[HISTORY: Adopted by the Board of Supervisors of the Township
of Union as indicated in article histories. Amendments noted where
applicable.]
[Adopted 12-28-1995 by Ord. No. 95-5]
The Township hereby elects to enroll its municipal employees
in the Pennsylvania Municipal Retirement System (the PMRS), established
by the Pennsylvania Municipal Retirement Law, Act 15 of 1974, as amended
(the Act),[1] with the express purpose of having the PMRS administer
the pension plan established for the municipal employees of the Township.
The Township does hereby agree to be bound by all the requirements
of the Act and other applicable laws and to assume all obligations,
financial and otherwise, placed upon member municipalities by the
Act. All references hereafter shall be based on benefits negotiated
between the Board of the PMRS and the Township as provided in the
Act.
[1]
Editor's Note: See 53 P.S. § 881.101 et seq.
[Amended 3-18-2013 by Ord. No. 2013-01]
Union Township (the Township), being a member municipality of
the Pennsylvania Municipal Retirement System (the System), hereby
elects to amend its Municipal Pension Plan administered by the System
in accordance with Article IV of the Pennsylvania Municipal Retirement
Law, 53 P.S. § 881.101 et seq. (Retirement Law), and does
hereby agree to be bound by all the requirements and provisions of
the Retirement Law and the Municipal Pension Plan Funding Standard
and Recovery Act, 53 P.S. § 895.101 et seq., and to assume
all obligations, financial and otherwise, placed upon member municipalities.
[Amended 3-18-2013 by Ord. No. 2013-01; 7-20-2020 by Ord. No. 2020-02]
As part of this article, the Township agrees that the System
shall administer and provide the benefits set forth in the amended
municipal pension plan contract entered into between the Pennsylvania
Municipal Retirement Board and the Township, with the effective date
as set forth in the adoption agreement being July 1, 2020 (the "contract").
[Amended 3-18-2013 by Ord. No. 2013-01]
The passage and adoption of this article by the Township is
an official acceptance of the contract and the financial obligations
resulting from the administration of the contract.
[Amended 3-18-2013 by Ord. No. 2013-01]
Payment for any obligation established by the adoption of this
article and the contract shall be made by the Township in accordance
with the Retirement Law and the Municipal Pension Plan Funding Standard
and Recovery Act. The Township hereby assumes all liability for any
unfundedness created due to the benefit structure set forth in the
contract.
[Amended 3-18-2013 by Ord. No. 2013-01; 7-20-2020 by Ord. No. 2020-02]
The Township intends this article to be the complete authorization
of the contract.
[Amended 3-18-2013 by Ord. No. 2013-01]
A duly certified copy of this article and an executed contract
shall be filed with the system.
[Amended 3-18-2013 by Ord. No. 2013-01; 7-20-2020 by Ord. No. 2020-02]
All prior ordinances of the Township, or sections thereof, are
repealed and declared unenforceable insofar as they are inconsistent
with the provisions of this article.
