[Res. 12, 6/5/1995; as amended by Res. 05-2008, 9/8/2008;
and by Res. No. 03-2022, 7/5/2022]
Effective January 1, 2022, the plan is amended and restated
by adopting the attached Borough of New Oxford Nonuniformed Employees'
Defined Contribution Pension Plan and Trust.
[Ord. 435, 4/5/2010]
This Part 5B shall be known as and may be cited as either the
"Police Pension Ordinance of the Eastern Adams Regional Police Department"
or the "Police Pension Ordinance of the EARP."
[Ord. 435, 4/5/2010]
There is hereby established, effective January 1, 1993, and
thereafter, as long as this Part 5B shall continue in effect, a Police
Pension Plan for the benefit of eligible participant police officers
employed by the EARP.
[Ord. 435, 4/5/2010]
The Police Pension Plan hereby created shall be administered
by the Police Commission as established by the agreement for joint
police services between Oxford Township, Berwick Township and New
Oxford Borough dated December 31, 2001, as trustees. Said trustees
shall have the ability to elect or appoint a chief executive officer
to act on behalf of trustees, subject to the approval and review of
the actions of the chief executive officer by the trustees. Said chief
executive officer may be either a natural person or a corporation.
Any chief executive officer elected or appointed by the trustees shall
serve for a term of three years. Said chief executive officer shall
not be a participant of the Police Pension Plan. Upon the death, resignation
or disqualification of the chief executive officer, the trustees shall
appoint a successor to fill the unexpired term.
[Ord. 435, 4/5/2010]
All prior ordinances, resolutions, plan documents and agreements
pertaining to the Eastern Adams Regional Police Department Pension
Fund are hereby repealed as of the effective date of this Part, including
Section 5(e)(2) of the Municipal Pension Law, Act 600 of 1955 and
Section 202(b)(s)(vi) of the Municipal Pension Plan Funding Standard
and Recovery Act 205 of 1984.