[Adopted 12-15-2008 by Ord. No. 08-20]
[Amended 1-12-2009 by Ord. No. 09-03]
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:
[Amended 1-12-2009 by Ord. No. 09-03]
Individuals serving in the following positions are exempt from
the Defined Contribution Retirement Program membership, pursuant to
N.J.S.A. 43:15C-2:
C. Construction Code Official.
D. Qualified Purchasing Agent.
G. Registered Municipal Clerk.
H. Licensed Uniform Subcode Inspector.
I. Certified Health Officer.
J. Principal Public Works Manager.
K. Municipal Court Administrator.
If an individual is appointed to one of the positions listed in §
70-1 and the individual is not serving in a position as described in §
70-2 above, the Pension Certifying Officer of the Borough may determine that the individual is not required to join the Defined Contribution Retirement Program if that individual:
A. Was an active
participant in the Public Employee Retirement System on July 1, 2007,
and continuously since that time; or
B. Has been
appointed pursuant to a valid promotional process; or
C. Is appointed on a temporary, interim, or "acting" basis to a position requiring state certification as set forth in §
70-2 herein, and is in pursuit of the required certification; or
D. Meets such
other exceptions that may be approved by the Local Finance Board or
the Division of Pensions or Benefits.
This article 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 from time to time, and any regulations or guidance documents from the Local Finance Board or the Division of Pensions and Benefits.
A copy of this article shall be filed with the Director of the
Division of Pensions and Benefits of the New Jersey Department of
the Treasury.