[HISTORY: Adopted by the Board of Supervisors of the Township
of Perkiomen as indicated in article histories. Amendments noted where
applicable.]
[Adopted 2-4-2003 by Ord. No. 178]
Perkiomen Township (the "employer"), on January 1,1990, established
a retirement plan for certain of its employees known as the "Perkiomen
Township Employees Pension Plan" (the "prior plan").
The employer now desires to adopt the restated Master Plan and
Trust currently administered by the Pennsylvania State Association
of Boroughs Master Retirement Trust (the "PSAB Master Retirement Trust"),
effective December 31, 2002.
In accordance with such purpose, the employer hereby adopts
the PSAB Master Retirement Trust and the accompanying Joinder Agreement,
which documents together shall constitute the retirement plan known
as the "Perkiomen Township Employees Pension Plan" (the "plan").
Said plan shall be deemed to be a continuation of and a successor
to the prior plan.
