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 that 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.
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.
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may be rescinded or changed, without the consent of the beneficiary,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 that 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.