[1]
Editor's Note: Pursuant to Ord. No. 05-2019-622, 5/23/2020, only persons employed before 6/1/2019 may be covered by this plan. For subsequently hired employees, see Subparts 6C and 6D.
[Ord. 05-2006-526, 5/11/2006, § I]
Salisbury Township, being a member municipality of the Pennsylvania Municipal Retirement System, hereby elects to upgrade 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. 05-2006-526, 5/11/2006, § II]
Membership in the Pennsylvania Municipal Retirement System shall be mandatory for all full-time municipal employees of the Township. Membership for elected officials and employees hired on a temporary or seasonal basis is prohibited. Membership for permanent, part-time employees is optional. The election by permanent, part-time employees to join the system must be made within one year after the official or employee first enters the service of the Township. Membership for individuals paid only on a fee basis is prohibited.
[Ord. 05-2006-526, 5/11/2006, § III]
Credit for prior service for original members is granted for each year or partial year thereof that the member was employed by the Township 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 May 11, 2006, shall accrue based on all credited service granted and earned in accordance with this section.
[Ord. 05-2006-526, 5/11/2006, § IV]
Payment for any obligation established by the adoption of this Part and the agreement between the Board and Salisbury Township shall be made by the Township in accordance with the Pennsylvania Municipal Retirement Law and Act 205 of 1984, the Municipal Pension Plan Funding Standard and Recovery Act.
[Ord. 05-2006-526, 5/11/2006, § V]
As part of this Part, the Township agrees that the system shall provide benefits set forth in the agreement between the Board and Salisbury Township, dated May 11, 2006. The passage and adoption of this Part by Salisbury Township is an official acceptance of said agreement and the financial obligations resulting from the administration of said benefit package. Salisbury Township hereby assumes all liability for any unfundedness created due to the acceptance of the benefit structure outlined in the above-referenced agreement.
[Ord. 05-2006-526, 5/11/2006, § VI]
As part of this Part, the Township of Salisbury agrees to the outline of the benefits set forth in the letter of the actuary, dated February 14, 2006, addressed to the Township of Salisbury, providing a death benefit in the Pennsylvania Municipal Retirement System. The passage and adoption of this Part by the Board is an official acceptance of said benefits. Salisbury Township intends this Part to be the complete authorization of the Township's municipal pension plan and it shall become effective either immediately or on May 1, 2006, whichever is later.
[Ord. 05-2006-526, 5/11/2006, § VII]
A duly certified copy of this Part and the referenced agreement shall be filed with the Pennsylvania Municipal Retirement System of the Commonwealth of Pennsylvania. Membership for the municipal employees of Salisbury Township in the Pennsylvania Municipal Retirement System shall be effective the first day of January, 1967, with the revised plan structure reflected in the agreement dated May 11, 2006, effective the 1st day of May 2006.