As used in this chapter:
(a) "Act" means the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984 (P.L. 1005), 53 P.S. 895.101 et seq., as amended).
(b) "Actuary" means the person, partnership, association or corporation which at any given time is serving as actuary, provided that such actuary must be an "approved actuary" as defined in the Act.
(c) "Code" means the Third Class City Code.
(d) "Compensation" means an employee's total remuneration as reportable for Federal income taxes on Form W-2.
(e) "Council" means the Council of the City of Johnstown.
(f) "Effective date" means the date upon which this chapter (Ordinance 4443, passed October 28, 1987) becomes effective, that is, January 1, 1988.
(Ord. 4443. Passed 10-28-87.)
(g) "Employee" means any person who is regularly employed as a full-time employee of the Bureau of Sewage (excluding, however, such person whose customary employment is for not more than twenty hours in any one week or for not more than five months in any one calendar year, and those persons who have transferred to the Bureau of Sewage from another Department of the City and for whatever reason are disadvantaged by having to change pension plans, including, however, those persons who have transferred from the Bureau of Sewage to another Department of the City and again, for whatever reason, are disadvantaged by having to change pension plans.
(Ord. 4524. Passed 2-28-90.)
(h) "Employer" means the Bureau of Sewage of the City.
(i) "Final monthly average salary" means the monthly equivalent of the average annual salary that a member received during the final sixty-month period of his or her employment with the employer.
(j) "Member" means an employee who has met the eligibility requirements of Section 293.04 and who has not, for any reason, ceased his or her participation hereunder.
(k) "Normal retirement date" means the first day of the month coincident with or immediately following the date when a member attains sixty-five years of age.
(l) "Pension Fund" means the assets of this Plan administered under the terms of this chapter and under the rules and regulations of the Board of Trustees as set forth in Section 293.02, which assets include all money, property, investments, policies and contracts that are a part of the Plan.
(m) "Plan" means the pension plan set forth herein and designated as the City of Johnstown's Bureau of Sewage New Pension Plan.
(n) "Plan year" means the twelve-month period beginning on January 1 and ending on the subsequent December 31 of each year.
(o) "Salary" means the monthly equivalent of the basic rate of remuneration paid to an employee by the employer, excluding therefrom any extra or additional forms of remuneration, such as overtime, bonuses or commissions.
(p) "Year of continuous service" means a twelve-month period of employment during which a member is employed with the employer and paid out of the City Treasury. Years of credited service shall be calculated in accordance with Section 293.02.
(Ord. 4443. Passed 10-28-87.)