[Adopted 5-7-1953 by Ord. No. 1402 (Secs. 147.01 through 147.07 of the 1965 Codified Ordinances)]
[Amended 2-16-1966 by Ord. No. 1902]
There shall be paid annually to the organization or association constituting and having in charge the distribution of police pension funds in the City a sum of money sufficient to meet the requirements of and to maintain such police pension fund, which sum in no year shall be less than 1/2 of 1% of all City taxes levied by the City, other than taxes levied to pay interest on or extinguish the debt of the City or any part thereof.
[Amended 5-21-1959 by Ord. No. 1596]
The Police Association shall consist of members of the Bureau of Police of the City, including the Chief of Police, roundsmen, motorcycle and traffic officers, patrolmen, probationary patrolmen, and other officers (except ordinary employees) attached to the Bureau of Police; policewomen; sanitary police officers and park guards or police constituting the several authorized police bodies to which Police Association membership to and beneficiaries of are obligatory.
The Police Association shall organize and maintain a proper corporate organization. The funds of such Association, which shall be known as the Easton Police Association Fund, hereinafter called "police fund," shall be disbursed by its proper officers in accordance with its bylaws and this article. However, the City shall in no way be liable for the proper application of any monies after they shall have been received by the Treasurer of the Police Association, nor for the payment of any sum of money except as specified in this article.
[Amended 11-26-1969 by Ord. No. 2051]
A. 
The Association shall keep full and accurate accounts of all its transactions and its accounts with each member. It shall have the power to make rules for the transaction of its business, its time and place of meeting and the application of its funds. The Association shall have the power to invest its funds and such securities as it deems advisable.
B. 
The Association shall meet at least once a month at a stated time, and such meeting shall be open to the public. Ten members shall constitute a quorum to transact business. All incidental expenses necessary to transact and properly conduct the business of the Association shall be provided for from the police fund. No money, except as herein set forth, shall be paid out of the police fund except for purposes of relief or pensions for the persons herein specified or their dependents as contemplated in this article and specified in the bylaws of the Association.
A. 
The Treasurer of the Police Association shall give bond to the City in the sum of $2,000, and all monies over $1,000 shall be invested as authorized herein. Such bond shall be conditioned for the faithful performance of duty and the turning over to his successor in office or to some duly authorized person all records, funds and other property of the Association in his possession. Such bond shall be a surety bond, the premium on which shall be paid from the funds of the Association.
B. 
The books shall be annually audited by the City Controller, and the Association shall make an annual report to Council on the first Monday in January of each year, showing receipts, expenditures and balance, together with such other matters as shall be properly embodied in such a report or as may be required by Council.
The Police Association shall be governed by rules, bylaws and regulations not inconsistent with this article, or amendments or supplements thereto, which shall prescribe the conditions and the sum to be paid to entitle persons to membership and participation in the provisions of the fund. All sums paid by persons to become members of the Association shall be paid to the Treasurer to become part of the fund.
No pension or relief or any portion thereof granted under this article, or by the bylaws of the Police Association as a consequence thereof, shall be subject to any attachment or execution, but shall be payable only to the persons specified or their dependents in the manner and form as provided in the bylaws of the Association, nor shall such pension or relief be subject to any assignment or transfer, under penalty of forfeiture.