[Adopted 1-3-2005 by Ord. No. 2005-1]
Dickinson Township, being a member municipality
of the Pennsylvania Municipal Retirement System, hereby elects to
change its member benefits in that system as authorized by the Pennsylvania
Municipal Retirement Law, as amended, and does hereby agree to be
bound by all the requirements and provisions of said article and the
law, as the case may be, and to assume all obligations, financial
and otherwise, placed upon member municipalities by said amendment,
as the case may be. All references hereafter shall be based on benefits
negotiated between the Board and the municipality under the provisions
of Article IV of the Pennsylvania Municipal Retirement Law.
[Amended 11-3-2008 by Ord. No. 2008-2]
Membership in the Pennsylvania Municipal Retirement
system shall be mandatory for all full-time municipal employees of
the Township. Membership for elected officials, part-time employees
not currently members and employees hired on a temporary or seasonal
basis is prohibited, as is membership for individuals paid only on
a fee basis.
[Amended 11-3-2008 by Ord. No. 2008-2]
Payment for any obligation established by the
adoption of this article, the agreement between the Board and Dickinson
Township, and any duly approved amendments of the agreement from time
to time, shall be made by the Township in accordance with the Pennsylvania
Municipal Retirement Law and Act 205 of 1984, the Municipal Pension
Plan Funding Standard and Recovery Act.
[Amended 11-3-2008 by Ord. No. 2008-2]
As part of this article, the Township agrees
that the system shall provide the benefits set forth in the agreement
between the Board and Dickinson Township, dated January 3, 2005, as
duly amended from time to time. The passage and adoption of this article
by Dickinson Township is an official acceptance of said agreement,
any duly approved amendments and the financial obligations resulting
from the administration of said benefit package. Dickinson Township
hereby assumes all liability for any unfundedness created or which
may be created due to the acceptance of the benefit structure outlined
in the above-referenced agreement, as duly amended from time to time.
Dickinson Township intends this article to be
the complete authorization of the Township's municipal pension plan
and it shall become effective and specifically repeal Ordinance Number
02-03 either immediately or on January 1. 2005, which is the effective
date of the agreement dated January 3, 2005, between the Pennsylvania
Municipal Retirement System and Dickinson Township, whichever is later.
[Amended 11-3-2008 by Ord. No. 2008-2]
A duly certified copy of this article, the referenced
agreement and any duly approved amendments to the agreement shall
be filed with the Pennsylvania Municipal Retirement System of the
Commonwealth of Pennsylvania. Membership for the municipal employees
of Dickinson Township in the Pennsylvania Municipal Retirement System
shall be effective the first day of January 2003, with the revised
plan structure reflected in the agreement dated January 3, 2005, effective
the first day of January 2005, and with the effective date of any
future revised plan structure as hereafter established by amendment
of the agreement from time to time.