The following words and phrases, as used herein, shall have the meanings set forth in this article, unless a different meaning is plainly required by the context:
ACCRUED BENEFIT
As of any given date, the participant's monthly benefit determined under § 47-80, calculated on the basis of average annual compensation and credited service determined as of such date, and which shall represent, as of a given date, the monthly benefit that would be payable at the participant's normal retirement date (or the actuarial equivalent thereof), provided that the participant satisfies any requirements set forth herein for entitlement to receive such benefit. The accrued benefit shall not exceed the maximum limitation, determined as of the date of computation, provided under § 47-86. All accrued benefits are subject to all applicable limitations, reductions, offsets and actuarial adjustments provided pursuant to the terms of the plan prior to the actual payment thereof.
ACCUMULATED CONTRIBUTIONS
The total amount contributed by any participant to this fund or its predecessor by way of payroll deduction or otherwise, plus interest credited at 4% per annum. Interest shall be credited annually in the form of a compound interest rate from the first day of the plan year immediately following the date on which the contributions were paid to the first day of the month preceding the date on which a refund of accumulated contributions under §§ 47-95 or 47-98 shall be paid or payment of benefits shall commence. There shall be no interest credited for any period of time prior to December 30, 1970.
ACT
The Municipal Pension Plan Funding Standard and Recovery Act, which was enacted as Act 205 of 1984, as amended, 53 P.S. § 895.101 et seq.
ACTUARIAL EQUIVALENT
Two forms of payment of equal actuarial present value on a specified date. The actuarial present value shall be determined by use of the UP-1984 Mortality Table and seven-percent interest.
ACTUARY
The person, partnership, association or corporation which at any given time is serving as actuary, provided that such actuary must be an approved actuary as defined in the Act.
AGGREGATE SERVICE
The total period or periods of the participant's employment with the employer, whether or not interrupted. Notwithstanding the preceding sentence, should any such participant receive a distribution of accumulated contributions with respect to a period of employment, such period of employment shall not be included in "aggregate service" thereafter unless, at the commencement of the next period of employment, the participant repays to the fund the amount of such withdrawal with interest. For purposes of this section, interest shall accrue as of the date the employee receives a refund of accumulated contributions and shall be computed at the same rate and in the same manner as described in the definition of "accumulated contributions."
AVERAGE ANNUAL COMPENSATION
The annual average of a participant's basic annual earnings computed based upon the consecutive thirty-six-month period of employment during which the participant earned the highest basic annual earnings.
BASIC ANNUAL EARNINGS
The base compensation of the employee, whether salary or hourly wages, excluding overtime pay, holiday pay, longevity pay and any other form of irregular compensation, paid by the employer for services rendered during normal working hours as established by the employer. The compensation used in determining an employee's basic annual earnings shall be limited on an annual basis to the amount specified for government plans pursuant to Code Section 401(a)(17), as adjusted under Code Section 415(d).
BENEFICIARY
The person or entity designated by the participant to receive a refund of the participant's accumulated contributions should the participant die prior to becoming entitled to a retirement benefit. In the event that a participant does not designate a beneficiary or the beneficiary does not survive the participant, the beneficiary shall be the surviving spouse or, if there is no surviving spouse, the issue, per stirpes, or if there is no surviving issue, the estate but, if no personal representative has been appointed, to those persons who would be entitled to the estate under the intestacy laws of the Commonwealth of Pennsylvania if the participant had died intestate and a resident of Pennsylvania.
BOARD
The Board of Commissioners of the Township of Shaler.
CHIEF ADMINISTRATIVE OFFICER
The person designated by the Township who has the primary responsibility for the execution of the administrative affairs for the plan.
CODE
The Internal Revenue Code of 1986, as amended.
CREDITED SERVICE
The total number of completed years and months of aggregate service, but only to the extent such aggregate service represents any period of time for which an employee is employed in employment as set forth in § 47-69. Any probationary period of employment which occurs prior to the date an employee becomes a participant hereunder shall be included when determining the credited service of a participant.
[Amended 8-10-1999 by Ord. No. 1768]
DEFERRED VESTED PARTICIPANT
Any participant who has completed at least 10 years of aggregate service, who has separated from employment for reasons other than retirement, death or disability, and who has elected to receive a vested retirement benefit pursuant to § 47-99 to commence at a later date.
DISABILITY DATE
The date when a participant is determined by the plan administrator to be incapacitated due to total and permanent disability or the date when the participant's employment terminates due to such total and permanent disability, if later.
EARLY RETIREMENT AGE
The date on which the participant has completed 10 years of aggregate service with the employer and has attained age 55.
