[HISTORY: Adopted by the Board of Supervisors of the Township of
West Brandywine as indicated in article histories. Amendments noted where
applicable.]
[Adopted 9-1-1994 by Ord. No. 94-07]
An Advisory Pension Fund Committee is hereby created to monitor the
operation of the funds and plans and to advise the Township Manager and Board
of Supervisors on matters concerning the administration of the fund and plan.
The Committee shall review and supervise the investment and expenditures of
the moneys in the fund and plan upon approval of the Board of Supervisors.
The Committee shall consist of five members, one of whom shall be a
member of the Board of Supervisors designated by the Chairman of the Board
of Supervisors; one of whom shall be the Township Manager; one of whom shall
be the Chief of Police; one of whom shall be a representative of the township's
uniform police officers; and one of whom shall be a representative from the
township's non-uniformed employees.
The Committee shall meet quarterly for the purpose of reviewing the
annual actuarial report and the plans investment performance. Other meetings
shall be held whenever a majority of the members concur that a meeting would
be desirable.
[The text of the Uniformed and Non-Uniformed Employee Pension Plans
are on file in the Township Offices, where they may be examined during regular
office hours.]
