[Adopted 2-18-2002 by Ord. No. 2002-1]
This article is ordained and enacted pursuant to the requirements
and the provisions of law relating to police pension funds, Act 600,
Section 4(d), Act of May 29, 1956, P.L. (1955) 1804, as amended [53
P.S. § 770(d), as amended].
The Mifflin County Regional Police Department Consolidated Police
Pension Plan, dated August 30, 2001, as prepared by special labor
counsel for the Board of Directors of the Mifflin County Regional
Police Department, which consolidated pension plan is incorporated
herein by reference as if fully set forth, is hereby adopted in accord
with the provisions of Section 4(d) of Act 600, as amended [53 P.S.
§ 770(d), as amended], and in accord with and in reliance
on that written opinion of special labor counsel dated December 4,
2001, that said Mifflin County Regional Police Department Consolidated
Police Pension Plan, dated August 30, 2001, is in compliance with
Act 600, as amended, and with the January 10, 1994, interest arbitration
award in relation to the arbitration between the Lewistown Police
Association and the Board of Directors of the Mifflin County Regional
Police Department.
The Supervisors of the Township of Derry, together with the
Township Secretary, are hereby authorized and directed to take all
appropriate actions and to execute the Mifflin County Regional Police
Department Consolidated Police Pension Plan, dated August 30, 2001,
and any other necessary and appropriate documents in accord therewith
to effectuate the intent of this article, and all prior actions of
said persons in accord with the intent of this article are hereby
ratified and confirmed.
[Adopted 8-19-2013 by Ord. No. 2013-8]
Derry Township (the Township), being a member municipality of
the Pennsylvania Municipal Retirement System (the system), hereby
elects to amend its municipal pension plan administered by the system
in accordance with Article IV of the Pennsylvania Municipal Retirement
Law, 53 P.S. § 881.101 et seq. (Retirement Law), and does hereby agree to be bound by all the requirements
and provisions of the Retirement Law and the Municipal Pension Plan
Funding Standard and Recovery Act, 53 P.S. § 895.101 et
seq., and to assume all obligations, financial and otherwise, placed
upon member municipalities.
As part of this article, the Township agrees that the system
shall administer and provide the benefits set forth in the amended
Municipal Pension Plan Contract entered into between the Pennsylvania
Municipal Retirement Board and the Township effective June 1, 2013
(the contract).
The passage and adoption of this article by the Township is
an official acceptance of the contract and the financial obligations
resulting from the administration of the contract.
Payment for any obligation established by the adoption of this
article and the contract shall be made by the Township in accordance
with the Retirement Law and the Municipal Pension Plan Funding Standard
and Recovery Act. The Township hereby assumes all liability for any unfundedness
created due to the benefit structure set forth in the contract.
The Township intends this article to be the complete authorization
of the contract and it shall become effective and specifically repeal
Ordinance Number 1995-3 either five days after adoption or on June
1, 2013, which is the effective date of the contract, whichever is
later.
A duly certified copy of this article and an executed contract
shall be filed with the system.