(A) The town elects to become a participant in the Public Employees’ Retirement Fund as established by the Acts of 1945, Chapter 340, and all acts amendatory and supplemental thereto.
(B) The town agrees to make the required contributions under the Public Employees’ Retirement Fund Act, which is the Act of 1945, Chapter 340, and all acts amendatory thereof and supplemental thereto, including specifically the Acts of 1955, Chapter 329, commonly designated as “The Indiana Public Employees’ Social Security Integration and Supplemental Retirement Benefit Act.”
(Res. 1997-7, passed 9-16-97)