[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, 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.
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.
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. 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.
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, 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.
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), shall accrue based on all credited service granted and
earned in accordance with this section.
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.
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.