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:
Director of Finance |
[HISTORY: Adopted by the Township Committee of the Township of Franklin as indicated in article histories. Amendments noted where applicable.]
[Adopted 12-22-2009 by Ord. No. 2009-11]
Individuals serving in the following positions are exempt from Defined Contribution Retirement Program membership, pursuant to N.J.S.A. 43:15C-2:
Tax Collector |
Chief Financial Officer |
Construction Code Official |
Tax Assessor |
Registered Municipal Clerk |
Licensed Uniform Subcode Inspector |
Principal Public Works Manager. |
If an individual is appointed to one of the positions listed in § 84-1 and the individual is not serving in a position as described in § 84-2 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:
A.
Was an active participant in the Public Employee Retirement System on July 1, 2007, and continuously since that time; or
B.
Has been appointed pursuant to a valid promotional process; or
C.
Is appointed on a temporary, interim, or "acting" basis to a position requiring state certification as set forth in § 84-2 herein and is in pursuit of the required certification; or
D.
Meets such other exceptions that may be approved by the Local Finance Board or the Division of Pensions and Benefits.