[HISTORY: Adopted by the Board of Supervisors of the Township of Patton as indicated in article histories. Amendments noted where applicable.]
Police Department — See Ch. 37.
[Adopted 7-21-2004 by Ord. No. 2004-432]
The Board of Supervisors (the "Supervisors") of Patton Township, Centre County, Pennsylvania (the "Township"), previously established the Patton Township Police Pension Plan (the "plan"), and the Supervisors, in order to clarify the exact status and terms and conditions of the plan and to continue its compliance with the tax-exempt retirement plan requirements of Internal Revenue Code of 1986 Section 401(a), desire to enact a restatement of the plan in its entirety with appropriate amendments.
This article adopts by reference the attached restatement of the Patton Township Police Pension Plan dated January 1, 2004, establishing and continuing a Police Pension Plan pursuant to Act 600 of 1956, 53 P.S. 761 et seq., and providing for administration, eligibility for benefits, source and allocation of plans, calculation of retirement benefits, return of participant contributions, vesting terms of retirement benefits, disability retirement, death benefit and other matters associated with the establishment and continuation of the Police Pension Plan.
Editor's Note: A copy of the Police Pension Plan, as restated and amended, is on file in the Township offices.
The effective date of this reenactment and restatement shall be January 1, 2004.
The Chair of the Board of Supervisors is hereby authorized to execute the plan document on behalf of the Township.