[Ord. No. 1014, 6/8/2020]
No benefit shall be authorized hereunder except to the extent it is compliant with Act 600. All plan features shall be reformed to the extent necessary to be compliant with Act 600.
[Ord. No. 1014, 6/8/2020]
No employee of the Borough, nor anyone else, shall have any rights whatsoever against the Borough or the Administrator as a result of this plan, except those rights expressly granted to them hereunder. Nothing herein shall be construed to give any employee the right to remain an employee of the Borough.
[Ord. No. 1014, 6/8/2020]
For purposes of the plan and wherever plainly necessitated by the person or context, the masculine shall be read for the feminine, and the singular shall be read for the plural.
[Ord. No. 1014, 6/8/2020]
The validity of the plan or any of its provisions shall be determined and construed pursuant to the laws of the Commonwealth of Pennsylvania, the federal government, and the agencies thereof.
[Ord. No. 1014, 6/8/2020]
In the event that any provision, section, subsection, paragraph, sentence, clause, or other part of the plan shall be held to be invalid, such invalidity shall not affect or impair any remaining provisions, sections, subsections, paragraphs, sentences, clauses, or other parts of the plan.
[Ord. No. 1014, 6/8/2020]
The headings and subheadings employed within the current document have been inserted for convenience of reference and are to be ignored in the construction of the provisions hereof.
[Ord. No. 1014, 6/8/2020]
If any participant shall be physically or mentally incapable of receiving or acknowledging receipt of any payment of benefits hereunder, the Administrator, upon the receipt of satisfactory evidence that such participant is incapacitated to the aforesaid extent and that another person or institution maintains him, may provide for such payment of benefits hereunder to such person or the institution maintaining him, and any such payments so made shall be deemed for every purpose to have been made to such participant.
[Ord. No. 1014, 6/8/2020]
Subject to the provisions of all laws applicable hereto, and unless otherwise specifically required, no past, present, or future officer of the Borough shall be personally liable to any participant, beneficiary, or other person under any provision of the plan. The above sentence shall not apply to acts of gross negligence or criminal conduct as determined by a court of competent jurisdiction. After such a court determination, such person shall be subject to all applicable laws.
[Ord. No. 1014, 6/8/2020]
The income and principal of the plan are for the sole use and benefit of the participants covered hereunder and, to the extent permitted by law, shall be free, clear and not in any way liable for debts, contracts or agreements and from all claims and liabilities now or hereafter incurred by any participant, beneficiary, or alternate payee.
[Ord. No. 1014, 6/8/2020]
The pension payments herein provided for shall not be subject to attachment, execution, levy, garnishment or other legal process, and shall be payable only to the former participant, his survivors or his designated beneficiary, or alternate payee and shall not be subject to assignment or transfer.