The Township participates in the following state-administered retirement
systems: Public Employees Retirement System (PERS), Police and Fire
Retirement System (PFRS), and the Defined Contribution Retirement
Plan (DCRP). The Township's participation, and ability to offer an
employee continued enrollment, is contingent upon annual state certification
of funding of the retirement system. Matters such as an employee's
eligibility, enrollment, benefit plan, required contribution, status,
loan application, service credit time, transfers, withdrawal and type
of retirement are all regulated by the New Jersey Department of Pensions
and Benefits (NJDPB). No exceptions can be made by the Township as
the employer.