[Adopted 7-13-1981 by Ord. No. 1981-2 as Ch. I, Part 8B,
of the 1981 Code]
Latrobe, having placed all of its employees,
as far as they are eligible, under the Federal Social Security Act,
hereby elects to join the Municipal Employees' Retirement System,
established by the Municipal Employees' Retirement Law, Act of June
4, 1943, P.L. 886, as amended,[1] and does hereby agree to be bound by all the requirements
and provisions of said Municipal Employees' Retirement Law and the
amendments thereto and to assume all obligations, financial and otherwise,
placed upon member municipalities by said Municipal Employees' Retirement
Law and the amendments thereto.
[1]
Editor's Note: See 53 P.S. § 881.101
et seq.
Membership in the Municipal Employees' Retirement
System for elected officials shall be optional, and membership therein
for employees paid on a per diem basis shall be optional. The election
by elected officials and per diem employees to join said system must
be made within one year from the date of this article or within one
year after the official or employees first enters the service of Latrobe.
Officers and employees paid wholly on a fee basis shall not be eligible
for membership in the system.
Credit for prior service toward the municipal
annuity of each original member shall be for 21 years of service to
Latrobe. Latrobe does hereby assume the liability for payment of 100%
of the original member's contributions for 21 years of service toward
the original member's annuity for the prior service of each original
member.
Payment for the prior service as set forth in § 26-3 hereof shall be made by Latrobe in accordance with said Municipal Employees' Retirement Law[1] and may be spread over a period of 30 years if Latrobe
so elects and with the approval of the Municipal Employees' Retirement
Board.
[1]
Editor's Note: See 53 P.S. § 881.101
et seq.
Latrobe does hereby elect to extend the provisions
of Section 20.1 of the Municipal Employees' Retirement Law, Act of
June 4, 1943, P.L. 886, added by the Act of August 24, 1963, No. 485,[1] so that contributors to the retirement system shall have
the options and enjoy the protections of the provisions set forth
in Subsections (a) and (b) of Section 20.1 of the Municipal Employees'
Retirement Law, and Section 20.1 is hereby incorporated and made a
part hereof by reference thereto.
[1]
Editor's Note: See 53 P.S. § 881.101
et seq.
