[Res. 94-R-80, 11/30/1994, § 1]
1. 
The membership of the Newtown Township Official Pension Committee shall consist of the following:
A. 
The Chairman of the Board of Supervisors.
B. 
The Township Treasurer.
C. 
The Township Finance Director.
D. 
One appointee of the Police Benevolent Association.
E. 
One appointee of the Communication Workers of America.
[Res. 94-R-80, 11/30/1994, § 2]
The Township Finance Director shall serve as Chairman of the Newtown Township Official Pension Committee.
[Res. 94-R-80, 11/30/1994, § 3]
The Newtown Township Official Pension Committee shall meet on the Monday closest to the fifteenth day of March, June, September and December, and at such other times which it deems necessary or which are requested by the Board of Supervisors.
[Res. 94-R-80, 11/30/1994, § 4]
The Newtown Township Official Pension Committee is hereby authorized to direct pension actuarial studies and to require the attendance of an actuary and/or an investment advisor at its meetings. The Official Pension Committee shall record the minutes of its meetings and shall prepare a quarterly report to the Board of Supervisors which shall include a copy of the minutes of its meetings.