[Ord. 903, 2/5/2009; as amended by Ord. 913, 1/21/2010; by
Ord. 931, 11/17/2011; by Ord. 962, 11/20/2014]
1. The Borough of Elizabethtown previously established the Elizabethtown
Borough Police Pension Plan.
2. The Borough of Elizabethtown, in order to clarify the exact status
and terms of the conditions of the plan and to continue its compliance
with the tax-exempt retirement plan requirements of the Internal Revenue
Code of 1986, as amended, Section 401(a), desires to enact a restatement
of the plan in its entirety with appropriate amendments.
3. The Borough of Elizabethtown hereby repeals previous ordinances relating
to the Elizabethtown Borough Police Pension Plan with an effective
date prior to the adoption date of the amendment and restatement of
the plan with respect to benefits accruing on or after the amendment
and restatement effective date, and the attached amendment and restatement
of the plan is enacted.
4. The Borough of Elizabethtown hereby repeals previous ordinances relating
to the plan's trust fund with an effective date prior to the adoption
date of the amendment and restatement of the trust, and the attached
amendment and restatement of the trust is enacted.
5. This Part 4A appoints the Secretary of the Borough as the agent designated
and authorized to execute the attached amendment to the Police Pension
Plan on behalf of the Borough Council.
[Ord. 904, 2/5/2009; as amended by Ord. 912, 1/21/2010; by
Ord. 932, 11/17/2011; by Ord. 963, 11/20/2014]
1. The Borough of Elizabethtown previously established the Elizabethtown
Borough Nonuniformed Employee Pension Plan.
2. The Borough of Elizabethtown, in order to continue its compliance
with the tax-exempt retirement plan requirements of the Internal Revenue
Code of 1986, as amended, Section 401(a), desires to enact an amendment
to the plan.
3. The attached amendment and restatement of the Elizabethtown Borough
Nonuniformed Employee Pension Plan is hereby enacted.
4. This Part 4B appoints the Secretary of the Borough as the agent designated
and authorized to execute the attached amendment and restatement to
the Nonuniformed Employee Pension Plan on behalf of Borough Council.