[Adopted 6-8-2011 by Ord. No. 0-11-10]
A.
The positions that are eligible and which shall participate in the
Defined Contribution Retirement Program are those positions recited
and memorialized under N.J.S.A. 43:15C-2.
B.
Individuals serving in the following positions are exempt from Defined
Contribution Retirement Program membership, pursuant to N.J.S.A. 43:15C-2:
C.
If an individual is appointed to one of the positions listed in § 23-1A and the individual is not serving in a position as described in § 23-1B above, the pension-certifying officer of the municipality may determine that the individual is not required to join the Defined Contribution Retirement Program if the individual:
(1)
Was an active participant in the Public Employee Retirement System
on July 1, 2007, and continuously since that time; or
(2)
Has been appointed pursuant to a valid promotional process; or
(3)
Is appointed on a temporary, interim, or "acting" basis to a position requiring state certification as set forth in § 23-1B herein, and is in pursuit of the required certification; or
(4)
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.