(A) The town elects to become a participant in the Public Employees’ Retirement Fund as established by I.C. 5-10.3-2-1 et seq. and all acts amendatory and supplemental thereto.
(B) The town agrees to make the required contributions under the Public Employees’ Retirement Fund Act established by I.C. 5-10.3-2-1 et seq. and all amending and supplementary acts.
(C) All eligible town employees and eligible elected officials as defined in I.C. 5-10.1-1-1, as amended, are declared to be covered by the fund.
(1) Note of the classification or positions specified in this division are compensated on a fee basis of an emergency nature, or in a part-time category.
(2) The active participating membership of the town shall begin on 1-1-1966.
(Ord. 8-1992, passed - -1992)