EARLY RETIREMENT DATE
The date on which a participant who has attained early retirement age ceases employment and chooses to commence receipt of retirement benefits prior to the normal retirement date.
EMPLOYEE
Any individual employed by the employee on a regular full-time basis, who is not eligible to participate under the provisions of any other pension plan sponsored by the employer; who is a member of a collective bargaining unit for purposes of bargaining collectively with the employer regarding wages, hours and other terms and conditions of employment; and who is not a police officer.
EMPLOYER
The Township of Shaler, Allegheny County, Pennsylvania.
EMPLOYMENT
For the purpose of determining aggregate service:
[Amended 9-11-2001 by Ord. No. 1784]
A. 
The period of time for which an employee is directly or indirectly compensated or entitled to compensation by the employer for the performance of duties as an employee;
B. 
Any period of time for which an employee is paid a fixed, periodic amount in the nature of salary continuation payments for reasons other than the performance of duties (such as vacation, holidays, sickness, entitlement to benefits under workers' compensation or similar laws), either directly by the employer or through a program to which the employer has made contributions on behalf of the employee;
C. 
Any period during which an employee is entitled to disability benefits under this plan, provided that the employee returns to employment within three months of the date on which it is determined that the employee is no longer totally and permanently disabled, if such determination occurs prior to the participant's normal retirement date;
D. 
Any period of voluntary or involuntary military service with the armed forces of the United States of America, provided that the participant has been employed as a regular, full-time employee for a period of at least six months immediately prior to the period of military service and the participant returns to employment within six months following discharge from military service or within such longer period during which employment rights are guaranteed by applicable law or under the terms of a collective bargaining agreement with the employer; and
E. 
Any period of qualified military service as determined under the requirements of Chapter 43 of Title 38 United States Code, provided that the participant returns to employment following such period of qualified military service and the participant makes payment to the plan in an amount equal to the participant contributions that would otherwise have been paid to the plan during such period of qualified military service. The amount of participant contributions shall be based upon an estimate of the compensation that would have been paid to the participant during such period of qualified military service, as determined by the average compensation paid to the participant during the 12 months immediately preceding the period of qualified military service. The amount of participant contributions so calculated must be paid into the plan before the end of the period that begins on the date of reemployment and ends on the earlier of the date that ends the period that has a duration of three times the period of qualified military service or the date that is five years after the date of reemployment.
INSURER or INSURANCE COMPANY
A legal reserve life insurance company authorized to do business in the Commonwealth of Pennsylvania.
NORMAL RETIREMENT AGE
The date on which the participant has completed 10 years of aggregate service with the employer and has attained age 65.
NORMAL RETIREMENT DATE
The date on which the attainment of normal retirement age shall occur and the participant elects to retire from employment.
PARTICIPANT
An employee who has met the eligibility requirements to participate in the plan as provided in § 47-70 and who has not for any reason ceased to be a participant hereunder.
PENSION FUND or FUND
The Pension Fund administered under the terms of this plan and which shall include all money, property, investments, policies and contracts standing in the name of the plan.
PLAN
The plan set forth herein, as amended from time to time, and designated as the Pension Plan of the Township of Shaler (Union).
PLAN ADMINISTRATOR
The Pension and Insurance Committee appointed by the Board for the purpose of supervising and administering the provisions of the plan. In the event that no such appointment is made, the plan administrator shall be the Board.
PLAN YEAR
The twelve-month period beginning on January 1 and ending on December 31 of each year.
POLICY or CONTRACT
A retirement annuity or retirement income endowment policy (or a combination of both) or any other form of insurance contract or policy which shall be deemed appropriate in accordance with the provisions of applicable law.
RESTATEMENT DATE
January 1, 1994, the date upon which this amendment and restatement of the plan becomes effective.
SPOUSE
The person in a valid marriage with the participant according to the laws of the Commonwealth of Pennsylvania. A common law marriage contracted after January 1, 2005, was made invalid by the enactment of Act 144 of 2004.
[Added 12-13-2005 by Ord. No. 1839]
TOTAL AND PERMANENT DISABILITY
A condition of physical or mental impairment due to which a participant is unable to perform the usual and customary duties of employment, which is reasonably expected to continue to be permanent for the remainder of the participant's lifetime and which qualifies the participant for receipt of disability benefits under the Federal Social Security Act. For purposes of this definition and Article XVIII, a condition shall not be treated as a total and permanent disability if such condition is a result of alcoholism, addiction to narcotics, willfully self-inflicted injuries or the perpetration of any criminal activity.