[Ord. 957, 6/8/1981, § 1; as amended by Ord. 1019,
4/13/1987]
1.
Borough
Council hereby establishes a Pension Plan for present and future Borough
employees who are members of Local No. 181, United Auto Workers, or
any successor union representing as a bargaining agent those classes
of employees of the Borough who presently are represented by said
local and for full-time paid employees of the Bristol Borough Fire
Department and the following full-time employees of the Borough: Borough
Manager, Water Plant Foreman, Sewer Plant Foreman, Street and Highway
Foreman, Borough Manager's Secretary, Borough Bookkeeper, Borough
Inspector and Police Chief's Secretary. To be eligible for payment
of a pension, said employees shall be required to have been in the
employ of the Borough on a full-time basis for a continuous period
of 12 years and shall have arrived at the age of not less than 45
years.
2.
Effective
January 1, 2014, the plan will be frozen to new employees. No new
employees will enter the plan as of that date, but they will instead
participate in a defined contribution pension plan to be established
for the benefit of such individuals, subject to the eligibility and
other provisions of that plan. All participants already in this plan
as of January 1, 2014, will continue to be participants in the plan
and continue to earn benefits under the terms of the plan.
[Added by Ord. 1302, 8/11/2014]
[Ord. 957, 6/8/1981, § 2; as amended by Ord. 1019,
4/13/1987; by Ord. 1025, 2/8/1988; by Ord. 1041, 5/8/1989; by Ord.
1087, 2/14/1994; by Ord. 1156, 10/10/2000; and by Ord. 1184, 3/8/2004]
1.
Said person shall be paid monthly upon retirement. An employee who
retires at the following ages shall receive the following percentage
of pension benefits. To receive a pension payment, the minimum age
shall be 55 years or as hereinafter set forth.
|
Age
|
Percentage of Benefit
|
|---|---|
|
65
|
100%
|
|
64
|
95%
|
|
63
|
90%
|
|
62
|
85%
|
|
61
|
80%
|
|
60
|
75%
|
|
59
|
70%
|
|
58
|
65%
|
|
57
|
60%
|
|
56
|
55%
|
|
55
|
50%
|
2.
The monthly pension benefit shall be in an amount equal to 50% of
the employee's average monthly salary based upon the final 36 months
of employment prior to retirement or termination. An employee shall
earn 4% per year of the maximum pension benefit for each year of employment
with the Borough with a minimum of 12 years of employment to be eligible.
In addition, if said employee shall have worked continually for the
Borough as a full time employee in excess of 12 years, his monthly
pension shall be increased for each full year in excess thereof by
an amount equal to his base hourly rate of pay last previously earned
in the full time employment of the Borough. Provided, however, for
employees with 25 or less years of employment, the monthly pension
benefit shall not be increased by more than $300 per month by reason
of an increase due to years of service. An employee with more than
25 years experience shall be entitled to an increase in pension benefits
by increasing the monthly benefit by hourly rate for each year of
employment over 12 years without any maximum benefit being established.
Retired employees shall receive all additional benefits as new benefits
are negotiated into the Employees Pension Plan of the Borough of Bristol.
A.
Any employee having attained the age of 65 with not less than 10
years service, will receive a pension in the amount of 25% of the
employee's average monthly salary based on the final 36 months of
employment prior to retirement.
B.
An employee with 30 or more years of service shall be entitled to
retire with a pension of 50% of the maximum monthly pension benefit
if the employee retires at age 50. For each year of service over 30
years, the employee shall be entitled to an increase of pension benefits
of 3% per year of the maximum benefit.
C.
When an employee dies subsequent to his retirement, his surviving
spouse shall be entitled to a benefit equal to 50% of the monthly
pension benefit to which the employee would have been entitled. The
benefit shall continue until such time as the surviving spouse remarries
or dies.
[Ord. 957, 6/8/1981, § 3]
Said pension shall be paid, commencing at age 65, to said employee
qualifying hereunder during said employee's lifetime and his death
shall terminate the Borough's obligation hereunder, except that the
Borough shall be obligated to pay to the heir designated in writing
by an employee qualified hereunder who retired at ages 65 and died
after receiving 36 monthly pension payments said monthly pension for
the balance, if any, of said 36 months. Likewise, in the event an
employee qualifies hereunder, except that he dies prior to attaining
the age of 65 years, Borough shall be obligated to pay to the heir
so designated 36 monthly pension payments commencing with the first
day of the month succeeding the day said employee would have attained
the age of 65 had said employee so lived to said age.
[Ord. 957, 6/8/1981, § 4; as amended by Ord. 1019,
4/13/1987]
An employee who, at age 45 years or older, resigns from employment with the Borough or who is discharged from Borough employment (except from alcoholism or drug addiction) after having continuously worked as a full-time Borough employee for 12 years or more, shall be entitled at age 65 to receive the pension provided by this plan and the heir he designates in writing shall likewise be entitled to payment for the balance, if any, of said 36 months as provided in § 1-863, hereof.
