[Adopted 9-2-1993 by Ord. No. 14-1993]
[Amended 2-18-2015 by Ord. No. 3-2015; 11-6-2019 by Ord. No. 33-2019]
A.
The Township
shall assume the cost of health benefits coverage for retired employees
with titles not covered by any collective negotiations agreement who
have retired after 25 or more years of service with the Township of
Pemberton, and who are in receipt of monthly retirement allowances
from the Public Employees Retirement System or the Police and Firemen’s
Retirement System. The obligation authorized hereunder shall not be
extended to any dependents or spouses of the retired employee, but
shall relate solely to the cost of actual or imputed premiums allocable
to the retired employee. The benefits provided hereunder shall not
be in excess of the benefits provided to current employees covered
under current collective negotiations agreements at the time this
section is adopted or as may be modified in the future.
[Amended 5-19-2021 by Ord. No. 18-2021]
B.
For the purposes of this section, the phrase “after 25 or more years of continuous service with the Township of Pemberton” in Subsection A above shall include 25 or more years of continuous service rendered to the Pemberton Township Municipal Utilities Authority by employees who have retired from the PTMUA prior to the effective date of this section and are receiving monthly retirement allowances from the Public Employees Retirement System, under the same terms and conditions outlined in Subsection A above.
C.
Provided they do not have a break in service between employers, current employees of the Pemberton Township Municipal Utilities Authority, who accept employment with the Township upon dissolution of the PTMUA, shall receive credit for years of service rendered to the PTMUA under the Township’s program for payment of premiums toward health benefits in retirement, under the same terms and conditions outlined in Subsection A above and/or as per the provisions of an applicable collective negotiations agreement.
