As used in this article, the following terms shall have the meanings
indicated:
AGE
The age attained by the employee at his or her last birthday.
AVERAGE APPLICABLE COMPENSATION
The average monthly earnings of the member at any time of
reference computed over the last 36 months (or such shorter period
as represents the member's total period of continuous employment
by the Borough) of his continuous employment by the Borough prior
to such date of reference; for purposes of computing average applicable
compensation, actual monthly earnings shall be based on W-2 earnings
in which all forms of earnings are derived from the terms and conditions
of the employee's employment.
BOROUGH
The Borough of Collingdale, Delaware County, Commonwealth
of Pennsylvania.
CHIEF ADMINISTRATIVE OFFICER
The person who has primary responsibility for the execution
of the administrative affairs of this pension plan, or the designee
of that person.
COMMITTEE
Shall consist of not less than five members, who shall be
the Borough Secretary/Manager, the Chairman of Council's Financial
Committee, the President of Council, the Borough Treasurer and one
participant who is a member of the police force and who shall be chosen
by a majority vote of the participants in the plan.
COMPENSATION
Shall be based on W-2 earnings in which all forms of earnings
are derived from the terms and conditions of the employee's employment.
COUNCIL
The Council of the Borough of Collingdale.
EMPLOYEE
Any sworn police officer in the full-time employ of the Borough
Police Department whose customary employment is for not less than
40 hours a week.
FUND
All assets held by the trust under the trust agreement relating
to this Police Pension Plan.
MEMBER
Any sworn police officer in the full-time employ of the Borough Police Department who has satisfied the eligibility requirements established in §
63-2 hereof and who is, at the time of reference, or has, prior to their elimination, been making such contributions as may be required pursuant to §
63-3A hereof.
NORMAL RETIREMENT DATE[Amended 5-2-2016 by Ord. No. 711]
(1)
For those members hired prior to December 31, 2015, the first
day following the date on which the member completes 25 years of service
and the date on which the member attains age 53.
(2)
For members hired after December 31, 2015, the first day following
the date on which the member completes 25 years of service and the
date on which the member attains 55 years of age.
PLAN
The Police Pension Plan for the Borough of Collingdale, as
herein set forth and as the same may hereafter be amended.
PLAN YEAR
A period of 12 consecutive months commencing on any January
1 and ending on the following December 31.
SERVICE
The aggregate of member's total periods of employment
as a full-time employee of the Borough. If a member enters military
service, either voluntarily or by conscription, after he has been
employed for at least six months, such time spent in the armed forces
of the United States during a period of national emergency shall be
counted as service for purposes of the plan, provided that such member
returns to police service with the Borough within six months after
his discharge or release from such active duty in the armed forces
of the United States. The time spent in military service due to voluntary
extension of such military service during a period of peacetime shall
not be included as service for the purposes of this article. Time
spent on reserve or National Guard training shall be included as service
for purposes of this plan.
TOTAL AND PERMANENT DISABILITY
Any condition arising from service-connected illness or injury
which precludes an employee from performing the duties associated
with the normal occupational requirements of any position with the
Police Department, as certified by a physician designated by the Borough.
TRUSTEE
The Council of the Borough of Collingdale or any other agency
or person appointed by such to serve in that capacity as set forth
in the trust agreement.