[Ord. No. 559-08]
Pursuant to N.J.S.A. 43:15C-2, the following positions are deemed
to be eligible for and shall participate in the Defined Contribution
Retirement Program unless contractual obligations disqualify the individual
for enrollment:
a. Borough Commissioners sworn in on or after July 1, 2007, unless previously
enrolled in PERS prior to July 1, 2007.
b. Borough Administrator, if appointed or promoted on or after July
1, 2007, unless previously enrolled in PERS prior to July 1, 2007.
Individuals serving in the following positions are exempt from
Defined Contribution Retirement Program membership, pursuant to N.J.S.A.
43:15C-2.
a. Exempt Individuals:
1. Borough Construction Official.
3. Certified Public Works Manager.
5. Licensed Uniform Subcode Inspector.
7. Qualified Purchasing Agent.
[Ord. No. 559-08]
This Ordinance No. 559-08 shall be implemented, construed and
subject to the aforesaid Chapter 92 of the Laws of 2007 (N.J.S.A.
43:15C-1 et seq.) as amended and any regulations or guidance documents
from the Local Finance Board of the Division of Pensions and Benefits.
[Ord. No. 559-08]
A copy of this Ordinance No. 559-08 shall be filed with the
Director of the Division of Pensions and Benefits of the New Jersey
Department of the Treasury.