[HISTORY: Adopted by the Board of Supervisors of Fairview
Township as indicated in article histories. Amendments noted where
applicable.]
[Adopted 1-21-1998 by Ord. No. 98-27]
Fairview Township, a product of the consolidation of the former
Fairview Township and Fairview Borough, being a member municipality
of the Pennsylvania Municipal Retirement System, does hereby agree
to be bound by all the requirements and provisions of the Pennsylvania
Municipal Retirement Law, under Article IV[1], as amended, and to assume all obligation, financial and
otherwise, placed upon member municipalities by said Article. All
references hereafter shall be based on benefits negotiated between
the Board and Fairview Borough under the provisions of Article IV.
[1]
Editor's Note: See 53 P.S. § 881.401 et seq.
Membership in the Pennsylvania Municipal Retirement System shall
be mandatory for all full-time police officers of the Township, if
any after consolidation. 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 employees is granted for
each year or partial year thereof that the member was employed by
the Borough from original date of hire. Benefits provided to members
in the agreement dated November 13, 1996, 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 Fairview Borough
shall be made by the Township in accordance with the Pennsylvania
Municipal Retirement Law[1] and Act 205 of 1984, the Municipal Pension Plan Funding
Standard and Recovery Act.[2]
As part of this article, the Township agrees that the System
shall provide the benefits set forth in the agreement between the
Board and Fairview Borough, dated November 13, 1996. The passage and
adoption of this article by Fairview Township is an official acceptance
of said agreement and the financial obligations resulting from the
administration of said benefit package. Fairview Township hereby assumes
all liability for any unfundedness created due to the acceptance of
the benefit structure outlined in the above-referenced agreement.
Fairview Township intends this article to be the complete authorization
of the former Borough's Police Pension Plan.
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 Police Pension
Plan of the former Fairview Borough, now by consolidation Fairview
Township, in the Pennsylvania Municipal Retirement System shall be
effective the first day of February 1981, with the revised plan structure
reflected in the agreement dated November 13, 1996, effective the
first day of October 1996.
