[Adopted 11-3-1980 by Ord. No. 2-1980 (Ch. 86, Art. I, of the 1985 Code)]
The Borough of Spring Grove hereby establishes and adopts a
pension plan for its full-time nonuniformed employees.
[Amended 5-5-2008 by Ord.
No. 1-2008]
The plan adopted is the Municipal Retirement Trust administered
by the Pennsylvania State Association of Boroughs Municipal Retirement
Trust in effect on July 1, 2008, and as amended from time to time
thereafter.
[Amended 5-5-2008 by Ord.
No. 1-2008]
The proper officers of the Borough are hereby directed and authorized
to execute a joinder agreement with the Trustees of the Pennsylvania
State Association of Boroughs Municipal Retirement Trust, in order
to adopt the Municipal Retirement Trust as the Borough of Spring Grove
Nonuniformed Pension Plan. A copy of said joinder agreement is attached
to this chapter and shall be adopted by reference as a part of the
same.
The Borough shall perform all of the duties and responsibilities
assigned to it and may, at the discretion of Council, exercise all
powers vested in it by the joinder agreement.
The nonuniformed employees of the Borough shall have all the
rights and duties and may exercise any or all options granted them
by the terms of the joinder agreement.
[Adopted 9-14-2020 by Ord. No. 2-2020]