[Ord. 957, 6/8/1981, § 5]
In no case shall the Borough commence pension payments until
the employee has attained 65 years of age or the date he would have
so attained said age, except that, if at age 45 years or older, an
employee while then employed as a full-time Borough employee and having
so been continuously for the past 10 years or longer becomes "totally
disabled" by any condition, sickness, or accident, other than alcoholism
or drug addiction, the Borough shall commence payment of said pension
on the first day of the seventh month after said employee has been
determined to be "totally disabled" by a physician or physicians chosen
by the Borough to examine said employee. In such case said pension
shall be paid as long as said "total disablement" remains. Heirs of
said employee shall not be entitled to receive any payment in the
event said employee dies while "totally disabled" prior to having
received 36 monthly pension payments. "Total disablement" shall be
determined in accordance with the standards, rules and regulations
established for said purpose under the United States Social Security
Act, as amended from time to time. Said employee shall be required
to submit to any and all medical examinations and tests from time
to time requested by Borough, all at Borough's expense, and failure
to so submit shall result in forfeiture of payments hereunder.
[Ord. 957, 6/8/1981, § 6; as amended by Ord. 1019,
4/13/1987]
1.
This Employees Pension Fund shall be supported by contributions as
follows:
A.
Each active member shall contribute to the Fund 6% of his basic monthly
salary, provided that no member who, by reason of disability, has
become eligible for benefits hereunder shall be required to make any
contributions to the Fund. The Borough Treasurer shall establish a
system of payroll deductions to administer member contributions.
B.
Borough Council shall make such contributions on an annual basis
as are needed to provide for pension payments in accordance with this
Plan and in compliance with Act 205 or other applicable regulation.
[Ord. 957, 6/8/1981, § 7]
If any member severs his employment with the Borough, voluntarily
or involuntarily, before he becomes eligible to receive any benefits
under this Plan, he shall be paid from the assets of the Employees
Pension Fund hereby created an amount equal to his total mandatory
contributions while he was a member with 4% interest while such money
shall be in lieu of any other payment of liability of the Employees
Pension Fund to such member upon his severing of employment with the
Borough. If such discontinuance is due to death, such moneys shall
be paid to his designated beneficiary or, in the absence thereof,
to his estate.
[Ord. 957, 6/8/1981, § 8]
Years of full-time employment by the Borough shall be computed
commencing with the date of full-time employment of each employee.
A list thereof shall be prepared by the Borough Manager after adoption
hereof and submitted to union for approval. After said approval, said
agreed list shall be binding upon Borough, all employees and union.
[Ord. 957, 6/8/1981, § 9]
To qualify toward a pension, one year of full-time Borough employment
shall mean that the employee actually worked 1,700 hours that particular
year. All vacation time, sick leave, holidays, and other paid absences
from work shall be included in said computation; provided, however,
an employee shall be entitled to credit toward said 1,700 hours of
any year any straight or overtime hours worked by him in excess of
1,700 hours during any other year as a full-time Borough employee.
[Ord. 957, 6/8/1981, § 10]
Under no circumstances shall Borough be obligated to make pension
payments to any person, firm or corporation other than the entitled
employee or his heir designated by him in writing which may be changed
from time to time as an employee elects. After adoption hereof, each
employee shall furnish Borough in writing with the name and address
of his selected heir for the purpose of this plan, together with said
employee's address where said pension shall be mailed while he remains
alive. Borough shall not be liable to any person for any payment made
in accordance with said direction. In the event an employee fails
to designate an heir, or if the designated heir shall die while still
entitled to receive additional pension payments, Borough shall make
the remaining payments payable to the estate of the deceased employee
or designated heir, as the case may be, and mail same to the last
known address thereof.
[Ord. 957, 6/8/1981, § 11]
Employees receiving pension payments shall be required to give
Borough written notice of all changes of address and the designated
heir entitled to payment shall likewise be obligated to do so, together
with being required to furnish Borough with a death certificate for
the employee. Borough shall not be liable to any person for payments
made in accordance with these requirements.
[Ord. 957, 6/8/1981, § 12]
1.
This Plan shall not apply to Borough employees within the Police
Department, part-time employees, or any full-time present or future
Borough employees not within the present bargaining unit or union.
However, the plan shall include full-time paid employees of the Bristol
Borough Fire Department and the following full-time employees of the
Borough:
[Ord. 957, 6/8/1981, § 13]
Anything herein to the contrary notwithstanding, this plan shall
automatically comply with all requirements of any enabling legislation
now or hereinafter adopted by the General Assembly of the Commonwealth
of Pennsylvania regulating payment of pension by Boroughs to employees.
[Ord. 957, 6/8/1981, § 14; as amended by Ord. 1019,
4/13/1987]
Council shall by motion designate the Trustee to hold, manage,
invest and distribute the Fund in accordance with this Plan. Committee
shall adopt rules and regulations necessary to create and administer
the Borough Employee Pension Plan hereby created and assist the Borough
Council in its choice of Trustee, who shall perform the various duties
hereinafter described. The Committee shall serve only as an advisory
to Borough Council and all actions in connection with the Borough
Employees Pension Plan shall be at the direction of and undertaken
by the Borough Council.
[Ord. 957, 6/8/1981, § 15]
The Borough Employees Pension Committee shall consist of three
Borough residents one of which shall be a member of the Borough Employees
Union. The Committee shall adopt rules and regulations necessary to
create and administer the Borough Employees Pension Fund hereby created
and assist the Borough Council in its choice of Trustee who shall
perform the various duties hereinafter described. The Committee shall
serve only as an advisory to Borough Council and all actions in connection
with the Borough Employees Pension Fund shall be at the direction
and undertaken by the Borough Council.
