(a) The Township of Clinton shall annually contribute sixty-six and two-thirds percent of that portion of the premium or charges arising under the annuity or pension contract for each person within the class of officers and employees enumerated in Section 292.03. Such contributions shall be secured from the General Fund of the Township. Each person within such class of officers and employees shall be responsible for the remainder of the premium or charges and the Township Clerk is hereby authorized to deduct the same from each person's pay, salary or compensation and to apply the same to such person's responsibility.
(b) Each such elected official who is employed on the effective date of the annuity or pension plan shall be eligible for coverage on that day, provided he or she is within the class recited in Section 292.03 and meets the following requirement; otherwise, he or she shall be eligible on the first policy anniversary on which he or she meets such requirement: His or her age (nearest birthday) is at least eighteen years and not more than sixty-five years.
(c) Every such elected official within the class who becomes subsequently employed shall be eligible on the first policy anniversary on which he or she meets the following requirement: His or her age (nearest birthday) is at least eighteen years and not more than sixty-five years.
(d) A person's normal retirement date shall be the policy anniversary of the annuity or pension plan nearest his or her birthday.
(e) Any person desiring not to be so covered shall give written notice to the Township Clerk that he or she desires not to be covered, and if the notice is received before the person has become covered under the contract, he or she shall not be covered thereunder. If the notice is received after the individual has become covered, his or her coverage under the contract shall cease as provided for in the contract.
(Ord. 239. Passed 11-12-74.)