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PENSION
For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BOARD. Officers and Employees Pension Board.
CITY. The City of Corry, Pennsylvania.
EMPLOYEE. A person in the service of the city, except police officers, firefighters and part-time or occasional workers, who is either, or who is not now adequately protected under all circumstances by pensions authorized by the laws of the state and in force at the time of the passage of this subchapter.
FUND. Officers and Employees Pension Fund.
MEMBER. A person who is a member of the retirement system.
OFFICER. A person elected or appointed to city service.
PENSION BENEFITS. The retirement allowance fixed by the Act of 1945, May 23, P. L. 903, as amended, and this subchapter.
PERSON. An officer or employee of the city.
(Ord. 1144, passed 10-19-1970; Ord. 1638, passed 7-17-2023)
There is hereby created a retirement system for officers and employees in active service of the city, except police officers, firefighters and part-time or occasional employees.
(Ord. 1144, passed 10-19-1970; Ord. 1638, passed 7-17-2023)
(A) There is hereby created a Board to be known as the “Non-Uniform Employees' Pension Board”, consisting of the Mayor, the City Controller, the Director of Finance and two employees to be chosen by the employees contributing to the Pension Fund.
(B) The representative chosen by the employees shall not serve for a term of more than four years. Said term shall run concurrently with the term of the Mayor.
(C) A vacancy occurring during the term of the person or persons chosen by the employees shall be filled for the unexpired term by an employee or employees chosen by the employees contributing to the Pension Fund.
(D) The members of the Non-Uniform Employees' Pension Board shall serve without compensation.
(E) It shall be the duty of said Board to register all persons employed by the city, except police officers, firefighters, and part-time or occasional employees, and to administer the collection and distribution of the Fund herein provided for, and make such reasonable rules as the Board may deem necessary to carry into effect the provisions of this subchapter.
(Ord. 1144, passed 10-19-1970; Ord. 1638, passed 7-17-2023)
(A) All officers and employees of the city, who are members of the Fund shall contribute to the Board an amount equal to 6% of each member's gross earnings. Gross earnings shall include all earnings paid by the city directly and earnings paid by the city but reimbursed to the city by other entities.
(B) Such contributions shall be regularly deducted by the city from each member's compensation and shall be paid over to the Fund.
(Ord. 1144, passed 10-19-1970; Ord. 1240, passed 6-19-1978; Ord. 1638, passed 7-17-2023)
(A) (1) Every member who attains the age of 55 years and upwards who shall have so served as an officer or employee of the city for a period of 20 years, or more, shall, upon application to the Board, be retired from service, and shall during the remainder of his or her life receive the pension benefits prescribed.
(2) Any member who shall have served 20 years and voluntarily retires shall be immediately entitled to the pension benefits prescribed, subject to the continuing his or her contributions until the age of 55 years.
(3) Any member who shall have served 20 years and shall be terminated without the his or her voluntary action, shall, by continuing his or her contributions until the age of 55 years, be entitled to begin receipt, at the age of 55 of pension benefits prescribed.
(B) During the lifetime of any retired member, he or she shall be entitled to receive annually from the Fund as pension benefits a sum equal to 50% of the amount which would constitute the highest average annual salary or wages which the member earned during any five years of the member’s service for the city, or which would be determined by the rate of the monthly pay of such person at the date of retirement, whichever is the higher. The pension benefits are to be paid in monthly payments.
(C) If a member has served for 12 years or more of service, but less than 20 years of service, and his or her employment is terminated for any reason, then and in that event, the member will have the option of having the total amount of the contributions paid into the Pension Fund by such employee refunded to the member in full, without interest, or receiving the portion of the annual pension set forth below.
(D) A member who shall have served for 12 years, or more, and shall have attained the age of 60 years and whose office or employment shall be terminated with or without his or her voluntary action before the expiration of 20 years of service, shall, in such event, during the remainder of his or her life, be entitled to immediately receive such portion of the annual pension benefit as the period of the member’s service up to date of termination bears to the full 20 year period of service.
(E) A member who shall have served for 12 years, or more, and shall not have attained the age of 60 years, and whose office or employment shall be terminated with or without his or her voluntary action before the expiration of 20 years of service, shall, in such event, during the remainder of the member’s life, after attaining the age of 60 years, be entitled to receive such portion of the annual pension benefit as the period of service up to the date of termination bears to the full 20 year period of service.
A member who becomes permanently disabled to an extent as to render him or her unable to perform the duties of his or her position or office, which member has completed 15 years of service, and has not attained the age of 55 years, shall be entitled to full pension benefits during such disability. Proof of such disability shall consist of the sworn statement of three practicing physicians, designated by the Board that the employee is in a condition of health which permanently disables him or her from performing the duties of his or her position or office. Members receiving disability benefits shall thereafter be subject to physical examination at any reasonable time or times, upon order of the Board, and upon his or her refusal to submit to any such examination, his or her compensation shall cease.
(Ord. 1144, passed 10-19-1970; Ord. 1638, passed 7-17-2023)
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