[Adopted 11-12-1990 by Ord. No. 543, approved 11-12-1990]
The Borough of Eddystone Police Pension Plan is hereby restated
and the Police Pension Fund is hereby recreated pursuant to the Act
of May 29, 1956, P.L. 1804 (Act 600), as amended. The plan and fund shall be under the general direction
of the Borough Council, with the Borough Secretary having the primary
responsibility to administer the plan and fund.
In the event that a member is killed in service before becoming
eligible to retire, dies after having retired or dies while still
active but after becoming eligible to retire, then the spouse shall
be entitled, during the spouse's lifetime or so long as the spouse
does not remarry, to receive a pension equal to 50% of the pension
the member was receiving or would have received had the member been
eligible for a superannuation pension at the time of the member's
death. If no spouse survives or if the spouse survives and subsequently
dies or remarries, then the child or children under the age of 18
of the member shall be entitled to receive the same pension, which
shall then cease at the age of 18.