[Ord. 990, 2/14/2002]
The previous ordinances or resolutions relating to the Borough
of Shillington Police Pension Plan with an effective date prior to
the adoption date of the amendment and restatement of the plan are
hereby repealed with respect to benefits accruing on or after the
amendment and restatement effective date, and the attached amendment
and restatement of the plan is enacted;[1] and further, the previous ordinances or resolutions relating
to the plan's trust fund with an effective date prior to the
adoption date of the amendment and restatement of the trust are hereby
repealed, and the attached amendment and restatement of the trust
is enacted. Michael D. Mountz is appointed as the chief administrative
officer of the plan. Michael D. Mountz, as the agent of the employer,
is authorized and directed to execute the attached amendment and restatement
of the plan and the attached amendment and restatement of the trust.
The Shillington Borough Council is hereby confirmed as the trustee
of the trust.
[1]
Editor's Note: The "attached amendment and restatement"
of the plan and trust is on file in the Borough offices.
[Ord. 1010, 10/9/2003; as amended by Ord. 1011, 10/9/2003;
by Ord. 1075, 11/8/2007; by Ord. 1092, 1/8/2009; and by Ord. 1105,
1/4/2010]
1.
Amending §§ 3.6, 4.1 and 4.2 of the plan by providing
changes mandated by Act 30 of 2002.
2.
Amending the plan to comply with Revenue Ruling 2001-62, Revenue
Ruling 2002-27, and the final regulations issued under Internal Revenue
Code, § 401(a)(9).
3.
Amending the plan to comply with Treasury Regulation, § 1.415-6(b)(II),
and the final regulations issued under Internal Revenue Code, § 401(a)(9).
4.
Amending the plan to comply with the Pension Funding Equity Act of
2004, Pension Protection Act of 2006, and the final regulations issued
under Internal Revenue Code, § 415.
5.
Amending the plan in order to comply with Act 600 of 1956, as amended
by Act 51 of 2009, the Emergency and Law Enforcement Personnel Death
Benefits Act.
6.
Amending the plan in order to comply with the Pension Protection
Act of 2006 and the Heroes Earnings Assistance and Relief Tax Act
of 2008 (HEART).
[Added by Ord. 1129, 11/10/2011]
7.
Amending
the plan in order to comply with the state laws and regulations in
effect as of May 20, 2014.
[Added by Ord. 1167, 6/18/2015]
