[HISTORY: Adopted by the Township Council of the Township of Medford as indicated in article histories. Amendments noted where applicable.]
Administration — See Ch. 5.
[Adopted 8-26-2008 by Ord. No. 2008-25]
Pursuant to N.J.S.A. 43:15C-2, the following positions are deemed eligible and shall participate in the Defined Contribution Retirement Program:
Director of Recreation.
Director of Municipal Utilities.
Director of Public Works.
Director of Public Safety.
Superintendent of Public Works.
Superintendent of Utilities.
Municipal Court Judge.
Individuals serving in the following positions are exempt from Defined Contribution Retirement Program membership, pursuant to N.J.S.A. 43:15C-2:
Notwithstanding the above, individuals who are already enrolled in a Public Employees Retirement System (PERS) position may continue Defined Contribution Retirement Program their PERS position when serving in a Defined Contribution Retirement Program position as long as employment is continuously according to the law.
This article shall be implemented, construed and subject to the aforesaid Chapter 92 of the Laws of 2007 (N.J.S.A. 43:15C-1 et seq.), as amended from time to time, and any regulation or guidance documents from the Local Finance Board or the Division of Pension and Benefits.