Pursuant to Act 27 of the Public Acts of 1960, State of Michigan, as amended, the Township of Clinton hereby creates and establishes an annuity or pension plan and program for the pensioning of its elected officials on the Clinton Township Board, except for those members wishing exclusion, and, for such purposes, also hereby authorizes the Township Supervisor and the Township Clerk to contract, in the name of the Township Board, with any company authorized to transact such business within the State of Michigan for annuities and pensions.
(Ord. 239. Passed 11-12-74.)