[Adopted 10-12-1995 by Ord. No. 489]
This article specifically replaces all other ordinances or parts of ordinances establishing provisions for the Police Pension Plan. This article replaces the retirement plan for the police officers of Colwyn Borough through the adoption of the Colwyn Borough Police Retirement Plan, effective January 1, 1993.
This article establishes a retirement plan for the police officers of Colwyn Borough through the adoption of the Pension Plan document effective on January 1, 1993.[1]
[1]
Editor's Note: The Pension Plan document, as amended, is on file in the Borough offices.
In the event that any provision, section, sentence, clause or part of this retirement plan shall be held to be invalid, such invalidity shall not affect or impair any remaining provision, section, sentence, clause or part of the retirement plan, it being the intent of the Borough that such remainder shall be and remain in full force and effect.