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 COMPENSATION
The average monthly salary of the employee at any time of
reference computed over the final 60 months of compensation during
his continuous employment by the Borough prior to such date of reference.
W-2 wages will be used for purposes of computing the average compensation.
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.
BOROUGH
The Borough of Darby, Delaware County, Commonwealth of Pennsylvania.
COUNCIL
The Council of the Borough of Darby, Delaware County, Commonwealth
of Pennsylvania.
EMPLOYEE
Any person in the full-time employ of the Borough whose customary
employment by the Borough is for not less than 35 hours a week. Such
employment must be permanent; any person hired on a temporary or seasonal
basis shall not be eligible for this plan.
FUND
All assets held by the trustee under the trust agreement
relating to this pension plan.
MEMBER
Any employee who has satisfied the eligibility requirements established in §
26-14 hereof and who is, at the time of reference, making such contributions as may be required pursuant to §
26-15A hereof.
NORMAL RETIREMENT DATE
The first day of the month coincident with or next following
the date on which the member attains age 65.
PLAN
The Pension Plan for Nonuniformed Employees of the Borough
of Darby, 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 a 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 this plan, provided such member returns
to 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 purpose of this plan. 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 illness or injury (health, mental,
or physical) which precludes the member from performing any gainful
employment as certified by a physician designated by the Borough.
TRUST AGREEMENT
The contract between the Borough and the trustees establishing
the terms by which and under which the fund is invested, distributed,
accounted for and terminated, as the same now exists and as it may
hereafter be amended.
TRUSTEE
The Council or any other agency or person appointed by the
Council to serve in that capacity.