[Ord. 36-2004, 05 § 1, passed 4-25-2005]
The City of Lebanon, being a member municipality of the Pennsylvania Municipal Retirement System, hereby elects to change its member benefits in that System as authorized by the Pennsylvania Municipal Retirement Law, Act 15 of 1974, as amended, and does hereby agree to be bound by all the requirements and provisions of said Law, and to assume all obligations, financial and otherwise, placed upon member municipalities. All references hereafter shall be based on benefits negotiated between the Board and the municipality under the provisions of Article IV of the Pennsylvania Municipal Retirement Law.
[Ord. 36-2004, 05 § 2, passed 4-25-2005]
Membership in the Pennsylvania Municipal Retirement System shall be mandatory for all full-time municipal employees of the City. Membership for elected officials, part-time employees, and employees hired on a temporary or seasonal basis is prohibited, as is membership for individuals paid only on a fee basis.
[Ord. 36-2004, 05 § 3, passed 4-25-2005]
(a) 
All existing part-time employees who are members of the City plan in the System shall remain members of the City plan in the System unless the employee elects to withdraw from the pension plan. A member election to withdraw from the plan must be made in writing and received by the City before July 1, 2005, and shall be irrevocable.
(b) 
All existing part-time employees who are not enrolled in the City plan in the System may join the City plan in the System if the employee: (1) makes a written election to join the City plan in the System which must be received by the City before July 1, 2005; and (2) makes the required payment of all member contributions plus regular interest that would have been credited to those contributions had they participated in the System from their date of hire. The election, once made, is irrevocable. Failure of the part-time employee to make the required contributions and regular interest payments as determined by the System shall be considered the same as if the part-time employee had chosen not to participate in the System.
[Ord. 36-2004, 05 § 3, passed 4-25-2005]
Credit for prior service for original members is granted for each year or partial year thereof that the member was employed by the City from original date of hire or the expiration of the member's probationary period if one so existed. Benefits provided to members in the agreement dated April 25, 2005, shall accrue based on all credited services granted and earned in accordance with this section.
[Ord. 36-2004, 05 § 3, passed 4-25-2005]
Payment for any obligation established by the adoption of this article and the agreement between the System and the City of Lebanon shall be made by the City in accordance with the Pennsylvania Municipal Retirement Law and Act 205 of 1984, the Municipal Pension Plan Funding Standard and Recovery Act.
[Ord. 36-2004, 05 § 5, passed 4-25-2005]
As part of this article, the City agrees that the System shall provide the benefits set forth in the agreement between the Board and the City of Lebanon, dated April 25, 2005. The passage and adoption of this article by the City of Lebanon is an official acceptance of said agreement and the financial obligations resulting from the administration of said benefit package. The City of Lebanon hereby assumes all liability for any unfundedness created or which may be created due to the acceptance of the benefit structure outlined in the above-referenced agreement.
[Ord. 36-2004, 05 § 6, passed 4-25-2005]
The City of Lebanon intends this article to be the complete authorization of the City's plan and it shall become effective and specifically repeals the ordinance dated July 26, 2004, either immediately or on March 1, 2005, which is the effective date of the amended Agreement April 25, 2005, between the Pennsylvania Municipal Retirement System and the City of Lebanon, whichever is later.
[Ord. 36-2004, 05 § 7, passed 4-25-2005]
A duly certified copy of this article and the referenced agreement shall be filed with the Pennsylvania Municipal Retirement System of the Commonwealth of Pennsylvania. Membership for the municipal employees of the City of Lebanon in the Pennsylvania Municipal Retirement System shall be effective the first day of February 1964, with the revised plan structure reflected in the agreement dated April 25, 2005, effective the first day of March, 2005.