Agenda Item Details

Non-Uniformed Pension Plan Amendment

Number:
150/2019
Department:
Managers Office
Description:
Non-Uniformed Pension Plan Amendment

The Board is being asked to consider an amendment to the Cranberry Township Non-Uniformed Pension Plan to comply with contribution provisions of current bargaining agreements, enhance the definition of "participant" to allow for rollovers and to comply with federal regulations.

Motion to adopt Resolution No. 2019-___, amending the Cranberry Township Non-Uniformed Pension Plan to comply with contribution provisions of current collective bargaining agreements, enhance the definition of "participant" for rollover purposes, comply with federal regulations and restate the plan in its entirety.
Discussed at meetings:
Meeting BOSREG - 3/2019 on 4/4/2019 by Board of Supervisors - Regular Meeting Status: Finished
Topic: Administration - Chairman Manipole
Minutes: No.19
Non-Uniformed Pension Plan Amendment

The Board is being asked to consider an amendment to the Cranberry Township Non-Uniformed Pension Plan to comply with contribution provisions of current bargaining agreements, enhance the definition of "participant" to allow for rollovers and to comply with federal regulations.

Motion to adopt Resolution No. 2019-___, amending the Cranberry Township Non-Uniformed Pension Plan to comply with contribution provisions of current collective bargaining agreements, enhance the definition of "participant" for rollover purposes, comply with federal regulations and restate the plan in its entirety.
Votes: Yes 3 , No 0 , Abstain 0