retirement System, as authorized by
the Pennsylvania Municipal Retirement Law, Act 15 of 1974, as amended, with the express purpose of having the Pennsylvania Municipal
Retirement System administer the retirement plan established by the
Township for its police officers. The Township does hereby agree to
be bound by all the requirements and provisions of said law and to
assume all obligations, financial and otherwise, placed upon member
municipalities. All references hereafter shall be based on benefits
negotiated between the Board and the municipality under the provisions
of Article IV of the Pennsylvania Municipal Retirement Law.
Membership in the Pennsylvania Municipal Retirement System shall
be mandatory for all full-time police officers of the Township. Membership
for elected officials and employees hired on a temporary or seasonal
basis is prohibited, as is membership for individuals paid only on
a fee basis.
As part of this article, the Township and the Pennsylvania Municipal
Retirement System shall be bound by the terms set forth in the agreement
between the Township and the Pennsylvania Municipal Retirement System
Board bearing even date herewith. The agreement is attached hereto,
marked Exhibit A, and incorporated herein. It is the intention of said agreement to provide police
officers enrolled in the Police Pension Plan the benefits set forth
in the agreement. The passage and adoption of this article is conditional
upon the Pennsylvania. Municipal Retirement Board accepting the terms
and provisions of said agreement. The passage and adoption of this
article by Nockamixon Township is an official acceptance of said agreement
and the financial obligations resulting from the administration of
said benefit package. At the time of adoption of this article, the
Police Pension Plan is actuarially sound. However, Nockamixon Township
hereby assumes all liability for any unfundedness created due to the
acceptance of the benefit structure provided in the agreement.
Credit for prior service for original employees is granted for
each year or partial year thereof that the member was employed by
the Township from the original date of hire. Benefits provided to
members in Exhibit A shall accrue based on all credited service granted
and earned in accordance with this section. The Nockamixon Township
police officer enrolled in the Nockamixon Township Police Pension
Plan who has vested benefits shall receive those benefits in accordance
with the terms of Exhibit A.
Payment for any obligation established by the adoption of this
article and the agreement between the system and Nockamixon Township
shall be made by the Township in accordance with the Pennsylvania
Municipal Retirement Law and Act 205 of 1984, the Municipal Pension
Plan Funding Standard and Recovery Act.
By adoption of this article, the Township agrees to terminate, upon the effective date of membership in the Pennsylvania Municipal Retirement System, any previously maintained municipal pension program applicable to those employees identified as members in §
27-9 of this article as well as any vestees specifically provided for in Exhibit A and to transfer any assets from any existing plan to offset the established liability. Nockamixon Township also acknowledges that an affirmative vote representing at least 75% of the plan members indicated the members were in agreement with the establishment of the plan with the Pennsylvania Municipal Retirement System.
Nockamixon Township intends this article to be the complete
authorization of the Township's police pension plan and, therefore,
specifically repeals Ordinance No. 55 and all other inconsistent ordinances.
It is the intention of the Township, however, that this article and
the agreement attached hereto as Exhibit A shall provide a continuation
of benefits to Nockamixon Township police officers under Ordinance
No. 55.
A duly certified copy of this article and the referenced agreement
shall be filed with the Pennsylvania Municipal Retirement System of
the Commonwealth of Pennsylvania. Membership for the Police Pension
Plan of Nockamixon Township in the Pennsylvania Municipal Retirement
System shall be effective the first day of January, 1994.