[Adopted 7-14-2008 by Ord. No. 51-2008]
On and after July 1, 2007, newly appointed officials
in the Borough must enroll in Defined Contribution Retirement Program
(DCRP), not Public Employees' Retirement System (PERS), if the position
requires the specific consent and/or approval of the elected governing
body. Borough employees appointed to a position by elected officials,
such as Mayoral appointments, or appointments made with the "advice
and consent" of the Council shall also be DCRP positions.
An appointed official in the Borough who is
already enrolled in the PERS prior to July 1, 2007, based on an elected
and/or appointed office, will remain a PERS member while in that office/position.
If, however, on or after July 1, 2007, there is a break of service
in that office/position, or the official is elected to a different
elected office, the official will be enrolled in the DCRP and cannot
continue with PERS membership in the newly elected office/position.
Pursuant to N.J.S.A. 43:15C-2, the following
positions are deemed to be eligible for and shall participate in the
Defined Contribution Retirement Program:
Individuals serving in the following positions
are exempt from Defined Contribution Retirement Program membership,
pursuant to N.J.S.A. 43:15C-2:
A. Certified Health Officer;
D. Construction Code Official;
E. Qualified Purchasing Agent;
H. Registered Municipal Clerk;
I. Licensed Uniform Subcode Inspector;
J. Principal Public Works Manager.
This article shall be implemented, construed
and subject to the aforesaid Chapter 92 of the Laws of 2007 (N.J.S.A.
43:15C-1 et seq.) as amended from time to time, and any regulations
or guidance documents from the Local Finance Board or the Division
of Pensions and Benefits.