[HISTORY: Adopted by the Borough Council of the Borough of
Greencastle 5-3-2010 by Ord. No. 2010-01.[1] Amendments noted where applicable.]
[1]
Editor's Note: This ordinance superseded former Ch. 34, Pensions, which contained Art. I, Municipal Employees Retirement Fund, adopted 1-21-1974 by Ord. No. 5-74 (Ch. 1, Part 5B, of the 1985 Code), as amended, and Art. II, Police Pension Fund, adopted 1-6-1975 by Ord. No. 1-75 (Ch. 1, Part 5D, of the 1985 Code), as amended.
The plan document entitled "Greencastle Borough Non-Uniform
Retirement Plan," as effective on January 1, 1997, and as may be amended
or restated, is considered an integral part of this article.
The administration of the plan and the determination of eligibility
for benefits, source and allocation of funds, calculation of retirement
benefits, return of member contributions, vesting terms of retirement
benefits, and other matters associated with its continuation and establishment
shall be in accordance with the terms and conditions of the Greencastle
Borough Non-Uniform Retirement Plan, as may be amended or restated,
which is incorporated herein by reference.
The plan document entitled "Greencastle Borough Police Retirement
Plan," as effective on January 1, 2003, and as may be amended or restated,
is considered an integral part of this article.
The administration of the plan and the determination of eligibility
for benefits, source and allocation of funds, calculation of retirement
benefits, return of member contributions, vesting terms of retirement
benefits, disability retirement, death benefits and other matters
associated with its continuation and establishment shall be in accordance
with the terms and conditions of the Greencastle Borough Police Retirement
Plan, as may be amended or restated, which is incorporated herein
by reference.
