[Adopted 8-4-2008 by Ord. No. 2008-11]
Pursuant to N.J.S.A. 43:15C-2, the following positions are deemed
to be eligible for and shall participate in the Defined Contribution
Retirement Program:
D. Municipal Prosecutor, having been hired on March 19, 2008;
Individuals serving in the following positions are exempt from
Defined Contribution Retirement Program membership, pursuant to N.J.S.A.
43:15C-2:
A. Tax Collector/Chief Financial Officer;
B. Construction Code Official;
D. Registered Municipal Clerk;
E. Licensed Uniform Subcode Inspector;
F. Principal Public Works Manager.
If an individual is appointed to one of the positions listed in §
43-1 and the individual is not serving in a position as described in §
43-2 above, the Pension Certifying Officer of the municipality may determine that the individual is not required to join the Defined Contribution Program if that individual:
A. Was an active participant in the Public Employees Retirement System
on July 1, 2007, and continuously since that time; or
B. Has been appointed pursuant to a valid promotional process; or
C. Is appointed on a temporary, interim or acting basis to a position requiring state certification as set forth in §
43-2 herein, and is in pursuit of the required certification; or
D. Meets such other exceptions that may be approved by the Local Finance
Board or the Division of Pensions and Benefits.
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 regulations or guidance documents from the Local Finance Board or the Division of Pensions and Benefits.
A copy of this article shall be filed with the Director of the
Division of Pensions and Benefits of the New Jersey Department of
the Treasury.