Source: https://ecode360.com/14813659
Timestamp: 2019-04-19 01:13:14+00:00

Document:
§ 184.01 Election to join system.
§ 184.02 Administration and provision of benefits.
§ 184.03 Acceptance of contract.
§ 184.04 Payment for obligations.
§ 184.05 Effective date; repealer.
Social Security — See Ch. 182.
Retirement system for full-time police officers — See Ch. 186.
The Township hereby elects to join the Pennsylvania Municipal Retirement System, established by the Pennsylvania Municipal Retirement Law, under Article IV, Act 15 of 1974, as amended, and does hereby agree to be bound by all the requirements and provisions of the said Pennsylvania Municipal Retirement Law and the amendments thereto and to assume all obligations, financial and otherwise, placed upon member municipalities by said Pennsylvania Municipal Retirement Law and the amendments thereto.
Crescent 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 ordinance, the Township agrees that the System shall administer and provide the benefits set forth in the amended Municipal Pension Plan entered into between the Pennsylvania Municipal Retirement Board and the Township effective January 1, 2011 (the Contract).
The Township intends this ordinance to be the complete authorization of the contract and it shall become effective and specifically repeal Ordinance Number 389 either immediately or on January 1, 2011, which is the effective date of the contract, whichever is later.

References: § 184

§ 184

§ 184

§ 184
 § 881
 § 895