[HISTORY: Adopted by the Borough Council of the Borough of
Catawissa as indicated in article histories. Amendments noted where
applicable.]
[Adopted 9-13-1962 by Ord. No. 151 (Ch. 1, Part 3, of the 1983 Code of
Ordinances)]
A police pension fund for the police force of the Borough of
Catawissa is hereby established and shall be known as the "Catawissa
Police Pension Fund."
Any and all police pension funds or plans heretofore established
by the Borough of Catawissa shall be and are hereby transferred to
the fund established under the provisions of this article.
The funds for said fund shall be derived from the following
sources:
A. By a charge against each member of the police force.
B. Any sum or sums paid to the Borough and inuring to the fund from
any official or department of the Commonwealth of Pennsylvania under
any present or future law pertinent thereto.
C. Any money or property, real, personal or mixed, which the Borough
may by gift, grant, devise, or bequest receive for the benefit of
the fund.
D. By annual appropriations made by the Borough.
E. Receipts from investments of said fund.
[Amended at time of adoption of Code (see Ch. 1, General
Provisions, Art. I)]
A Police Pension Committee is hereby established, which shall
consist of three members. The President of the Borough Council shall
be President of the Police Pension Committee, and the remaining two
members shall be appointed annually by him from the members of the
Borough Council and their appointment approved by the Borough Council.
The Committee members shall serve without compensation for a period
of one year or until their successors are duly designated as hereinabove
set forth.
A written police pension plan shall be adopted by resolution.
This shall implement this article and shall include the continuance
for members of the police pension plans or funds heretofore created
and existing of their vested rights heretofore acquired in such funds.
The Police Pension Committee, with the aid of the actuary and/or
the trustee, when necessary, shall make the necessary determinations
as to what contributions are to be made to the fund, and also what
payments are to be made out of the fund in accordance with the Police
Pension Plan, its supplements and amendments, and written instructions
as to such payments shall be made by the Police Pension Committee
to the persons affected.
[Adopted 4-1-1967 by Ord.
No. 180 (Ch. 1, Part 4, of the 1983 Code of Ordinances)]
A retirement fund for the municipal employees of the Borough
of Catawissa is hereby established, and shall be known as the "Catawissa
Municipal Employees' Retirement Fund."
Any and all municipal employees funds or plans, other than the
Police Pension Fund, heretofore established by the Borough of Catawissa
shall be and are hereby transferred to the fund established under
the provisions of this article.
The funds for said fund shall be derived from the following
sources:
A. By a charge against each member of the fund to be collected by payroll
deduction or otherwise.
B. Any sum or sums paid to the Borough and inuring to the fund from
any official or department of the United States of America or the
Commonwealth of Pennsylvania, under any present or future law pertinent
thereto.
C. Any money or property, real, personal or mixed, which the Borough
may by gift, grant, devise or bequest receive for the benefit of the
fund.
D. By annual appropriations made by the Borough.
E. Receipts from investments of said fund.
The Bloomsburg Bank-Columbia Trust Company is hereby designated
as trustee of the Catawissa Municipal Employees' Retirement Fund and
shall serve as such in accordance with a written trust agreement to
be entered into by the Borough of Catawissa, and the said Bloomsburg
Bank-Columbia Trust Company as trustee. The Borough may, from time
to time, by resolution, designate another trustee for the purposes
of this fund.
A Municipal Employees' Retirement Committee is hereby established,
which shall consist of three members. The Mayor shall be President
of the Municipal Employees' Retirement Committee, and the remaining
two members shall be appointed annually by him from the members of
the Borough Council, and their appointment approved by the Borough
Council. The Committee members shall serve without compensation for
a period of one year, or until their successors are fully designated
as hereinabove set forth.
The actuarial department of a life insurance company shall be
designated by the Borough Council as the actuary for the fund. The
Borough may from time to time, by resolution, designate another actuary
for the purposes of this fund.
The Catawissa Municipal Employees' Retirement Fund established
by the provisions of this article shall go into effect as of April
1, 1967.
A "municipal employee" is a person holding an office, position
or employment, whether hired, elected or appointed, with the Borough
of Catawissa, or an institution supported and maintained by the Borough,
in any capacity other than as Mayor, member of the Borough Council,
or full-time member of the Catawissa Police Department. Membership
in the plan by all municipal employees of the Borough of Catawissa
is compulsory, and all persons who are municipal employees of the
Borough on April 1, 1967, shall be original members of the Catawissa
Municipal Employees' Retirement Fund and shall receive credit toward
the municipal annuity for all past services.
A written municipal employees' retirement fund plan shall be
adopted by resolution, which resolution shall implement this article.
The Municipal Employees' Retirement Committee, with the aid
of the actuary and/or the trustee, shall, at least once in each year,
make the necessary determination as to what contributions are to be
made to the fund by the members and the Borough, and shall determine
any payments to be made from said fund.