[HISTORY: Adopted by the Township Committee of the Township of Hillsborough as indicated in article histories. Amendments noted where applicable.]
Article I Defined Contribution Retirement Program
[Adopted 3-24-2009 by Ord. No. 2009-14]
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:
Pursuant to N.J.S.A. 43:15C-2, individuals serving in the following positions are exempt from Defined Contribution Retirement Program membership:
Certified Health Officer.
Chief Financial Officer.
Construction Code Official.
Licensed uniform subcode inspectors, including building, electrical and plumbing subcode inspectors.
Principal Public Works Manager (this refers to a certification, not a position).
Qualified Purchasing Agent.
Registered Municipal Clerk.
If an individual is appointed to one of the positions listed in § 87-1 above and the individual is not serving in a position as described in § 87-2 above, the pension certifying officer of the municipality may determine that the individual is not required to join the Defined Contribution Retirement Program if that individual:
Was an active participant in the Public Employee Retirement System (PERS) on July 1, 2007, and continuously since that time;
Has been appointed pursuant to a valid promotional process;
Is appointed on a temporary, interim, or acting basis to a position requiring state certification as set forth in § 87-2 herein and is in pursuit of the required certification; or
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 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.