As used
in this Part 5, the following terms shall have the meanings indicated:
AGE
The age attained by the employee at his or her last birthday.
AVERAGE APPLICABLE COMPENSATION
The average monthly earnings of the member at any time of
reference computed over the last 36 months (or such shorter period
as represents the member's total period of continuous employment by
the Township) of his continuous employment by the Township prior to
such date of reference. For purposes of computing average applicable
compensation, actual monthly earnings shall include base wage pay
or salary, overtime pay, vacation pay, longevity increment pay, shift
differential, holiday pay, educational increment pay, sick pay, incentive
pay, court time and on-call pay as well as any other direct monetary
compensation, excluding, however, reimbursed expenses, nonmonetary
compensation such as fringe benefits paid by the Township and other
payments made in lieu of expenses.
[Amended by Ord. 732, 8/18/2016; Ord. 734, 10/16/2016]
Board
The Board of Supervisors of the Township of Warminster.
CHIEF ADMINISTRATIVE OFFICER
The person who has primary responsibility for the execution
of the administrative affairs of this pension plan, or the designee
of that person.
COMPENSATION
Includes base wage pay or salary, overtime pay, vacation
pay, longevity increment pay, shift differential, holiday pay, court
time and on-call pay, as well as any other direct monetary compensation,
excluding, however, reimbursed expenses, nonmonetary compensation
such as fringe benefits paid by the Township, and other payments made
in lieu of expenses.
EARLY RETIREMENT DATE
The first day following the date on which the member completes
20 years of service.
EFFECTIVE DATE
The effective date of this Part 5 shall be January 1, 2005.
EMPLOYEE
Any sworn police officer in the full-time employ of the Township
Police Department whose customary employment is for not less than
40 hours a week.
FUND
All assets held by the trust under the trust agreement relating
to this Police Pension Plan.
MEMBER
Any sworn police officer in the full-time employ of the Township Police Department who has satisfied the eligibility requirements established in §
1-502 hereof and who is, at the time of reference, or has, prior to their elimination, been making such contributions as may be required pursuant to §
1-503, Subsection
1, hereof.
NORMAL RETIREMENT DATE
For members hired before January 1, 2016, the first day following
the date on which the member completes 25 years of service, and the
date on which the member attains the age of 50. For members hired
on or after January 1, 2016, "normal retirement date" shall mean the
first day following the date on which the member completes 25 years
of service, and the date on which the member attains the age of 54.
[Amended by Ord. 732, 8/18/2016]
PLAN
The Police Pension Plan for the Township of Warminster, as
herein set forth and as the same may hereafter be amended.
PLAN YEAR
A period of 12 consecutive months commencing on any January
1 and ending on the following December 31.
SERVICE
The aggregate of a member's total periods of employment as
a full-time employee of the Township. If a member enters military
service, either voluntarily or by conscription, after he has been
employed for at least six months, such time spent in the Armed Forces
of the United States during a period of wartime or general military
conflict shall be counted as service for purposes of the plan, provided
that such member returns to police service with the Township within
six months after his discharge or release from such active duty in
the Armed Forces of the United States. The time spent in military
service due to voluntary extension of such military service during
a period of peacetime shall not be included as service for the purposes
of this plan. Time spent on Reserve or National Guard training shall
be included as service for purposes of this plan.
TOTAL AND PERMANENT DISABILITY
Any condition arising from service-connected illness or injury
which precludes an employee from performing the duties associated
with the normal occupational requirements of a police officer as certified
by a physician designated by the Township.
TOWNSHIP
The Township of Warminster, Bucks County, Commonwealth of
Pennsylvania.
TRUSTEE
The Board of Supervisors of the Township of Warminster or
any other agency or person appointed by such to serve in that capacity
as set forth in the trust agreement.