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."
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.