Ventnor City, NJ Article II Defined Contribution Retirement Program

[Adopted 12-17-2009 by Ord. No. 2009-24]

§ 30-2 Eligible positions.

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:

A. City Administrator;

[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]

B. Chief Financial Officer, Tax Collector, Tax Assessor, Construction Code Official;

C. Prosecutor;

D. Solicitor;

E. City Engineer;

F. Commissioner – Department of Public Works;

G. Commissioner – Department of Revenue and Finance.

§ 30-3 Exempt positions.

Individuals serving in the following positions are exempt from Defined Contribution Retirement Program membership, pursuant to N.J.S.A. 43:15C-2:

A. City Administrator;

[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]

B. Tax Collector;

C. Chief Financial Officer;

D. Tax Assessor;

E. Construction Code Official;

F. City Engineer;

§ 30-4 Construal of provisions.

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 guidance documents from the Local Finance Board or the Division of Pensions and Benefits.

§ 30-5 Filing of provisions.

A copy of this article shall be filed with the Director of the Division of Pensions and Benefits of the New Jersey Department of the Treasury.