[Adopted 9-9-2008 by Ord. No. 2008-21]
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:
A. Borough Manager;
[Amended 10-12-2023 by Ord. No. NP2023-16]
B. Department heads whose positions involve executive decisionmaking
or are senior management of the organization, notwithstanding that
said individual's appointment may be made by the Borough Manager instead
of the Borough Council in the Council-Manager form of government,
in accordance with Local Finance Notice 2008-10;
[Amended 10-12-2023 by Ord. No. NP2023-16]
Individuals serving in the following positions are exempt from
Defined Contribution Retirement Program membership, pursuant to N.J.S.A.
43:15C-2:
A. Certified Health Officer;
D. Construction Code Official;
E. Qualified Purchasing Agent;
G. Registered Municipal Clerk;
H. Licensed Uniform Subcode Inspector;
I. Principal Public Works Manager.
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.