[Adopted 6-9-2003 by Ord. No. 12-2003;
amended in its entirety 5-14-2012 by Ord. No. 02-2012]
The Allegheny Township Police Pension Plan (the
"Plan"), which was previously established pursuant to and under the
provisions of Pub. Law 1804, 53 Pa.C.S.A. § 767 et seq.
(sometimes referred to as "Act 600"), for the benefit of the Township's
police employees, and which has been amended and supplemented by various
ordinances and resolutions of the Township's Board of Supervisors
thereafter, shall be, and hereby is, amended and restated as hereinafter
set forth.
[Adopted 2-9-2004 by Ord. No. 7-2004]
Allegheny Township, being a member municipality
of the Pennsylvania Municipal Retirement System, hereby elects to
change its member benefits in that system as authorized by the Pennsylvania
Municipal Retirement Law, Act 15 of 1974, as amended, and 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 permanent, municipal employees 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.
Credit for prior service for original members
is granted for each year or partial year thereof that the member was
employed by the Township from original date of hire or the expiration
of the member's probationary period if one so existed. Benefits provided
to members in the agreement dated __________, 200___, shall accrue
based on all credited service granted and earned in accordance with
this section.
Payment for any obligation established by the
adoption of this article and the agreement between the system and
Allegheny 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.
As part of this article, the Township agrees
that the system shall provide the benefits set forth in the agreement
between the Board and Allegheny Township, dated __________, 200___.
The passage and adoption of this article by Allegheny Township is
an official acceptance of said agreement and the financial obligations
resulting from the administration of said benefit package. Allegheny
Township hereby assumes all liability for any unfundedness created
or which may be created due to the acceptance of the benefit structure
outlined in the above-referenced agreement.
Allegheny Township intends this article to be
the complete authorization of the Township plan and it shall become
effective and specifically repeals Ordinance Number 9-1986 either
immediately or on November 1, 2003, which is the effective date of
the amended agreement dated __________, 200___, between the Pennsylvania
Municipal Retirement System and Allegheny Township, whichever is later.
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 municipal employees of Allegheny Township in the Pennsylvania
Municipal Retirement System shall be effective the first day of June
1968, with the revised plan structure reflected in the agreement dated
__________, 200___, effective the first day of November 2003.