Each employee who is employed as a regular,
full-time permanent member of the Police Department of the employer
shall participate herein as of the date on which such employee’s
employment first commences or recommences provided all prerequisites
to participation under this plan shall have been fulfilled, including,
but not limited to, completion of all forms required by the plan administrator.
Each employee who was a participant in the plan on the day prior to
the restatement date shall continue to be a participant on and after
the restatement date subject to the terms and conditions of the plan
as set forth herein.
The Council shall furnish the plan administrator with written notification of the appointment of any new full-time permanent employee who is eligible for participation hereunder. Each participant hereunder shall be required to make contributions to the plan, as provided in §
33-7 hereof, and shall execute and complete any enrollment or application forms as required by the plan administrator.
Any new, full-time employee who becomes a participant
hereunder shall provide a written notice in the manner prescribed
by the plan administrator which designates a beneficiary at the time
participation commences. The participant’s election of any such
beneficiary may be rescinded or changed, without the consent of the
beneficiary, at any time provided the participant provides the written
notice of the changed designation to the plan administrator in the
manner prescribed by the plan administrator. Any designation of a
beneficiary made in any manner other than one acceptable to the plan
administrator shall be null and void and have no effect under the
terms of this plan.
A participant who remains in the service of
the employer but ceases to be an employee eligible for participation
hereunder, or ceases or fails to make any contributions which are
required as a condition of participation hereunder, shall have no
further benefit accruals occur until the individual again qualifies
as a participant hereunder eligible to resume such accrual of benefits.
The employer shall furnish the plan administrator
with such information as will aid the plan administrator in the administration
of the plan. Such information shall include all pertinent data on
employees for purposes of determining their eligibility to participate
in this plan.