[Adopted 3-31-2009 by Ord. No. 365]
A.
There is hereby created the West Whiteland Township
Pension Advisory Board, which shall consist of five voting members
appointed by the Board of Supervisors. Voting members shall be residents
of the Township. Except as otherwise provided by applicable law, a
voting member of the Pension Advisory Board may be removed by the
Board of Supervisors at any time with or without cause.
B.
The Pension Advisory Board shall also include two
nonvoting members appointed by the Board of Supervisors, which shall
include one uniformed employee of West Whiteland Township and one
nonuniformed employee of West Whiteland Township. Nonvoting members
need not be residents of the Township. Except as otherwise provided
by applicable law, a nonvoting member of the Pension Advisory Board
may be removed by the Board of Supervisors at any time with or without
cause.
C.
Three voting members shall constitute a quorum.
A.
The term of membership shall be three years, except
as originally established herein.
The Board of Supervisors shall fill vacancies
in the term of membership for the unexpired term.
The Pension Advisory Board, at its first meeting
following January 1 of each year, shall elect one of its members to
serve as chairman for the ensuing year and such other officers as
the Pension Advisory Board may deem appropriate. The Board of Supervisors
shall assign an employee of the Township to keep minutes of all meetings
of the Pension Advisory Board, who shall make a copy of those minutes
available to the Board of Supervisors.
The Pension Advisory Board shall adopt rules
and regulations for the conduct of its own meetings and business.
Such rules and regulations shall comply with all applicable statutory
regulations, including the applicable provisions of the Open Meetings
Law, commonly referred to as the "Sunshine Act."[1]
[1]
Editor's Note: See 65 Pa. C.S.A. § 701
et seq.
All members of the Pension Advisory Board shall
serve without compensation, but may be reimbursed necessary and reasonable
expenses with the prior approval by the Board of Supervisors. The
Pension Advisory Board shall neither expend funds nor incur obligations
without specific prior appropriation by the Board of Supervisors.
[Amended 12-9-2015 by Ord. No. 429]
The Pension Advisory Board is created by the Board of Supervisors
for the purpose of reviewing fund performance and providing recommendations
to the Board of Supervisors regarding the allocations of fund investments
in the West Whiteland Township Nonuniformed Employee Pension Plan,
the West Whiteland Township Police Pension Plan and the OPEB Trust
Fund. Such recommendations shall be in writing.