[HISTORY: Adopted by the Borough Council of the Borough of Summit Hill as indicated in article histories. Amendments noted where applicable.]
[Adopted 2-15-2000 by Ord. No. 1-2000]
Summit Hill Borough, 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,[1] 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.[2]
[1]
Editor's Note: See 53 P.S. § 881.101 et seq.
[2]
Editor's Note: See 53 P.S. § 881.401 et seq.
Membership in the Pennsylvania Municipal Retirement System shall be mandatory for all permanent, municipal employees of the Borough. Membership for elected officials and employees hired on a temporary or seasonal basis is prohibited, as is membership for individuals paid only on a fee basis.
Credit for service from January 1, 1989, toward the annuity of each original member shall begin to accrue upon the effective date of the agreement between the Borough and the Pennsylvania Municipal Retirement System.
Payment for any obligation established by the adoption of this article and the agreement between the system and Summit Hill Borough shall be made by the Borough in accordance with the Pennsylvania Municipal Retirement Law and Act 205 of 1984, the Municipal Pension Plan Funding Standard and Recovery Act.[1]
[1]
Editor's Note: See 53 P.S. § 895.101 et seq.
As part of this article, the Borough agrees that the system shall provide the benefits set forth in the agreement between the Board and Summit Hill Borough, dated February 15, 2000.[1] The passage and adoption of this article by Summit Hill Borough is an official acceptance of said agreement and the financial obligations resulting from the administration of said benefit package. Summit Hill Borough 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.
[1]
Editor's Note: The agreement dated 2-15-2000 is on file in the Borough office.
Summit Hill Borough intended this article to be the complete authorization of the Borough plan and therefore specifically repeals the previous agreement and ordinance dated December 15, 1988.
A duly certified copy of this article and the referenced agreement shall be filed with the Pennsylvania Municipal Retirement System of the Commonwealth of Pennsylvania. Membership for the municipal employees of Summit Hill Borough in the Pennsylvania Municipal Retirement System shall be effective the first day of January 1989, with the revised plan structure reflected in the agreement dated February 15, 2000, effective the first day of December, 1999.
[Adopted 3-9-2010 by Ord. No. 2-2010]
Summit Hill Borough (the Borough), being a member municipality of the Pennsylvania Municipal Retirement System (the system), hereby elects to change its police pension benefits in that system as authorized by the Pennsylvania Municipal Retirement Law, Act 15 of 1974,[1] as amended, and does hereby agree to be bound by all the requirements and provisions of said Law, and to assume all obligations, financial and otherwise, placed upon member municipalities. All references hereafter shall be based on benefits negotiated between the Pennsylvania Municipal Retirement Board (the Board) and the municipality under the provisions of Article IV of the Pennsylvania Municipal Retirement Law.
[1]
Editor's Note: See 53 P.S. § 881.101 et seq.
Membership in the system shall be mandatory for all full-time police officers of the Borough. Membership for elected officials, part-time officers, and employees hired on a temporary or seasonal basis is prohibited, as is membership for individuals paid only on a fee basis.
Credit for prior service for original members is granted for each year or partial year thereof that the member was employed by the Borough from original date of hire or the expiration of the member's probationary period if one so existed whichever is more recent. Benefits provided to members in the agreement dated March 9, 2010 (the agreement)[1], shall accrue based on all credited service granted and earned in accordance with this section.
[1]
Editor's Note: The agreement dated 3-9-2010, which originally followed this article, is on file in the Borough office.
Payment for any obligation established by the adoption of this article and the agreement between the system and the Borough shall be made by the Borough in accordance with the Pennsylvania Municipal Retirement Law and Act 205 of 1984, the Municipal Pension Plan Funding Standard and Recovery Act.[1]
[1]
Editor's Note: See 53 P.S. § 895.101 et seq.
As part of this article, the Borough agrees that the system shall provide the benefits set forth in the agreement. The passage and adoption of this article by the Borough is an official acceptance of said agreement and the financial obligations resulting from the administration of said benefit package. The Borough 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.
The Borough intends this article to be the complete authorization of the Borough's police pension plan and it shall become effective and specifically repeal Ordinance Number 2 of 2006 either immediately or on January 1, 2008, which is the effective date of the agreement, whichever is later.
A duly certified copy of this article and the agreement shall be filed with the system. Membership for the Police Pension Plan of the Borough in the system shall be effective the first day of October, 1987, with the revised plan structure reflected in the agreement effective the first day of January, 2009.