[Amended 1-22-2009 by Ord. No. 09-03]
The document attached hereto and incorporated herein by reference
entitled, "West Manchester Township Police Pension Plan," originally
effective January 1, 1966, as amended and restated effective January
1, 2008, is hereby adopted and enacted as the West Manchester Township
Police Pension Plan.
The previous ordinances or resolutions of West Manchester Township
relating to the plan's trust fund with an effective date prior to
the adoption date of the amendment and restatement of the trust are
hereby repealed and the attached amendment and restatement of the
trust is enacted as the trust agreement for the West Manchester Township Police Pension Plan.
The Township Manager of West Manchester Township is hereby appointed
as the Chief Administrative Officer of the plan.
The Chairman of the Board of Supervisors of West Manchester
Township, as agent of the employer, is authorized and directed to
execute the attached amendment and restatement of the West Manchester
Township Police Pension Plan.
[Amended 1-22-2009 by Ord. No. 09-03]
Counsel Trust Company, or its successor in interest, is hereby
appointed and confirmed as the Trustee of the Trust.
[Added 6-22-2017 by Ord.
No. 17-04]
A. The document
attached hereto and incorporated herein by reference entitled “Deferred
Retirement Option Plan (DROP) Agreement between West Manchester Township
and the West Manchester Township Policer Officers’ Association,”
to be effective as of May 17, 2017, which document amends, modifies
and restates the provisions of the original DROP agreement effective
as of January 1, 2010, is hereby adopted and enacted as the DROP agreement
between West Manchester Township and the West Manchester Township
Police Officers’ Association and is incorporated by reference
into the West Manchester Township Police Pension Plan.
B. The Chairman
of the Board of Supervisors of West Manchester Township is authorized
and directed to execute the attached amended, modified and restated
DROP agreement.